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For sale
  • $629,999

    151 Grove Ave #151, Dayton, OH 45404

    21beds
    12,606sqft
    : 
    Multi Family
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $50/sqft
    $-- HOA

    What's special

    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.
    108 days
    |
    320
    |
    14
    |

    Zillow last checked: 8 hours ago

    Listing updated: August 29, 2025 at 04:34pm

    Listed by:

    Stephen S Payne (937)530-4904,

    Keller Williams Community Part

    Source: DABR MLS,MLS#: 942225MLS LogoOriginating MLS: Dayton Area Board of REALTORS

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 21
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Range, Refrigerator
    Features
    • Laminate Counters, Remodeled
    • Basement: Full,Unfinished,Walk-Out Access
    Interior area
    • Total structure area: 12,606
    • Total interior livable area: 12,606 sqft

    Property

    Parking
    • Parking features: No Garage, Parking Lot, Private, On Street
    Features
    • Patio & porch: Porch
    • Exterior features: Fence, Porch
    • Fencing: Partial
    Lot
    • Size: 0.29 Acres
    • Dimensions: 99 x 126.5
    Details
    • Parcel number: R72052090026
    • Zoning: Residential
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1900

    Utilities & green energy

    • Water: Public
    • Utilities for property: Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: City/Dayton Rev
    Location
    • Region: Dayton

    Financial & listing details

    • Price per square foot: $50/sqft
    • Date on market: 8/29/2025
    • Listing terms: Conventional
    • Tenant pays: Electricity, Gas, Heat
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    8/29/2025Listed for sale$629,999-0.3%$50/sqft
    Source: DABR MLS #942225 Report a problem
    5/20/2025Listing removed$632,000$50/sqft
    Source: DABR MLS #924115 Report a problem
    5/16/2025Price change$632,000-0.2%$50/sqft
    Source: DABR MLS #924115 Report a problem
    4/22/2025Listed for sale$633,000$50/sqft
    Source: DABR MLS #924115 Report a problem
    3/12/2025Pending sale$633,000$50/sqft
    Source: DABR MLS #924115 Report a problem

    Public tax history

    Public tax history
    Tax history is unavailable.

    BuyAbility℠ payment

    Est. payment
    $4,128/mo
    Principal & interest
    $3042
    Property taxes
    $866
    Home insurance
    $220

      Climate risks

      Neighborhood: Old North Dayton

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • District: Dayton

      Source: DABR MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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