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. 

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Newest Montgomery County, OH Multi-Family Homes for Sale

151 Grove Avenue, Dayton
$514,999
3 Beds ⋅ 1 Baths ⋅ 969165 MLS
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 Hospital. A compelling opportunity for investors seeking established rental income, desirable unit layouts and value-add potential. *note: operating expences and NOI are averages estimated over 12 months based on some of the first 6 months performance of 2026 and do not include professional management fees or capital improvements such as remodeling of unit expences or some variable expences.

151 Grove Avenue, Dayton

Courtesy of Philip L Herman and RE/MAX Real Estate Specialists

51 Lexington Avenue, Dayton
$49,900
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! Contract assignments, wholesale transactions, and offers contingent upon the sale of another property are not permitted. Offers must be submitted in the name of the actual purchasing party and may not be assigned.

51 Lexington Avenue, Dayton

Courtesy of Mason James and Howard Hanna Real Estate Serv

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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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