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540 Grafton Avenue, Dayton
$290,000
4 Beds ⋅ 2 Baths ⋅ 970380 MLS
Live in one. Rent the other. Or add a beautifully rehabilitated historic duplex to your investment portfolio. 540–542 Grafton Avenue offers two spacious 2-bedroom, 1-bath residences and a level of rehabilitation rarely found in a two-family property. This is not investor-grade work. The comprehensive, architect-designed rehabilitation was completed with residential-quality materials and careful attention to the character of the original home. Improvements include two new 200-amp electrical panels, new electrical wiring, new plumbing, new HVAC and central air, new Pella windows with a 10-year warranty, new kitchens and baths, in-unit laundry, restored hardwood floors, insulation, foundation stabilization and a sump pump. The exterior has been repaired and painted, with extensive porch and exterior improvements. Located in the Grafton-Rockwood-Wroe Historic District, with a 15-year tax abatement (on improvements) application in process. Move-in ready for an owner-occupant and turnkey for an investor—historic character, modern systems and quality workmanship throughout.

540 Grafton Avenue, Dayton

Courtesy of Lorka Munoz-Daugherty and Glasshouse Realty Group

1713-1715 Mack Avenue, Dayton
$220,000
6 Beds ⋅ 2 Baths ⋅ 970413 MLS
Add this 6-bedroom duplex to your portfolio and start earning $2,000/month in cash flow from day one!! Each 1,200 sq ft unit offers 3 spacious bedrooms and 1 full bath. Separate covered front porch for tenant privacy & basements for extra storage space. All appliances stay. Recent updates include New siding, electric, plumbing, bathrooms, LVP flooring, paint, lighting, and 3 new AC window units. Both units are tenant-occupied with signed leases -- so income starts immediately!! The large backyard provides extra parking and outdoor space. A solid, straightforward rental with recent renovations and reliable cash flow. Schedule your showing today & let's add this property to your investment portfolio.

1713-1715 Mack Avenue, Dayton

Courtesy of Tami Holmes and Tami Holmes Realty

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

26 Mello Avenue, Dayton
$169,900
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

24 Fernwood Avenue, Dayton
$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

7 Grove Avenue, Dayton
$125,000
3 Beds ⋅ 2 Baths ⋅ 966661 MLS
Located just two blocks from Dayton Children’s Hospital, this two family property at 7 and 9 Grove Ave offers a strong investment opportunity in the heart of downtown Dayton. The lower unit features 2 bedrooms and 1 bath, while the upper unit offers 1 bedroom and 1 bath. Recent updates include new HVAC and LVP flooring, plus shared basement laundry for added convenience. The upper unit is currently rented at $750/month, and the vacant lower unit has a rental history of $1,000/month. With solid income potential and proximity to major employers, hospitals, and downtown amenities, this well maintained property is an ideal addition to any investment portfolio. Back on market due to no fault of seller, buyer terminated day of closing with no reason given.

7 Grove Avenue, Dayton

Courtesy of Melissa Stone and eXp Realty

1341 Phillips Avenue, Dayton
$199,900
6 Beds ⋅ 2 Baths ⋅ 966663 MLS
Welcome to 1341-1343 Phillips Ave —perfect for investors or buyers looking to house hack while building long-term wealth. This income-producing property features two vacant units with spacious, functional layouts. Recent updates include interior, exterior paint, new stucco and new water heaters. Unit 1341 has a new furnace. New stucco was completed in January. Each unit offers spacious living areas with natural light and separate entrances for privacy. With a few cosmetic updates this property will offer a truly move-in ready experience for tenants or owners. The property sits on a convenient street close to shopping, dining, schools, and major routes to downtown Dayton. Whether you’re expanding your rental portfolio or searching for a smart owner-occupied investment, this duplex delivers flexibility, cash-flow potential, and peace of mind with its recent improvements. Don’t miss this Dayton gem—schedule your showing today!

1341 Phillips Avenue, Dayton

Courtesy of Leslie Wade and Keller Williams Advisors Rlty

10-12 Marie Avenue, Dayton
$185,000
4 Beds ⋅ 2 Baths ⋅ 965674 MLS
Excellent opportunity to add a fully remodeled duplex to your investment portfolio or owner-occupy one unit while generating rental income from the other! Located at 10-12 Marie Avenue, Dayton, OH 45405, this well-maintained duplex offers approximately 2,200 square feet of total living space, with each unit featuring approximately 1,100 square feet, 2 bedrooms, 1 full bathroom, spacious living and dining areas, and a full unfinished basement ideal for storage. Each unit welcomes you with its own covered front porch and private entrance. Inside, you'll find bright living rooms filled with natural light, separate dining rooms perfect for everyday living, and kitchens offering ample cabinet space. Upstairs, each unit features two comfortable bedrooms and a full bathroom. Major updates provide peace of mind for years to come, including new windows, updated electrical, new furnaces (2022), new water heaters (2023), roof repairs completed in 2025, and additional insulation added in 2025. Conveniently located just minutes from parks, recreation, shopping, restaurants, and Downtown Dayton, this turnkey duplex is an outstanding opportunity for both seasoned investors and those looking to begin building wealth through real estate. Don't miss your chance to own this updated income-producing property—schedule your private showing today!

