559/561, Evergreen, Avenue, Dayton, OH, 45402
559/561, Evergreen, Avenue, Dayton, OH, 45402Location Details
- County Or Parish: Montgomery
- School District: Dayton
- Zoning: Residential
Property Details
- Lot Dimensions: 40X89
- Parcel Number: R72 12207 0005
- Construction Type: Frame
- Distressed Property: None
- Transaction Type: Sale
Property Features
- Outside Features: Porch, Porch
- Inside Features: Gas Water Heater,High Speed Internet,Paddle Fans,Smoke Alarm(s)
- Utilities: 220 Volt Outlet,City Water,Storm Sewer
- Appliances: Refrigerator
- Basement: Partial
- Windows: Wood Frame
- Heating: Forced Air
- Cooling: None
- Garage: None
Miscellaneous
- Taxes Semi Annual: 405.00
- Assessments: NOR
Basics
- Baths Full: 2
- Baths Half: 0
- Date added: Added 3 months ago
- Listing Contract Date: 2025-12-14
- Category: Multi-Family
- Type: 2-4 Units
- Status: Active
- Bedrooms: 3
- Bathrooms: 2.00
- Year built: 1929
- MLS ID: 949256
Courtesy of
- Office Name: RE/MAX Victory + Affiliates
- Agent Name: Kimberly A Wattermann ABR
- Agent Email: kim@kimberlyw.com
- Agent Phone: (937) 271-2832
Description
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Description:
INVESTOR ALERT — CASH-FLOWING DUPLEX WITH EVEN MORE UPSIDE!
This well-maintained duplex is already generating $1,200/month with long-term tenants on month-to-month leases. Both units are rented at below-market rates ($600 each), offering immediate potential to increase rents to $750–$800/unit with light cosmetic updates.Additional highlights:
2024 roof replacement—major expense already handled
Tenants pay for all electric, lowering operating costs
Expandable layout: unfinished basement offers opportunity to add a 3rd unit or additional living space
Flexible floor plan allows easy conversion back to a single-family home
Great for first-time investors looking to own an income-producing property while learning real estate management on a small, manageable scale, with a solid 9.3% cap rate right from the start.
Perfect for buy-and-hold investors or anyone looking to add stable, appreciating cash flow to their portfolio.
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Sold As-Is.

