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$199,000
4 Beds 2 Baths 967794 MLS
Investment Opportunity - Brick Ranch Duplex Well-maintained brick ranch duplex featuring two units, each offering 2 bedrooms, 1 bathroom, and off-street parking. Both units have had the HVAC systems replaced, providing peace of mind for future owners. Unit B has been recently remodeled and features updated flooring, no carpet, fresh neutral paint, and spacious rooms throughout. Appliances are negotiable. Conveniently located close to downtown Dayton, with easy access to major highway networks and the University of Dayton. This property offers strong appeal for both investors and owner-occupants seeking rental income potential. Features: Brick ranch duplex Two units, each with 2 bedrooms and 1 bath Off-street parking Newer HVAC systems in both units Unit B recently remodeled Updated flooring, no carpet in Unit B Fresh neutral paint Spacious rooms Appliances negotiable Close to downtown Dayton Easy access to major highways Near the University of Dayton Great opportunity to add a solid income-producing property to your portfolio!

1504 Coventry Road, Dayton

Courtesy of Peggy A Rahe and Howard Hanna Real Estate Serv

$179,900
2 Beds 2 Baths 968508 MLS
Excellent investment opportunity near the University of Dayton! This well-maintained, one-story brick duplex offers two one-bedroom units, each approximately 580 square feet. Each unit features a living room, dining room, kitchen, one bedroom, and a convenient utility room with washer and dryer included. All appliances are included for added convenience. Each unit is currently leased at $800 per month, providing established rental income from day one. Tenants are responsible for gas and electric. Tenant parking is available in dedicated spaces behind the unit off the alley, or along the street. Conveniently located near the University of Dayton, Miami Valley Hospital, shopping, dining, and major roadways, this property is an excellent addition to an investment portfolio. Being sold along with the neighboring property 26 - 28 Mello Avenue. Owner is a licensed agent in Ohio.

22 Mello Avenue, Dayton

Courtesy of Maggie Byrne and Local Roots Realty

$179,900
2 Beds 2 Baths 968551 MLS
Excellent investment opportunity near the University of Dayton! This well-maintained, one-story brick duplex offers two one-bedroom units, each approximately 580 square feet. Each unit features a living room, dining room, kitchen, one bedroom, and a convenient utility room with washer and dryer included. All appliances are included for added convenience. Units are currently rented for $750 & $850 per month, providing established rental income from day one. Tenants are responsible for gas and electric. Tenant parking is available in dedicated spaces behind the unit off the alley, or along the street. Conveniently located near the University of Dayton, Miami Valley Hospital, shopping, dining, and major roadways, this property is an excellent addition to an investment portfolio. Being sold along with the neighboring property 22 - 24 Mello Avenue. Owner is a licensed agent in Ohio.

26 Mello Avenue, Dayton

Courtesy of Maggie Byrne and Local Roots Realty

$150,000
12 Beds 10 Baths 968249 MLS
INVESTOR OPPORTUNITY! Large 10-unit multifamily building offering an excellent opportunity for an investor, developer, or owner-operator looking to take on a substantial renovation project. The property features a desirable unit mix of 8 one-bedroom apartments and 2 two-bedroom apartments, providing flexibility for a variety of rental strategies once fully renovated. The building has significant potential but requires a complete rehabilitation, allowing a new owner the opportunity to reimagine the property and create substantial value through improvements. The property sits on a large parcel and includes a dedicated parking lot, providing valuable off-street parking for future residents. A detached garage also offers additional possibilities and could potentially be utilized as a recreational/common area, laundry facility, storage, workshop, or other amenity space. With its size, unit count, parking, and flexible detached garage space, 440 Maryland Ave presents an opportunity to transform an existing multifamily property into a strong income-producing asset. Property is being sold in its current condition. Buyer to conduct their own due diligence regarding zoning, utilities, occupancy requirements, permits, renovation costs, and intended use. Bring your vision and turn this large multifamily property into your next investment.

440 Maryland Avenue, Dayton

Courtesy of Spencer Maxwell and Bridgestream Realty

$214,900
4 Beds 4 Baths 968197 MLS
Property Highlights IMMEDIATE INCOME!!!! Unit Configuration: 4 separate units (3 currently leased, 1 vacant & ready for occupancy) Additional parcels: R72-12702-0058 R82-12702-0059 Ultimate creativity, even the option to build more units! Exterior & Structure: Low-maintenance, classic full-brick construction Major Capital Improvements: Brand-new roof installed HVAC: Dedicated central air conditioning for each individual unit Favorable Utility Split: Separate meters; tenants pay gas and electricity, owner covers water Investment Strategies: Pure Investment: Lease the 4th unit at top market rate to achieve maximum gross yield. House Hacking: Move into the vacant unit and offset living expenses with the existing 3 rental streams.

