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$279,000
8 Beds 4 Baths 964218 MLS
Discover an exceptional opportunity in Dayton, where a multi-family dwelling awaits, offering remarkable versatility and investment potential. This distinguished property features a desirable two-story layout, perfect for multi-generational living or a robust rental income stream, nestled within a vibrant community. The residence spans a generous 4590 square feet of living space, providing ample room for comfortable living across its multiple units. Each unit is thoughtfully appointed, featuring two bedrooms and one bathroom, ensuring privacy and convenience for all occupants. Currently, three units are leased at $1000 per month, highlighting immediate income potential. The exterior boasts access to cable TV, adding a modern convenience to the home. Situated on a substantial 0.14-acre lot, equivalent to 6210 square feet, the property offers considerable outdoor space for various activities. This includes essential kitchen appliances, such as a refrigerator, enhancing the immediate livability of the units. Ideal for those seeking a prime multi-family investment in a dynamic urban setting. The property’s location further enhances its appeal, placing residents within easy reach of local amenities and community highlights.

416 E Bruce Avenue, Dayton

Courtesy of Kimberly Washington and RE/MAX Alliance Realty

$155,000
6 Beds 2 Baths 963806 MLS
This duplex offers 2, 1326 units each featuring 3 bedrooms, living room, eat in kitchen, and a split basement so each side has their own storage area. Each unit has a range and refrigerator that belong to the unit. Tenants have each been in place for at least a full year and are on track for next year at greater than 1% of the sales price. Seller had a solar roof installed on this property to defray energy bills well into the future. The cost of $300 per month will be passed along to the new buyer. An invoice for the solar is attached in supplements. Seller is looking into paying off solar roof separate from the sale. If you have no interest in taking on the remainder of the roof then the price of the property is $165,000.00. Please submit offer contingent upon viewing units within 48 hours.

405 E Gunckel Street, Dayton

Courtesy of Debra J White and Flourish Real Estate

$155,000
6 Beds 2 Baths 963697 MLS
This 2324 sq ft duplex is spacious with all 6 bedrooms on the second floor near the baths. The first floor features a beautifully tiled faux fireplace in the living room, a dining room and a spacious kitchen with all of the appliances. A small room off the kitchen makes a lovely little panty. Luxury vinyl plank flooring was installed in 2025. New windows and solar roof were installed in 2025. and An extra room off the kitchen can be used for more storage. The bedrooms and bathroom are on the second floor and the basement is great for storage along with a laundry area with washer/dryer hookups. The seller is still paying $300 per month for the solar roof and will transfer that payment to the new buyer. The electrical bills are offset by the new roof. An invoice is loaded into supplements. If buyer is not interested in taking on this payment then the price is $165,000.00. Both sides are currently leased at $850 per month. Please submit offer contingent upon viewing the property within 48 hours.

900 Bowen Street, Dayton

Courtesy of Debra J White and Flourish Real Estate

$252,900
7 Beds 3 Baths 963111 MLS
Rare owner-occupant or investor opportunity at 611-613 Delaware Ave — a beautifully maintained brick duplex on a quiet Dayton street. Fenced backyard with a brick patio, separate garages, walk-up attics, and basements with washer/dryer hookups for each unit. Recent updates include a 2019 roof and 2025 water heater. Each unit has its own central AC. Built in shelving throughout both units! Unit 613 (4 bed / 1.5 bath) was fully remodeled with a new kitchen, new appliances, and new flooring throughout. It's being left vacant — ideal for an owner-occupant looking to dramatically cut their mortgage, or an investor targeting top market rent (comparable units listed at $1,400+). Unit 611 (3 bed / 1 full bath) is occupied by a long-term, month-to-month tenant paying $900/month — below the $1,200+ market rate for comparable units, offering built-in upside. Tenants pay all utilities. This meticulously cared-for property won't last — schedule your showing today. Back on the market due to previous buyers financing being denied (personal reasons)

611-613 Delaware Avenue, Dayton

Courtesy of Tyler Everidge and eXp Realty

$159,900
6 Beds 4 Baths 963135 MLS
Incredible Investment Opportunity with Immediate Income Potential! Whether you're looking to grow your investment portfolio or house hack your way into homeownership, this duplex checks all the boxes! Each unit was previously rented for $1,175 per month, offering excellent income potential and the opportunity to exceed the sought-after 1% rule. One 1707 side brand new furnace installed around 12/2025 Both units have been recently turned and are move-in ready, making it easy for the next owner to place tenants quickly or live in one unit while the other helps offset your mortgage. To make the transition even easier, professional property management is already in place and can continue if desired, creating a truly turnkey investment opportunity. Don't miss your chance to own a cash-flowing duplex with instant equity, strong rental history, and multiple investment strategies. Schedule your private showing today!

