601 E Canal St
Troy, OH 45373
- 4 Beds
- 2 Baths
- 1,618 sqft (on 0.36 acres)
$193,000
Last Sold: Jun 24, 2026
4% over list $185K
$119/sqft
Est. Refi. Payment $1,185/mo*
$193,000
Last Sold: Jun 24, 2026
4% over list $185K
$119/sqft
Est. Refi. Payment $1,185/mo*
4 Beds
2 Baths
1,618 sqft
(on 0.36 acres)
Local Information
-- mins to
Description
Turn-key investment opportunity in the highly sought-after Troy school district—this one checks all the boxes. The heavy lifting is already done. Major mechanical updates include newer furnaces and electrical panels (2013), plus a brand-new furnace and garage door opener installed in 2026. Big-ticket items? Handled. Interior updates? Covered. Both units feature fresh flooring and paint (2025–2026), giving you a clean, modern feel that tenants love.
The lower unit is a spacious 3-bedroom, 1-bath layout renting at $1,300/month, complete with washer and dryer hookups—a major tenant draw. Lease in place through January 2027 provides immediate, stable income.
Upstairs, the 1-bedroom, 1-bath unit brings in $650/month and features newer LVP flooring (2026) and a remodeled kitchen (2022), offering low-maintenance ownership and strong rental appeal. Here’s where it gets interesting—rents are currently under market, leaving room for upside and increased cash flow. Even better, the layout allows for a potential conversion back to a single-family home, opening the door for resale or owner-occupant strategies.
Outside, you’ll find a 2-car detached garage, a large fenced yard, and low utility burden with water and sewer averaging around $100/month. Looking to scale? This property can be packaged with 121–121.5 S. Roosevelt Ave in Piqua for a strong multi-property investment play.
Opportunities like this—updated, income-producing, and value-add ready—don’t sit long.
The lower unit is a spacious 3-bedroom, 1-bath layout renting at $1,300/month, complete with washer and dryer hookups—a major tenant draw. Lease in place through January 2027 provides immediate, stable income.
Upstairs, the 1-bedroom, 1-bath unit brings in $650/month and features newer LVP flooring (2026) and a remodeled kitchen (2022), offering low-maintenance ownership and strong rental appeal. Here’s where it gets interesting—rents are currently under market, leaving room for upside and increased cash flow. Even better, the layout allows for a potential conversion back to a single-family home, opening the door for resale or owner-occupant strategies.
Outside, you’ll find a 2-car detached garage, a large fenced yard, and low utility burden with water and sewer averaging around $100/month. Looking to scale? This property can be packaged with 121–121.5 S. Roosevelt Ave in Piqua for a strong multi-property investment play.
Opportunities like this—updated, income-producing, and value-add ready—don’t sit long.
601 E Canal St, Troy, OH 45373 is a 4 bedroom, 2 bathroom, 1,618 sqft multi-family built in 1920. It last sold for $193,000 on Jun 24, 2026 (4% above the $185,000 asking price). More recently, it was listed as a rental in December 2025 with an asking price of $1,300 per month. That rental listing was removed on January 5, 2026. It is currently off market. The Trulia Estimate is $193,700, with a rent estimate of $1,427/month.
