559/561 Evergreen Avenue, Dayton, OH 45402
Local realty services provided by:CENTURY 21 HomeStar
559/561 Evergreen Avenue,Dayton, OH 45402
$120,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kimberly a wattermann abr(937) 458-0385
Office: re/max victory + affiliates
MLS#:949256
Source:OH_DABR
Price summary
- Price:$120,000
About this home
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.
Contact an agent
Home facts
- Year built:1929
- Listing ID #:949256
- Added:1 day(s) ago
- Updated:December 17, 2025 at 01:54 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
Structure and exterior
- Year built:1929
Finances and disclosures
- Price:$120,000
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