138 E 3rd St
Dayton, OH 45402
Downtown
4 Beds
4 Baths
7,144 sqft
4 Beds
4 Baths
7,144 sqft
Local Information
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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.
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.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$35
Listed
180+ days ago
Home Details for 138 E 3rd St
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Interior Details Basement: Full,Unfinished |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 7144 Square Feet |
Appliances & Utilities Utilities: Natural Gas Available, Water Available |
Heating & Cooling Heating: OtherNo CoolingAir Conditioning: NoneHeating Fuel: Other |
Levels, Entrance, & Accessibility Number of Stories: 3 |
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Parking & Garage No GarageParking: No Garage,On Street |
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Days on Market: 180+ |
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Year Built Year Built: 1865 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Brick |
Property Information Parcel Number: R72005080015 |
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Price List Price: $250,000Price Per Sqft: $35 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Active |
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Direction & Address City: DaytonCommunity: East Third St |
School Information Elementary School District: DaytonJr High / Middle School District: DaytonHigh School District: Dayton |
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Listing Agent Listing ID: 944969 |
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Building Area Building Area: 7144 Square Feet |
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Association for this Listing: Dayton Area Board of REALTORS |
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Lot Area: 1873.08 sqft |
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Listing Terms: Conventional |
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Business Information Ownership: Agent Owned |
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BasementMls Number: 944969Living Area Range Units: Square FeetAttribution Contact: (937) 275-2020Universal Property Id: US-39113-N-R72005080015-R-N |
Last check for updates: about 8 hours ago
Listing courtesy of Ruby Annie Newbourn, (937) 275-2020
Unity Real Estate
Originating MLS: Dayton Area Board of REALTORS
Source: DABR MLS, MLS#944969
Also Listed on DABR MLS.
Price History for 138 E 3rd St
| Date | Price | Event | Source |
|---|---|---|---|
| 05/21/2026 | $250,000 | PriceChange | DABR MLS #944969 |
| 04/30/2026 | $275,000 | PriceChange | DABR MLS #944969 |
| 03/19/2026 | $300,000 | PriceChange | DABR MLS #944969 |
| 10/03/2025 | $350,000 | Listed For Sale | DABR MLS #944969 |
| 07/21/2025 | $158,000 | Sold | DABR MLS #926940 |
| 06/26/2025 | $250,000 | Pending | DABR MLS #926940 |
| 06/15/2025 | $250,000 | PendingToActive | DABR MLS #924519 |
| 06/02/2025 | $250,000 | Pending | DABR MLS #924519 |
| 05/24/2025 | $250,000 | PriceChange | DABR MLS #924519 |
| 04/03/2025 | $275,000 | PriceChange | DABR MLS #926940 |
| 03/14/2025 | $299,900 | PriceChange | DABR MLS #926940 |
| 11/30/2024 | $310,000 | Listed For Sale | DABR MLS #924519 |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $1,672 |
| Assessment | $34,080 |
Home facts updated by county records
Comparable Sales for 138 E 3rd St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.39 | Multi-Family Home | $310,000 | 05/19/26 | 6 | 3 | 2,800 | |
0.49 | Multi-Family Home | $605,000 | 08/11/25 | 6 | 6 | 5,856 | |
0.67 | Multi-Family Home | $150,000 | 09/19/25 | 4 | 2 | 1,444 | |
0.89 | Multi-Family Home | $225,000 | 05/19/26 | 4 | 2.5 | 1,896 | |
0.56 | Multi-Family Home | $285,000 | 03/10/26 | 5 | 4 | - | |
0.84 | Multi-Family Home | $179,900 | 12/23/25 | 4 | 2 | 2,232 | |
1.10 | Multi-Family Home | $157,000 | 10/10/25 | 4 | 3.5 | 2,090 |
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Assigned Schools
These are the assigned schools for 138 E 3rd St.
- Belmont High School
- 7-12
- Public
- 1097 Students
2/10GreatSchools RatingParent Rating AverageGood Luck. Live just around the corner and at least once a week you see a group of kids chasing a single teen, when they catch them they Jump them.Parent Review1y ago - Wright Brothers Pre-K-8 School @ Grant
- 7-8
- Public
- 380 Students
2/10GreatSchools RatingParent Rating Averagewright brothers is a great school my sons been going there since k and i can see how he improves each so that shows me that he is learning and has been honor roll every yearParent Review12y ago - Ruskin Prek-8 School
- PK-6
- Public
- 553 Students
3/10GreatSchools RatingParent Rating AverageMy three kids are in this school,all of them love their teachers even the nurse,one of my kids is autistic and he loves hanging out with her when he has his moments,the best part is that they always help doing what they can to keep him at school . I HAVE A LOT TO THANK THEM.Parent Review2y ago 
Check out schools near 138 E 3rd St.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Downtown
At least 17 Trulia users voted on each feature.
92 % Say there are sidewalks
85 % Say it's dog friendly
79 % Say streets are well-lit
69 % Say there's holiday spirit
68 % Say car is needed
63 % Say parking is easy
57 % Say it's walkable to restaurants
56 % Say people would walk alone at night
53 % Say there are community events
53 % Say yards are well-kept
45 % Say kids play outside
44 % Say it's walkable to grocery stores
41 % Say it's quiet
41 % Say neighbors are friendly
32 % Say they plan to stay for at least 5 years
27 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Ruby Annie Newbourn, Unity Real Estate
Agent Phone: (937) 275-2020
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.