Home Highlights
Parking
Garage
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$119/sqft
Listed
65 days ago
Home Details for 601 E Canal St
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Interior Details Basement: Partial,Unfinished |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1618 Square Feet |
Appliances & Utilities Utilities: Natural Gas Available, Sewer Available, Water Available, Cable AvailableAppliances: Dishwasher, Range, RefrigeratorDishwasherRefrigerator |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Forced Air |
Windows, Doors, Floors & Walls Window: Double Pane Windows, Insulated WindowsDoor: 6 Panel Door(s) |
Levels, Entrance, & Accessibility Number of Stories: 2 |
Security Security: Smoke Detector(s) |
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Exterior Home Features Patio / Porch: Deck, PorchFencing: WoodExterior: Deck, Fence, Porch |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Driveway,Detached,Garage,Two Car Garage,Public,On Street |
Frontage Not on Waterfront |
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Year Built Year Built: 1920 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex, Multi Family |
Building Construction Materials: Frame, Vinyl Siding |
Property Information Parcel Number: D08101636 |
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Price List Price: $185,000Price Per Sqft: $119/sqft |
Status Change & Dates Off Market Date: Wed Jun 24 2026Possession Timing: Subject To Tenant Rights |
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MLS Status: Closed |
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Direction & Address City: TroyCommunity: Troy |
School Information Elementary School District: TroyJr High / Middle School District: TroyHigh School District: Troy |
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Building Area Building Area: 1618 Square Feet |
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Association for this Listing: Dayton Area Board of REALTORS |
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Lot Area: 0.36 acres |
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Business Information Ownership: Corporate Owned |
Expense Tenant Pays: Electricity, Gas |
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BasementMls Number: 958891Living Area Range Units: Square FeetAttribution Contact: (937) 890-9111Universal Property Id: US-39109-N-D08101636-R-N |
Last check for updates: about 2 hours ago
Listed by Eric T Berger, (937) 890-9111
Keller Williams Home Town Rlty
Bought with: Mark E Davison, (937) 750-7653, Sibcy Cline Inc.
Originating MLS: Dayton Area Board of REALTORS
Source: DABR MLS, MLS#958891

Price History for 601 E Canal St
| Date | Price | Event | Source |
|---|---|---|---|
| 06/24/2026 | $193,000 | Sold | DABR MLS #958891 |
| 05/14/2026 | $185,000 | Listed For Sale | DABR MLS #958891 |
| 01/05/2026 | $1,300 | ListingRemoved | Zillow Rentals |
| 12/21/2025 | $1,300 | Listed For Rent | Zillow Rentals |
| 01/17/2013 | $46,000 | Sold | N/A |
| 11/20/2006 | $112,000 | Sold | N/A |
| 03/17/2000 | $110,000 | Sold | N/A |
Market trends in Troy
Last updated June 2026
Avg. sale price
$269K
$3.9KMoM
Sale-to-List Price
99.9%
1.0%MoM
Price per sq ft
$170
$11MoM
Available listings
135
31MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $2,034 |
| Assessment | $158,500 |
Home facts updated by county records
Comparable Sales for 601 E Canal St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Multi-Family Home | $92,000 | 09/03/25 | 3 | 2 | 1,670 | |
0.25 | Multi-Family Home | $203,000 | 09/26/25 | 3 | 2 | 1,705 | |
0.86 | Multi-Family Home | $140,000 | 06/23/26 | 4 | 2 | 1,737 | |
0.81 | Multi-Family Home | $170,000 | 07/16/26 | 3 | 3 | 1,783 | |
0.44 | Multi-Family Home | $100,000 | 04/06/26 | 2 | 2 | 2,232 | |
0.98 | Multi-Family Home | $150,000 | 05/01/26 | 5 | 2 | 1,872 | |
1.50 | Multi-Family Home | $246,170 | 03/06/26 | 5 | 2 | 2,058 | |
1.36 | Multi-Family Home | $460,000 | 10/31/25 | 8 | 4 | 4,860 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 601 E Canal St.
What Locals Say about Troy
At least 204 Trulia users voted on each feature.
89 % Say it's dog friendly
89 % Say car is needed
87 % Say parking is easy
84 % Say there are sidewalks
82 % Say yards are well-kept
80 % Say kids play outside
74 % Say people would walk alone at night
70 % Say there's holiday spirit
68 % Say streets are well-lit
66 % Say it's quiet
53 % Say neighbors are friendly
53 % Say they plan to stay for at least 5 years
48 % Say there's wildlife
45 % Say it's walkable to restaurants
43 % Say it's walkable to grocery stores
28 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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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.

