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121 S Roosevelt Avenue, 
Piqua, OH 45356

$130,000


4

Beds


2

Baths


1,724

Sq Ft


Multi-Family

Active

Listed by

Eric T Berger

Keller Williams Home Town Rlty

937-890-9111

Last updated:

May 19, 2026, 02:59 PM

MLS#

959192

Source:

OH DABR

About This Home

121 S Roosevelt Avenue

Located in the heart of Piqua, this cash-flowing duplex is the kind of opportunity investors are always hunting for—but rarely find with this level of stability and return. The numbers speak loud and clear: an impressive 11.01% cap rate backed by solid rents. Upstairs tenant signed a fresh 1-year lease in January 2026 and the downstairs is month to month, giving you immediate, reliable income from day one. The lower unit offers a spacious 2-bedroom, 1-bath layout, currently rented at $925/month. It’s supported by major mechanical updates including a furnace, water heater, and updated electrical panels with new service entry cable (2014)—the kind of improvements that protect your bottom line. Upstairs, the 1-bedroom, 1-bath unit brings in $650/month and has been freshly updated in 2026 with new paint and durable LVP flooring, making it an attractive and low-maintenance space for tenants. This unit also benefits from updated furnace and water heater (2014). Outside, a new garage roof in 2025 adds yet another layer of value and peace of mind. This is what smart investing looks like—strong returns, updated systems, and locked-in income. Whether you're building your portfolio or adding a high-performing asset, 121 S Roosevelt Ave delivers the kind of cash flow that makes a difference. For investors looking to scale, this property can also be purchased as a package deal with a companion property located at 601 E Canal St. in Troy, offering an excellent opportunity to expand your portfolio with multiple income-producing assets. AS-IS OFFERS ONLY!

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1920

Price Summary

130,000

$75 per Sq. Ft.

MLS #:

959192

Last Updated:

May 19, 2026, 02:59 PM

Added:

5 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,724 Sq. Ft.


Structure

Structure

Building Area:

1,724 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

8,276


Finances & Disclosures

Finances

Price:

$130,000

Price per Sq. Ft:

$75 per Sq. Ft.

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.