Refine Search
Sort by
1309-1317 Salem Avenue, Dayton
$499,900
16 Beds ⋅ 8 Baths ⋅ 972418 MLS
Tremendous investment opportunity awaits the new owner. Two buildings (two stories each) - each building has four two bedroom/one bathroom units for a total of eight units between the two. Seven of the eight units are vacant which allows the new owner the opportunity to vet your own prospective tenants. It offers strong rental demand given its proximity to major roadways, employment centers, shopping, and public transportation. Ideal for investors looking to add cash flowing multifamily assets to their portfolio or execute a value added strategy through renovations and rent optimization. With multiple income streams and a proven multifamily layout, this property is well suited for both seasoned investors or those looking to expand into larger residential holdings. Don't let this opportunity pass you by and schedule a tour today!!!

1309-1317 Salem Avenue, Dayton

Courtesy of M. Isabella Hart and Bella Realty Group

413 Briarwood Avenue, Dayton
$435,000
12 Beds ⋅ 6 Baths ⋅ 971949 MLS
Excellent investment opportunity in Dayton! This six-unit multifamily property features six spacious two-bedroom, one-bathroom apartments, offering an attractive unit mix and strong potential for long-term rental income and portfolio growth. The property has demonstrated positive financial performance, generating $42,383 in operating income and $22,738 in net operating income (NOI) from January through October 2026. Additional revenue streams include pet rent, laundry income, and utility reimbursements, providing opportunities for diversified income beyond base rents. Currently, four of the six units are occupied, generating $2,823 in monthly scheduled rental income, with two vacant units (due to recent move outs) presenting an immediate opportunity to increase occupancy and cash flow. Investors have the potential to enhance returns through leasing the remaining units, evaluating rental rates, and maximizing operational efficiencies. High efficiency boiler replaced in 2025 for hot water and heat service to the building.

413 Briarwood Avenue, Dayton

Courtesy of Mellissa Andre and Bridgestream Realty

1310 Glendale Avenue, Dayton
$510,000
18 Beds ⋅ 6 Baths ⋅ 971133 MLS
Property Description Turn-key 6-unit brick apartment building located in Dayton’s Southern Dayton View/University Row neighborhood. Built in 1920 and offering 7,884± SF, the property consists of six spacious 3-bed/1-bath flats (~1,250± SF each) spread across three stories. Recent updates include newer windows, fresh paint, updated flooring, and refreshed kitchens/baths in several units. The building is all-electric with baseboard heat; tenants pay their own electric plus a monthly water/trash fee, while the owner covers only common-area electric. Additional features include an unpaved rear parking lot with ample on-street parking. The property benefits from strong rental demand for large 3-bedroom units in the area and is conveniently located near major corridors, shopping, and everyday amenities. Parcel ID: R72-07807-0004

1310 Glendale Avenue, Dayton

Courtesy of Casey McGowan and One Tree Realty & Property Mgm

3015 Idylwilde Boulevard, Dayton
$399,900
8 Beds ⋅ 8 Baths ⋅ 970951 MLS
Just Listed! An excellent opportunity to add to your investment portfolio or begin your journey as a multifamily investor. This well-positioned property features 8 one-bedroom, one-bath units, each offering comfortable living space, natural light, updates, and generous closet storage. Each unit is equipped with central air, providing an added amenity that is especially appealing to today’s tenants. Situated on a private lot along a serene, tree-lined street, the property offers an ample amount of parking and a low-maintenance setting that tenants will appreciate. This property offers the potential for immediate rental income and the opportunity to collect rent from eight doors. Conveniently located near major highways, shopping, dining, schools, and everyday amenities, this property offers easy access to everything. Whether you're purchasing your first multifamily property or looking to expand an established portfolio, this could be the opportunity you've been waiting for. Schedule your showing today and explore the possibilities!

3015 Idylwilde Boulevard, Dayton

Courtesy of Pamela Masten and RE/MAX Alliance Realty

3029 Idylwilde Boulevard, Dayton
$399,900
8 Beds ⋅ 8 Baths ⋅ 971066 MLS
Just Listed! An excellent opportunity to add to your investment portfolio or begin your journey as a multifamily investor. This well-positioned property features 8 one-bedroom, one-bath units, each offering comfortable living space, natural light, updates, and generous closet storage. Each unit is equipped with central air, providing an added amenity that is especially appealing to today’s tenants. Situated on a private lot along a serene, tree-lined street, the property offers an ample amount of parking and a low-maintenance setting that tenants will appreciate. This property offers the potential for immediate rental income and the opportunity to collect rent from eight doors. Conveniently located near major highways, shopping, dining, schools, and everyday amenities, this property offers easy access to everything. Whether you're purchasing your first multifamily property or looking to expand an established portfolio, this could be the opportunity you've been waiting for. Schedule your showing today and explore the possibilities!

