USAOHTroyTroy601 E Canal St
Listing image | Image 1

601 E Canal St, Troy, OH

House

Other

Listed price in listed location currency (USD).
$185,000

422

MLS® 958891

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1618 sqft
Garage Yes
Taxes 
Days Active 35
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $114
MLS® Number 958891

Property Address: 601 E Canal St, Troy, OH, 45373-3620

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

Description

Turn-key investment opportunity in the highly sought-after Troy school district—this one checks all the boxes. The heavy lifting is already done. Major mechanical updates include newer furnaces and electrical panels (2013), plus a brand-new furnace and garage door opener installed in 2026. Big-ticket items? Handled. Interior updates? Covered. Both units feature fresh flooring and paint (2025–2026), giving you a clean, modern feel that tenants love. The lower unit is a spacious 3-bedroom, 1-bath layout renting at $1, 300/month, complete with washer and dryer hookups—a major tenant draw. Lease in place through January 2027 provides immediate, stable income. Upstairs, the 1-bedroom, 1-bath unit brings in $650/month and features newer LVP flooring (2026) and a remodeled kitchen (2022), offering low-maintenance ownership and strong rental appeal. Here’s where it gets interesting—rents are currently under market, leaving room for upside and increased cash flow. Even better, the layout allows for a potential conversion back to a single-family home, opening the door for resale or owner-occupant strategies. Outside, you’ll find a 2-car detached garage, a large fenced yard, and low utility burden with water and sewer averaging around $100/month. Looking to scale? This property can be packaged with 121–121.5 S. Roosevelt Ave in Piqua for a strong multi-property investment play. Opportunities like this—updated, income-producing, and value-add ready—don’t sit long.
MLS® Number958891
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1920
BasementPartial, Unfinished
DrivewayDriveway, Detached, Garage, Two Car Garage, Public, On Street
Garage Spaces
HeatForced Air, Natural Gas
A/CWindow Units

Extras

Price History

-End Date
Not Sold YetSold Price

Other

May 14, 2026List Date
$185,000List Price
  • Commute

Commute

Starting Address
Destination Address
601 E Canal St, Troy, OH

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