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.
Contact an agent
Home facts
- Year built:1900
- Listing ID #:942225
- Added:111 day(s) ago
- Updated:December 19, 2025 at 04:14 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
New listings near 151 Grove Avenue #151
- New
$275,000Active3 beds 3 baths1,847 sq. ft.8951 Willowgate Lane, Dayton, OH 45424
MLS# 1864295Listed by: COMEY & SHEPHERD - Open Sat, 1 to 3pmNew
$150,000Active2 beds 2 baths987 sq. ft.12 Mallard Glen Drive #3, Dayton, OH 45458
MLS# 946419Listed by: SIBCY CLINE INC. - Open Sat, 12 to 2pmNew
$275,000Active3 beds 3 baths1,847 sq. ft.8951 Willowgate Lane, Dayton, OH 45424
MLS# 949465Listed by: COMEY & SHEPHERD REALTORS - New
$159,500Active4 beds 2 baths1,836 sq. ft.1104 Sunnyview Avenue, Dayton, OH 45406
MLS# 949545Listed by: PLUM TREE REALTY - New
$115,000Active2 beds 1 baths912 sq. ft.1708 S Gettysburg Avenue, Dayton, OH 45417
MLS# 949519Listed by: HOWARD HANNA REAL ESTATE SERV - New
$180,000Active3 beds 2 baths1,133 sq. ft.434 E Cottage Avenue, Dayton, OH 45449
MLS# 949505Listed by: IRONGATE INC.
$117,400Pending3 beds 3 baths1,623 sq. ft.349 Cherry Drive, Dayton, OH 45405
MLS# 1864387Listed by: RENWICK REALTY LLC- New
$259,900Active3 beds 2 baths1,400 sq. ft.228 Prospect Avenue, Dayton, OH 45415
MLS# 949460Listed by: KELLER WILLIAMS HOME TOWN RLTY - New
$1Active3 beds 1 baths1,512 sq. ft.723 Clegg Street, Dayton, OH 45417
MLS# 1864370Listed by: PRODIGY PROPERTIES - New
$199,900Active3 beds 2 baths1,483 sq. ft.4838 Pacific Court, Dayton, OH 45424
MLS# 949480Listed by: RE/MAX VICTORY + AFFILIATES