Property Description

Located in the heart of Piqua, this cash-flowing duplex is the kind of opportunity investors are always hunting for—but rarely find with this level of stability and return. The numbers speak loud and clear: an impressive 11.01% cap rate backed by solid rents. Upstairs tenant signed a fresh 1-year lease in January 2026 and the downstairs is month to month, giving you immediate, reliable income from day one. The lower unit offers a spacious 2-bedroom, 1-bath layout, currently rented at $925/month. It’s supported by major mechanical updates including a furnace, water heater, and updated electrical panels with new service entry cable (2014)—the kind of improvements that protect your bottom line. Upstairs, the 1-bedroom, 1-bath unit brings in $650/month and has been freshly updated in 2026 with new paint and durable LVP flooring, making it an attractive and low-maintenance space for tenants. This unit also benefits from updated furnace and water heater (2014). Outside, a new garage roof in 2025 adds yet another layer of value and peace of mind.This is what smart investing looks like—strong returns, updated systems, and locked-in income. Whether you're building your portfolio or adding a high-performing asset, 121 S Roosevelt Ave delivers the kind of cash flow that makes a difference. For investors looking to scale, this property can also be purchased as a package deal with a companion property located at 601 E Canal St. in Troy, offering an excellent opportunity to expand your portfolio with multiple income-producing assets. AS-IS OFFERS ONLY!

Property Features

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