10-12 Marie Avenue, Dayton

Courtesy of Cara Reese and Coldwell Banker Heritage

1834 E 5th St., Dayton
$195,000
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

51 Lexington Avenue, Dayton
$59,900
8 Beds ⋅ 4 Baths ⋅ 965420 MLS
Historic Restoration Opportunity with Income Potential! Bring your vision to this impressive 2.5-story historic residence offering over 2,550 square feet of living space in Dayton's most historic suburbs. Rich in original character and architectural detail, this property features hardwood floors, multiple decorative fireplaces, an elegant open staircase, oversized rooms, original millwork, tall ceilings, original light fixtures and so much more! Public records indicate the property was formerly configured as a duplex, while the finished third floor presents the potential for an additional living unit, subject to buyer verification and local zoning approval, creating an attractive opportunity for investors seeking a potential triplex conversion or an expansive single-family home. The detached garage offers the convenience of off-street parking. The property's substantial square footage, flexible floor plan, preserved historic features, and strong architectural presence provide an exceptional foundation for redevelopment. Located with convenient access to downtown Dayton, major employers, hospitals, Wright-Patterson Air Force Base, and interstate highways, this property presents a unique opportunity for experienced investors, historic restoration specialists, or developers looking to create significant value. Cash/Hard Money or renovation financing only. Property is being sold in its current condition. Buyer to verify all zoning, room counts & measurements, future use possibilities, and all other information. Schedule your private tour today! Contract assignments, wholesale transactions, and offers contingent upon the sale of another property are not permitted. Offers must be submitted in the name of the actual purchasing party and may not be assigned.

51 Lexington Avenue, Dayton

Courtesy of Mason James and Howard Hanna Real Estate Serv

2010 Auburn Avenue, Dayton
$229,000
4 Beds ⋅ 1 Baths ⋅ 964260 MLS
2010 Auburn Avenue presents a thoughtfully maintained multifamily asset featuring four 1-bedroom, 1-bath apartments The property showcases a classic facade with updated entry points, leading to interiors refreshed with bright finishes, ample natural light, and durable surfaces crafted for longevity. Residents enjoy accessible laundry amenities, and well-managed landscaping, all supported by an ownership team attentive to preventive maintenance. The building’s layout offers flexibility for modern leasing strategies while delivering steady occupancy through a dependable tenant experience. Investors will appreciate the combination of solid structural integrity, contemporary interior touches, and practical everyday conveniences. Tenants pay heat and electric.

2010 Auburn Avenue, Dayton

Courtesy of Douglas Broomhall and West Fork Realty Group LLC

538 Shoop Avenue, Dayton
$147,900
2 Beds ⋅ 2 Baths ⋅ 963925 MLS
Welcome to 538-540 Shoop Ave, a beautifully updated duplex offering endless possibilities for homeowners and investors alike. Each unit features 1 bedroom and 1 full bathroom, providing comfortable, low maintenance living with modern updates throughout. The major improvements have already been completed, including a new roof, new plumbing, new electrical system, and new HVAC, giving the next owner peace of mind for years to come. With all the heavy lifting done, this property is truly move in and rent ready. Whether you're looking to house hack by living in one unit while letting the other help offset your mortgage, searching for a turnkey investment property ready for new tenants, or hoping to keep family members close while maintaining separate living spaces, this duplex offers exceptional flexibility. The opportunities are endless. Conveniently located near shopping, restaurants, parks, schools, and major highways, this is a fantastic opportunity to own a fully updated duplex in Dayton. Don't miss your chance to see everything this property has to offer. Schedule your private showing today!

538 Shoop Avenue, Dayton

Courtesy of John Clark and eXp Realty

611-613 Delaware Avenue, Dayton
$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

53 Bennington Drive, Dayton
$289,900
4 Beds ⋅ 4 Baths ⋅ 959469 MLS
Turnkey investment opportunity with strong income potential. This all-brick four-unit property features four 1-bedroom, 1-bathroom units with functional layouts and numerous updates completed in 2020. Major improvements include a metal roof, four HVAC systems, four water heaters, vinyl replacement windows, updated electrical panels for each unit plus the common area, and cosmetic renovations throughout. Units 1 and 4 are currently tenant-occupied at $800 per month each, while Units 2 and 3 have recently been turned and are rent-ready, providing immediate leasing opportunities and potential for increased cash flow. Electric, gas, and heat are paid directly by the tenants. Water is paid by the owner. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this well-maintained property offers flexibility and value.

53 Bennington Drive, Dayton

Courtesy of Derek Mobley and Keller Williams Community Part

152 Santa Clara Avenue, Dayton
$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

445 Hunter Avenue, Dayton
$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

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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®