Luma Realty Search Results

$169,000

Introducing 32-34 Waverly Ave, a prime investment opportunity in Dayton, OH. This 2,280 SF multifamily property, built in 1930, offers two 3-bedroom, 1-bath apartments with 100% occupancy. Tenants pay for heat and electric, and each tenant contributes $65.00 per month towards water. Zoned R-5, it presents a compelling prospect for low-rise investors seeking a resilient addition to their portfolio. With a strategic location and strong historical performance, this property is positioned to deliver consistent returns and long-term value. Don't miss the chance to acquire this well-maintained asset in a thriving market.

6 Beds ⋅ 2 Baths ⋅ 967066 MLS

Introducing 32-34 Waverly Ave, a prime investment opportunity in Dayton, OH. This 2,280 SF multifamily property, built in 1930, offers two 3-bedroom, 1-bath apartments with 100% occupancy. Tenants pay for heat and electric, and each tenant contributes $65.00 per month towards water. Zoned R-5, it presents a compelling prospect for low-rise investors seeking a resilient addition to their portfolio. With a strategic location and strong historical performance, this property is positioned to deliver consistent returns and long-term value. Don't miss the chance to acquire this well-maintained asset in a thriving market.

32-34 Waverly Avenue Unit 32-34, Dayton

Courtesy of Douglas Broomhall and West Fork Realty Group LLC

$69,900

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!

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

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

$5,000

Excellent opportunity for a fresh start! Utilities and driveway already established. A blank slate waiting for a loving touch! Previous home torn down due to fire.

965895 MLS

Excellent opportunity for a fresh start! Utilities and driveway already established. A blank slate waiting for a loving touch! Previous home torn down due to fire.

4528 Midway Avenue, Dayton

Courtesy of Mark Brockman and Sibcy Cline Inc.

$180,000

Solid brick four-unit investment property in Dayton’s Hillcrest neighborhood, offering four one-bedroom, one-bath apartments and current scheduled rents totaling $2,195 per month. This well-maintained building features a newer roof installed in 2022 and $4,850 in recent improvements, including a new driveway, exterior painting and trim work, and refreshed landscaping. Current rents range from $490 to $600 per month, providing an opportunity for future income growth as leases turn over. Conveniently located just minutes from Downtown Dayton, Sinclair Community College, Grandview Medical Center, shopping and dining. Nearby recreational attractions include Island MetroPark, Wegerzyn Gardens MetroPark, Triangle Park and the Boonshoft Museum of Discovery. Easy access to North Main Street/Route 48, I-75 and US-35 makes commuting throughout the Dayton area convenient. Financial Highlights Current monthly rent: $2,195 Current annual gross rent: $26,340 Landscaping: approximately $1,200 annually Common-area electric: approximately $660 annually Insurance: approximately $1,950 annually Reported 2026 improvements/maintenance: $4,850 2022 roof Four one-bedroom, one-bath units Durable brick construction

4 Beds ⋅ 4 Baths ⋅ 965729 MLS

Solid brick four-unit investment property in Dayton’s Hillcrest neighborhood, offering four one-bedroom, one-bath apartments and current scheduled rents totaling $2,195 per month. This well-maintained building features a newer roof installed in 2022 and $4,850 in recent improvements, including a new driveway, exterior painting and trim work, and refreshed landscaping. Current rents range from $490 to $600 per month, providing an opportunity for future income growth as leases turn over. Conveniently located just minutes from Downtown Dayton, Sinclair Community College, Grandview Medical Center, shopping and dining. Nearby recreational attractions include Island MetroPark, Wegerzyn Gardens MetroPark, Triangle Park and the Boonshoft Museum of Discovery. Easy access to North Main Street/Route 48, I-75 and US-35 makes commuting throughout the Dayton area convenient. Financial Highlights Current monthly rent: $2,195 Current annual gross rent: $26,340 Landscaping: approximately $1,200 annually Common-area electric: approximately $660 annually Insurance: approximately $1,950 annually Reported 2026 improvements/maintenance: $4,850 2022 roof Four one-bedroom, one-bath units Durable brick construction

