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$564,000
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

$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

$87,500
4 Beds 3 Baths 966463 MLS
Three apartments. Two paying tenants. One vacant opportunity. Let the math do the talking. 265 Linden Avenue is a historic Dayton triplex offering investors $16,500 in current annual gross rental income with additional upside through the vacant third unit. The property features a spacious 2-bedroom main-floor apartment, 1-bedroom upper-level apartment, and efficiency/studio with its own kitchen and full bath. Current rents are $725/month for the 2-bedroom and $650/month for the 1-bedroom. The 2-bedroom is leased through January 2028, while the 1-bedroom is month-to-month. The vacant efficiency provides an opportunity to increase occupancy and future gross income. Offering approximately 2,222 square feet, each unit has one full bath. The unfinished basement houses laundry and mechanical systems. Off-street parking is provided by the detached garage and rear parking area. Historic character shines through the brick exterior, covered front porch, upper balcony, and distinctive architectural details. Utilities are currently master-metered, with one electric, gas, and water meter serving the property. Owner currently pays utilities, which are included in the rental arrangements. Property is being sold strictly AS-IS. Buyer to perform all desired inspections and due diligence, including verification of rents, leases, utility arrangements, zoning, permitted use, square footage, and municipal requirements. Existing exterior code violations will be assumed by the purchaser at closing. Seller will make no repairs or concessions related to inspections, code requirements, or property condition. Schedule your private tour today!

265 Linden Avenue, Dayton

Courtesy of Mason James and Howard Hanna Real Estate Serv

$180,000
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

$124,900
6 Beds 2 Baths 965179 MLS
Excellent opportunity to add a fully occupied, income-producing duplex to your investment portfolio! This well-maintained property features two spacious units, each offering 3 bedrooms and 1 full bathroom, providing strong rental appeal and consistent cash flow. Both units are currently rented, generating a total of $1,600 per month in gross rental income. Unit 83 is occupied by a long-term tenant paying $675 per month on a month-to-month lease, while Unit 85 is leased to a newer tenant at $925 per month. Tenants pay all utilities, helping keep owner operating expenses low. Whether you're an experienced investor looking to expand your portfolio or a first-time investor seeking a turnkey rental property, this duplex offers immediate income from day one. With two desirable three-bedroom units, stable occupancy, and a strong rental history, this is an investment opportunity you won't want to miss.

83 W Hudson Avenue, Dayton

Courtesy of John Clark and eXp Realty

$259,900
8 Beds 4 Baths 965178 MLS
Excellent investment opportunity with this solid 4-unit brick multifamily property conveniently located just minutes from downtown Dayton. Whether you’re looking to expand your portfolio or begin investing in multifamily real estate, this property offers immediate cash flow with significant upside. Currently, 2 of the 4 units are occupied, each paying $800 per month plus a $50 monthly water surcharge, with tenants responsible for all other utilities. Two units will be vacant at closing, providing an excellent opportunity for an owner occupant or an investor to place a new tenant at current market rents. One vacant unit (2) is available for showings. The remaining occupied units may be viewed following an accepted contract to minimize disruption to the tenants. With half the units already producing income and additional value-add potential through lease-up, this property presents an excellent opportunity for investors seeking both immediate cash flow and increased returns. Don’t miss your chance to add this income-producing brick fourplex to your portfolio. Schedule your showing today!

212 E Bruce Avenue, Dayton

Courtesy of John Clark and eXp Realty

$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

$140,000
4 Beds 4 Baths 961558 MLS
Calling all investors! Here’s your chance to secure a 4-unit multifamily in the heart of Dayton – a market nationally recognized for strong cash flow and investor-friendly opportunities. This property is primed to be a cash cow through value-add strategies such as targeted rent increases and unit updates. The two vacant units need rehabbed before they can be leased but the other heavy lifting has already been done for you: the current ownership has upgraded the electrical system, ensuring that each unit is separately metered and fully electric – a huge plus for long-term operational efficiency. Act fast and position yourself to unlock the upside of this Gem City 4-unit today!

1572 Wayne Avenue, Dayton

Courtesy of Jackie Powers and Agora's Maxxed Out Realty

$170,000
5 Beds 2 Baths 961405 MLS
Don't miss this fully renovated duplex located at 417 Holt Street in Dayton! Each spacious unit features 3 bedrooms, 1 full bathroom, and a large eat-in kitchen, offering comfortable living space that tenants will love. Recent updates provide peace of mind for investors looking for a turnkey addition to their portfolio. With strong rental potential, this property has the ability to generate $2,400+ per month in rental income, making it an excellent opportunity for both seasoned investors and those looking to build wealth through real estate. Conveniently located near downtown Dayton, major highways, shopping, and local amenities. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this income-producing property offers exceptional value and opportunity.

