114-116 Ridge Avenue
Dayton, OH 45405
6
Bed
2
Bath
2,696Sqft
4,321Sqft(Lot)
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 impr
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Has Basement: Yes Basement: Other -
Heating & Cooling
Has Heating: Yes Heating: Forced Air, Gravity Has Cooling: Yes Cooling: Other
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Building Information
Year Built: 1913 Building Area Total: 2696 Construction Materials: Aluminum Siding Private Pool: No
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Lot Information
Lot Dimensions: Irregular Dimensions Main Square Feet: 4321 Square Feet Lot Size Acres: 0.0992 Lot Size Source: Assessor Lot Size Square Feet: 4321Property Information
Subdivision: City/Dayton Rev Source Property Type: Residential Income Postal Code Plus 4: 3844 Zoning Description: Residential Property SubType: Multi Family Property Age: 113
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Listing Price Information
Listing Price: $160000
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Tax Information
Parcel Number: R72-06011-0001 Tax Legal Desc: 23886 PT
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Parking Information
No Garage
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 51 Vincent Street, Dayton, OH, 45405 | $40,000 | 4 | 2 | 1,760 | 1,760 SqFt |
| 35 Vincent Street, Dayton, OH, 45405 | $175,900 | 4 | 3 | 2,638 | 2,638 SqFt |
| 117 Elizabeth Street, Dayton, OH, 45405 | $269,900 | 8 | 4 | 5,808 | 5,808 SqFt |
| 603 Rockford Avenue, Dayton, OH, 45405 | $230,900 | 4 | 4 | 5,760 | 5,760 SqFt |
| 615 Rockford Avenue, Dayton, OH, 45405 | $239,900 | 4 | 4 | 4,788 | 4,788 SqFt |
| 416 E Bruce Avenue, Dayton, OH, 45405 | $279,000 | 8 | 4 | 4,590 | 4,590 SqFt |
| 29 Laura Avenue, Dayton, OH, 45405 | $69,900 | 4 | 2 | 1,508 | 1,508 SqFt |
| 152 Santa Clara Avenue, Dayton, OH, 45405 | $264,900 | 8 | 4 | 5,664 | 5,664 SqFt |
| 2662 N Main Street, Dayton, OH, 45405 | $920,000 | 24 | 18 | 17,592 | 17,592 SqFt |
| 325 Fountain Avenue, Dayton, OH, 45405 | $210,000 | 4 | 4 | 4,248 | 4,248 SqFt |
Similar Multifamily To 114-116 Ridge Avenue
Nearby For Sale
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ByOwner last updated this listing 08/06/2026 @ 21:53
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