151 Grove Avenue, Dayton, OH 45404

Dayton
Local realty services provided by:ERA Petkus Weiss
151 Grove Avenue,Dayton, OH 45404
$514,999
  • 3 Beds
  • 1 Baths
  • 12,606 sq. ft.
  • Multi-family
  • Active
Listed by: philip l herman
Office: re/max real estate specialists
MLS#:969165
Source:OH_DABR

Price summary

  • Price:$514,999
  • Price per sq. ft.:$40.85

About this home

OUTSTANDING INVESTMENT OPPORTUNITY! Brick two-story seven-unit multifamily property featuring seven spacious three-bedroom, one-bath townhouse apartments, each with a private exterior entrance. Current gross rental income is $6,875 per month, or $82,500 annually, providing an attractive existing income stream with potential for continued growth. Over half of the units have been remodeled in recent years, with rents as high as $1,075/month, offering investors a strong combination of current cash flow and future upside. Individual rents range from $925 to $1,075/month. Tenants pay electric and gas; owner pays water, sewer and trash. Full unfinished walkout basement provides excellent storage potential and access to the rear yard and parking. Additional off-street parking is available. Three-bedroom townhouse apartments offer strong tenant appeal and rental demand in this location. Conveniently situated in Old North Dayton, just minutes from downtown Dayton and Dayton Children's...

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Home facts

  • Year built:1900
  • Subdivision & Development:City/Dayton Rev
  • Listing ID #:969165
  • Added:7 day(s) ago
  • Updated:September 26, 2026 at 03:27 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Kitchen Description:Range, Refrigerator
  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:12,606 sq. ft.

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:1900
  • Building area:12,606 sq. ft.
  • Lot area:0.29 Acres
  • Construction Materials:Brick
  • Exterior Features:Fence, Porch

Finances and disclosures

  • Price:$514,999
  • Price per sq. ft.:$40.85

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