Jon Glista
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5253 Lamme Road, Moraine, OH 45439$184,800

Sq. Feet: 3,234 Days on Site: 28 MLS#: 953802 View Map

Comments for 5253 Lamme Road, Moraine, OH 45439

Four-unit multifamily investment opportunity with strong value add potential. Each of the four units is currently configured with 2 bedrooms and 1 bathroom and a functional layout suitable for long term rental or a repositioning strategy. Property requires updates and is being sold as is, where is, with no seller repairs, making it well suited for an investor or rehab project.Each unit is reported to include a range, refrigerator, dishwasher, washer, and dryer. Existing mechanicals and electric water heaters are located within the building. Exterior features include small rear patio areas with side partition fencing; patio areas remain open between sections. The property shares a driveway with the adjacent building and is estimated to provide approximately 7 off street parking spaces.This asset presents an opportunity for renovation and lease up in a multi unit configuration with established utility and layout fundamentals in place. Buyer and buyer’s broker to conduct their own due diligence and to verify all information, including square footage, unit mix, condition, current and future use, rents, zoning, and any potential improvements, to their own satisfaction.Located in Moraine, the property offers a practical setting with access to local amenities, employment centers, and major transportation routes.

Property Type: Multi Unit - Multiple Heating: Electric
Appliance Features: Dishwasher, Dryer, Range, Refrigerator, Washer Lot Dimensions: 90.34', 181.86', 90', 189.53'
Basement Features: Slab Lot Size: 0.39 Acres
Cooling: Central Taxes: $41
Days on Site: 28 Year Built: 1979
Exterior: Brick, Frame  
School District: West Carrollton

Listed By

Agency Name: Ascent Real Estate Advisors
Agency Phone: (937) 694-7762

Shown By

Agent Name: Jon Glista
Agent Phone: (937) 620-8913
Agency Title: Irongate Inc., Realtors

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Montgomery County Demographic Information for 5253 Lamme Road, Moraine, OH 45439

Fips
Fips Code39113
Population
2020 to 2025 Changeup 0.4%
2010 Count535,153
2020 Count537,309
2025 Estimate (V2025)539,598
2020 Estimate (V2025)537,306
Age Distribution (Years Old)
0 to 45.7%
5 to 1721.9%
18 to 6453.2%
65 and Older19.2%
Gender
Male48.4%
Female51.6%
Place of Birth
Foreign5.3%
US94.7%
Education
High School Graduate, Age 25+92.6%
Bachelor's Degree or Higher, Age 25+31.3%
Computer and Internet use
Households with a computer94.6%
Households with a broadband Internet subscription90.6%
Language
English is Second Language, Age 5+7.3%
English is First Language, Age 5+92.7%
Veterans
Veterans34,904
Income
Per Capita Income$38,450
Median Household Income$66,139
People in Poverty14.4%
Commute
Average Work Commute Time22 minutes
Housing
Total Housing Units252,781
Households231,319
Average Household Size2.24
Owner-Occupied62.5%
Multi-Family24.3%
Owner-Occupied Median Value$180,900
Median selected monthly owner costs -with a mortgage$1,438
Median selected monthly owner costs -without a mortgage$604
Median gross rent$1,026
Building Permits
New Private Housing Issued 2024933
Years at Residence
1 Year or More85.9%
Less Than 1 Year14.1%
Business and Employment
Private non-farm Establishments10,930
Private non-farm Employment234,881
Private non-farm Employment Growthup 0.9%
Nonemployer Establishments37,294
Number of Firms7,720
Business Production
Value of Shipments$9,405,685,000
Wholesale Trade$8,384,635,000
Retail Trade$8,441,166,000
Retail Sales Per Capita$12,147
Accommodation and Food Services$1,176,468,000
Land
Land Area461.55 sq. miles
Population Per Square Mile1,160
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Jon Glista
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Text: (937) 620-8913

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Mortgage Payment Calculation for 5253 Lamme Road, Moraine, OH 45439

  • %
  • years/fixed
  • yearly
  • yearly (estimated)
  • Est. Payment: $1,196.00 / per month

(Payments are an estimate and may vary by lender)

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