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Sold for $200,000
  • $200,000

    138 E 3rd St, Dayton, OH 45402

    4beds
    7,144sqft
    Multi Family
    Built in 1865
    -- sqft lot
    $200,300 Zestimate®
    $28/sqft
    $1,383 Estimated rent

    Home value

    $200,300

    $190,000 - $210,000

    $1,383/mo

    Zestimate® history
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    What's special

    Industrial architectural detailsOriginal structural characterExposed brickFull basementTall ceilingsSurrounded by new restaurants
    Rare opportunity to acquire a historic mixed-use redevelopment property in one of Downtown Dayton’s fastest-growing districts. Built circa 1865, this property is one of the few buildings to survive both the Great Dayton Flood and the East Third Street fire of 1913, offering authentic historic character that cannot be replicated. Located in the emerging Fire Blocks District, this property is surrounded by new restaurants, renovated residential buildings, and continued private investment, positioning it for strong long-term appreciation and redevelopment potential. Approximately 6,000 square feet total (about 2,000 sq ft per level) plus a full basement. Open layouts on all floors allow multiple redevelopment strategies including: • Mixed-use retail + residential conversion • 4–6 apartment unit potential (buyer to verify) • Luxury loft redevelopment • Creative office or live/work spaces • Boutique commercial redevelopment • Long-term hold investment Concept plans available showing potential mixed-use configuration. Upper floors feature exposed brick, tall ceilings, industrial architectural details, and original structural character ideal for adaptive reuse. Property has been cleared out with partial demolition completed, reducing early redevelopment costs. This is a true blank slate redevelopment opportunity for experienced investors or developers looking to add value through renovation and repositioning. Building will require full mechanical updates. Utilities have been inactive for several years. Sold as-is. Buyer responsible for all inspections, zoning verification, tax abatements, and redevelopment approvals. Must close with M&M Title Agency (details available from listing agent). Opportunities like this rarely come available in Downtown Dayton’s redevelopment corridor. Ideal for investors seeking a historic repositioning project with strong upside potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ruby Annie Newbourn (937)275-2020,

    Unity Real Estate

    Bought with:

    Jerri Barlage, 2009002403

    Howard Hanna Real Estate Serv

    Source: DABR MLS,MLS#: 944969MLS LogoOriginating MLS: Dayton Area Board of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Other
    Cooling
    • None
    Features
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 7,144
    • Total interior livable area: 7,144 sqft

    Property

    Parking
    • Parking features: No Garage, On Street
    Lot
    • Size: 1,873 Square Feet
    • Dimensions: 20 x 100
    Details
    • Parcel number: R72005080015
    • Zoning: Commercial,Multiple
    • Zoning description: Commercial,Multiple

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1865

    Utilities & green energy

    • Water: Public
    • Utilities for property: Natural Gas Available, Water Available

    Community & HOA

    Community
    • Subdivision: East Third St
    Location
    • Region: Dayton

    Financial & listing details

    • Price per square foot: $28/sqft
    • Tax assessed value: $34,080
    • Annual tax amount: $1,619
    • Date on market: 10/2/2025
    • Listing terms: Conventional,Land Contract
    • Ownership: Agent Owned

    Price history

    DateEventPrice
    8/5/2026Sold$200,000-11.1%$28/sqft
    Source: DABR MLS #944969 Report a problem
    5/28/2026Price change$225,000-10%$31/sqft
    Source: DABR MLS #944969 Report a problem
    5/21/2026Price change$250,000-9.1%$35/sqft
    Source: DABR MLS #944969 Report a problem
    4/30/2026Price change$275,000-8.3%$38/sqft
    Source: DABR MLS #944969 Report a problem
    3/19/2026Price change$300,000-14.3%$42/sqft
    Source: DABR MLS #944969 Report a problem
    10/3/2025Listed for sale$350,000+121.5%$49/sqft
    Source: DABR MLS #944969 Report a problem
    7/24/2025Sold$158,000-36.8%$22/sqft
    Source: DABR MLS #924519 Report a problem
    6/26/2025Pending sale$250,000$35/sqft
    Source: DABR MLS #926940 Report a problem
    6/15/2025Listed for sale$250,000$35/sqft
    Source: DABR MLS #924519 Report a problem
    6/2/2025Pending sale$250,000$35/sqft
    Source: DABR MLS #924519 Report a problem
    5/24/2025Price change$250,000-9.1%$35/sqft
    Source: DABR MLS #924519 Report a problem
    4/3/2025Price change$275,000-8.3%$38/sqft
    Source: DABR MLS #926940 Report a problem
    3/14/2025Price change$299,900-3.3%$42/sqft
    Source: DABR MLS #926940 Report a problem
    11/30/2024Listed for sale$310,000$43/sqft
    Source: DABR MLS #924519 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,619 -3.1%$11,930
    2024$1,672 +5%$11,930
    2023$1,592 -0.2%$11,930 +4%
    2022$1,595 +0.3%$11,470
    2021$1,590 -0.9%$11,470
    2020$1,605 -76.8%$11,470 -1.7%
    2019$6,931 +304.4%$11,670
    2018$1,714 +2.5%$11,670
    2017$1,671 +0.1%$11,670
    2016$1,669 -1.3%$11,670
    2015$1,691 +3.8%$11,670
    2014$1,629 $11,670
    Find assessor info on the county website

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Dayton

    Source: DABR MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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