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$550,000

  • For Sale
  • Active
  • Multi-Family
  • 16 Total Beds
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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.

Full Property Details for 1309 Salem Ave

General

  • Price: $550,000
  • Status: Active
  • Type: Multi-Family
  • Source: 506
  • MLS ID: 951797
  • Updated: 2/10/2026
  • Added to Site: 19 day(s) ago

Interior

  • Appliances: Dryer, Washer, Gas Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 8

Bedrooms

  • Total Bedrooms: 16

Parking

  • Parking Features: No Garage, Parking Lot

Location

  • County: Montgomery
  • Subdivision: City/Dayton Rev

School Information

  • Elem School District: Dayton
  • Midd School District: Dayton
  • High School District: Dayton

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Window Unit(s)
  • Heating Type: Forced Air, Natural Gas

Utilities

  • Water: Public
  • Utility Description: Natural Gas Available, Sewer Available, Water Available

Structural Information

  • # Buildings: 2
  • Construction: Brick, Frame
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Stories/Levels: 2
  • Square Feet: 4,704
  • Sq. Ft. Source: Assessor
  • Living Area: 4,704 Sq. Ft.
  • Year Built: 1947

Unit Information

  • Unit Type: 2 Bedroom

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,197
  • Lot Size: 12197
  • Lot Size Source: Assessor
  • Lot Dimensions: 93 x 156
  • Zoning: Residential

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Terms: Conventional, Other
  • Tenant Pays: Electricity, Gas, Water

Disclosures and Reports

  • Ownership: Corporate Owned
  • Legal Description: 30955 PT 30956 * PT VAC ALLEY 69-11-52, 69-11-51
  • Property ID: R72-06911-0004

Listed by Bridgestream Realty (517) 270-9907, Spencer Maxwell (937) 572-5382 and Bridgestream Realty (517) 270-9907, Mellissa Andre (513) 508-3795

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Listing agents

— 1309 Salem Ave —

  • Spencer Maxwell

    Bridgestream Realty

    (517) 270-9907

  • Mellissa Andre

    Bridgestream Realty

    (517) 270-9907

(517) 270-9907

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1309 Salem Ave

School District:Dayton City School District
NameGradesDistance
Valerie Elementary School
3871 Yellowstone Avenue, Dayton, OH 45416
PK-62.9 mi
E. J. Brown Pre-K-8 School
31 Willowwood Drive, Dayton, OH 45405
7-80.7 mi
Meadowdale High School
3873 Whitestone Court, Dayton, OH 45416
7-122.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1309 Salem Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/06/2026
Listed
$550,000
2015.38%
MLS
4/25/2018
Sold
$26,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1309 Salem Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,217
-1%
$32,110
—
2024
$3,250
90%
$32,110
—
2023
$1,712
-29%
$32,110
46%
2022
$2,413
4%
$21,990
—
2019
$2,329
—
$21,990
9%
2019
$2,329
—
$20,190
—
2018
$2,336
—
$20,190
—
2017
$2,331
-10%
$20,190
-8%
2016
$2,600
2%
$21,990
—
2015
$2,559
2%
$21,990
—
2014
$2,499
-2%
$21,994
-6%
2013
$2,557
—
$23,352
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1309 Salem Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Bridgestream Realty (517) 270-9907, Spencer Maxwell (937) 572-5382 and Bridgestream Realty (517) 270-9907, Mellissa Andre (513) 508-3795

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1309 Salem Avenue, Dayton, OH 45406 (MLS# 951797) is a Multi-Family property with 8 units containing 16 bedrooms and 8 full bathrooms. 1309 Salem Avenue is currently listed for $550,000 and was received on February 06, 2026. Want to learn more about 1309 Salem Avenue? Do you have questions about finding other Multi-Family real estate for sale in Dayton? You can browse all Dayton real estate or contact a Coldwell Banker agent to request more information.

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