121 S Roosevelt Avenue, Piqua, OH 45356
121 S Roosevelt Avenue, Piqua, OH 45356
121 S Roosevelt Avenue, Piqua, OH 45356
121 S Roosevelt Avenue, Piqua, OH 45356
121 S Roosevelt Avenue, Piqua, OH 45356
121 S Roosevelt Avenue, Piqua, OH 45356
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Benjamin Wourms

Benjamin Wourms

+1(513) 822-3764
$ 130,000
Est. payment | /mo

4 Beds

2 Baths

1,724 SqFt

Save
$ 130,000
Est. payment | /mo
Save

4 Beds

2 Baths

1,724 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex/Double

Listing Status Backups

Purchase Type For Sale

Square Footage 1,724 sqft

Price per Sqft $75

MLS Listing ID 959192

Bedrooms 4

Full Baths 2

Year Built 1920

Annual Tax Amount $2,668

Lot Size 8,276 Sqft

Lot Dimensions 58x163

Property Sub-Type Duplex/Double

Property Description

Located in the heart of Piqua, this cash-flowing duplex is the kind of opportunity investors are always hunting for—but rarely find with this level of stability and return. The numbers speak loud and clear: an impressive 11.01% cap rate backed by solid rents. Upstairs tenant signed a fresh 1-year lease in January 2026 and the downstairs is month to month, giving you immediate, reliable income from day one. The lower unit offers a spacious 2-bedroom, 1-bath layout, currently rented at $925/month. It's supported by major mechanical updates including a furnace, water heater, and updated electrical panels with new service entry cable (2014)—the kind of improvements that protect your bottom line. Upstairs, the 1-bedroom, 1-bath unit brings in $650/month and has been freshly updated in 2026 with new paint and durable LVP flooring, making it an attractive and low-maintenance space for tenants. This unit also benefits from updated furnace and water heater (2014). Outside, a new garage roof in 2025 adds yet another layer of value and peace of mind.
This is what smart investing looks like—strong returns, updated systems, and locked-in income. Whether you're building your portfolio or adding a high-performing asset, 121 S Roosevelt Ave delivers the kind of cash flow that makes a difference. For investors looking to scale, this property can also be purchased as a package deal with a companion property located at 601 E Canal St. in Troy, offering an excellent opportunity to expand your portfolio with multiple income-producing assets. AS-IS OFFERS ONLY!

Location

State OH

County Miami

Zoning Residential

Rooms

Basement Partial

Kitchen Laminate Counters, Remodeled

Interior

Interior Features 6 Panel Door, Gas Water Heater, High Speed Internet, Paddle Fans, Smoke Alarm(s)

Heating Forced Air, Natural Gas

Cooling Window Unit

Exterior

Exterior Feature Fence, Patio, Porch, Wood Fence

Parking Features 2 Car, Detached

Utilities Available 220 Volt Outlet, City Water, Natural Gas, Sanitary Sewer

Building

Structure Type Frame,Vinyl

Schools

School District Piqua

Others

Ownership Corporate Owned

Dayton MLS (DTON)
Listed by Keller Williams Home Town Rlty

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Benjamin Wourms

Ben Wourms - Glasshouse Realty Group

Phone

+1(513) 822-3764

Address

3825 Edwards Rd, Cincinnati, OH, 45209, USA

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121 S Roosevelt Avenue