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$475,000
12 Beds 7 Baths 956309 MLS
Seize this exceptional opportunity to acquire a strategically located 7-unit multifamily property featuring 12 bedrooms and 7 full bathrooms, masterfully configured for maximum income efficiency through smart, versatile layouts that consistently attract dependable tenants—from workforce renters and professionals to families seeking Dayton's unbeatable affordability and job stability. Fully remodeled and move-in ready, every unit has been thoughtfully updated to modern standards, delivering immediate appeal and minimizing future capex for the new owner. This turnkey gem is primed for long-term, reliable cash flow in one of Ohio's most resilient and investor-friendly rental markets. Positioned in a high-demand Dayton neighborhood with easy access to highways, downtown amenities, parks, and key employment hubs, this durable, low-maintenance building features separate utilities, on-site laundry, off-street parking, and separate entrances—ensuring smooth operations and high tenant retention. Ideal for savvy investors pursuing 1031 exchanges, portfolio diversification, or hands-on ownership in a market that rewards established, renovated properties amid moderating new supply and sustained fundamentals. Properties like this—fully updated, cash-flow positive, and strategically located—move quickly in Dayton's competitive investment landscape. All leases, income statements and rent roll can be provided as requested from the listing agent.

445 Hunter Avenue, Dayton

Courtesy of Adong Ni and Keller Williams Community Part

$399,900
4 Beds 4 Baths 955404 MLS
Stabilized brick asset in the heart of Kettering featuring a massive "rent gap", while currently yielding steady income with long term tenants. This property is primed for a "market to market" strategy that can increase gross revenue by 40% with minor cosmetic updates. Invest in a recession - proof US Military - corridor market, Wright-Patterson Air Force Base. Why WILLAMET ROAD? Location stability: 15 minutes to Wright-Patterson AFB, (huge tenant pool). Convenience: Less than 2 miles to the Greene Shopping & dining. High demand area: Zip Code 45429 is one of the most supply-constrained rental pockets in the Dayton MSA. Multiple improvements: Upgraded carport drainage (in 2024 a new drainage system preventing water from pooling and freezing totally mitigating fall hazards) and added motion sensor lights improving nighttime visibility and safety. New household appliances: two units with new water heaters, two AC wall units, one with new range, two units have new microwaves, one new furnace, one has building owner washer /dryer and partially furnished. New gutters; high quality (Monolithic gutters in 2025). General repair: new toilet, bathtub plumbing replaced, 2 kitchen faucets replaced, front steps concrete landing installed in 2024, rebuilt handrails for safety, fluorescent lighting installed, furnaces cleaned and serviced annually, lawn cared for annually. Units 1554 and 1560 each have a Radon System installed. In general, the property has been well maintained throughout the years. Long term tenants take great care of their units, and all would like to stay.

1554-56-58-60 Willamet Road, Kettering

Courtesy of M. Larry Lemonds and RE/MAX Victory + Affiliates

$249,000
4 Beds 3 Baths 955243 MLS
Rare mixed-use investment opportunity on Wayne Avenue! This 3,384 sq ft property is zoned for residential or commercial use and offers an ideal setup for investors, entrepreneurs, or owner-occupants seeking flexibility and income potential. The building includes 2 units, one of which is a charming, fully updated studio apartment with a private entrance and its own patio. The larger unit provides a highly functional and flexible layout, including a Wayne Avenue-facing room that can serve as a storefront, office, or possible 3rd bedroom. Additional features include a first-floor full bath and laundry, two upstairs bedrooms, and two living spaces. Whether used for long-term rental income, a live/work concept, or a combination of residential and commercial occupancy, this property offers exceptional versatility and upside.

1220-1222 Wayne Avenue, Dayton

Courtesy of Brian Sharp and BHHS Professional Realty

$525,000
11 Beds 9 Baths 954158 MLS
Introducing an exceptional investment opportunity in Dayton, Ohio! This 8,288 SF multifamily property, nestled on Lakeview Ave, features a meticulously maintained 9-unit building erected in 1959. With a high occupancy rate, this property offers seven 1-bedroom, 1 bath apartments and two 2-bedroom, 1 bath apartments, with six of those units recently renovated. Tenants will appreciate the convenience of washer & dryer hookups and off-street parking. Tenants are responsible for heat and electricity. There are 65% new furnaces/water heaters Don’t miss out on this turnkey, income-generating asset! Parcel Legal Description 29533. Also, there is pre-arranged bank financing from Richwood Bank that may be available to you. Please call agent for details.

2525 Lakeview Avenue, Dayton

Courtesy of Douglas Broomhall and West Fork Realty Group LLC

$178,900
4 Beds 2 Baths 950350 MLS
Excellent investment opportunity! This solid brick duplex offers strong rental history and upside potential. Each unit features 2 spacious bedrooms and 1 full bath, with identical layouts that include a living room, eat-in kitchen, and full basement. Hardwood floors highlight the living rooms and bedrooms, and vinyl replacement windows are installed throughout. Both units have separate driveways and one-car garages, along with covered breezeways providing convenient outdoor space. A fenced backyard adds additional functionality. Whether you’re looking to expand your portfolio or house-hack, this duplex presents a strong opportunity with immediate income and long-term value.

209 - 211 E Sunrise Avenue, Trotwood

Courtesy of DeAngelo Siler and Howard Hanna Real Estate Serv

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®