116 Bellaire Avenue
Dayton, OH 45420
4
Bed
2
Bath
1,725Sqft
13,003Sqft(Lot)
Turnkey Duplex Investment at 116 Bellaire Ave. This income-producing property offers immediate cash flow with a 7.3% cap rate (professionally managed) and an 8.8 GRM. The 1,725 sq ft building features two fully leased 2-bed, 1-bath units generating $1,750/month ($850 lower/$900 upper). Tenants pay their own utilities, owner covers water/trash ($100/mo) and low annual taxes of $1,988. Each unit includes spacious living/dining areas and full basement access with laundry. Major capital improvements include a new roof (2025), concrete entrance steps (2026), main plumbing stack/sewer line replacement (2022), and upper-unit cosmetic/bathroom updates (2022). Includes a detached 2-car garage. Prime rental location just 1 mile from the University of Dayton, Miami Valley Hospital, and Brown Street d
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Has Basement: Yes Basement: Full, Unfinished -
Heating & Cooling
Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1945 Building Area Total: 1725 Construction Materials: Brick Private Pool: No
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Lot Information
Lot Dimensions: 51x124x76x129 Main Square Feet: 13003 Square Feet Lot Size Acres: 0.2985 Lot Size Source: Assessor Lot Size Square Feet: 13003Property Information
Subdivision: City/Dayton Source Property Type: Residential Income Zoning Description: Residential Property SubType: Duplex Property Age: 81
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Listing Price Information
Listing Price: $185000
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Tax Information
Parcel Number: R72-13911-0018 Tax Legal Desc: 63313-14 PTS 139-11-20,21,23
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Parking Information
Driveway, Detached, GarageGarage Information
Has Garage: Yes Garage Space: 2
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3024 S Smithville Road, Dayton, OH, 45420 | $220,000 | 4 | 3 | 1,820 | 1,820 SqFt |
| 405 E Gunckel Street, Dayton, OH, 45420 | $155,000 | 6 | 2 | 2,652 | 2,652 SqFt |
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ByOwner last updated this listing 07/19/2026 @ 16:06
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