120 Fairground Avenue, Dayton, OH 45409
Local realty services provided by:ERA Petkus Weiss
120 Fairground Avenue,Dayton, OH 45409
$618,000
- 3 Beds
- 3 Baths
- 2,438 sq. ft.
- Single family
- Active
Listed by: brian sharp
Office: bhhs professional realty
MLS#:970892
Source:OH_DABR
Price summary
- Price:$618,000
- Price per sq. ft.:$253.49
About this home
Income-producing student rental near the University of Dayton with leases secured for two academic years! 120 Fairground Avenue offers approximately $70,000 in contracted gross rent for the current academic year and $60,000 for the following year, providing investors with established rental income and advance leasing visibility.
Three full bathrooms, a finished basement, a detached garage, and a spacious fenced backyard complement a location close to campus just steps from Brown Street. The finished lower level adds flexible usable space, with potential for further improvements and code-compliant egress, subject to applicable permits and approvals.
With approximately $130,000 in combined contracted gross rent across two academic years, this property offers an opportunity to acquire an operating student rental with future leasing upside in Dayton’s university rental market. Lease agreements and supporting rental documentation are available for review once under contract.
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Home facts
- Year built:2003
- Subdivision & Development:City/Dayton Rev
- Listing ID #:970892
- Added:1 day(s) ago
- Updated:October 18, 2026 at 07:05 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:5
- Kitchen Description:Cooktop, Range, Refrigerator
- Basement:Yes
- Basement Description:Finished, Full
- Living area:2,438 sq. ft.
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:2003
- Building area:2,438 sq. ft.
- Lot area:0.11 Acres
- Levels:2 Stories
Finances and disclosures
- Price:$618,000
- Price per sq. ft.:$253.49
Features and amenities
- Laundry features:Dryer, Washer
Parking
- Garage:Yes
- Garage spaces:2
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