Investment Overview

Marcus & Millichap is pleased to present Williamsburg Place Apartments, a 23-unit multifamily investment opportunity located at 1515 Gummer Avenue and 607 Claremont Avenue in Dayton, Ohio within Montgomery County. The property is comprised of four two-story brick buildings situated across two parcels, offering a well-maintained apartment in the Eastern Hills submarket. Constructed in 1952, the asset totals approximately 17,950 rentable square feet and features a mix of one- and two-bedroom units, including townhome-style floorplans. Williamsburg Place is currently operating at 91% occupancy with an average effective rent of approximately $844, providing a clear value-add opportunity through lease-up and continued rent growth toward projected market levels. The property benefits from individual HVAC systems installed in 2019, off-street and garage parking, and long-term ownership, supporting operational stability and upside potential. The asset is well positioned in the Eastern Hills submarket, with close proximity to the University of Dayton, Wright-Patterson Air Force Base, and major retail corridors, benefiting from stable renter demand, affordability, and ongoing reinvestment in the surrounding area.