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151 Grove Avenue #151, 
Dayton, OH 45404

$629,999


21

Beds


7

Baths


12,606

Sq Ft


Multi-Family

Active

Listed by

Stephen S Payne

Keller Williams Community Part

937-530-4904

Last updated:

September 1, 2025, 03:17 PM

MLS#

942225

Source:

OH DABR

About This Home

151 Grove Avenue #151

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.

Home Facts

Multi-Family

7 Baths

21 Bedrooms

Built in 1900

Price Summary

629,999

$49 per Sq. Ft.

MLS #:

942225

Last Updated:

September 1, 2025, 03:17 PM

Added:

4 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

21

Bathrooms

Total Bathrooms:

7

Full Bathrooms:

7

Interior

Living Area:

12,606 Sq. Ft.


Structure

Structure

Building Area:

12,606 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

12,632


Finances & Disclosures

Finances

Price:

$629,999

Price per Sq. Ft:

$49 per Sq. Ft.

Source:OH DABR
The information being provided by Dayton Area Board of Realtors is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Dayton Area Board of Realtors All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.