263 Valleyview Drive, Dayton

Courtesy of Brian Sharp and BHHS Professional Realty

$185,000

Turnkey Duplex Investment at 116 Bellaire Ave. This income-producing property offers immediate cash flow with a 7.3% cap rate (professionally managed) and an 8.8 GRM. The 1,725 sq ft building features two fully leased 2-bed, 1-bath units generating $1,750/month ($850 lower/$900 upper). Tenants pay their own utilities, owner covers water/trash ($100/mo) and low annual taxes of $1,988. Each unit includes spacious living/dining areas and full basement access with laundry. Major capital improvements include a new roof (2025), concrete entrance steps (2026), main plumbing stack/sewer line replacement (2022), and upper-unit cosmetic/bathroom updates (2022). Includes a detached 2-car garage. Prime rental location just 1 mile from the University of Dayton, Miami Valley Hospital, and Brown Street dining, plus easy access to US-35, I-75, and WPAFB (7.4 miles). Financials and leases available upon request.

4 Beds ⋅ 2 Baths ⋅ 962715 MLS

Turnkey Duplex Investment at 116 Bellaire Ave. This income-producing property offers immediate cash flow with a 7.3% cap rate (professionally managed) and an 8.8 GRM. The 1,725 sq ft building features two fully leased 2-bed, 1-bath units generating $1,750/month ($850 lower/$900 upper). Tenants pay their own utilities, owner covers water/trash ($100/mo) and low annual taxes of $1,988. Each unit includes spacious living/dining areas and full basement access with laundry. Major capital improvements include a new roof (2025), concrete entrance steps (2026), main plumbing stack/sewer line replacement (2022), and upper-unit cosmetic/bathroom updates (2022). Includes a detached 2-car garage. Prime rental location just 1 mile from the University of Dayton, Miami Valley Hospital, and Brown Street dining, plus easy access to US-35, I-75, and WPAFB (7.4 miles). Financials and leases available upon request.

116 Bellaire Avenue, Dayton

Courtesy of Catherine A Cable and Keller Williams Community Part

$155,000

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.

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

$69,900

Investor opportunity at 29 Laura Ave, Dayton, OH 45405. This duplex offers strong income potential with a stabilized lower unit and value-add upside in the upper unit. The first-floor unit features 1 bedroom and 1 bathroom, is in excellent condition, and is occupied by a long-term tenant currently paying $745/month. The second-floor unit includes 2 bedrooms plus a large finished attic space and 1 bathroom. This unit requires some work to reach rent-ready condition, with an estimated market rent of up to $950/month once improved. The property operates with shared utilities (single HVAC system and water heater), with the owner currently covering all utility expenses, including water/trash, electric, and gas. Strong cash flow potential for investors willing to complete light improvements and optimize rents.

4 Beds ⋅ 2 Baths ⋅ 961496 MLS

Investor opportunity at 29 Laura Ave, Dayton, OH 45405. This duplex offers strong income potential with a stabilized lower unit and value-add upside in the upper unit. The first-floor unit features 1 bedroom and 1 bathroom, is in excellent condition, and is occupied by a long-term tenant currently paying $745/month. The second-floor unit includes 2 bedrooms plus a large finished attic space and 1 bathroom. This unit requires some work to reach rent-ready condition, with an estimated market rent of up to $950/month once improved. The property operates with shared utilities (single HVAC system and water heater), with the owner currently covering all utility expenses, including water/trash, electric, and gas. Strong cash flow potential for investors willing to complete light improvements and optimize rents.

29 Laura Avenue, Dayton

Courtesy of Zachary Shade and Bella Realty Group

$82,000

This duplex offers excellent upside potential, whether you're an investor looking to lease up the vacant unit or a buyer seeking a house hack opportunity. One unit features 1 bedroom and 1 bathroom and is currently rented for $675/month, providing immediate income. The other unit offers 2 bedrooms and 1 bathroom, presenting a great opportunity for additional rental income or owner occupancy.

3 Beds ⋅ 2 Baths ⋅ 961453 MLS

This duplex offers excellent upside potential, whether you're an investor looking to lease up the vacant unit or a buyer seeking a house hack opportunity. One unit features 1 bedroom and 1 bathroom and is currently rented for $675/month, providing immediate income. The other unit offers 2 bedrooms and 1 bathroom, presenting a great opportunity for additional rental income or owner occupancy.

