Luma Realty Search Results

This turn key 5 unit consist of a 4 unit with an attached ranch style apartment. Each unit is a 2 bedroom, 1 bath unit and has been uptated and move in condition. This building offers a rare combination of dependable cash floor, low management intensity and tenant stability. Fully leased (3 year lease) to a responsible tenant that pays all utilities and manages common day to day maintenance items. Built in renewal clause ensuring income growth after initial term ends in 2028. Annual gross income is $60,000.00. Totally updated, many capital improvements made. Operating expenses are minimal, long-term viability and strong market demand. 1000 square foot paved parking plus street parking

10 Beds ⋅ 5 Baths ⋅ 970382 MLS

This turn key 5 unit consist of a 4 unit with an attached ranch style apartment. Each unit is a 2 bedroom, 1 bath unit and has been uptated and move in condition. This building offers a rare combination of dependable cash floor, low management intensity and tenant stability. Fully leased (3 year lease) to a responsible tenant that pays all utilities and manages common day to day maintenance items. Built in renewal clause ensuring income growth after initial term ends in 2028. Annual gross income is $60,000.00. Totally updated, many capital improvements made. Operating expenses are minimal, long-term viability and strong market demand. 1000 square foot paved parking plus street parking

2803 Lansing Drive, Dayton

Courtesy of Susan J Piersall-Hanes and BHHS Professional Realty

$750,000

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.

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

$125,000

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.

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

$385,000

Excellent investment opportunity in the desirable South Park neighborhood! This well-maintained, all-brick ranch-style property features five one-bedroom units, offering an attractive addition to any rental portfolio. Each unit provides efficient, comfortable living with gas heat and central air conditioning. Off-street parking adds convenience for residents. The durable brick construction and desirable location make this a compelling multifamily investment opportunity with long-term potential. Property being sold "AS IS".

5 Beds ⋅ 5 Baths ⋅ 968032 MLS

Excellent investment opportunity in the desirable South Park neighborhood! This well-maintained, all-brick ranch-style property features five one-bedroom units, offering an attractive addition to any rental portfolio. Each unit provides efficient, comfortable living with gas heat and central air conditioning. Off-street parking adds convenience for residents. The durable brick construction and desirable location make this a compelling multifamily investment opportunity with long-term potential. Property being sold "AS IS".

338 Hickory Street, Dayton

Courtesy of Erika Deady and Glasshouse Realty Group

$550,000

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.

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

$249,900

Four 1 bedroom apartment units. Rents are $800.00, $700.00, $695.00, & $800.00. Separate laundry hook-ups per unit in basement. Well-maintained Low maintenance brick construction. Near a bus line. New tenants pay own gas and electric.

4 Beds ⋅ 4 Baths ⋅ 966437 MLS

Four 1 bedroom apartment units. Rents are $800.00, $700.00, $695.00, & $800.00. Separate laundry hook-ups per unit in basement. Well-maintained Low maintenance brick construction. Near a bus line. New tenants pay own gas and electric.

3841 Carroll Avenue, Dayton

Courtesy of Douglas Broomhall and West Fork Realty Group LLC

$849,900

18 Unit value-add opportunity! Large brick building with substantial capital improvements. New roof and water heater in 2023. New boiler, electrical, and plumbing in 2022. Fully rented the property brings in $13,033/month, and 15 of the 18 units are currently occupied. Lot's of room for value-add through renovating units and increasing rents. Only 3 minutes from downtown for easy access to I-75, hospitals, restaurants, University of Dayton, etc. Seller is open to a seller-financed deal with a large downpayment. Reach out to list agent for further details and any questions.

24 Beds ⋅ 18 Baths ⋅ 965968 MLS

18 Unit value-add opportunity! Large brick building with substantial capital improvements. New roof and water heater in 2023. New boiler, electrical, and plumbing in 2022. Fully rented the property brings in $13,033/month, and 15 of the 18 units are currently occupied. Lot's of room for value-add through renovating units and increasing rents. Only 3 minutes from downtown for easy access to I-75, hospitals, restaurants, University of Dayton, etc. Seller is open to a seller-financed deal with a large downpayment. Reach out to list agent for further details and any questions.

