Dayton, OH Real Estate Search

Dayton, OH Multi-Family Homes for Sale

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Newest Dayton, OH Multi-Family Homes for Sale

$195,000
1 Beds 1 Baths 965474 MLS
Great Investment! Mixed use Residential / Commercial. Invest Smart. Live Well. Own a Turn-Key Income Producer. This well-maintained 1-unit apartment building and a commercial space. Offers an exceptional investment opportunity with built-in income and future upside. The property includes One upper 1-bedroom, 1-bath apartments that was fully remodeled in the summer of 2025. Updates included new flooring, fresh paint, completely renovated kitchens, new range and refrigerator, under-cabinet microwaves, updated bathroom, new electric breaker boxes, a new meter base, and upgraded electric service. The lower unit is a commercial space underwent a complete renovation in Summer 2025. Major exterior improvements add long-term value and peace of mind, including new siding, lower windows, and doors installed in 2025, followed by a new roof and new gutters in 2025. Operating expenses include water, insurance, taxes, Property Mgmt. This is a rare opportunity to own a solid, cash-flowing property with flexibility for future growth—schedule your private showing today and be sure to view the floor plans to see the full potential. Part of the St Anne's Hill Historic District, just east of the Oregon District Lower level is commercial and rented on a 2 year lease at $1600 month. The upper level is a one Bedroom apartment (vacant) that should rent between $800-$900. (Total $2500 monthly)

1834 E 5th St., Dayton

Courtesy of Jesse Doyle and Streetlight Realty LLC

$59,900
8 Beds 4 Baths 965420 MLS
Historic Restoration Opportunity with Income Potential! Bring your vision to this impressive 2.5-story historic residence offering over 2,550 square feet of living space in Dayton's most historic suburbs. Rich in original character and architectural detail, this property features hardwood floors, multiple decorative fireplaces, an elegant open staircase, oversized rooms, original millwork, tall ceilings, original light fixtures and so much more! Public records indicate the property was formerly configured as a duplex, while the finished third floor presents the potential for an additional living unit, subject to buyer verification and local zoning approval, creating an attractive opportunity for investors seeking a potential triplex conversion or an expansive single-family home. The detached garage offers the convenience of off-street parking. The property's substantial square footage, flexible floor plan, preserved historic features, and strong architectural presence provide an exceptional foundation for redevelopment. Located with convenient access to downtown Dayton, major employers, hospitals, Wright-Patterson Air Force Base, and interstate highways, this property presents a unique opportunity for experienced investors, historic restoration specialists, or developers looking to create significant value. Cash/Hard Money or renovation financing only. Property is being sold in its current condition. Buyer to verify all zoning, room counts & measurements, future use possibilities, and all other information. Schedule your private tour today!

51 Lexington Avenue, Dayton

Courtesy of Mason James and Howard Hanna Real Estate Serv

$220,000
4 Beds 4 Baths 963139 MLS
Excellent investment opportunity! This solid, well-maintained brick, four-unit multifamily property is ready to start generating income from day one. Whether you're looking to owner-occupy one unit while the others help offset your mortgage or you're ready to expand your real estate investment portfolio, this property is one you won't want to miss. Featuring four spacious 1-bedroom, 1-bath units, each offering a functional layout that tenants appreciate, this fully occupied property provides immediate rental income and long-term investment potential. Recent improvements include a new roof (2026), new furnaces (2026), updated electrical panels, and some newer replacement windows, giving investors added peace of mind and helping minimize future maintenance expenses. The property also features a fenced yard and dedicated tenant parking with convenient access to the rear entrance, amenities tenants will appreciate. Some units showcase hardwood floors, while others may have hardwood flooring beneath the existing carpeting, offering additional value and potential. The large unfinished basement provides abundant storage space and includes laundry hookups, adding convenience for tenants and creating another attractive feature for long-term occupancy. Conveniently located with easy access to I-75, shopping, dining, schools, downtown Dayton, and other local amenities, this property is ideally situated for continued rental demand. With solid brick construction, quality updates, consistent occupancy, and excellent income potential, this multifamily property is a fantastic opportunity for both seasoned investors and those just beginning to build their portfolio. Schedule your private showing today and discover everything this exceptional investment property has to offer!

615 Rockford Avenue, Dayton

Courtesy of Pamela Masten and RE/MAX Alliance Realty

$699,000
19 Beds 9 Baths 959481 MLS
Discover a unique investment opportunity featuring both an 8-unit multifamily building and a separate 3-bedroom single-family home, all being operated under a stable long-term program lease in Dayton, Ohio. The property includes: An 8-unit apartment building consisting entirely of 2-bedroom units A separate 3-bedroom single-family home Total annual gross income of approximately $82,800 What makes this investment especially attractive is the operational structure already in place. The property is leased to a program operator under a 3-year net lease, creating a simplified and highly predictable ownership experience. Key investment highlights include: No tenant turnover management Program pays all utilities Lawn care handled by the program General day-to-day maintenance handled by the program Reduced management burden for ownership Owner primarily responsible only for major capital or structural repairs This setup significantly minimizes the normal operational demands often associated with multifamily ownership while still providing strong and consistent cash flow. The property offers approximately 5,440 square feet of living space across the multifamily building, with a total of 19 bedrooms and 9 full bathrooms throughout the combined properties. Situated on a 0.21-acre lot, the property is located in a strong rental corridor with convenient access to employment centers, transportation routes, and local amenities. With stable income, long-term lease security, and reduced operating responsibilities, this property presents an excellent opportunity for investors seeking dependable cash flow and long-term portfolio growth. Showings will be provided to accepted offers only.

1723-1731 McArthur Avenue Unit 8, Dayton

Courtesy of Casey McGowan and One Tree Realty & Property Mgm

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than our company are marked with the Broker Reciprocity™ logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. This data is up-to-date as of . Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved. Information deemed reliable but not guaranteed.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors® MLS IDX Database. Real estate listings from the Dayton Area Board of Realtors® MLS IDX Database held by brokerage firms other than Luma Realty are marked with the IDX logo and are provided by the Dayton Area Board of Realtors® MLS IDX Database. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in. Copyright© 2026 Dayton Area Board of Realtors®