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559/561 Evergreen Avenue, Dayton, OH 45402

Local realty services provided by:CENTURY 21 DeAnna Realty
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.

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Home facts

  • Year built:1929
  • Listing ID #:949256
  • Added:44 day(s) ago
  • Updated:January 22, 2026 at 05:04 PM

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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