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$69,900
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Property Description
Historic Restoration Opportunity with Income Potential! Bring your vision to this impressive 2.5-story historic residence offering over 2,550 square feet of living space in Dayton's most historic suburbs. Rich in original character and architectural detail, this property features hardwood floors, multiple decorative fireplaces, an elegant open staircase, oversized rooms, original millwork, tall ceilings, original light fixtures and so much more! Public records indicate the property was formerly configured as a duplex, while the finished third floor presents the potential for an additional living unit, subject to buyer verification and local zoning approval, creating an attractive opportunity for investors seeking a potential triplex conversion or an expansive single-family home. The detached garage offers the convenience of off-street parking. The property's substantial square footage, flexible floor plan, preserved historic features, and strong architectural presence provide an exceptional foundation for redevelopment. Located with convenient access to downtown Dayton, major employers, hospitals, Wright-Patterson Air Force Base, and interstate highways, this property presents a unique opportunity for experienced investors, historic restoration specialists, or developers looking to create significant value. Cash/Hard Money or renovation financing only. Property is being sold in its current condition. Buyer to verify all zoning, room counts & measurements, future use possibilities, and all other information. Schedule your private tour today!
Full Property Details
Full Property Details for 51 Lexington Ave
General
- Price: $69,900
- Taxes: $422 (2025)
- Status: Active
- Type: Multi-Family
- Source: 507
- MLS ID: 1047401
- Updated: 7/31/2026
- Added to Site: 27 day(s) ago
Interior
- Interior Features: Attic
- Fireplace: Yes
- Fireplace(s): Inoperable, Three or More
- Flooring: Carpet, Hardwood
Exterior
- Porch/Patio/Deck: Porch
Parking
- Parking Features: Detached
Location
- Area: 530 Other Montgomery County
- County: Montgomery
- Township: Inside City Limits
- Development Name: Taylorsburg Village Sec 01 PUD
- Subdivision: Taylorsburg Village Sec 01 PUD
- Driving Directions: From I-75 S, Take exit 54A for OH-48/Main St/Grand Ave, Turn right onto Salem Ave, Turn left onto Lexington Ave, Subject will be on the right
School Information
- School District: 5703 Dayton CSD
- High School District: 5703 Dayton CSD
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Supplied Water
- Utility Description: Sewer Connected
Structural Information
- Exterior Const.: Wood Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Square Feet: 2,550
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.15
- Lot Size (Sq. Ft.): 6,534
- Lot Dimensions: IRR
- Lot Features: Residential Lot
- Zoning: Residential
Financial Considerations
- Tax Amount: $422
- Tax Year: 2025
- Terms: 1031 Exchange, Cash, Conventional
Disclosures and Reports
- Ownership: Corporation
- Special Conditions: In Foreclosure
- Property ID: R72073110011
Listed by Mason James
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Schools
Schools serving 51 Lexington Ave
School District:Dayton City School District
| Name | Grades | Distance |
|---|---|---|
Edison Elementary School, Dayton, OH 228 North Broadway Street, Dayton, OH 45402 | 6-6 | 0.7 mi |
E. J. Brown Pre-K-8 School 31 Willowwood Drive, Dayton, OH 45405 | 7-8 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 51 Lexington Ave
Date
Details
Price
Change
Source
7/30/2026
Listed
$69,900
—
MLS
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 51 Lexington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$925
-9%
$13,720
—
2024
$1,022
—
$13,720
—
2023
$1,019
-4%
$13,720
—
2022
$1,056
-56%
$13,720
—
2019
$2,394
—
$13,720
-53%
2019
$2,394
—
$28,980
—
2018
$2,398
1%
$28,980
—
2017
$2,380
-1%
$28,980
4%
2016
$2,404
2%
$27,840
—
2015
$2,352
-7%
$27,840
—
2014
$2,535
25%
$27,836
5%
2013
$2,020
—
$26,555
—
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 51 Lexington Ave
51 Lexington Avenue, Dayton, OH 45402 (MLS# 1047401) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 51 Lexington Avenue is currently listed for $69,900 and was received on July 30, 2026. Want to learn more about 51 Lexington 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.

