45409 Ohio Multi-Family Homes for Sale

Fully leased 14-unit townhome portfolio in Kettering, located near the Oakwood border. Offered as one investment, the portfolio includes three residential buildings. Current rents average approximately $250 per unit below estimated market rents ($42,000 per year), providing meaningful potential for future rent growth. All units feature two-bedroom floor plans with distinctive layouts. Twelve townhomes showcase a beautiful spiral staircase—a striking architectural feature rarely found in rental properties—and include one full bath and two half baths. Two garden-style units offer single-level living with two full baths. Kitchens include a range, refrigerator, dishwasher and disposal. Eight units provide in-unit washer and dryer hookups. The community laundry room features three leased, coin-operated washer-and-dryer units that will convey with the property. Tenants pay gas and electric. Parking includes 14 covered carport spaces and five uncovered spaces in the rear lot. The property has received substantial improvements within the past five years. Seven units have been fully renovated and four partially renovated. The rear lot and covered parking areas received asphalt improvements in September 2023. Decks were rebuilt at Units 2177 and 2183, and deck stairs at Unit 2179. New HVAC systems were installed in Units 2171, 2183 and 2191. Plumbing improvements include individual main water shutoff valves in every unit and new building water-main shutoff valves in the pit. Additional updates include water heaters, appliances, toilets, faucets, sinks and fixture shutoff valves. This is an opportunity to acquire a stabilized, income-producing portfolio with distinctive townhome residences and significant rental upside near Oakwood. Financial information is available to qualified prospective purchasers upon execution of a purchase contract. Net Operating Income = TTM: $100,612, 2025: $100,262 Please do not disturb tenants. Showings by appointment only.

2167 W Schantz Avenue, Kettering

Courtesy of Todd Duplain and Ascent Real Estate Advisors

$375,000

8 Beds ⋅ 4 Baths ⋅ 966987 MLS

Kettering investment opportunity! 4 townhome style units containing 2 bedrooms and 1 bath each, with private full basement in each for washer/dryer hook-ups. Separate electric and gas meters! Two of the units are rented out to long term tenants at $1,075 and $1,025. The other two units were used as furnished short-term/midterm rentals. The furniture can convey in those units if desired. Close access to University of Dayton, downtown, and so much more! Reach out for any questions/walk-throughs.

2436-2442 S Dixie Avenue, Dayton

Courtesy of Tyler Everidge and eXp Realty

$775,000

4 Beds ⋅ 2 Baths ⋅ 966930 MLS

This is an opportunity to own UD Housing Duplex with Gross income $70,000 to $80,000 a year. This property has been meticulously maintained and in the heart of the UD Campus. Walk to all eateries, shops and 2 blocks to UD. Owned for many years and is an UD favorite. The College students call it "The Barn" Fully furnished including washer and dryers. New LVP Flooring, New Carpet Upstairs, Updated baths, Roof less than 10 years, New Ac Units within the last 3 years, and much more. Call Listing agent for showing details and more information. Property Management is Available.

61-63 Chambers Street, Dayton

Courtesy of Polly Mobbs and BHHS Professional Realty

$255,000

4 Beds ⋅ 2 Baths ⋅ 964698 MLS

Well maintained and spacious side-by-side duplex offering great potential. Each unit offers 2 bedrooms, 1 bath, walk in closet, living room, dinning room, kitchen and laundry room. Notable updates include A/C, furnace, water heater, and roof all within the last five years, along with fresh paint. Unit 1575 pays $1050/ mo lease expiring at the end of September of 2026.

1575 Bowman Avenue, Kettering

Courtesy of Austin R Castro and Coldwell Banker Heritage

Selling Office: Coldwell Banker Heritage.

$350,000

7 Beds ⋅ 5 Baths ⋅ 961403 MLS

This unique 4-unit property offers a diverse unit mix to maximize rental appeal, featuring an efficiency apartment, two 2-bedroom units, and one oversized 3-bedroom, 2-bath unit. Each apartment includes its own one-car garage, providing added value for tenants. The property has been thoughtfully designed to minimize shared walls, offering enhanced privacy and functionality for each resident. All units come equipped with a range and refrigerator. A shared laundry room is available for tenant use, while the 3-bedroom unit also features its own washer and dryer hookups. The property currently generates strong rental income with the 3-bedroom unit rented at $1,150 per month, the 2-bedroom units combined monthly rent is $1775. The studio apartment is currently vacant and actively listed for rent at $750 per month, offering immediate upside for a new owner. Whether you're looking to expand your investment portfolio or purchase a property with immediate cash flow and additional income potential, this well-maintained multi-family property is an excellent opportunity.

