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Street View
$237,900
Monthly Est:$1,184
1 Bed
1 Bath1 full bath
4,176sqft
115 E Norman Ave, Dayton, OH 45405
$237,900
$1,184/moEst:
Get Pre-Approved
Multi Family
Built in 1950
$-- HOA
6,970 sqft lot
$57/sq.ft
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.
- Houzeo last checked: 12 hours ago
- Listing updated: October 7, 2026 at 8:26 pm
- Listing Provided by: Philip L Herman (937) 305-4838 | RE/MAX Real Estate Specialists (937) 436-9900
- Source: Dayton Realtors MLS-OH | MLS#: 970536
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1950
HOA Fees
-
Finished Area
4,176 sqft
Lot Size
6,970 sqft lot
Basement Area
- sqft
MLS Name
Dayton Realtors MLS
MLS Number
970536
MLS Status
Active
Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathroom: 1
Interior
Heating
Baseboard
Cooling
Other
Appliances
Electric Water Heater
Interior Features
Ceiling Fans
Construction
Year Built
Year Built: 1950
Home type
Multi Family
Construction Materials
Brick
Utilities & Energy
Parking Features
No Garage
Basement
Full, Unfinished
Utilities
Sewer Available, Water Available
Water Source
Public
Security Features
Smoke Detectors
Other Features
Tenant Pays
Electricity
Subdivision Name
City/dayton Rev
Price History
| Date | Event | Price |
|---|---|---|
10/07/2026 Source: | Price Decreased | $237,900 -17.97% $57/sqft |
03/27/2026 Source: | Off Market | $290,000 $69/sqft |
03/27/2026 Source: | Listed for Sale | $290,000 +52.63% $69/sqft |
09/02/2025 Source: | Sold | $190,000 -7.54% $45/sqft |
08/19/2025 Source: | Contingent (Active Under Contract) | $205,490 $49/sqft |
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Based on information from Dayton Realtors® MLS through Oct 07, 2026, 06:00AM. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Dayton Area Board of Realtors®, Inc. All rights reserved.
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