SoldNov 26, 2025

Listed by Jody Rhoades from Leis Realty Company

, 

Bought with Angela Powell

Source: Dayton Area Board of Realtors #943064

403 Central Avenue, Greenville, OH, 45331

$125,000

7
4
3670 sq. ft.
7087 sq. ft.

MultiFam

•

30+ days on the market

Sold: Nov 26, 2025

What's around 403 Central Avenue

About this property

Investor Special – 4-Unit Multifamily in the Heart of Greenville, OH! Opportunity knocks with this centrally located 4-unit investment property offering solid cash flow potential and value-add upside! With a total of 3,670 sq ft, this building features: (2) 1-Bedroom Units — Currently rented at $375 and $400/month (1) 2-Bedroom Unit — Rented at $650/month (1) 3-Bedroom Unit — Vacant and ready for renovation, offering excellent upside potential Each unit boasts large rooms, Stove, Fridge, Washer/Dryer Hook Ups, individual gas forced air heat, and gas water heaters for efficient utility management. Tenants are on month-to-month leases, and each pays their own gas, electric, and trash — with water included (single meter averaging approx. $100/month). Several windows have been replaced, and the property includes a spacious shared backyard for tenant enjoyment. Whether you're looking to expand your rental portfolio or take your first step into multifamily investing, this property checks all the boxes. Live in one and rent the other three, or renovate and re-lease at market rates for increased returns. Prime location in Greenville — close to schools, shopping, and downtown conveniences. Don’t miss this affordable entry into multi-unit ownership — with strong rent potential and room to grow. Showings will be for the vacant 3 bedroom unit (403) only. The other 3 occupied units can be viewed upon a mutually accepted contract.

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