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$135,000
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Property Description
Located in the heart of Piqua, this cash-flowing duplex is the kind of opportunity investors are always hunting for-but rarely find with this level of stability and return. The numbers speak loud and clear: an impressive 11.01% cap rate backed by solid rents. Upstairs tenant signed a fresh 1-year lease in January 2026 and the downstairs is month to month, giving you immediate, reliable income from day one. The lower unit offers a spacious 2-bedroom, 1-bath layout, currently rented at $925/month. It's supported by major mechanical updates including a furnace, water heater, and updated electrical panels with new service entry cable (2014)-the kind of improvements that protect your bottom line. Upstairs, the 1-bedroom, 1-bath unit brings in $650/month and has been freshly updated in 2026 with new paint and durable LVP flooring, making it an attractive and low-maintenance space for tenants. This unit also benefits from updated furnace and water heater (2014). Outside, a new garage roof in 2025 adds yet another layer of value and peace of mind. This is what smart investing looks like-strong returns, updated systems, and locked-in income. Whether you're building your portfolio or adding a high-performing asset, 121 S Roosevelt Ave delivers the kind of cash flow that makes a difference. For investors looking to scale, this property can also be purchased as a package deal with a companion property located at 601 E Canal St. in Troy, offering an excellent opportunity to expand your portfolio with multiple income-producing assets. AS-IS OFFERS ONLY!
Full Property Details
Full Property Details for 121 S Roosevelt Ave
General
- Sold For: $135,000
- Status: Closed
- Type: Duplex
- Source: 506
- MLS ID: 959192
- Added to Site: 63 day(s) ago
Interior
- Interior Features: Ceiling Fan(s), High Speed Internet, Laminate Counters, Remodeled
- Appliances: Range, Refrigerator, Gas Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Fence, Porch, Patio
- Porch/Patio/Deck: Patio, Porch
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Driveway, Detached, Garage, Two Car Garage, Public, On Street
Location
- County: Miami
- Subdivision: Piqua
- Cross Streets: SR36
School Information
- Elem School District: Piqua
- Midd School District: Piqua
- High School District: Piqua
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air, Natural Gas
Utilities
- Water: Public
- Utility Description: Natural Gas Available, Sewer Available, Water Available
Structural Information
- # Buildings: 1
- Construction: Frame, Vinyl Siding
- Basement: Yes
- Basement Desc.: Partial
- Windows: Double Pane Windows, Insulated Windows
- Doors: 6 Panel Door(s)
- Stories/Levels: 2
- Square Feet: 1,724
- Sq. Ft. Source: Assessor
- Living Area: 1,724 Sq. Ft.
- Year Built: 1920
Unit Information
- Unit Type: 2 Bedroom
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Lot Size: 8276
- Lot Size Source: Assessor
- Lot Dimensions: 58 x 163
- Fence: Yes
- Zoning: Residential
- Fencing (Description): Wood
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Tenant Pays: Electricity, Gas
Disclosures and Reports
- Ownership: Corporate Owned
- Legal Description: IL 424 50.25 N PT & IL 425 50.25X62.5 & IL 426 50.25X37.5 NW COR
- Property ID: N44008200
Listed by Keller Williams Home Town Rlty (937) 890-9111, Eric T Berger (937) 286-4400
Sold by Sibcy Cline Inc. (937) 898-1234, Mark E Davison
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Schools
Schools serving 121 S Roosevelt Ave
School District:Piqua City School District
| Name | Grades | Distance |
|---|---|---|
Wilder Intermediate Elementary School 807 Nicklin Avenue, Piqua, OH 45356 | 4-6 | 0.6 mi |
Springcreek Primary Elementary School 145 U.S. 36, Piqua, OH 45356 | PK-3 | 2.8 mi |
Piqua Junior High School 1 Tomahawk Trail, Piqua, OH 45356 | 7-8 | 2.4 mi |
Piqua High School 1 Indian Trail, Piqua, OH 45356 | 9-12 | 2.4 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 121 S Roosevelt Ave
Date
Details
Price
Change
Source
6/24/2026
Sold
$135,000
3.85%
MLS
5/14/2026
Listed
$130,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
121 S Roosevelt Avenue, Piqua, OH 45356 (MLS# 959192) is a Duplex property that was sold at $135,000 on June 24, 2026. Want to learn more about 121 S Roosevelt Avenue? Do you have questions about finding other Duplex real estate for sale in Piqua? You can browse all Piqua real estate or contact a Coldwell Banker agent to request more information.