3029 Idylwilde Boulevard, Dayton

Courtesy of Pamela Masten and RE/MAX Alliance Realty

3001 Idylwilde Boulevard, Dayton
$399,900
8 Beds ⋅ 8 Baths ⋅ 970859 MLS
Just Listed! An excellent opportunity to add to your investment portfolio or begin your journey as a multifamily investor. This well-positioned property features 8 one-bedroom, one-bath units, each offering comfortable living space, natural light, updates, and generous closet storage. Each unit is equipped with central air, providing an added amenity that is especially appealing to today’s tenants. Situated on a private lot along a serene, tree-lined street, the property offers an ample amount of parking and a low-maintenance setting that tenants will appreciate. This property offers the potential for immediate rental income and the opportunity to collect rent from eight doors. Conveniently located near major highways, shopping, dining, schools, and everyday amenities, this property offers easy access to everything. Whether you're purchasing your first multifamily property or looking to expand an established portfolio, this could be the opportunity you've been waiting for. Schedule your showing today and explore the possibilities!

3001 Idylwilde Boulevard, Dayton

Courtesy of Pamela Masten and RE/MAX Alliance Realty

200 Central Avenue, Dayton
$1,700,000
42 Beds ⋅ 42 Baths ⋅ 970173 MLS
Central Superior presents a compelling 42-unit multifamily investment opportunity in Dayton’s Grafton Hill neighborhood. The property includes 31 studios and 11 one-bedroom units averaging 416 SF, with on-site laundry, a 12+ vehicle garage, and individually metered electric. Since 2021, ownership has completed significant capital improvements, including both roofs, replacement windows, most electrical panels, plumbing stacks, hallway flooring, and a renovated laundry room, with approximately 85% of units renovated. In-place rents average $636 for studios and $750 for one-bedrooms, with additional upside through rent growth, garage parking, and a potential bulk cable/internet program. Located approximately one mile from Kettering Health Dayton and within three miles of major area institutions and employment centers.

200 Central Avenue, Dayton

Courtesy of Max Wechter and Outside The Box Real Estate

455 Forest Avenue, Dayton
$750,000
21 Beds ⋅ 11 Baths ⋅ 969236 MLS
11-unit multifamily investment opportunity with strong in-place income and additional revenue potential. The property consists of ten 2-bedroom, 1-bath units plus one efficiency/studio unit, with rents currently ranging from $550 to $844 per month. Two units also feature private enclosed porches. Tenants pay their own gas and electricity, helping limit owner-paid utility expenses. The property includes a private rear parking lot, four garage bays that could provide additional rental income, and separate management/office space in the basement. There is additional income potential through leasing the garage bays, optimizing below-market rents as units turn over, and making use of the basement office/management space where appropriate. Prime Dayton location near Grandview Hospital and downtown, with convenient access to public transportation and major interstates. An attractive opportunity for an investor seeking an established income-producing 11-unit property with multiple avenues for future revenue growth.

455 Forest Avenue, Dayton

Courtesy of Douglas Broomhall and West Fork Realty Group LLC

3217 Wilmington Pike, Dayton
$1,590,000
24 Beds ⋅ 24 Baths ⋅ 969089 MLS
Turnkey Multi-Family Investment Opportunity in Kettering! The Flats at Wilmington Pike features 24 fully renovated studio apartments boasting 100% occupancy and strong operational upside with market rent growth. Situated on a 0.99-acre lot with 27 off-street parking spaces, this asset has undergone extensive capital improvements since 2023. Upgrades include a new roof, asphalt, double-pane vinyl windows, individual mini-split HVAC units, electric water heaters, and updated electrical panels. Every unit was renovated and features LVP flooring, modern white cabinetry, black appliances, faux granite countertops, updated light fixtures, and updated full baths including tub surrounds. Features on-site laundry facility. Conveniently located in Kettering with direct access to major retail corridors.

3217 Wilmington Pike, Dayton

Courtesy of Eric Mielke and Outside The Box Real Estate

2039 Emerson Avenue, Dayton
$485,000
8 Beds ⋅ 8 Baths ⋅ 966536 MLS
Welcome to 2039 Emerson Avenue, an excellent multifamily investment opportunity featuring 8 total units, with each unit offering 1 bedroom and 1 bathroom. This property is a great option for an investor looking to expand their portfolio while adding a solid income-producing property to their investments. Currently, 6 of the 8 units are occupied, with 2 units currently vacant, offering a new owner the opportunity to lease those units and potentially increase the property's overall rental income. With multiple units, existing occupancy, and additional upside, this property is worth a closer look for investors seeking their next opportunity. Reach out today to schedule a private tour and see the potential this property has to offer!

