LKV Realty
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$225,000
$1,150Reward *
138 E 3rd Street, Dayton, OH 45402Listing ID 944969

138 E 3rd Street, Dayton, OH 45402

Contingent
East Third St
Time on site: 318 daysLast updated: Jul 11, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi Family
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
4
Square Feet
Square Feet
7,144
Acres
Acres
0.04
Days on Site
Days on Site
318
Cooling
Cooling
None
Heating
Heating
Other
Year Built
Year Built
1865
Parking
Parking
No Garage, On Street

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.

Property Information

Property Details

Location

Address
138 E 3rd Street
County
Montgomery
City
Dayton
Zip Code
45402
Subdivision
East Third St
School District
Dayton

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
4

Building

Building Information

Square Feet
7,144
Year Built
1865
Construction
Brick
Ruby Annie Newbourn, (937) 287-7417Unity Real Estate, (937) 275-2020

Market Report for 45402

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Dayton Area Board of REALTORS®
Dayton Area Board of REALTORS® logo

The IDX information is being provided by Dayton Area Board of Realtors MLS. Information is deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Dayton Area Board of Realtors MLS. All Rights Reserved.

For corrections to this data please contact Brytecore MLS Support.

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