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$120,000

  • For Sale
  • Active
  • Multi-Family
  • 3 Total Beds
See This Home
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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.

Full Property Details for 559/561 Evergreen Ave

General

  • Price: $120,000
  • Status: Active
  • Type: Multi-Family
  • Source: 506
  • MLS ID: 949256
  • Updated: 12/16/2025
  • Added to Site: 36 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), High Speed Internet
  • Appliances: Refrigerator, Gas Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Porch
  • Porch/Patio/Deck: Porch

Parking

  • Parking Features: Driveway, No Garage

Location

  • County: Montgomery

School Information

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

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air

Utilities

  • Sewer: Storm Sewer
  • Water: Public
  • Utility Description: Water Available

Structural Information

  • # Buildings: 1
  • Construction: Frame
  • Basement: Yes
  • Basement Desc.: Partial
  • Windows: Wood Frames
  • Stories/Levels: 2
  • Sq. Ft. Source: Assessor
  • Year Built: 1929

Unit Information

  • Unit Type: 1 Bedroom, 2 Bedroom

Lot Features

  • Lot Size Source: Assessor
  • Lot Dimensions: 40 x 89
  • Zoning: Residential

Financial Considerations

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

Disclosures and Reports

  • Legal Description: 50104
  • Property ID: R72 12207 0005

Listed by RE/MAX Victory + Affiliates (937) 458-0385, Kimberly A Wattermann ABR (937) 271-2832

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Listing agent

— 559/561 Evergreen Ave —

  • Kimberly A Wattermann ABR

    RE/MAX Victory + Affiliates

    (937) 458-0385

(937) 458-0385

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

Price & Sales History for 559/561 Evergreen Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/14/2025
Listed
$120,000
421.74%
MLS
8/10/2018
Sold
$23,000
—
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 559/561 Evergreen Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$681
-2%
$10,880
—
2023
$698
-10%
$10,880
15%
2022
$779
5%
$9,470
—
2022
$742
-16%
$9,470
—
2019
$887
—
$9,470
-9%
2019
$887
—
$10,440
—
2018
$888
1%
$10,440
—
2017
$882
-5%
$10,440
—
2016
$924
2%
$10,430
—
2015
$905
3%
$10,430
—
2014
$876
53%
$10,430
47%
2013
$573
—
$7,102
—
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 559/561 Evergreen 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

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Listed by RE/MAX Victory + Affiliates (937) 458-0385, Kimberly A Wattermann ABR (937) 271-2832

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559/561 Evergreen Avenue, Dayton, OH 45402 (MLS# 949256) is a Multi-Family property with 2 units containing 3 bedrooms and 2 full bathrooms. 559/561 Evergreen Avenue is currently listed for $120,000 and was received on December 14, 2025. Want to learn more about 559/561 Evergreen 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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