1. Ohio
2. Dayton
3. 151 Grove Avenue 151

151 Grove Avenue 151, Dayton, OH 45404

• 21 beds |
• 7 baths |
• 12,606 sqft

Property 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.

Listing Status:

Active

Date Added:

August 29, 2025 at 05:00AM

Listing Office:

Keller Williams Community Part : (937) 530-4904

Listing Agent:

Stephen S Payne : (937) 776-5640

MLS ID:

942225

Interior

• General: Laminate CountersRemodeled
• Appliances: RangeRefrigerator
• Basement: FullUnfinishedWalk-Out Access
• A/C: Central Air
• Heating: Forced AirNatural Gas

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Stephen S Payne, Keller Williams Community Part