432 N Gettysburg Avenue, Dayton

Courtesy of Rion Freeman and Red 1 Realty

$189,900
6 Beds 2 Baths 967724 MLS
TURNKEY Cashflowing Duplex. This 2 unit just received a complete renovation on both sides. The left occupied @ $1,200 to a long term resident while the right unit has been left vacant for a house hack, live in opportunity for the other unit to pay the mortgage or for you to choose your own 2nd resident. This thing will be bringing in $2,400 a month once fully occupied! The property received completely new kitchens: Cabinets, countertops, backsplash, & garbage disposal! The bathrooms were completely redone with new bathtubs, surrounds, vanities, & fixtures. Exterior is new with New Vinyl siding, Majority of windows were replaced in 2026, & the roof is less than 5 years old! The property has huge bedrooms boasting almost 1500 sq ft a side with plenty of space to encourage long residency for tenants. The right side has original hardwoods whereas the left has luxury vinyl plank & carpet in the bedrooms. The property is just minutes to the highway & downtown making it a great location for convenience on a nice corner lot!

1303 Huffman Avenue, Dayton

Courtesy of Christopher John and Red 1 Realty

$279,900
6 Beds 3 Baths 966767 MLS
Step into a blend of historic character and strong investment potential with this classic Grand Avenue Tudor. Located in the highly desirable Grafton Hills neighborhood, this spacious 3,290-square-foot duplex pairs timeless architectural details with a highly functional layout, making it a perfect fit for an investor or an owner-occupant looking to live in one side while renting out the other. A generous covered front porch creates an inviting first impression, welcoming you into a space defined by 10-foot ceilings, original hardwood floors, and pristine wood trim. The expansive floor plan is cleanly divided into two distinct living spaces. The 324 side offers three bedrooms and one full bathroom, while the 326 side features three bedrooms and two full bathrooms. Both units benefit from ample storage and utility space, including a dedicated attic and a separated full basement equipped with a washer and dryer. Outside, a detached rear garage and driveway provides convenient off-street parking and additional storage options. You get the best of both worlds here—a quiet, mature neighborhood setting that is only a couple of minutes from downtowns best dining, entertainment and nightlife. Unit 324 is vacant and can be shown. The 326 side is tenant occupied and can be seen once the property is under contract.

324-326 W Grand Avenue, Dayton

Courtesy of Christopher Uphus and Glasshouse Realty Group

$179,900
8 Beds 4 Baths 966695 MLS
Wow - over 8,000 sqft of opportunity awaits for the savvy new owner to optimize this historic 4-unit building to become Daytons new cash flowing king or queen! Current owner has done all of the due diligence of rehab estimates including renderings of the new exterior. Each unit is a 2bed - 1 bath suite with its own exterior entrance. Off street parking plus unfinished basement full of storage, coin op laundry, or other possibilites. Jump into your new project in the Dayton View Historic District surrounded by late Victorian, Tudor and Colonial Revival properties supporting Daytons center. Nothing this size on the market making it a great investment to fix & flip, BRRR or hold - market data reflects market rents conservatively at $1,000/door ($4,000+/mo) with comparables supporting $400k+ ARV.

626 Salem Avenue, Dayton

Courtesy of Kristine Wights and Luma Realty

$60,000
2 Baths 967369 MLS
Bring your vision to this approximately 4,000 sq. ft. commercial property located on a high-traffic section of North Main Street. This property is best suited for an experienced investor, developer, or business owner ready to take on a complete renovation. The building requires extensive rehabilitation and is being sold AS-IS. The interior will require a full gut and rebuild, including significant roof and structural work. The value here is in the location, commercial footprint, visibility, and redevelopment potential. The existing layout includes a front storefront/retail area, additional rear space that could be configured for storage, warehouse, service, or business operations, two restroom areas, a loading dock, and rear parking. With the right renovation and applicable zoning/approvals, the property could potentially accommodate a variety of commercial concepts such as a coffee shop, neighborhood retail store, wireless/phone store, office, service business, specialty shop, or other commercial use.

2212 N Main Street, Dayton

Courtesy of TyYanna M Sharp and Society Realty Company

$245,000
4 Beds 1 Baths 967332 MLS
Introducing an exceptional opportunity for Multifamily investors in the Dayton area. This low maintenance all brick 4,500 SF building comprises of four 1-bedroom, four 1-bath apartment units, and offers a solid investment in a thriving market. Built in 1951 and zoned ER-4, the property features 100% occupancy, ensuring immediate returns for savvy investors. With a strategic location and a track record of full occupancy, this investment promises strong rental demand and consistent cash flow. Don't miss your chance to secure a valuable asset in the dynamic Dayton market. Recent improvements include a new roof installed in 2021, four new heat pumps installed in 2023, new floors, new windows and appliances installed in early 2021 in three units, two new water heaters installed in 2026. Tenants pay for their own heat and electricity. Seller self-manages the property. Two parcels: R72 06310 0076, 0077.