417 Holt Street, Dayton

Courtesy of Saunya Strickland and Keller Williams Advisors Rlty

$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

$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. 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

$89,900
4 Beds 2 Baths 959474 MLS
Welcome to 1528-1530 Mclain! This investment opportunity featuring a 2-unit building offering a total of 2,079 square feet of living space. Each unit includes 2 bedrooms, 1 full bath, a large kitchen, dining room, and a spacious living room highlighted by a charming fireplace -adding both character and tenant appeal. The property also features a full, unfinished basement equipped with mechanical systems providing additional convenience and potential value-add opportunities. Tenants will appreciate the private parking located behind the building, offering ease and accessibility. Whether you’re looking to expand your portfolio or step into multi-family investing, this property offers strong rental potential with desirable unit layouts and functional amenities.

1528-1530 McLain Street, Dayton

Courtesy of Mason James and Howard Hanna Real Estate Serv

$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

$570,000
12 Beds 7 Baths 959231 MLS
***Recent Refurbished unit (December 2025)*** Turnkey 7-Unit Multifamily | Steps from University of Dayton | Fully Leased Income Stream 14–20 Mello Avenue Dayton, OH 45410 Acquire a fully leased seven-unit multifamily property in one of Dayton’s most sought-after rental corridors. Just steps from the University of Dayton (UD), this turnkey building pairs immediate cash flow with brand-new capital improvements, including a new roof installed Summer 2025 creating years of low-maintenance ownership. Property Highlights • Five 2BR/1BA apartments • Two 1BR/1BA apartments • Dedicated off-street parking for seven vehicles plus ample street parking • Well-maintained common areas and mechanicals. Location Advantages • Prime Access: Walk to UD’s academic core, athletics, and student services • Parking Advantage: Private rear lot, rarely available near campus • High Demand: UD proximity drives exceptional occupancy and rent resilience. Investor Takeaway Opportunities of this caliber near the University of Dayton are scarce and tightly held. Whether you’re expanding a portfolio or entering Dayton’s multifamily market, this property offers a rare chance to own a high-demand asset in a proven, supply-constrained location.

14-20 Mello Avenue, Dayton

Courtesy of Stephen S Payne and Keller Williams Community Part

$89,900
4 Beds 2 Baths 958041 MLS
Welcome to 1532-1534 Mclain! This investment opportunity featuring a 2-unit building offering a total of 2,049 square feet of living space. Each unit includes 2 bedrooms, 1 full bath, a large kitchen, dining room, and a spacious living room highlighted by a charming fireplace—adding both character and tenant appeal. The property also features a full, unfinished basement equipped with mechanical systems providing additional convenience and potential value-add opportunities. Tenants will appreciate the private parking located behind the building, offering ease and accessibility. Whether you’re looking to expand your portfolio or step into multi-family investing, this property offers strong rental potential with desirable unit layouts and functional amenities.

1532-1534 McLain Street, Dayton

Courtesy of Mason James and Howard Hanna Real Estate Serv

$599,000
16 Beds 8 Baths 956621 MLS
Introducing a prime investment opportunity! This fully occupied property, built in 1958, boasts a 4,794 SF building, with eight 2-bedroom, 1-bath units, offering a lucrative rental income stream. Situated in the vibrant Dayton area, this property has undergone significant improvements, including a new roof in October 2024. Whether you're an established investor or entering the multifamily market, this property offers a compelling opportunity to enhance your portfolio and maximize returns. recent updates include: New Roof 2024 $28,600 Front Gutters Replaced 2026 $4,150 HVAC Improvements (4 Furnaces & 8 A/C Units) 2021 $24,400 Water Heater Replacements (Various Units) 2016–2023 $7,000 Electrical Service Upgraded to 100 AMP 2019 Included Select Window Replacements 2021–2025 $5,000 Interior Unit Renovations & Updates (Flooring, Kitchens, Bathrooms, Paint & Misc. Improvements) 2021–2025 $64,000

27 Rita Street, Dayton

Courtesy of Douglas Broomhall and West Fork Realty Group LLC

$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

$249,000
4 Beds 3 Baths 955243 MLS
Rare mixed-use investment opportunity on Wayne Avenue! This 3,384 sq ft property is zoned for residential or commercial use and offers an ideal setup for investors, entrepreneurs, or owner-occupants seeking flexibility and income potential. The building includes 2 units, one of which is a charming, fully updated studio apartment with a private entrance and its own patio. The larger unit provides a highly functional and flexible layout, including a Wayne Avenue-facing room that can serve as a storefront, office, or possible 3rd bedroom. Additional features include a first-floor full bath and laundry, two upstairs bedrooms, and two living spaces. Whether used for long-term rental income, a live/work concept, or a combination of residential and commercial occupancy, this property offers exceptional versatility and upside.

1220-1222 Wayne Avenue, Dayton

Courtesy of Brian Sharp and BHHS Professional Realty

$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

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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®