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TMG Realty
701 N Wayne Street, Piqua, OH 45356
- $685,000
- 10
- BD
- 8
- BA
- 6,782
- SqFt
- List Price
- $685,000
- MLS#
- 971615
- Status
- ACTIVE
- City
- Piqua
- Bedrooms
- 10
- Full Bathrooms
- 8
- Year Built
- 1920
- Living Area
- 6,782
Property Description
Incredible high-yielding multi-family addition for your portfolio in Piqua! Located half a mile north of downtown, this investment opportunity features two separate brick structures comprising two studios, two 1-bedroom units, and four spacious 2-bedroom units sharing 6,782 sqft. Over $145k in updates since 2018, including a newer shingle roof (approx. 3 yrs old), brand new windows (2023), finished exteriors, and beautifully updated interior configurations finalized between 2019 and 2025. Offers stable cash flow with active leases signed into 2027 at full asking rates. Current average effective rent $8638/mo. Features on-site driveway parking alongside a detached 2-car garage. Immediate turnkey operational value with excellent room for continued optimization. Buyer to verify all figures.
Additional Information
- Acres
- 0.27
- Living Area
- 6,782
- Basement Desc
- Other
- Garage Desc
- Detached, Garage, Two Car Garage
- Cooling
- None
- Heating
- Forced Air
- School District
- Piqua
- Zoning
- Multiple
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Courtesy of Eric Mielke and Outside The Box Real Estate
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors® MLS IDX Database. Real estate listings from the Dayton Area Board of Realtors® MLS IDX Database held by brokerage firms other than TMG Realty are marked with the IDX logo and are provided by the Dayton Area Board of Realtors® MLS IDX Database. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in. Copyright© 2026 Dayton Area Board of Realtors®