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1309 Salem Avenue

Dayton, OH 45406

$475,000 $2,002/Mo

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Overview

Bed

Bath

Description

Solid multifamily investment opportunity featuring 8 total units across two separate buildings, each offering 4 units, conveniently located in Dayton. This setup provides operational flexibility and diversified risk with two structures on one investment. The property offers strong rental demand given its proximity to major roadways, employment centers, shopping, and public transportation. Ideal for investors looking to add cash-flowing multifamily assets to their portfolio or execute a value-add strategy through renovations and rent optimization. With multiple income streams and a proven multifamily layout, this property is well-suited for both seasoned investors and those looking to scale into larger residential holdings.

Property Details

Property Type : Residential Income

Price : $475,000

AD Id : 75205929

MLS Id : 951797

Beds : 16

Year Built : 1947

County : Montgomery

Subdivision: None Available

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 16

Bathroom Information

Total Baths: 8 Full Baths: 8

Room Information

Has Basement: Yes Basement: Full, Unfinished
Interior Features

Appliances: Dryer, Washer, Gas Water Heater
Heating & Cooling

Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Window Unit(s)

Building Information

Year Built: 1947 Construction Materials: Brick, Frame Private Pool: No

Lot Information

Lot Dimensions: Irregular Lot Size Source: Assessor

Property Information

Subdivision: City/Dayton Rev Source Property Type: Residential Income Postal Code Plus 4: 4937 Zoning Description: Residential Property SubType: Multi Family Property Age: 79

Listing Price Information

Listing Price: $475000 Original Price: $550000 Conventional

Tax Information

Parcel Number: R72-06911-0004 Tax Legal Desc: 30955 PT 30956 * PT VAC ALLEY 69-11-52,69-11-51

Parking Information

No Garage, Parking Lot

Utility Information

Natural Gas Available, Sewer Available, Water Available
Location Information

WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
20 Wroe Avenue, Dayton, OH, 45406	$90,000	6	2	2,648	2,648 SqFt
46 Richmond Avenue, Dayton, OH, 45406	$195,000	4	2	2,744	2,744 SqFt
804 Harvard Boulevard, Dayton, OH, 45406	$99,000	6	2	2,796	2,796 SqFt
817 Harvard Boulevard, Dayton, OH, 45406	$84,900	6	2	2,812	2,812 SqFt
910 Harvard Boulevard #.., Dayton, OH, 45406	$79,000	6	2	3,353	3,353 SqFt
468 Allwen Drive, Dayton, OH, 45406	$125,000	4	2	2,436	2,436 SqFt
466-468 Allwen Drive, Dayton, OH, 45406	$125,000	4	2	2,436	2,436 SqFt
1863-1865 Emerson Avenue, Dayton, OH, 45406	$165,000	6	2	1,956	1,956 SqFt
714 Mccleary Avenue #716, Dayton, OH, 45406	$64,900	6	2	2,336	2,336 SqFt
3558 Stanford Place, Dayton, OH, 45406	$260,000	8	4	5,908	5,908 SqFt

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ByOwner last updated this listing 06/12/2026 @ 09:15

MLS: 951797 LISTED BY: Spencer Maxwell, Bridgestream Realty 517-270-9907 SOURCE: Dayton REALTORS