559 Evergreen Ave Dayton, OH 45402
Westwood NeighborhoodEstimated payment $630/month
Highlights
- Wood Frame Window
- Forced Air Heating System
- High Speed Internet
- Porch
- Ceiling Fan
About This Home
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.
Listing Agent
RE/MAX Victory + Affiliates Brokerage Phone: (937) 458-0385 Listed on: 12/14/2025
Property Details
Home Type
- Multi-Family
Year Built
- 1929
Home Design
- Frame Construction
Interior Spaces
- 2-Story Property
- Ceiling Fan
- Wood Frame Window
- Partial Basement
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- No Garage
- Driveway
Utilities
- No Cooling
- Forced Air Heating System
- Gas Water Heater
- High Speed Internet
Additional Features
- Porch
- Lot Dimensions are 40x89
Listing and Financial Details
- Assessor Parcel Number R72 12207 0005
Community Details
Overview
- 2 Units
Building Details
- Gross Income $14,400
- Net Operating Income $12,390
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $681 | $10,880 | $1,720 | $9,160 |
| 2024 | $664 | $10,880 | $1,720 | $9,160 |
| 2023 | $664 | $10,880 | $1,720 | $9,160 |
| 2022 | $742 | $9,470 | $1,500 | $7,970 |
| 2021 | $738 | $9,470 | $1,500 | $7,970 |
| 2020 | $737 | $9,470 | $1,500 | $7,970 |
| 2019 | $887 | $10,440 | $1,500 | $8,940 |
| 2018 | $888 | $10,440 | $1,500 | $8,940 |
| 2017 | $882 | $10,440 | $1,500 | $8,940 |
| 2016 | $924 | $10,430 | $1,500 | $8,930 |
| 2015 | $876 | $10,430 | $1,500 | $8,930 |
| 2014 | $876 | $10,430 | $1,500 | $8,930 |
| 2012 | -- | $7,110 | $2,440 | $4,670 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/15/2026 03/15/26 | Price Changed | $107,400 | -10.5% | -- |
| 12/14/2025 12/14/25 | For Sale | $120,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | National Title | |
| Warranty Deed | $23,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $16,000 | None Available | |
| Limited Warranty Deed | $8,500 | None Available | |
| Deed In Lieu Of Foreclosure | $37,000 | Nova Title Agency Inc | |
| Special Warranty Deed | $37,000 | Nova Title Agency Inc |
Source: Dayton REALTORS®
MLS Number: 949256
APN: R72-12207-0005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information is being provided by Dayton Area Board of Realtors MLS. Information deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Dayton Area Board of Realtors MLS. All Rights Reserved.
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Ask me questions while you tour the home.