Listed price in listed location currency (USD).
$160,000

620

MLS® 965740

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 2696 sqft
Garage No
Taxes 
Days Active 0
Lot Size 0.09920000284910202 Acres
Approx. Age 1913
Avg. Price Per Sqft $59
MLS® Number 965740

Property Address: 114-116 Ridge Avenue, Dayton, OH, 45405

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity at 114–116 Ridge Avenue! This updated side-by-side duplex features two spacious 3-bedroom, 1-bath units. Unit 114 is currently rented for $795 per month, while Unit 116 is vacant and available for showings or immediate lease-up. Estimated market rent is approximately $1, 100 per unit, offering potential gross rental income of $2, 200 per month. Approximately $40, 000 in total improvements have been completed, including new furnaces in both units, remodeled interiors, updated electrical and plumbing, and new attic insulation. Interior updates include flooring, paint, kitchen countertops, light switches, hinges, tubs, vanities, and toilets. Both units also feature relatively new appliances. A new roof was installed in 2024 (not included in listed financial improvements). With one occupied unit providing immediate income, one vacant unit ready for placement, and substantial improvements already completed, this duplex offers an attractive combination of cash flow and additional rental upside for its next owner.
MLS® Number965740
Laundry Level
Central VacNo
FireplaceNo
Acreage0.0992
Exterior
GarageNo
Approx. Age1913
BasementOther
DrivewayNo Garage
Garage Spaces
HeatForced Air, Gravity
A/COther

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 3, 2026List Date
$160,000List Price
  • Commute

Commute

Starting Address
Destination Address
114-116 Ridge Avenue, Dayton, OH

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