115 Norman Ave | Image 1
New
115 Norman Ave | Image 2
115 Norman Ave | Image 3
115 Norman Ave | Image 4

$237,900

For Sale

4 days ago

115 Norman Ave, Dayton, OH

House

MLS® 970536

1 Bed

1 Bath

4176 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4176 sqft
Garage 
Taxes 
Days Active 5
Lot Size 0.16 Acres
Approx. Age 1950
Avg. Price Per Sqft $56
MLS® Number 970536

Property Address: 115 Norman Ave, Dayton, OH, 45405-3549

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity! Full-brick, two-story four-family property built in 1950 offering 4, 176 square feet and four 1-bedroom apartments, all currently leased at $750/month. Gross rental income is $36, 000 annually, providing immediate income from day one. Units 3 and 4 have been recently updated and remodeled, representing approximately $14, 500 in seller capital improvements. Tenants pay electric and trash; owner pays property taxes, water, lawn care and snow removal. Annual property taxes are approximately $3, 332. Full basement with glass-block windows. Rear parking plus additional off-street parking. Convenient Norman Avenue location with easy access to I-75, downtown Dayton, University of Dayton, hospitals, dining and entertainment. Approximately one mile to I-75 and downtown. Solid value for an investor seeking an income-producing multifamily property with all four units already occupied. *expences listed include property taxes plus some expences, not all expences, waiting to receive total expences and breakdown of expences to arrive at a total expence and accurate NOI.
MLS® Number970536
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
BasementFull, Unfinished
DrivewayNo Garage
Garage Spaces
HeatBaseboard
A/COther

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 7, 2026List Date
$237,900List Price
  • Commute

Commute

Starting Address
Destination Address
115 Norman Ave, Dayton, OH

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