151, Grove, Avenue, Dayton, OH, 45404
151, Grove, Avenue, Dayton, OH, 45404Rooms & Units Description
- Unit Number: 151
Location Details
- County Or Parish: Montgomery
- School District: Dayton
- Zoning: Residential
Property Details
- Lot Dimensions: 99 x 126.5
- Parcel Number: R72-05209-0026
- Construction Type: Brick
- Subdivision Name: City/Dayton Rev
- Distressed Property: None
- Transaction Type: Sale
Property Features
- Outside Features: Partial Fence,Porch, Partial Fence,Porch
- Inside Features: Smoke Alarm(s)
- Utilities: 220 Volt Outlet,City Water,Natural Gas,Sanitary Sewer
- Appliances: Range,Refrigerator
- Basement: Full,Unfinished,Walkout
- Heating: Forced Air,Natural Gas
- Cooling: Central
- Kitchen Features: Laminate Counters,Remodeled
- Garage: None
Miscellaneous
- Taxes Semi Annual: 5523.55
- Assessments: 70.87
Basics
- Baths Full: 7
- Baths Half: 0
- Date added: Added 2 months ago
- Acres: 0.2900
- Listing Contract Date: 2025-08-29
- Category: Multi-Family
- Type: 5+ Units
- Status: Active
- Bedrooms: 21
- Bathrooms: 7.00
- Area: 12606 sq ft
- Lot size: 12632 sq ft
- Year built: 1900
- MLS ID: 942225
Courtesy of
- Office Name: Keller Williams Community Part
- Agent Name: Stephen S Payne
- Agent Email: stephen@yepsold.com
- Agent Phone: (937) 776-5640
Description
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Description:
Rare Investment Opportunity: Cash-Flowing 7-Unit Multi-family Townhouse Property in Old North Dayton
Investors—don’t miss this rare chance to add a stabilized, high-demand, cash-flowing asset to your portfolio! Located in the heart of Old North Dayton, this 7-unit townhouse-style rental property offers consistent income and long-term value.
Each unit is a spacious 3-bedroom, 1-bath, 1,150 sq ft townhouse with a full walkout basement. Four units have been fully remodeled in recent years, with rents reaching up to ~$1,000/month. Tenants cover electricity and gas, while the owner pays water, sewer, and trash—keeping overhead low and predictable.
This low-maintenance property has a proven rental history and strong tenant appeal. Townhouse-style units in this area are in high demand, thanks to their layout and location—just minutes from downtown Dayton and Dayton Children’s Hospital.
The out-of-town owner made long-term updates with the intention to hold the property indefinitely, but now needs to redirect focus to other obligations. This is your opportunity to step into a turnkey investment with immediate returns. Recent investments include tuck-pointing brickwork this year ($totaling 26,375). As a result, the net operating income this past year is skewed.
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