NavX Realty
lisa@navxrealty.com559/561 Evergreen Avenue Dayton, OH 45402
3 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 949256
Bedrooms 3
Full Baths 2
Year Built 1929
Annual Tax Amount $810
Lot Dimensions 40X89
Property Sub-Type 2-4 Units
Property Description
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.
Location
State OH
County Montgomery
Zoning Residential
Rooms
Basement Partial
Interior
Interior Features Gas Water Heater, High Speed Internet, Paddle Fans, Smoke Alarm(s)
Heating Forced Air
Cooling None
Exterior
Exterior Feature Porch
Parking Features None
Utilities Available 220 Volt Outlet, City Water, Storm Sewer
Building
Structure Type Frame
Schools
School District Dayton
- 4
Blairwood Elementary School
Public | PK - 6
- 4
Klepinger Community School
Public | KG - 8
- 3
Richard Allen Academy II
Public | 2 - 6
- 3
Summit Academy Community School - Dayton
Public | KG - 8
- 3
River's Edge Montessori Pre-K-6 School
Public | PK - 6
- 2
Belle Haven PreK-6 School
Public | PK - 6
- 2
World of Wonder PreK-6 School
Public | PK - 6
- 2
Valerie PreK-6 School
Public | PK - 6
- 2
Edison PreK-6 School
Public | PK - 6
- 1
Westwood PreK-6 School
Public | PK - 6
- 1
Fairview PreK-6 School
Public | PK - 6
- 1
Dayton Boys Preparatory Academy
Public | PK - 8
- 1
Louise Troy PreK-5 School
Public | PK - 5
- 1
Dayton Leadership Academies-Dayton View Campus
Public | KG - 8
- 0
Gardendale Academy
Public | 1 - 12
- 0
Miami Valley Family Care Center
Private | PK - KG
- 0
Rosa Parks Pre-K-8 School
Public | PK - 8
- 0
Rosa Parks Early Learning Center
Public | PK - KG
- 0
Gorman School @ Jackson Center
Public | PK - 8
- 0
Steam Academy of Dayton
Public | KG - 8
- 4
Richard Allen Academy
Public | 7 - 8
- 2
Edwin Joel Brown Middle School
Public | 7 - 8
- 1
Wogaman Middle School
Public | 7 - 8
- 0
Miami Valley Ctc Alternative
Public | 8 - 12
- 3
David H. Ponitz Career Technology Center
Public | 9 - 12
- 1
Thurgood Marshall High School
Public | 9 - 12
- 1
Dunbar High School
Public | 9 - 12
- 0
Mound Street It Careers Academy
Public | 9 - 11
- 0
Mound Street Military Careers Academy
Public | 9 - 12
- 0
Mound Street Health Careers Acadmy
Public | 9 - 11
- 0
Life Skills Center of Dayton
Public | 9 - 12
- 0
Chaminade Julienne High School
Private | 9 - 12
NavX Realty
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