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8 Beds
4 Baths
2,550 sqft

$49,900

51 Lexington Avenue, Dayton OH, 45402

Price per sqft$19.57
Built in1900
Property size2,550 sqft
Property typeMulti-family

Overview

Active

Listed Jul 30, 2026

Updated 13 days ago

Historic Restoration Opportunity with Income Potential! Bring your vision to this impressive 2.5-story historic residence offering over 2,550 square feet of living space in Dayton's most historic suburbs. Rich in original character and architectural detail, this property features hardwood floors, multiple decorative fireplaces, an elegant open staircase, oversized rooms, original millwork, tall ceilings, original light fixtures and so much more! Public records indicate the property was formerly configured as a duplex, while the finished third floor presents the potential for an additional living unit, subject to buyer verification and local zoning approval, creating an attractive opportunity for investors seeking a potential triplex conversion or an expansive single-family home. The detached garage offers the convenience of off-street parking. The property's substantial square footage, flexible floor plan, preserved historic features, and strong architectural presence provide an exceptional foundation for redevelopment. Located with convenient access to downtown Dayton, major employers, hospitals, Wright-Patterson Air Force Base, and interstate highways, this property presents a unique opportunity for experienced investors, historic restoration specialists, or developers looking to create significant value. Cash/Hard Money or renovation financing only. Property is being sold in its current condition. Buyer to verify all zoning, room counts & measurements, future use possibilities, and all other information. Schedule your private tour today! Contract assignments, wholesale transactions, and offers contingent upon the sale of another property are not permitted. Offers must be submitted in the name of the actual purchasing party and may not be assigned.

$332/mo

Est. mortgage payment based on a $49,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
965420

Interior Features

Bedrooms
8
Bathrooms
4
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Garage
Yes
MLS provider logo

Courtesy of Mason James with Howard Hanna Real Estate Serv
Listing Contact: 9377033770 

Based on information from Dayton Area Board of REALTORS® as of 10/9/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. 

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