1266 Westcliff Court, Kettering

Courtesy of Andrew J Wertz and Wertz Realty Inc.

Selling Office: Wertz Realty Inc..

$390,000

8 Beds ⋅ 4 Baths ⋅ 961422 MLS

Excellent investment opportunity! This well-located 4-unit apartment building features four 2-bedroom, 1-bath units. Low vacancy history and a desirable location close to shopping, dining, and major roadway. This property is ideal for investors looking to expand their portfolio or generate steady rental income. Don't miss the chance to own a multi-family property in one of the area's most sought-after locations.

1267 Westcliff Court, Kettering

Courtesy of Andrew J Wertz and Wertz Realty Inc.

Selling Office: eXp Realty.

$319,000

4 Beds ⋅ 4 Baths ⋅ 957472 MLS

Well maintained 4 unit, multi-family residence in Kettering, fully occupied. All interior walls of exterior sides reframed for added insulation. All cabinets, closets, backsplashes updated. Exterior fascia, soffit, trim and gutters recently painted. Roof new in 2018. Kettering school district near Carillon Park, Hills and Dales Metro park and many local restaurants and shopping centers. Laundry hookups in common area for each individual unit. Building is smoke free. Owner pays for trash service and water. Tenant pays electric. Current rents 750-820.

1524 Glenbeck Avenue, Kettering

Courtesy of Joan Elflein and Ohio Broker Direct

Selling Office: Coldwell Banker Heritage.

$455,000

4 Beds ⋅ 3 Baths ⋅ 957142 MLS

This outstanding duplex sits on an elevated lot with spectacular, uninterrupted views of the Dayton Country Club golf course. The peaceful location belies the convenience for Downtown Dayton, University of Dayton, major hospitals, retail, highways and recreation. each of the 1,100 Sq. Ft. main floors is flooded with natural light and the living rooms on both sides have cozy, gas log fireplaces (not warrantied). Both sides have spacious, finished basements offering flexible living spaces plus laundry rooms and plenty of room for storage. 1169 has a screened porch overlooking the back yard and a 1/2 Bathroom in the basement. There is a toilet in the basement of 1165, easily upgraded to a 1/2 or full bath. Each unit has its own parking spot in the attached garage and room for a second car in front of the garage. The seller lived in 1169 for many years and has always proper maintenance throughout the property. 1169 was recently vacated by a tenant ($2,000 pm) and the lease on 1165 ends Mid-May ($1,750 pm) allowing the new owner to set their own rent and conditions. Tenants are responsible for all utilities including water and trash removal. Owner maintained landscaping and snow removal. The interior of 1169 is newly painted. The roof is about 5 years old. This is a special property for an owner/landlord or as an excellent rental.

1169 Waving Willow Drive, Dayton

Courtesy of Peter Davies and Irongate Inc.

Selling Office: Ownerland Realty, Inc..

$315,000

4 Beds ⋅ 4 Baths ⋅ 954105 MLS

Turnkey 4-unit investment opportunity in a highly desirable Kettering location just minutes from downtown Dayton and within walking distance to Community Park. This brick multifamily offers a strong blend of location, updates, and long-term rental appeal. The property features four well-maintained units with recent updates, providing a move-in ready opportunity for investors looking to generate immediate rental income. Several units have been refreshed, helping attract quality tenants while minimizing near-term capital expenditures. Tenants benefit from garages, off-street parking, and a highly walkable neighborhood close to parks, shopping, restaurants, and major employment centers. The proximity to downtown Dayton and the surrounding Kettering amenities makes this a consistently desirable rental area. Whether you're looking to expand your portfolio or secure a stable multi-family asset in a strong submarket, this property checks the boxes with location, updates, and long-term upside. Owner has done updates such as light fixtures, and updating unit A and C.

1588 Glenbeck Avenue, Kettering

Courtesy of Spencer Maxwell and Bridgestream Realty

Selling Office: eXp Realty.

