Map
Listed price in listed location currency (USD).
$275,000

440

MLS® 944969

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 7144 sqft
Garage 
Taxes 
Days Active 210
Lot Size 
Approx. Age 1865
Avg. Price Per Sqft $38
MLS® Number 944969

Property Address: 138 E 3rd St, Dayton, OH, 45402-2130

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number944969
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1865
BasementFull, Unfinished
DrivewayNo Garage, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 3, 2025List Date
$275,000List Price

Map

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties