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115 E Norman Avenue, Dayton, OH 45405

Dayton
Local realty services provided by:CENTURY 21 HomeStar
115 E Norman Avenue,Dayton, OH 45405
$237,900
  • 1 Beds
  • 1 Baths
  • 4,176 sq. ft.
  • Multi-family
  • Active
Listed by: philip l herman
Office: re/max real estate specialists
MLS#:970536
Source:OH_DABR

Price summary

  • Price:$237,900
  • Price per sq. ft.:$56.97

About this home

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,...

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Home facts

  • Year built:1950
  • Subdivision & Development:City/Dayton Rev
  • Listing ID #:970536
  • Added:14 day(s) ago
  • Updated:October 22, 2026 at 04:01 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Basement:Yes
  • Basement Description:Full, Unfinished
  • Living area:4,176 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1950
  • Building area:4,176 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Brick

Finances and disclosures

  • Price:$237,900
  • Price per sq. ft.:$56.97

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