$155,000

6 Beds ⋅ 2 Baths ⋅ 946810 MLS

Spacious side-by-side duplex with great potential for owner-occupants or investors. Each unit offers 3 bedrooms, 1 bath, a walk-up attic, living room, dining room, and a large eat-in kitchen. Both units share the same layout. One side needs significant rehab, while the other requires mainly cosmetic updates. Major systems have been updated, including HVAC, water heaters, and electric panels. Roof is approximately 10 years old. Detached 2-car garage. Strong income potential or perfect opportunity to live in one side and rent the other.

1473 Constance Avenue Unit 1481, Dayton

Courtesy of David M Jenks and Glasshouse Realty Group

Selling Office: eXp Realty.

$1,195,000

2 Beds ⋅ 2 Baths ⋅ 931569 MLS

Presenting a rare chance to acquire 8 highly sought-after 2-bedroom, 2-bathroom units, just steps away from the renowned Kettering Health Main Campus. This prime location offers significant appeal to medical professionals and healthcare workers, making it an ideal investment in a thriving market. Each spacious unit boasts approximately 1,200 square feet of living space, featuring updated kitchens, expansive bedrooms, formal dining areas, and large balconies with stunning views. Additionally, each unit includes a tandem 2-car garage, adding convenience and value for tenants. With a perfect blend of proximity to Kettering Hospital and desirable amenities, this opportunity is not to be missed! Whether you're looking to expand your portfolio or tap into a high-demand rental market, these units offer exceptional potential for steady rental income and long-term growth. Don’t wait – seize this investment opportunity today!

3421 Southdale Drive, Dayton

Courtesy of Mellissa Andre and Bridgestream Realty

Selling Office: Coldwell Banker Heritage.

$1,000,000

12 Beds ⋅ 8 Baths ⋅ 925435 MLS

Under contract to purchase already at time of listing. Two units now vacant. Operating fixes are approximate and were based on actual rent for two units along with detached garage (leased separately) and using last known rent rate of two vacant units.

121 E Schantz Avenue, Oakwood

Courtesy of Daniel V Zimmer and Home Site Realty

Selling Office: Coldwell Banker Heritage.

$301,500

4 Beds ⋅ 4 Baths ⋅ 891015 MLS

Great opportunity to own this well maintained brick 4 unit building in Kettering. Each unit has 1 bedroom and 1 bath. Garages below the units. Rents range from $590-$770.

1580 Glenbeck Avenue, Dayton

Courtesy of Marc Broomhall and BH&G Real Estate Big Hill

Selling Office: Bella Realty Group.

$315,000

4 Beds ⋅ 4 Baths ⋅ 914160 MLS

Brick 4 unit apt building close to shopping and transportation. These one bedroom units will give the new owner great flexibility to control there leases and rents. Units 1 and 4 can be shown and are vacant. Unit two and three will be shown upon a accepted offer. The units are bringing in $1105/ month and are on month to month leases as both are long term tenants. 2023 expenses are: Water 842.73, gas 1394.27, water 561.85, trash 978.46 and mics maintenance 2274. Updates include electric service, roof in 2023, fire proof accessed doors from garage, and two radon mitigation systems, newer insulated windows. There are two 2 car garages

1549 Old Lane Avenue, Kettering

Courtesy of Ralph M Mantica and Kinzeler Realty, LLC

Selling Office: Glasshouse Realty Group.

$555,000

5 Beds ⋅ 4 Baths ⋅ 889066 MLS

Introducing a remarkable four Plex property that offers a unique blend of spaciousness, convenience, and optimal investment potential. This stunning four Plex features five bedrooms and four baths, providing an abundance of living space for residents to enjoy. With its detached four-car garage, this property not only offers ample parking space but also ensures privacy and convenience for tenants. Priced attractively at $635,000, this fully rented four Plex presents a promising opportunity for investors seeking a lucrative income stream. With all units currently occupied through DEC OF 2024, this four Plex guarantees immediate rental income. Whether you're a seasoned investor or looking to start your real estate portfolio, this fully rented property offers an enticing proposition in terms of both financial stability and potential growth. Don't miss the chance to acquire this exceptional four Plex investment opportunity.

3048 Southdale Drive, Dayton

Courtesy of Tom Kretz and Irongate Inc.