1705 W 5th, Dayton

Courtesy of Kathryn Roberts and TMG Realty

$399,000
8 Beds 2 Baths 962749 MLS
Exceptional cash-flow opportunity! This updated 8-bedroom, 2-bath duplex offers strong income potential, with each unit currently leased. The property has been thoughtfully updated and features granite countertops, a modern in-wall electric fireplace, updated finishes, and spacious common areas that appeal to tenants. All tenants are currently on month-to-month leases, providing the next owner with maximum flexibility to continue the current rental model, adjust rents, or implement their own investment strategy. Whether you're looking to expand your portfolio with a high-performing rental or capitalize on a proven cash-flowing asset, this property offers immediate income potential with room for future optimization. Conveniently located near downtown Dayton, universities, hospitals, and major employers, this is an outstanding opportunity for both seasoned and first-time investors!

2265 E 5th Street, Dayton

Courtesy of Tayton Pepper and Bella Realty Group

$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

$585,000
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

$627,000
8 Beds 4 Baths 959966 MLS
Turnkey investment opportunity featuring a fully occupied four-unit multifamily property generating immediate cash flow. Each unit offers a desirable 2-bedroom, 1-bathroom floor plan, appealing to a broad tenant base and supporting strong occupancy. The property is professionally managed, allowing for a seamless transition and hands-off ownership experience. This well-maintained brick building includes spacious units, ample parking, a two-car garage, and additional basement storage. The roof is approx. 5 years old. The property is conveniently located near major highways, shopping, dining, schools, and employment centers, the property benefits from consistent rental demand and long-term investment potential. With all units occupied, professional management in place, and a proven income history, 210 N Cherrywood Ave presents an excellent opportunity to acquire a stable, income-producing asset in the Dayton market.

210 N Cherrywood, Dayton

Courtesy of Thomas Miller and Irongate Inc.

$625,000
10 Beds 6 Baths 958780 MLS
You will not believe the potential in this property! Welcome to 364 Xenia Ave. This property has gross monthly income averaging $10,300 a month. 10 units total In this property. This consists of five small studio/one bedroom units and five private rooms that share a kitchen and bathroom for midterm rentals. Owner pays utilities. Current owner has completed many capital expense improvements here such as major electrical work, sewer line, two main stacks and significant amount amounts of Plumbing. The income potential here is staggering. A very unique set up with high reward. Inquire today about this great investment property! It would make a wonderful addition to your Portfolio. Do not disturb tenants.

364 Xenia Avenue, Dayton

Courtesy of Rachel Gannon and Local Roots Realty

$699,000
19 Beds 9 Baths 959481 MLS
Discover a unique investment opportunity featuring both an 8-unit multifamily building and a separate 3-bedroom single-family home, all being operated under a stable long-term program lease in Dayton, Ohio. The property includes: An 8-unit apartment building consisting entirely of 2-bedroom units A separate 3-bedroom single-family home Total annual gross income of approximately $82,800 What makes this investment especially attractive is the operational structure already in place. The property is leased to a program operator under a 3-year net lease, creating a simplified and highly predictable ownership experience. Key investment highlights include: No tenant turnover management Program pays all utilities Lawn care handled by the program General day-to-day maintenance handled by the program Reduced management burden for ownership Owner primarily responsible only for major capital or structural repairs This setup significantly minimizes the normal operational demands often associated with multifamily ownership while still providing strong and consistent cash flow. The property offers approximately 5,440 square feet of living space across the multifamily building, with a total of 19 bedrooms and 9 full bathrooms throughout the combined properties. Situated on a 0.21-acre lot, the property is located in a strong rental corridor with convenient access to employment centers, transportation routes, and local amenities. With stable income, long-term lease security, and reduced operating responsibilities, this property presents an excellent opportunity for investors seeking dependable cash flow and long-term portfolio growth. Showings will be provided to accepted offers only.

1723-1731 McArthur Avenue Unit 8, Dayton

Courtesy of Casey McGowan and One Tree Realty & Property Mgm

$375,000
8 Beds 8 Baths 959354 MLS
High-Upside 8 - Unit Multi-Family Investment Opportunity. This property consists of six studio units and two one-bedroom units offering strong upside potential for investors seeking to expand their portfolio or increase cash flow through lease-up opportunities. Three studio units and one 1-bedroom unit are currently vacant with the current owner actively rehabbing two of the units for lease-up. Positioned in a proven rental market, this property presents an excellent opportunity to secure a high performing asset with future growth potential. Tenants are responsible for their own electric, while the owner covers water, trash, and gas. A monthly utility fee is collected from tenants to offset these expenses. Financials based on Pro-forma at full occupancy, not actual.

