Mitch Royce

421 N Broadway Street, Trotwood, OH 45426

$1,120,000
  • 421 N Broadway Street, Trotwood, OH 45426 Main Photo

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New to the Market Active
BEDS32 BATHS16 full 16 partial SQUARE FEET8,950 MLS#971480
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLTrotwood-Madison

Property Description

Prime Investment Opportunity – 16 Unit Multifamily Property in Trotwood!Excellent opportunity to acquire a 16 unit multifamily investment property in Trotwood, one of the Dayton area's active markets for real estate investors. Located on N Broadway Street, this property offers an attractive opportunity for investors seeking established rental income, long-term appreciation potential, and the ability to enhance overall investment performance.These highly desirable rental units offer a floor plan sought after in today's rental market. Each of the 16 units features 2 bedrooms, 1.5 bathrooms, and dedicated washer and dryer connections, providing the space, functionality, and convenience renters value. Ideally situated directly across the street from a park and in close proximity to the new high school, the property offers an appealing location with convenient access to neighborhood amenities. This 16 unit asset offers an opportunity to expand an existing portfolio or establish a larger multifamily investment presence in the market.This 16 unit investment property offers strong cash flow and growth potential. The property generated $150,106 in revenue and $72,623 in net operating income (NOI) in 2025. Through September 11, 2026, revenue reached $140,804, with NOI increasing to $89,623. With established rental income and opportunities for further rent growth, this property presents an attractive investment opportunity.Whether your strategy is to maintain existing operations, optimize rental rates, or pursue value-add improvements, this property presents an opportunity to build long term cash flow and equity. Financial information is available for review. Additional multifamily properties are also available for investors seeking to expand their holdings.

421 N Broadway Street | MLS# 971480

This multi-family property located at 421 N Broadway Street, Trotwood, OH 45426 is currently listed for sale with an asking price of $1,120,000. N Broadway Street is located within the Trotwood-Madison school district. Search Trotwood real estate on www.mitchroycehomes.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Wall
Heating: Baseboard, Electric
Lot Size: 0.49 Acres
Taxes: $24,779
Year Built: 1973

Feature Descriptions

Appliance Features: Dishwasher, Range, Refrigerator
Basement Features: Slab
Days on Site: 5
Exterior: Brick
Lot Dimensions: 185x115
Outside Features: Balcony
Utilities: Public Water

Local Schools

School District: Trotwood-Madison

Listed By / Shown By

Listed By

Agency Name: Bridgestream Realty
Agency Phone: (517) 270-9907

Shown By

Agent Name: Mitch Royce
Agent Phone: (616) 430-8838
Agency Title: Key Realty

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Estimated Payment

$ 8,656.55 per month $6,264.96 Principal & Interest $2,064.92 Property Tax $326.67 Homeowner's Insurance

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