114-116 Ridge Avenue, Dayton, OH 45405
114-116 Ridge Avenue, Dayton, OH 45405
114-116 Ridge Avenue, Dayton, OH 45405
12
$145,000
$160,000
9.4%
Est.Price: ?

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6 BD
2 BA
2,696 SqFt

114-116 Ridge Avenue Dayton, OH 45405

Est. payment /mo
SOLD DATE : 09/16/2026

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David Campbell, Realtor

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Key Details

Sold Price $145,000

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Sold

Purchase Type For Sale

Square Footage 2,696 sqft

Price per Sqft $53

MLS Listing ID 965740

Sold Date 09/16/26

Bedrooms 6

Full Baths 2

Year Built 1913

Annual Tax Amount $1,218

Lot Size 4,321 Sqft

Lot Dimensions Irregular Dimensions

Property Sub-Type 2-4 Units

Property 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.

Location

State OH

County Montgomery

Zoning Residential

Rooms

Basement Other

Interior

Heating Conversion Gravity, Forced Air

Cooling Other

Exterior

Parking Features None

Building

Structure Type Aluminum

Schools

School District Dayton

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Dayton MLS (DTON)
Listed by BHHS Professional Realty
Bought with BHHS Professional Realty

NEARBY SCHOOLS & BUSINESSES

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David Campbell, Realtor

David Campbell, Realtor

Realtor License ID: 394456

+1(937) 266-7064

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