151 Grove Avenue #151, Dayton, OH 45404
Local realty services provided by:ERA Petkus Weiss
151 Grove Avenue #151,Dayton, OH 45404
$629,999
- 21 Beds
- 7 Baths
- 12,606 sq. ft.
- Multi-family
- Active
Listed by:stephen s payne(937) 530-4904
Office:keller williams community part
MLS#:942225
Source:OH_DABR
Price summary
- Price:$629,999
- Price per sq. ft.:$49.98
About this home
Rare Investment Opportunity: Cash-Flowing 7-Unit Multi-family Townhouse Property in Old North Dayton
Investors—don’t miss this rare chance to add a stabilized, high-demand, cash-flowing asset to your portfolio! Located in the heart of Old North Dayton, this 7-unit townhouse-style rental property offers consistent income and long-term value.
Each unit is a spacious 3-bedroom, 1-bath, 1,150 sq ft townhouse with a full walkout basement. Four units have been fully remodeled in recent years, with rents reaching up to ~$1,000/month. Tenants cover electricity and gas, while the owner pays water, sewer, and trash—keeping overhead low and predictable.
This low-maintenance property has a proven rental history and strong tenant appeal. Townhouse-style units in this area are in high demand, thanks to their layout and location—just minutes from downtown Dayton and Dayton Children’s Hospital.
The out-of-town owner made long-term updates with the intention to hold the property indefinitely, but now needs to redirect focus to other obligations. This is your opportunity to step into a turnkey investment with immediate returns. Recent investments include tuck-pointing brickwork this year ($totaling 26,375). As a result, the net operating income this past year is skewed.
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Home facts
- Year built:1900
- Listing ID #:942225
- Added:17 day(s) ago
- Updated:September 11, 2025 at 03:07 PM
Rooms and interior
- Bedrooms:21
- Total bathrooms:7
- Full bathrooms:7
- Living area:12,606 sq. ft.
Structure and exterior
- Year built:1900
- Building area:12,606 sq. ft.
- Lot area:0.29 Acres
Finances and disclosures
- Price:$629,999
- Price per sq. ft.:$49.98
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