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$160,000
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Property Description
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
Full Property Details for 626 Salem Ave
General
- Sold For: $160,000
- Status: Closed
- Type: Multi-Family
- Source: 506
- MLS ID: 966695
- Added to Site: 49 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
Sold by Keller Williams Community Part (937) 530-4904, Alexa Barrera
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Schools
Schools serving 626 Salem Ave
School District:Dayton City School District
| Name | Grades | Distance |
|---|---|---|
Edison Elementary School, Dayton, OH 228 North Broadway Street, Dayton, OH 45402 | 6-6 | 0.8 mi |
E. J. Brown Pre-K-8 School 31 Willowwood Drive, Dayton, OH 45405 | 7-8 | 1.1 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
Date
Details
Price
Change
Source
9/25/2026
Sold
$160,000
-11.06%
MLS
8/26/2026
Listed
$179,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
626 Salem Avenue, Dayton, OH 45406 (MLS# 966695) is a Multi-Family property that was sold at $160,000 on September 25, 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.

