116 Bellaire Avenue, Dayton, OH 45420

Dayton
Local realty services provided by:ERA Petkus Weiss
116 Bellaire Avenue,Dayton, OH 45420
$185,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: catherine a cable, heather mendelson-goodrich
Office: keller williams community part
MLS#:962715
Source:OH_DABR

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Price summary

  • Price:$185,000

About this home

Turnkey Duplex Investment at 116 Bellaire Ave. This income-producing property offers immediate cash flow with a 7.3% cap rate (professionally managed) and an 8.8 GRM. The 1,725 sq ft building features two fully leased 2-bed, 1-bath units generating $1,750/month ($850 lower/$900 upper). Tenants pay their own utilities, owner covers water/trash ($100/mo) and low annual taxes of $1,988. Each unit includes spacious living/dining areas and full basement access with laundry. Major capital improvements include a new roof (2025), concrete entrance steps (2026), main plumbing stack/sewer line replacement (2022), and upper-unit cosmetic/bathroom updates (2022). Includes a detached 2-car garage. Prime rental location just 1 mile from the University of Dayton, Miami Valley Hospital, and Brown Street dining, plus easy access to US-35, I-75, and WPAFB (7.4 miles). Financials and leases available upon request.

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Home facts

  • Year built:1945
  • Subdivision & Development:City/Dayton
  • Listing ID #:962715
  • Added:58 day(s) ago
  • Updated:September 07, 2026 at 06:55 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Basement:Yes
  • Basement Description:Full, Unfinished

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:1945
  • Construction Materials:Brick

Finances and disclosures

  • Price:$185,000

Parking

  • Garage:Yes
  • Garage spaces:2

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