Montgomery County, OH Real Estate Search

Montgomery County, OH Multi-Family Homes for Sale

Our website features the best real estate search for multi-family homes available in Montgomery County, OH and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in the Montgomery County, OH real estate market? Sign up for a  Montgomery County, OH Real Estate Market Report to see what’s active, under contract, and sold!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest Montgomery County, 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

$299,900
5 Beds 3 Baths 964265 MLS
Discover a truly exceptional opportunity in Vandalia with this unique property featuring two distinct living units set on an expansive 2.49-acre estate. This versatile offering is perfectly suited for multi-generational living, generating rental income, or providing a private guest retreat alongside your primary residence. The main home presents a classic two-story layout, boasting three well-appointed bedrooms and two full bathrooms. A full basement offers significant potential, currently configured as an excellent workshop space. This unit also includes a welcoming living room, a formal dining room, a functional kitchen, and a dedicated area ideal for a home office. Original woodwork graces much of the interior, enhancing its timeless appeal, while a charming front porch invites relaxation. Seamlessly connected to the main residence via an interior door, the second unit also benefits from separate exterior entrances at both the front and back of the homes. This single-story dwelling provides two comfortable bedrooms and one full bathroom, complemented by a cozy living room and an eat-in kitchen. An unfinished basement in this unit further expands its potential. The property is completed by a detached two-car garage and a storage shed, all nestled within the nearly 2.5 acres of mature grounds. Opportunities like this are rare, offering flexibility and a wealth of possibilities for discerning buyers.

9475 N Dixie, Vandalia

Courtesy of Amy Stamps and Keller Williams Home Town Rlty

$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

Start Your Search

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.

board logo

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®