1501 E 5th Street, Dayton, OH 45403 - Photo 1

1/1

$450,000

Sold
Closed
Single Family
4 Beds
4 Partial Baths
3,835 Sq. Ft.
0.2111 Acres

1/1

Property Description

Opportunity here with a cap rate of over 11%. Current owner is looking to do a sale/leaseback with a long term master lease for the building which includes a real estate brokerage and a salon/spa. Under the master lease, tenant would be responsible for maintenance and repair. The building has been fully renovated in the past two years. 2 HVAC systems, all plumbing, electric, roof, windows, interior and exterior paint. Property sits on a double lot with a new parking lot and green space with outdoor seating. Property is zoned mature neighborhood commercial which allows for single family, multi family and various commercial/office uses.

Full Property Details

Full Property Details for 1501 E 5th St

General

Sold For: $450,000
Status: Closed
Type: Single Family
Source: 506
MLS ID: 934126
Added to Site: 283 day(s) ago

Interior

Number of Rooms: 4

Rooms

Bathrooms

Total Bathrooms: 4
Half Bathrooms: 4
Main Floor Baths: 2

Bedrooms

Total Bedrooms: 4

Parking

Parking Features: No Garage

Location

County: Montgomery
Subdivision: City/Dayton
Driving Directions: 5th st.

School Information

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

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Forced Air

Utilities

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

Structural Information

Construction: Brick
Basement: Yes
Basement Desc.: Full, Walk-Out Access
Stories/Levels: 2
Square Feet: 3,835
Sq. Ft. Source: Assessor
Living Area: 3,835 Sq. Ft.
Year Built: 1900

Lot Features

Lot Size (Acres): 0.2111
Lot Size (Sq. Ft.): 9,196
Lot Size: 9196
Lot Size Source: Assessor
Lot Dimensions: .2111
Zoning: Residential, Business, Commercial, Historic, Multiple, Office

Financial Considerations

For Sale/Rent/Lease: For Sale

Disclosures and Reports

Ownership: LLC
Legal Description: 85115 1501 EAST FIFTH
Disclosures/Rstr.: Principal is Real Estate Licensed
Property ID: R72-01204-0090

Listed by Local Roots Realty (937) 308-1883, Rachel Gannon (937) 308-1883
Sold by Keller Williams Seven Hills (513) 708-3000, Patricia A Lohmann

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Listing agent

— 1501 E 5th St —

Rachel Gannon

Local Roots Realty

(937) 308-1883

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NMLS#: 1598647

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Schools

Schools serving 1501 E 5th St

School District:Dayton City School District

Name	Grades	Distance
Ruskin Prek-8 School 407 Ambrose Court, Dayton, OH 45410	PK-6	0.4 mi
Kiser Elementary School 1401 Leo Street, Dayton, OH 45404	PK-6	1.7 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 1501 E 5th St

Date

Details

Price

Change

Source

6/27/2025

Sold

$450,000

—

MLS

5/13/2025

Listed

$450,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 6 days ago

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4
Beds
3
Total Baths
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Beds
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Total Baths
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Sq. Ft.

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$425,000

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3
Beds
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Total Baths
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Sq. Ft.

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Beds
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1501 E 5th Street, Dayton, OH 45403 (MLS# 934126) is a Single Family property that was sold at $450,000 on June 27, 2025. Want to learn more about 1501 E 5th Street? Do you have questions about finding other Single Family real estate for sale in Dayton? You can browse all Dayton real estate or contact a Coldwell Banker agent to request more information.

1501 E 5th St Dayton, OH 45403