2005 Wayne Avenue, Dayton

Courtesy of Jackie Powers and Agora's Maxxed Out Realty

$148,000
6 Beds 2 Baths 959021 MLS
Discover an investment opportunity in Dayton with this updated, fully occupied duplex, perfectly positioned to offer both immediate income and future growth potential. Each side of this multi-family dwelling features three comfortable bedrooms and a full bathroom, providing ample living space across its two stories. Tenants have established long-term residency, with one side generating $800.00 monthly and the other $900.00 monthly, including the valuable addition of a two-car garage. Both units are currently on month-to-month leases, presenting an excellent opportunity for rental income adjustments and increased profitability in the future. Situated on a generous 0.13-acre lot, this property encompasses 1956 square feet of living area. This property is an outstanding prospect for investors seeking a stable asset with the flexibility to optimize returns.

1863-1865 Emerson Avenue, Dayton

Courtesy of Rebecca Mershad and Flourish Real Estate

$435,000
10 Beds 4 Baths 958676 MLS
Are you looking for passive income that makes sense? This property is ready to go with lots of opportunity. This duplex home has been transformed into an 8-bed boarding house with two additional studio apartments. Each side of the home serves as a four-bedroom boarding house with a studio apartment in the rear of each. A total of 10 rentable units!! The studio apartments rent for $800 and $850 and the eight rooms at the boarding house each rent for $600. Property historically keeps long-term renters. Detached garage can also be rented offering additional income potential. Close to Miami Valley Hospital and the University of Dayton. The possibilities are endless. Updated HVAC, windows and paint. Owner pays utilities.

324 & 328 Warren Street Unit 324, Dayton

Courtesy of Amanda Early and Muncy & Associates

$1,479,900
34 Beds 24 Baths 958225 MLS
Discover an exceptional investment opportunity in the heart of Dayton with this impressive 24-unit multifamily property featuring both 410 & 420 Cherrywood Ave. Tucked away in a private, well-maintained setting, these two buildings surround a beautifully kept shared courtyard and spacious parking area, creating an attractive environment for tenants and owners alike. Residents enjoy desirable amenities including on-site laundry, added security features, and convenient access to major highways, shopping, dining, and downtown Dayton. With strong rental appeal and income potential from day one, this turnkey property is an outstanding opportunity for investors looking to expand their portfolio with a stable, income-producing asset.

410 N Cherrywood Avenue, Dayton

Courtesy of Craig D Kellogg and Agora Realty Group

$264,900
8 Beds 4 Baths 957467 MLS
Turnkey 4-unit investment opportunity offering strong cash flow potential and stable rental demand. This well-maintained multifamily property features four units, each offering 2 bedrooms and 1 full bath. Baseboard heat throughout each unit and owner-supplied appliances add convenience for tenants. Current rents average $800 per unit. Basement includes a washer/dryer hookup perfectly suited for a coin-operated laundry setup, offering an additional revenue stream. Ideal for investors seeking to expand their portfolio with a low-maintenance asset, or owner-occupants looking to offset living expenses with rental income. Great opportunity to own a solid income-producing property with multiple ways to increase returns.

152 Santa Clara Avenue, Dayton

Courtesy of Craig D Kellogg and Agora Realty Group

$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

$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

$760,000
6 Beds 3 Baths 939748 MLS
Luxury, Space, and Versatility on 1.4 Acres Near Downtown Dayton! Step into nearly 6,700 sq ft of stunning, fully renovated living space in one of Harrison Township’s most distinctive properties. This 6-bedroom, 3-bath custom home has been thoughtfully redesigned from top to bottom with upscale finishes and flexible living options ideal for multigenerational living, a luxury home office setup, or operating a business from home. The main level boasts three oversized bedrooms, a beautifully appointed full bath, and a chef-worthy kitchen featuring high-end cabinetry, premium fixtures, and designer touches. The lower level offers a warm and inviting rec room with full bar and wood-burning stove, plus generous storage and walk-out access to four garages perfect for hobbyists, contractors, or car enthusiasts. Upstairs, discover a massive family room, three additional bedrooms, and a Florida room that leads to a private rooftop terrace with stair access to the main level, an ideal retreat for entertaining or relaxing. Luxury upgrades include but not limited to: slate, stone, porcelain and tile finishes, new windows, flooring, fixtures, and lighting. All-new siding, painted brick, covered front porch, new block windows, doors and updated electrical panels. Main-level laundry, flexible bonus rooms, and a fully fenced, gated property for privacy and security. This estate offers the perfect blend of elegance, function, and opportunity just minutes from downtown Dayton. Rarely does a property with this level of space, quality, and versatility come to market. A truly exceptional find!

15 Wampler Avenue, Dayton

Courtesy of Chelsea Saunders and eXp Realty

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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®