2039 Emerson Avenue, Dayton

Courtesy of Tami Holmes and Tami Holmes Realty

3394 Lodge Avenue Unit 3384, Dayton
$389,900
6 Beds ⋅ 6 Baths ⋅ 965341 MLS
Excellent investment opportunity, cash flowing multifamily 6-unit, 1 bed/1 bath property on a slab. Now FULLY rented with all long term tenants bringing in $5231/month. Tenants pay electric/gas and owner pays water/trash. All units are fully furnished and all have long term leases. All units have beds, TVs, appliances, couches and tables included. Units have previous been used for Airbnb's, short-term and mid-term rentals bringing in higher rents. All units have radiant heat and window units making maintenance easy. Unit 3392 was recently updated with new flooring, paint and drywall. Unit 3390 has new drywall. Roof and electrical updated in 2016. 2024 updates included plumbing, 4 new a/c units, all furnishings in all units, a new stove and unit 3388 has new paint. Close to downtown Dayton and right off I-75 highway providing access to several restaurants and shopping. 24 hr notice for showings, fully occupied.

3394 Lodge Avenue Unit 3384, Dayton

Courtesy of Jill Jackson and Keller Williams Advisors Rlty

221 Central Avenue, Dayton
$109,995
7 Beds ⋅ 6 Baths ⋅ 964776 MLS
The Michael Neil House, c. 1898. A brick Queen Anne in the Grafton Hill Historic District, individually listed on the National Register since 1982 and named repeatedly to Preservation Dayton’s Most Endangered list. 5,750 sq ft, 7 bedrooms, 6 baths, nearly a half acre, minutes from downtown, the Dayton Art Institute and the Masonic Center. Built for Michael Neil, who platted the Wolf Creek area and helped bring natural gas to the city, and sold in 1903 to Charles Seybold of the Seybold Machine Co. The firm he founded later became Harris-Seybold-Potter, whose Dayton works built the top-secret BEA/K-1 bombsight computer during WWII. Inside: seven original mantels still in place, ornamental plaster friezes, pocket doors, bay windows, and a full third floor under the rafters. The ceilings were opened to the joists deliberately, so mechanicals can be run from below without disturbing the walls. New roof and water service line 2022; new electrical and gas service 2023; structural repairs complete. Sold as-is and not yet habitable: permits and a special inspection are required before the house is released for occupancy, and known floor openings and two loose stair treads are itemized in the property disclosure. Dayton may abate the renovation-driven tax increase up to 15 years; confirm with the City. Owner financing available to a qualified owner-occupant; terms on request. Broker-owned.

221 Central Avenue, Dayton

Courtesy of Ryan Ingram and Proper Management LLC

4822 Philadelphia Drive, Dayton
$1,290,000
18 Beds ⋅ 18 Baths ⋅ 962753 MLS
Discover an exceptional investment opportunity in this meticulously maintained 18-unit multi-family property, offering a serene living experience within a peaceful, wooded setting. Each residence boasts a private entrance, fostering a heightened sense of comfort and exclusivity for all occupants. The attractive exterior, characterized by charming pitched shingle roofs and mature landscaping, presents outstanding curb appeal, creating a welcoming residential atmosphere. This property has been diligently cared for, featuring a newer roof that underscores its enduring quality and appeal. With 18 bedrooms and 18 full bathrooms spread across a generous 9,216 square feet of living space, this single-story complex provides ample room for residents. Situated on an expansive 1.3-acre lot, there is abundant outdoor space to enjoy the tranquil surroundings. This property stands as a desirable acquisition in a vibrant neighborhood, offering both immediate returns and long-term value.

4822 Philadelphia Drive, Dayton

Courtesy of John Harrison and Endurance Realty & Investments

423 Briarwood Avenue, Dayton
$575,000
10 Beds ⋅ 10 Baths ⋅ 961387 MLS
Solid brick 10-unit building in the heart of Dayton. A prime opportunity for investors looking to grow or scale their portfolio in the Gem City. This property is ready for a new owner to reposition and unlock its full potential. The current ownership has already taken care of two major capital improvements: the roof was replaced just 4 years ago, and the entire sewer line was professionally replaced all the way out to the street in 2025. With strong bones and critical updates completed, this asset is positioned for the next investor to bring vision, value, and maximize returns. Dayton’s multifamily market continues to thrive, and opportunities like this don’t come around often. Don’t miss your chance to own a proven income-producing property in one of the Midwest’s strongest cash-flow markets. Schedule your showing today and see why this 10-unit is the definition of multifamily investment potential.

423 Briarwood Avenue, Dayton

Courtesy of Jackie Powers and Agora's Maxxed Out Realty

445 Hunter Avenue, Dayton
$465,000
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

2525 Lakeview Avenue, Dayton
$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

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®

How much is your home worth?

Get instant property value now!