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$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

$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

$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

$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

$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®