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Seven-Unit Brick Townhouse Property
For Sale
$514,999

151 Grove Avenue, Dayton, OH 45404

ResidentialIncome, Dayton, OH

Property Size12,606 SF
Lot Size0.29 Acres
Price / SF$40.85
Days on Market50

Property Features for 151 Grove Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Residential
Zoning description Residential
Bedrooms 3
Bathrooms 1
Full bathrooms 1
Rooms Basement, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 1
Parking features Garage
Patio and Porch features Porch
Interior features LaminateCounters, Remodeled
Exterior features Fence, Porch
Fencing Fenced
Appliances Range, Refrigerator
Subdivision City/Dayton Rev
Elementary school district Dayton
Middle school district Dayton
High school district Dayton
Standard status Active
APN R72-05209-0026
Size 12,606 SF
Lot size 0.29 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description 17753-54-55 52-9-28,52-9-27
Legal Description 17753-54-55 52-9-28,52-9-27

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 7
Building materials Brick
Buildings 1
Listing Agency: RE/MAX Real Estate Specialists · RE/MAX International
Listed By: Philip L Herman · License #0000248397
Added: Sep 16 Changed: Oct 31 Last Checked: Nov 4 at 7:06AM
MLS# 969165

Copyright © 2026 Dayton Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 7-unit brick multifamily property contains seven three-bedroom, one-bath townhouse apartments within a two-story building. Each residence has its own exterior entrance, while more than half of the units have been remodeled. The property includes central air, forced-air natural gas heat, ranges, refrigerators, porches, and a fenced exterior. A full unfinished walkout basement provides 2,600 square feet of additional storage and connects with the rear yard and parking areas.

Built in 1900, the property occupies 0.29 acres and includes 12,606 square feet of building area. Residential zoning supports its existing multifamily use. The site is at 151 Grove Avenue in Dayton, near downtown Dayton and Dayton Children's Hospital, with public water service and garage parking.

Key Highlights

  • 7‑unit multifamily property with seven 3‑bedroom, 1‑bath townhouse apartments
  • 12,606 square feet on 0.29 acres
  • Brick two‑story construction completed in 1900

Property Analytics

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Lease Details

7
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

821
Businesses Nearby

Demographics for 45404, OH

10,730
Population
4,846
Households
2.2
Avg Household Size
35
Median Age
9%
College-Educated
84%
High-School Grad
7.6 sq mi
ZIP Area
1,412
Density / Sq Mi
$35,286
Median Household Income
$22,529
Median Earnings
$871
Median Rent
$82,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Two-story residential income property with remodeled apartments, private entries, basement storage, and off-street parking.
Where is this apartment building located?
The property is located at 151 Grove Avenue Dayton, OH.
What is the asking price?
The asking price for this property is $514,999.
What are key features of this property?
This property features: 7‑unit multifamily property with seven 3‑bedroom, 1‑bath townhouse apartments; 12,606 square feet on 0.29 acres; Brick two‑story construction completed in 1900
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