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559/561 Evergreen Avenue

Dayton, OH 45402
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$107,400 $452/Mo
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Bed 3

Bed

Bath 2

Bath

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 sol id 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $107,400

AD Id : 70832037

MLS Id : 949256

Beds : 3

Year Built : 1929

County : Montgomery

Subdivision: Valley Cove

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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Has Basement: Yes Basement: Partial

  • Interior Features

    Ceiling Fan(s), High Speed Internet Appliances: Refrigerator, Gas Water Heater Window Features: Wood Frames

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Cooling: None, Ceiling Fan(s)

  • Building Information

    Year Built: 1929 Construction Materials: Frame Patio And Porch Features: Porch Private Pool: No

  • Lot Information

    Lot Dimensions: 40X89 Lot Size Source: Assessor

  • Listing Price Information

    Listing Price: $107400 Original Price: $120000 Conventional

  • Tax Information

    Parcel Number: R72 12207 0005 Tax Legal Desc: 50104

  • Parking Information

    Driveway, No Garage

  • Utility Information

    Water Available

  • Location Information

    WaterSource: Public Security Features: Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
39 Henry Street, Dayton, OH, 45402 $229,900 2 2 1,246 1,246 SqFt
65 Green Street, Dayton, OH, 45402 $375,000 3 2 1,902 1,902 SqFt
28 S Patterson Boulevard, Dayton, OH, 45402 $489,000 3 4 1,824 1,824 SqFt
127 N Patterson Boulevard, Dayton, OH, 45402 $375,000 2 3 1,845 1,845 SqFt
207 N Patterson Boulevard, Dayton, OH, 45402 $325,000 2 2 1,216 1,216 SqFt
121 Lowe Lane, Dayton, OH, 45402 $550,000 3 4 2,468 2,468 SqFt
121 Lowe Lane, Dayton, OH, 45402 $550,000 3 4 2,468 2,468 SqFt
125 Lowe Lane, Dayton, OH, 45402 $559,000 3 4 2,404 2,404 SqFt
1042 W 2nd Street, Dayton, OH, 45402 $250,000 4 2 1,488 1,488 SqFt
115 N Williams Street, Dayton, OH, 45402 $275,000 3 2 1,214 1,214 SqFt

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The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Dayton REALTORS®. IDX information is provided exclusively 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 purchasing. Information deemed reliable but not guaranteed. Copyright © 2026 Dayton REALTORS®. All rights reserved.

ByOwner last updated this listing 07/27/2026 @ 07:03

MLS: 949256 LISTED BY: Kimberly Wattermann, RE/MAX Victory + Affiliates 937-458-0385 SOURCE: Dayton REALTORS

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