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3 Beds
3 Baths
2,438 sqft

$618,000

120 Fairground Avenue, Dayton OH, 45409

Price per sqft$253.49
Built in2003
Property size2,438 sqft
Property typeResidential

Overview

Active

Listed Oct 18, 2026

Updated 2 days ago

Income-producing student rental near the University of Dayton with leases secured for two academic years! 120 Fairground Avenue offers approximately $70,000 in contracted gross rent for the current academic year and $60,000 for the following year, providing investors with established rental income and advance leasing visibility. Three full bathrooms, a finished basement, a detached garage, and a spacious fenced backyard complement a location close to campus just steps from Brown Street. The finished lower level adds flexible usable space, with potential for further improvements and code-compliant egress, subject to applicable permits and approvals. With approximately $130,000 in combined contracted gross rent across two academic years, this property offers an opportunity to acquire an operating student rental with future leasing upside in Dayton’s university rental market. Lease agreements and supporting rental documentation are available for review once under contract.

$4,112/mo

Est. mortgage payment based on a $618,000 home price.

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

Additional information

MLS® ID
970892

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.11 Acres

Other Property Details

Garage
Yes
MLS provider logo

Courtesy of Brian Sharp with BHHS Professional Realty
Listing Contact: 9375103649 

Based on information from Dayton Area Board of REALTORS® as of 10/19/2026. 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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