Montgomery County, OH Real Estate Search

Montgomery County, OH Multi-Family Homes for Sale

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Newest Montgomery County, OH Multi-Family Homes for Sale

930 Webster Street, Dayton
$92,000
4 Beds ⋅ 4 Baths ⋅ 971936 MLS
Attention Investors and buyers looking for some sweat equity. This renovation project offers an opportunity to complete the work already underway and create two income-producing units or a future home for residents seeking a fresh start. Each unit is designed with two bedrooms and a full bathroom upstairs, plus a living room, kitchen, and half bath on the first floor. The property also features a full unfinished basement. Significant renovation work has already begun, including new exterior siding, some updates to the front porch area, four new upstairs bedroom windows, interior framing, and the start of electrical, plumbing, insulation and drywall work. Previous improvements include new exterior electrical service meters and updated interior electrical panel boxes. Added value for the next owner: A collection of renovation materials and supplies will convey with the sale, including new water heaters, new-in-box mini-split heating and cooling units, flooring, light fixtures, cabinetry, select appliances, and more. Take advantage of the work and materials already in place to continue the transformation and bring this investment opportunity across the finish line. Property is being sold AS-IS due to unforeseen seller circumstances. Cash offers only. Buyers are encouraged to conduct their own inspections, verify property details, and evaluate the scope of remaining work. Bring your vision and make this project your next investment!

930 Webster Street, Dayton

Courtesy of Nicole Bowles and Keller Williams Advisors Rlty

421 N Broadway Street, Trotwood
$1,120,000
32 Beds ⋅ 32 Baths ⋅ 971480 MLS
Prime Investment Opportunity – 16 Unit Multifamily Property in Trotwood! Excellent opportunity to acquire a 16 unit multifamily investment property in Trotwood, one of the Dayton area's active markets for real estate investors. Located on N Broadway Street, this property offers an attractive opportunity for investors seeking established rental income, long-term appreciation potential, and the ability to enhance overall investment performance. These highly desirable rental units offer a floor plan sought after in today's rental market. Each of the 16 units features 2 bedrooms, 1.5 bathrooms, and dedicated washer and dryer connections, providing the space, functionality, and convenience renters value. Ideally situated directly across the street from a park and in close proximity to the new high school, the property offers an appealing location with convenient access to neighborhood amenities. This 16 unit asset offers an opportunity to expand an existing portfolio or establish a larger multifamily investment presence in the market. This 16 unit investment property offers strong cash flow and growth potential. The property generated $150,106 in revenue and $72,623 in net operating income (NOI) in 2025. Through September 11, 2026, revenue reached $140,804, with NOI increasing to $89,623. With established rental income and opportunities for further rent growth, this property presents an attractive investment opportunity. Whether your strategy is to maintain existing operations, optimize rental rates, or pursue value-add improvements, this property presents an opportunity to build long term cash flow and equity. Financial information is available for review. Additional multifamily properties are also available for investors seeking to expand their holdings.

421 N Broadway Street, Trotwood

Courtesy of Mellissa Andre and Bridgestream Realty

623 - 625 Bright Avenue, Vandalia
$340,000
4 Beds ⋅ 4 Baths ⋅ 971263 MLS
Charming brick duplex offering two well-appointed units with 2 bedrooms and 2 baths in each unit, and thoughtfully designed living space. This property presents an outstanding investment opportunity to rent both units, occupy one side while generating income from the other or fill the need for generational style living.  The 623 side is currently occupied by long-term tenants, and was completely renovated in 2015. Extensive updates including new kitchen, bathrooms, new roof, furnace, central air conditioning, windows, water heater, kitchen appliances, fresh paint, flooring, modern light fixtures, and more. Step inside the vacant 625 unit to discover freshly painted walls and ceilings that create an airy, open atmosphere throughout. The kitchen features warm, wood cabinetry, great counter space, and a functional galley layout with modern appliances (6 months new). Both bathrooms have been remodeled and the garage has been freshly painted to update this beautiful unit. Generous walk-in closets in the bedrooms add exceptional storage, and updated bathrooms showcase clean lines with tub-shower combo and vanity storage. Both units feature separate dining areas, brick fireplaces that serve as stunning focal points. Separate oversized one-car attached garages provide secure parking and additional storage options. The exterior presents classic brick construction with recently vinyl wrapped chimneys and is conveniently located within minutes of Dayton International Airport, major interstates, shopping centers, municipal rec center and a short stroll to Helke Park.  Don't miss this fantastic opportunity with desirable updates, and excellent rental income potential. Established tenant in 623 paying $1200/mo.  Most recent tenant in 625 paid $1500/mo.

623 - 625 Bright Avenue, Vandalia

Courtesy of Angela N Hicks and CENTURY 21 The Gene Group

612-614 S Smithville Road, Dayton
$179,900
4 Beds ⋅ 2 Baths ⋅ 969520 MLS
Fantastic opportunity for an owner-occupant, house hacker, or investor! This duplex features two spacious 2-bedroom, 1-bath units, with one side currently vacant and ready for its next occupant. The occupied unit is professionally managed and currently rents for $950 per month, with the tenant responsible for all utilities. For the savvy buyer, the possibilities are easy to see. Move into the vacant side and let the income from the neighboring unit help offset your monthly housing expenses, or place another tenant and maximize the property's income potential. At approximately $950 per month per unit, projected gross rents could reach $1,900 per month, or $22,800 annually when fully occupied. That kind of income potential makes this an attractive option for investors looking to add a solid income-producing property to their portfolio. Conveniently located near State Route 35 for easy access throughout the Dayton area, the property is also within walking distance of a grocery store, retail shopping, and restaurants, adding even more appeal for both owners and tenants. Professionally managed, conveniently located, and ready for its next owner, 612–614 Smithville Rd offers tremendous flexibility whether you're looking to build your rental portfolio or make your first move into real estate investing through house hacking. Opportunities like this, with one unit already producing income and the other available for immediate use, don't come along every day!

612-614 S Smithville Road, Dayton

Courtesy of John Clark and eXp Realty

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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®

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