2515 Keenan Avenue, Dayton

Courtesy of Jackie Powers and Agora's Maxxed Out Realty

$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

$123,500

2 Bedroom 1 bath duplex with large, fenced yard in front and back. Tenants pay all utilities. The tenant on the Tubman side is paying 875 and just signed a new lease. The tenant on the Sage side pays 850 and is month-to-month. Tenant on the Tubman side pays 875 and has a year lease. New water heater on Sage side in 2023. Frame home with vinyl siding. Show 3101 Tubman side other side once accepted contract due to current tenants' work schedules. Please send all offers with proof of funds.

4 Beds ⋅ 2 Baths ⋅ 957355 MLS

2 Bedroom 1 bath duplex with large, fenced yard in front and back. Tenants pay all utilities. The tenant on the Tubman side is paying 875 and just signed a new lease. The tenant on the Sage side pays 850 and is month-to-month. Tenant on the Tubman side pays 875 and has a year lease. New water heater on Sage side in 2023. Frame home with vinyl siding. Show 3101 Tubman side other side once accepted contract due to current tenants' work schedules. Please send all offers with proof of funds.

2989 Sage Avenue, Dayton

Courtesy of William J Furlong and Streetlight Realty LLC

$125,000

Investment opportunity at 466-468 Allwen! This solid duplex offers 2,436 S/F with two units, each featuring 2 bedrooms, 1 full bath, a comfortable Living Room, kitchen with breakfast nook, and an unfinished basement. One unit is currently rented at $450/month on a month-to-month lease. Unit 466 includes central A/C. Recent updates include a newer furnace in one unit, meter repair work, and a new electric box. With some TLC, there’s strong potential to increase rents to current market rates. Property is being sold as-is; seller will make no repairs. Buyers to rely on their own inspections and verify all measurements.

4 Beds ⋅ 2 Baths ⋅ 952542 MLS

Investment opportunity at 466-468 Allwen! This solid duplex offers 2,436 S/F with two units, each featuring 2 bedrooms, 1 full bath, a comfortable Living Room, kitchen with breakfast nook, and an unfinished basement. One unit is currently rented at $450/month on a month-to-month lease. Unit 466 includes central A/C. Recent updates include a newer furnace in one unit, meter repair work, and a new electric box. With some TLC, there’s strong potential to increase rents to current market rates. Property is being sold as-is; seller will make no repairs. Buyers to rely on their own inspections and verify all measurements.

466-468 Allwen Drive, Dayton

Courtesy of Andrew Gaydosh and eXp Realty

$4,900

This .3 acres, this buildable lot is a stone's throw away from the Miami Valley Golf Club. Come build your dream home and enjoy Dayton's low property tax rate. County Auditor's Appraised value of land is $17,250. This land may qualify as a Community Reinvestment area! Call the city to find out if tax abatements are available for building on this land. No prorations Buyer pays closing costs. For questions, comments or offers please contact Listing Agent

948168 MLS

This .3 acres, this buildable lot is a stone's throw away from the Miami Valley Golf Club. Come build your dream home and enjoy Dayton's low property tax rate. County Auditor's Appraised value of land is $17,250. This land may qualify as a Community Reinvestment area! Call the city to find out if tax abatements are available for building on this land. No prorations Buyer pays closing costs. For questions, comments or offers please contact Listing Agent

3838 W Hillcrest Avenue, Dayton

Courtesy of Suzanne Marie and Key Realty

$225,000

This apartment building consists of four large one bedroom one bath apartments. There is a detached garage for possible tenant storage. Also, a full basement. Tenants pay for heat and electric. The units are rented at $600 per month.

4 Beds ⋅ 4 Baths ⋅ 933666 MLS

This apartment building consists of four large one bedroom one bath apartments. There is a detached garage for possible tenant storage. Also, a full basement. Tenants pay for heat and electric. The units are rented at $600 per month.

1234 Kumler Avenue Unit 1234, Dayton

Courtesy of Douglas Broomhall and West Fork Realty Group LLC

$30,000

Very nice lot in Westbrook Village. Use to be a nice home there but tornado damaged it. Now you can build your own home there. Water, utilities including electric is already there. Make this your new home.

879362 MLS

Very nice lot in Westbrook Village. Use to be a nice home there but tornado damaged it. Now you can build your own home there. Water, utilities including electric is already there. Make this your new home.

6459 Waywind Drive, Dayton

Courtesy of Jacqueline Cole and Don Mitchell Realty Inc