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559/561 Evergreen Avenue, Dayton, OH 45402

$107,400
  • 559/561 Evergreen Avenue, Dayton, OH 45402 Main Photo

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Active
BEDS3 BATHS2 full MLS#949256
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLDayton

Property 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 handledTenants pay for all electric, lowering operating costsExpandable layout: unfinished basement offers opportunity to add a 3rd unit or additional living spaceFlexible floor plan allows easy conversion back to a single-family homeGreat 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.Sold As-Is.

559/561 Evergreen Avenue | MLS# 949256

This multi-family property located at 559/561 Evergreen Avenue, Dayton, OH 45402 is currently listed for sale with an asking price of $107,400. 559/561 Evergreen Avenue is located within the Dayton school district. Search Dayton real estate on www.wright-patt.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Cooling: None
Heating: Forced Air
Lot Size: 0.08 Acres
Taxes: $810
Year Built: 1929

Feature Descriptions

Appliance Features: Refrigerator
Basement Features: Partial
Days on Site: 168
Exterior: Frame
Lot Dimensions: 40X89
Outside Features: Porch
Utilities: 220 Volt Outlet, Public Water, Storm Sewer

Local Schools

School District: Dayton

Listed By / Shown By

Listed By

Agency Name: RE/MAX Victory + Affiliates
Agency Phone: (937) 458-0385

Shown By

Agency Title: Wright Patt Realty
Agency Phone: 937-427-3662

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Estimate Your Payment

Estimated Payment

$ 337.85 per month $239.03 Principal & Interest $67.50 Property Tax $31.33 Homeowner's Insurance

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