2662-2678 N Main Street, Dayton

Courtesy of Tyler Everidge and eXp Realty

$195,000

Great Investment! Mixed use Residential / Commercial. Invest Smart. Live Well. Own a Turn-Key Income Producer. This well-maintained 1-unit apartment building and a commercial space. Offers an exceptional investment opportunity with built-in income and future upside. The property includes One upper 1-bedroom, 1-bath apartments that was fully remodeled. Updates included new flooring, windows, fresh paint, completely renovated kitchens, new range and refrigerator, under-cabinet microwaves, updated bathroom, new electric breaker boxes, a new meter base, and upgraded electric service. The lower unit is a commercial space underwent a complete renovation. Major exterior improvements add long-term value and peace of mind, including new siding, lower windows, and doors installed in 2024, followed by a new roof and new gutters in 2025. Operating expenses include water, insurance, taxes, Property Mgmt. This is a rare opportunity to own a solid, cash-flowing property with flexibility for future growth—schedule your private showing today and be sure to view the floor plans to see the full potential. Part of the St Anne's Hill Historic District, just east of the Oregon District Lower level is commercial and rented on a 2 year lease at $1600 month. The upper level is a one Bedroom apartment (vacant) that should rent between $800-$900. (Total $2500 monthly)

1 Beds ⋅ 1 Baths ⋅ 965474 MLS

Great Investment! Mixed use Residential / Commercial. Invest Smart. Live Well. Own a Turn-Key Income Producer. This well-maintained 1-unit apartment building and a commercial space. Offers an exceptional investment opportunity with built-in income and future upside. The property includes One upper 1-bedroom, 1-bath apartments that was fully remodeled. Updates included new flooring, windows, fresh paint, completely renovated kitchens, new range and refrigerator, under-cabinet microwaves, updated bathroom, new electric breaker boxes, a new meter base, and upgraded electric service. The lower unit is a commercial space underwent a complete renovation. Major exterior improvements add long-term value and peace of mind, including new siding, lower windows, and doors installed in 2024, followed by a new roof and new gutters in 2025. Operating expenses include water, insurance, taxes, Property Mgmt. This is a rare opportunity to own a solid, cash-flowing property with flexibility for future growth—schedule your private showing today and be sure to view the floor plans to see the full potential. Part of the St Anne's Hill Historic District, just east of the Oregon District Lower level is commercial and rented on a 2 year lease at $1600 month. The upper level is a one Bedroom apartment (vacant) that should rent between $800-$900. (Total $2500 monthly)

1834 E 5th St., Dayton

Courtesy of Jesse Doyle and Streetlight Realty LLC

$1,290,000

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.

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

1723-1731 McArthur Avenue Unit 8, Dayton

$699,000

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.

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

$305,000

Great Investment opportunity for this Townhouse style 4-unit building. 1-Two bedroom/Two bathroom, 2- One bedroom/1 bathroom units and 1-Two bedroom/One bathroom. Currently 100% occupied. Large rooms with some updates throughout. Off street parking for tenants. Seller currently pays all utilities (Included in rent). Located in the Historic District, convenient to downtown and 35.

6 Beds ⋅ 5 Baths ⋅ 955469 MLS

Great Investment opportunity for this Townhouse style 4-unit building. 1-Two bedroom/Two bathroom, 2- One bedroom/1 bathroom units and 1-Two bedroom/One bathroom. Currently 100% occupied. Large rooms with some updates throughout. Off street parking for tenants. Seller currently pays all utilities (Included in rent). Located in the Historic District, convenient to downtown and 35.

35 Huffman Avenue, Dayton

Courtesy of Ryan Gillen and Keller Williams Community Part