559/561 Evergreen Avenue Dayton, OH 45402
$107,400
MLS# 949256
0
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More About 559/561 Evergreen Avenue
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 solid 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.
Connect with a loan officer to get started!
Information Refreshed: 7/09/2026 3:52 PM
Property Details
MLS#:
949256Type:
Multi FamilyCounty:
MontgomeryAge:
97Construction:
FrameCooling:
NoneInside Features:
Ceiling Fans, High Speed InternetLot Description:
40X89School District:
Dayton City
This listing courtesy of Kimberly Wattermann (937) 271-2832 , RE/MAX Victory + Affiliates (937) 458-0385
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