Active

151-163 Grove Avenue 151

Dayton OH, 45404

$633,000


$50.21 per sqft

Active

21 Beds

7 Baths

12,606 sqft

Multi-family

Built in 1900

Investors, this is a rare opportunity to add a cash-flowing, 7-unit townhouse-style rental property to your portfolio! Nestled in the heart of Old North Dayton, this stabilized property has four fully remodeled units in last few years, with rents up to ~$1,000. All units are 3-bedroom, 1-bath, 1,150 sqft townhouses with full walkout basements. Tenants pay for electricity and gas, while the owner pays for water, sewer, and trash. This low-maintenance property with a strong track record of rental income is a great investment opportunity. The townhouse-style units are in high demand, and the property is in a convenient and desirable neighborhood, minutes away from downtown Dayton and the Dayton Children's Hospital. Out of town owner invested in updates to own the property for forever, but now needs to meet other obligations.

924115

MLS ID

November 21, 2024

Listed

February 20, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

21


Total Bathrooms

7


Full Bathrooms

7


Interior Features

Laminate Counters


Appliances

Range, Refrigerator, Gas Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.29 Acres


Patio And Porch

Porch

Other Property Details

Days on Market

91


Garage

No


Parking

No Garage, Private, On Street


View

No


County

Montgomery


Water Source

Public


Pool

No


Utilities

Natural Gas Available, Sewer Available, Water Available


Zoning

Residential

Listing History

Date

Event

Price

2/12/2025

Price change

$633,000

-3%

2/4/2025

Active

1/15/2025

Under contract

12/30/2024

Price change

$648,900

-1%

Courtesy of Stephen S Payne with Keller Williams Community Part
Listing Contact: (937) 530-4904 

Based on information from Dayton Area Board of REALTORS® as of 2/20/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

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