Selling Office: Bill Lee & Associates Inc..

$119,900

4 Beds ⋅ 3 Baths ⋅ 903974 MLS

This 3 unit property is perfect for investors and in the heart of Dayton near Miami Valley Hospital and the University of Dayton. 1900 square feet. 1 unit boasts 2 bedrooms and 1 bath along with a large kitchen and living room area providing the tenant with a spacious and comfortable living space. the 2nd unit is humble and practical providing the tenant with a kitchen, spacious bedroom, and full bath. The 3rd unit provides the tenant with a well maintained kitchen and bedroom. Additionally there is a private fenced lot in the back that leads to a nice 2 car garage. This home has new windows, new gutters, and new siding to the home along with the garage in 2020. Your buying agent will have access to the attached document to see the specific work done/cost. The big expenses are all done for you! It is basically turn key unless you want to add any personal touches. This is your chance to diversify and expand your investment portfolio with this 3 unit home. This property is tenant occupied and all 3 tenants are on a month to month lease.

115-117 E Foraker Street, Dayton

Courtesy of Veronica Kiefaber and Howard Hanna Real Estate Serv

Selling Office: Plum Tree Realty.

$190,000

6 Beds ⋅ 2 Baths ⋅ 904256 MLS

Large three bedroom per side duplex in a great location close to Miami Valley Hospital and University of Dayton. One side is currently rented for $995 and the other side, #40 Vine St, is rented for $1500 including utilities. Both sides have new outside air conditioning units in August 2023, and one new furnace in 2018 and the other was just installed January 2024. The roof has been replaced recently and additional upgrades have been completed on both sides. One side is students from UD. The property would make a great owner occupied property, or a great investment that meets the 1% rule. The area continues its' revitalization which will be perfect for a buyer to capitalize on the opportunity.

38 Vine Street Unit 40, Dayton

Courtesy of Charles R Quinn and Comtech Realty LLC

Selling Office: RE/MAX Victory + Affiliates.

$295,000

8 Beds ⋅ 4 Baths ⋅ 913811 MLS

Attention Investors! This 4 unit 2 bdrm, 1 bath 2 story is a nice clean building. 2 Units currently rented 2 vacant and available to show. Each unit has Ref & Stove. Full unfinished basement with washer/dryer hookup for each unit. Hardwood floors, double pane windows. On street parking which is the side street on Bowman. Tenant pays Elec/Gas, owner pays W/ S/T.

2436-2442 S Dixie Drive, Kettering

Courtesy of Alex Schafers and RE/MAX United Associates

Selling Office: eXp Realty.

$305,000

1 Beds ⋅ 1 Baths ⋅ 917858 MLS

Brick multifamily with 4 1 bedroom, 1 bath units and 4 car garage in West Kettering close to park and golf course. Rents are all month-to month. Current rents range from $540 to $565. Tenants pay their own utilities except water. Each unit has their own gas furnace and water heater in the basement. along with their own laundry hookups. Units have long term tenants, and are easy to rent when necessary .Roof on building was put on 2014. Electrical has been updated too.

1460 Glenbeck Avenue, Dayton

Courtesy of Guy M Roth and BH&G Real Estate Big Hill

Selling Office: Glasshouse Realty Group.

$290,000

4 Beds ⋅ 1 Baths ⋅ 917860 MLS

Brick multifamily with 4 1 bedroom, 1 bath units and 4 car garage in West Kettering close to park and golf course. All rents are month to month. Coin-op laundry in basement. Each unit has their own gas furnace and water heater. Electrical has been update too. Tenants pay their own utilities except water. Rents range from $505 to $540. Long term tenants, and easy to rent when necessary. Roof on building 2015. Roof on garage 2021.

1412 Glenbeck Avenue, Dayton

Courtesy of Guy M Roth and BH&G Real Estate Big Hill

Selling Office: Glasshouse Realty Group.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors® MLS IDX Database. Real estate listings from the Dayton Area Board of Realtors® MLS IDX Database held by brokerage firms other than eXp Realty are marked with the IDX logo and are provided by the Dayton Area Board of Realtors® MLS IDX Database. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in. Copyright© 2026 Dayton Area Board of Realtors®

45409 Ohio Multi-Family Homes

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45409 Ohio Multi-Family Homes for Sale

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