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$188,500 Sale Pending
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Property Description
Now offered at $188,500 recently appraised at $197,000 in November. Welcome to 40 S Mathison St, a true hidden gem featuring a fully remodeled duplex inside and out w/ modern upgrades and strong income potential. Each spacious 3-bedroom, 1-bath unit offers updated kitchens with sleek finishes, brand-new stainless steel appliances including refrigerators and dishwashers, and in-unit washer/dryer hookups. Extensive interior and exterior renovations have already been completed, making this a true turn-key opportunity. Located in an area w/ solid rental demand, projected market rents for comparable 3-bedroom units range approximately $1,300-$1,500 per unit. Ideal for investors seeking a low-maintenance addition or owner-occupants, including FHA and 1st time homebuyers, looking to offset their mortgage with rental income. Title work has already been started, and the seller is offering a $500 title credit w/use of the preferred title company. Move-in ready and positioned for immediate value.
Full Property Details
Full Property Details for 40 Mathison St
General
- Price: $188,500
- Status: Pending
- Type: Duplex
- Source: Cincinnati
- MLS ID: 1855348
- Updated: 1/16/2026
- Added to Site: 122 day(s) ago
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking: Driveway
Location
- Area: Montgomery Co.
- County: Montgomery
- Driving Directions: W 3rd St to S Broadway St, left on Germantown St, right on S Mathison St. Property on left.
School Information
- School District: Dayton City SD
- High School District: Dayton City SD
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
- Heating Fuel: Natural
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- # Buildings: 1
- Architectural Style: Two Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Full
- Foundation: Block
- Roof: Shingle
- Windows: Aluminum
- Stories/Levels: Two
- Year Built: 1904
Unit Information
- 3 Bedroom Units: 2
Unit 1
- Bedrooms: 3
Unit 2
- Bedrooms: 3
Financial Considerations
- Semi-Annual Taxes: $670
Disclosures and Reports
- APN: R72090040045
Listed by eXp Realty (866) 212-4991, Briana Weathers
Get Pre-Approved Today
Schools
Schools serving 40 Mathison St
School District:Dayton City School District
| Name | Grades | Distance |
|---|---|---|
Roosevelt Elementary School, Dayton, OH 1923 West Third Street, Dayton, OH 45417 | PK-6 | 0.1 mi |
Westwood Pre-K-8 School 2805 Oakridge Drive, Dayton, OH 45417 | PK-6 | 1.1 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 40 Mathison St
Date
Details
Price
Change
Source
12/30/2025
Price Reduced
$188,500
-3.33%
MLS
10/07/2025
Price Reduced
$195,000
-11.36%
MLS
9/29/2025
Price Reduced
$220,000
-18.22%
MLS
9/16/2025
Listed
$269,000
1693.33%
MLS
8/12/2024
Sold
$15,000
—
Public Record
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
Tax History for 40 Mathison St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,340
-9%
$19,540
—
2023
$1,474
-24%
$19,540
—
2022
$1,934
6%
$19,540
—
2022
$1,826
4%
$19,540
—
2019
$1,752
—
$19,540
17%
2019
$1,752
36%
$16,650
—
2018
$1,286
—
$16,650
—
2017
$1,287
12%
$16,650
—
2016
$1,145
39%
$16,650
—
2015
$826
24%
$16,650
—
2014
$668
34%
$16,643
29%
2013
$498
—
$12,922
—
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
Estimate the Cost for 40 Mathison St
40 Mathison Street, Dayton, OH 45417 (MLS# 1855348) is a Duplex property with 0 bedrooms and 0 full bathrooms. 40 Mathison Street is currently listed for $188,500 and was received on September 16, 2025. Want to learn more about 40 Mathison Street? Do you have questions about finding other Duplex real estate for sale in Dayton? You can browse all Dayton real estate or contact a Coldwell Banker agent to request more information.

