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$179,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 1 hour ago
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Wow - over 8,000 sqft of opportunity awaits for the savvy new owner to optimize this historic 4-unit building to become Daytons new cash flowing king or queen! Current owner has done all of the due diligence of rehab estimates including renderings of the new exterior. Each unit is a 2bed - 1 bath suite with its own exterior entrance. Off street parking plus unfinished basement full of storage, coin op laundry, or other possibilites. Jump into your new project in the Dayton View Historic District surrounded by late Victorian, Tudor and Colonial Revival properties supporting Daytons center. Nothing this size on the market making it a great investment to fix & flip, BRRR or hold - market data reflects market rents conservatively at $1,000/door ($4,000+/mo) with comparables supporting $400k+ ARV.

Full Property Details for 626 Salem Ave

General

  • Price: $179,900
  • Status: Active
  • Type: Multi-Family
  • Source: 506
  • MLS ID: 966695
  • Updated: 8/26/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 8

Parking

  • Parking Features: No Garage

Location

  • County: Montgomery
  • Subdivision: City/Dayton Rev

School Information

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

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Electric, Forced Air, Natural Gas

Utilities

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

Structural Information

  • # Buildings: 1
  • Construction: Frame, Stucco, Wood Siding
  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Stories/Levels: 2
  • Square Feet: 8,566
  • Sq. Ft. Source: Assessor
  • Living Area: 8,566 Sq. Ft.
  • Year Built: 1905

Unit Information

  • Unit Type: 4 Bedroom Or More

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 3,920
  • Lot Size: 3920
  • Lot Size Source: Assessor
  • Lot Dimensions: of record
  • Zoning: Residential, Historic

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Terms: Conventional

Disclosures and Reports

  • Legal Description: 23725
  • Property ID: R72-07308-0023

Listed by Luma Realty (937) 545-0864, Kristine Wights (937) 530-3383

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Listing agent

— 626 Salem Ave —

  • Kristine Wights

    Luma Realty

    (937) 545-0864

(937) 530-3383

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 626 Salem Ave

School District:Dayton City School District
NameGradesDistance
Edison Elementary School, Dayton, OH
228 North Broadway Street, Dayton, OH 45402
6-60.8 mi
E. J. Brown Pre-K-8 School
31 Willowwood Drive, Dayton, OH 45405
7-81.1 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 626 Salem Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/26/2026
Listed
$179,900
-10.05%
MLS
10/08/2021
Sold
$200,000
—
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 626 Salem Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,951
175%
$28,000
—
2024
$3,614
34%
$28,000
—
2023
$2,703
26%
$28,000
40%
2022
$2,144
-16%
$20,000
—
2019
$2,552
—
$20,000
-12%
2019
$2,552
—
$22,610
—
2018
$2,560
—
$22,610
—
2017
$2,555
-3%
$22,610
—
2016
$2,628
2%
$22,610
—
2015
$2,586
2%
$22,610
—
2014
$2,524
-20%
$22,610
-1%
2013
$3,148
—
$22,946
—
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 626 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 Luma Realty (937) 545-0864, Kristine Wights (937) 530-3383

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626 Salem Avenue, Dayton, OH 45406 (MLS# 966695) is a Multi-Family property with 0 units containing 8 bedrooms and 4 full bathrooms. 626 Salem Avenue is currently listed for $179,900 and was received on August 26, 2026. Want to learn more about 626 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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