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559/561 Evergreen Ave, Dayton, OH, 45402

3beds
2baths
--sqft
$107,400
--price/sqft
$1,117/moest. monthly cost
$44,680/yrincome needed

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.

Getting Around

34
WalkingCar-Dependent
0
TransitVery Limited Transit
76
BikeVery Bikeable

Schools

4/10
Westwood Pre-K-8 SchoolGrades PK-60.6 mi
3/10
Wogaman Middle SchoolGrades 7-81.7 mi
2/10

Construction

Condition

  • Year built: 1929

Materials

  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Refrigerator,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Ceiling Fan(s),High Speed Internet
  • Window features: Wood Frames

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Property

Details

  • Parcel number: R72 12207 0005
  • Zoning: Residential
  • Zoning description: Residential

Features

  • Patio & porch: Porch
  • Exterior features: Porch

Lot

  • Lot size: 3,560 sqft
  • Lot size dimensions: 40 x 89

Parking

  • Parking features: Driveway,No Garage