2331 Rugby Road

6,384 Sq. Ft.
$58 / Sq. Ft.
6,384
Sq. Ft.
$58
per Sq. Ft.

Description

Instant Equity! Appraised for $400,000 in March 2025! Currently rented for $3825 with 1 2 bed vacant for showings with rent being $4,600+ a month at full occupancy, Market Rents of $5,000 a month, $60,000 annual gross revenue. This well-maintained 6-unit multi-family was fully renovated top to bottom with New kitchens, bathrooms, flooring, lighting, windows, & roof in 2022. The units are extremely spacious with nearly 900 sq ft per unit, encouraging long term residents. This is a great investment...Instant Equity! Appraised for $400,000 in March 2025! Currently rented for $3825 with 1 2 bed vacant for showings with rent being $4,600+ a month at full occupancy, Market Rents of $5,000 a month, $60,000 annual gross revenue. This well-maintained 6-unit multi-family was fully renovated top to bottom with New kitchens, bathrooms, flooring, lighting, windows, & roof in 2022. The units are extremely spacious with nearly 900 sq ft per unit, encouraging long term residents. This is a great investment for someone looking for a turnkey building that will have strong cashflow, long term tenants due to renovation & large units, & limited near term CapEx since everything in the building is new within the last couple of years. Situated in a convenient location with easy access to public transit and local amenities, this property is primed for a "set and forget" portfolio addition or a value-add play for higher market rents. Don’t miss out on this high-performing asset—schedule your tour today! Unit #6 has been left vacant for showings & remainder can be viewed once under contract. 3 of 5 units are on MTM leases
  1. Listed by Christopher John • Red 1 Realty
    P: (937)-672-5855 C: (937)-672-5855 cjjohnrealestate@gmail.com

Property Details for 2331 Rugby Road

Subdivision Name
City/Dayton
Zoning
Residential
Zoning Description
Residential
LISTING UPDATED: 04/30/2026 01:27 PM

Property Details for 2331 Rugby Road

StatusClosed
MLS #950796
Days on Market77
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1950
Lot Size0.11 AC / 4,718 SF
CountyMontgomery County

Location

Listing Courtesy of Red 1 Realty

Sold By Red 1 Realty

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Building Information for 2331 Rugby Road

Stories3Residences6Year Built1950Building Size-Lot Size0.11 AC / 4,718 SF

Payment Calculator

$1,834 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,834

Property Taxes

$0

HOA Dues

$0

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Property Information for 2331 Rugby Road

Summary
Location and General Information
  • Latitude: 39.789529
  • Longitude: -84.224537
Taxes and HOA
  • Parcel Number: R72-11201-0015
  • Tax Legal Description: 44645-46 112-1-16
School Information
  • Elementary School District: Dayton
  • High School District: Dayton
  • Middle Or Junior School District: Dayton
Parking
  • Garage: No
  • Parking Features: No Garage, On Street
Property
Lot Information
  • Lot Size Acres: 0.1083
  • Lot Size Area: 4718.0
  • Lot Size Dimensions: 6384
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4718.0
  • Lot Size Units: Square Feet
Property and Assessments
  • Building Area Total: 6384.0
  • Living Area: 6384.0
  • Living Area Source: Assessor
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1950
Building Features
  • Construction Materials: Brick
  • Number Of Buildings: 1
Interior and Exterior Features
Exterior Features
  • Total Stories: 3
Interior Features
  • Basement: Finished
  • Has Basement: Yes
  • Full Bathrooms: 6
  • Total Integer Bathrooms: 6
  • Total Bedrooms: 11
  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Heating: Forced Air
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number Of Units Total: 6
  • Unit Type: 2 Bedroom
Income & Expenses
  • Gross Income: $55,000
  • Net Operating Income: $35,000
Rental
Rent Information
  • Lease Considered: No

Property History for 2331 Rugby Road

DateEvent & SourcePriceAppreciation
Apr 30, 2026

Sold

Dayton REALTORS #950796

$368,000
Mar 2, 2026

Contract Signed

Dayton REALTORS #950796

Feb 12, 2026

Listed (Active)

Dayton REALTORS #950796

$380,000
DateEvent & SourcePrice
04/30/2026

Sold

Dayton REALTORS #950796

$368,000
03/02/2026

Contract Signed

Dayton REALTORS #950796

02/12/2026

Listed (Active)

Dayton REALTORS #950796

$380,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 2331 Rugby Road

This home is within Dayton City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 9
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Valerie Elementary School
PublicPK to 6

E. J. Brown Pre-K-8 School
Public7 to 9

Dayton Digital Academy
Public9 to 12

Belle Haven Pre-K-8 School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Red 1 Realty

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