Opportunity here with a cap rate of over 11%. Current owner is looking to do a sale/leaseback with a long term master lease for the building which includes a real estate brokerage and a salon/spa. Under the master lease, tenant would be responsible for maintenance and repair. The building has been fully renovated in the past two years. 2 HVAC systems, all plumbing, electric, roof, windows, interior and exterior paint. Property sits on a double lot with a new parking lot and green space with outdoor seating. Property is zoned mature neighborhood commercial which allows for single family, multi family and various commercial/office uses.
Sold for $450,000
$450,000
1501 E 5th St, Dayton, OH 45402
4beds
3,835sqft
Single Family Residence
Built in 1900
9,195 Square Feet Lot
$-- Zestimate®
$117/sqft
$2,012 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,012/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Rachel Gannon 937-308-1883,
Local Roots Realty
Bought with:
Patricia A Lohmann, 0000361421
Keller Williams Seven Hills
Source: DABR MLS,MLS#: 934126
Originating MLS: Dayton Area Board of REALTORS
Originating MLS: Dayton Area Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- 1/2 bathrooms: 4
- Main level bathrooms: 2
Bedroom
- Level: Second
- Dimensions: 14 x 8
Bedroom
- Level: Second
- Dimensions: 13 x 17
Bedroom
- Level: Second
- Dimensions: 12 x 13
Bedroom
- Level: Second
- Dimensions: 12 x 10
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Full,Walk-Out Access
Interior area
- Total structure area: 3,835
- Total interior livable area: 3,835 sqft
Property
Parking
- Parking features: No Garage
Features
- Levels: Two
- Stories: 2
Lot
- Size: 9,195 Square Feet
- Dimensions: .2111
Details
- Parcel number: R72012040090
- Zoning: Residential,Business,Comm
- Zoning description: Residential,Business,Commercial,Historic,Multiple,Office
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- Year built: 1900
Utilities & green energy
- Water: Public
- Utilities for property: Natural Gas Available, Water Available
Community & HOA
Community
- Subdivision: City/Dayton
HOA
- Has HOA: No
Location
- Region: Dayton
Financial & listing details
- Price per square foot: $117/sqft
- Date on market: 5/13/2025
- Ownership: LLC
Price history
| Date | Event | Price |
|---|---|---|
| 6/27/2025 | Sold | $450,000$117/sqft |
Source:  DABR MLS #934126 Report a problem | ||
| 5/19/2025 | Pending sale | $450,000$117/sqft |
Source: DABR MLS #934126 Report a problem | ||
| 5/14/2025 | Listed for sale | $450,000$117/sqft |
Source: DABR MLS #934126 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Historic Inner East
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Nearby schools
GreatSchools rating
- 3/10Ruskin Prek-8 SchoolGrades: PK-6Distance: 0.4 mi
- 6/10Stivers School for the ArtsGrades: 7-12Distance: 0.1 mi
- 2/10Wright Brothers Pre-K-8 School @ GrantGrades: 7-8Distance: 1.5 mi
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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- Ohio
- Montgomery County
- Dayton
- 45402
- Historic Inner East
- 1501 E 5th St
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