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559/561 Evergreen Avenue, 
Dayton, OH 45402

$120,000


3

Beds


2

Baths


-

Sq Ft


Multi-Family

Active

Listed by

Kimberly A Wattermann Abr

RE/MAX Victory + Affiliates

937-458-0385

Last updated:

January 1, 2026, 12:16 AM

MLS#

949256

Source:

OH DABR

About This Home

559/561 Evergreen Avenue

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. Sold As-Is.

Home Facts

Multi-Family

2 Baths

3 Bedrooms

Built in 1929

Price Summary

120,000

MLS #:

949256

Last Updated:

January 1, 2026, 12:16 AM

Added:

21 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2


Structure

Structure

Year Built:

1929


Finances & Disclosures

Finances

Price:

$120,000

Source:OH DABR
The information being provided by Dayton Area Board Of REALTORS® Mls 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. © 2026 Dayton Area Board Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.