601 E  Canal St, Troy, OH 45373
Property image
Property image
SOLD
JUN 24, 2026

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

  • Map ViewExplore the area around 601 E Canal St.
  • Schools2 Elementary Schools2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

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.
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

Interior Features

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)

Exterior Features

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

Property Information

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

Price & Status

Price
List Price: $185,000Price Per Sqft: $119/sqft
Status Change & Dates
Off Market Date: Wed Jun 24 2026Possession Timing: Subject To Tenant Rights

Active Status

MLS Status: Closed

Location

Direction & Address
City: TroyCommunity: Troy
School Information
Elementary School District: TroyJr High / Middle School District: TroyHigh School District: Troy

Building

Building Area
Building Area: 1618 Square Feet

HOA

Association for this Listing: Dayton Area Board of REALTORS

Lot Information

Lot Area: 0.36 acres

Business

Business Information
Ownership: Corporate Owned
Expense
Tenant Pays: Electricity, Gas

Miscellaneous

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 22 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

DatePriceEventSource
06/24/2026$193,000Sold
DABR MLS #958891
05/14/2026$185,000Listed For SaleDABR MLS #958891
01/05/2026$1,300ListingRemovedZillow Rentals
12/21/2025$1,300Listed For RentZillow Rentals
01/17/2013$46,000Sold
N/A
11/20/2006$112,000Sold
N/A
03/17/2000$110,000Sold
N/A

Market trends in Troy

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$269K
$3.9K
MoM
Sale-to-List Price
99.9%
1.0%
MoM
Price per sq ft
$170
$11
MoM
Available listings
135
31
MoM
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Property Tax and Assessment

Year2025
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

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Assigned Schools

These are the assigned schools for 601 E Canal St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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.
  • Juland2a
    "Great neighborhood, close to shopping, hospital, healthcare, not too big or small, close to interstate."
  • Petepalkovic
    "Great area to live in. Low traffic and easy to get around. Wish it had more and better restaurants. "
  • Juland2a
    "Nice place to walk your dog. One road is a busy road so don’t let your dog run loose. Everyone picks up after their dogs."
  • Jim Walters
    "Great place to live. Most people are very friendly. Downtown is very nice. Nice parks. Very friendly neighborhoods. "
  • User
    "Kensington neighborhood looks like it should be nice, but people drive entirely too fast through here, blow stop signs constantly, and everyone with a dog seemingly lets it bark at will and defecate in other people's lawns. "
  • Jim W.
    "I lived in Troy for several years. Definitely a nice area. No public transportation. There are areas that were rough thirty years ago and had not improved any. However, there are a lot of good neighborhoods. If you are moving from out of state, don’t rely on your realtor says on what areas are rough, get residents opinions. "
  • Thebuckeyerunner
    "We are within 3 minutes of the super Kroger and live on 3/4 acres with a 15 acre lake. Everyone is friendly and only 20 minutes from Dayton. "
  • Shawn S.
    "Lived in this area for 21 years, great people that will help you if needed but most people tend to keep to themselves "
  • Thebuckeyerunner
    "I’ve lived here for 7 years and everyone is very friendly and you don’t have to worry about crime. The town is very clean and taxes are lower than most areas ... only 15-20 minutes to downtown Dayton! "
  • Lindsay T.
    "It’s small town USA. We know all of my parents neighbors and their dogs, good people, safe area, great area to have a small business and support local."
  • Trulia User
    "There is a great downtown. The schools are solid. Lots of parks in and around town. Friendly people."
  • Anthony K.
    "very caring neighborhoods and streets. very generous people in this community as well! great schools!"
  • Brittany W.
    "Great family friendly area. Great school as well. I feel safe in my neighborhood. my children love living here"
  • Christina M. D.
    "Great place to work and raise a family. Lots of sports for kids. Great neighborhood and neighbors ! "
  • Nickels82j
    "Perfect small town living, great shopping, restaurants, churches and school systems this town has something everyone and every age group"
  • Nikki C.
    "It is fine. I work in Kettering so it is about 30 minutes away. It is very easy going and routine. "
  • Thebuckeyerunner
    "Taxes are much cheaper (up to 50% cheaper) than the cities south of I-70 and the schools are just as nice in Troy "
  • Mary W.
    "I live my area and wouldn't like it any other way. The community is very safe and I feel very secure here. The neighbors are very friendly. "
  • Ronan R.
    "There is a nice big park behind one of the elementary schools around here. It’s plenty of space to play fetch or let your dog run, but it’s not all fenced in so be careful. "
  • Rogerskd1
    "great place to live. community atmosphere. great schools and pride in children and schools and education"
  • Eley.erin
    "There are many parks in and around Troy. Many of them are pet friendly and have nice paved walking, running, and biking paths. "
  • Elizabeth.almashy
    "A short walk to downtown or an easy car ride. Never much traffic. Easy to commute around town or walk around all the shops."
  • Charles K.
    "People are courteous to dog walkers and there are quite a few regulars in the neighborhood. Everyone is friendly and cleans up after their pets. "
  • Charles K.
    "lot's of dog walkers. cars are very courteous. neighbors are very friendly and dog owners clean up after their dogs. "
  • Mzmeikos
    "It’s definitely not abnormal to see dogs out and about with their owners! Troy has a Very friendly community! I do beleive that there should be at least one “dog only” park!"

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