24 Fernwood Avenue, Dayton

Courtesy of Douglas Broomhall and West Fork Realty Group LLC

$145,000
6 Beds 2 Baths 966366 MLS
Welcome to this well-maintained, spacious duplex in Walnut Hills offering an excellent opportunity for investors and owner-occupants alike. Major capital improvements have already been completed, including updated windows, LVP flooring, a newer water heater, and a newer roof. Each unit offers inviting front and back porches, while the property also includes a detached two-car garage for added convenience and value. Unit 1409 is currently leased for $1,100/month, providing immediate rental income, while Unit 1411 is turnkey and ready for a new tenant or an owner-occupant looking to house hack. Whether you're expanding your portfolio or looking for a property that can help offset your living expenses, this duplex offers flexibility and income potential. Don't miss the opportunity!

1409 Wyoming Street, Dayton

Courtesy of Kalyn Lucas and Keller Williams Advisors Rlty

$69,900
6 Beds 2 Baths 967083 MLS
924-926 Grafton Avenue – Investor Opportunity with Historic Character! Opportunity knocks at this classic duplex offering plenty of original character and even more potential. Featuring two separate units, original hardwood flooring, natural wood trim, multiple fireplaces, spacious living areas, and traditional layouts, this property has the bones to become a standout addition to an investor’s portfolio. The exterior offers inviting front porches, mature trees, and a detached garage with additional off-street parking and yard space. The original hardwood floors, woodwork, arched doorways, brick fireplaces, and oversized windows provide character that is increasingly difficult to replicate. Bring your contractor, your vision, and perhaps a healthy appreciation for projects with personality. Whether you're looking to renovate and hold, improve for rental income, or create value through a strategic rehab, 924-926 Grafton offers plenty of possibilities. Property is being sold AS-IS. Buyer to conduct their own due diligence regarding condition, utilities, zoning, rental requirements, and intended use. Schedule your private tour today!

924-926 Grafton Avenue, Dayton

Courtesy of Mason James and Howard Hanna Real Estate Serv

$564,000
13 Beds 5 Baths 966861 MLS
Nothing like it on the market this year! Unique single-parcel portfolio at 130 Burgess featuring 5 total doors and a bonus private laundromat building. The property includes 3 completely renovated, top-to-bottom single-family homes—2 currently occupied and generating immediate cash flow, with the 3rd in the process of signing a lease ($3,670 cash flow day 1). Additional income lies in the newly rezoned duplex ranch (3 bed/1 bath each side), which is ready for its last-mile finishing touches and comes with city-approved blueprints for instant value-add equity (market $1400+/door mo rent). The standalone laundromat structure is already plumbed and roughed-in for appliances, ready to move right in as a top-tier tenant amenity and addtl income. Major capital improvements across the property include new roofs on all structures, new custom windows, LVP flooring throughout, updated electrical and plumbing, fresh fixtures, and a newly re-sealed parking lot. Situated within a quiet township neighorhood, this thoughtfully planned and city-approved, turnkey investment is set up for a seamless handoff to the next cash flow king or queen! ARV $600k+ plus 12+% cap rate. Professionally managed property.

130 Burgess Avenue, Dayton

Courtesy of Kristine Wights and Luma Realty

$185,900
6 Beds 2 Baths 966355 MLS
Great investment opportunity with this fully rented duplex, featuring two 3-bedroom, 1-bath units with recent updates and improvements. Unit 14 features siding replaced in 2024, along with updated vinyl plank flooring, kitchen and countertops, bathroom, and fresh paint throughout. Unit 16 has been updated with new kitchen cabinets and countertops, an updated bathroom with shower insert, tile, and cabinets, plus new flooring and fresh paint throughout. Tenants are responsible for all utilities, while the owner pays for lawn care. Both units are currently rented, with Section 8 covering 100% of the rent. One lease runs through August 2027, while the other is month-to-month. A solid addition to any investment portfolio!

14-16 Willowwood Drive, Dayton

Courtesy of Kara Ray and Keller Williams Community Part

$229,900
4 Beds 4 Baths 966989 MLS
Well-maintained, fully occupied, cash flowing brick 4-unit building! Over the last few years, property has been completely renovated with new kitchens, new appliances new bathrooms, new flooring, wall HVAC units, all fixtures, etc. Rents are as follows: A - Renewed 10/1/2026-9/30/2027 for $725 (current rent $705) ; B - Renewed 11/1/2026-10/31/2027 for $725 (current rent $700); C - Rented through 11/30/2026 for $755 ($705 + $50 pet rent); D - Renewed 10/1/2026-9/30/2027 for $725 (current rent $675).Tenant expenses are electric, while Owner/Landlord expenses are water/sewer/trash and lawncare/snow removal. Rent roll attached, as well as most recent years maintenance records/expenses.

636 Hillrose Avenue, Dayton

Courtesy of Jessica Bogenschutz and BHHS Professional Realty

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®