115, E, Norman, Avenue, Dayton, OH, 45405
115, E, Norman, Avenue, Dayton, OH, 45405Location Details
- County Or Parish: Montgomery
- School District: Dayton
- Zoning: Multiple
Property Details
- Lot Dimensions: 40x171
- Parcel Number: R72-06102-0059
- Construction Type: Brick
- Subdivision Name: City/Dayton Rev
- Distressed Property: None
- Transaction Type: Sale
Property Features
- Inside Features: Electric Water Heater,Paddle Fans,Smoke Alarm(s)
- Utilities: Public Water,Sanitary Sewer
- Basement: Full,Unfinished
- Heating: Baseboard
- Cooling: Other
- Garage: None
Miscellaneous
- Taxes Semi Annual: 1666.00
- Assessments: 0
Basics
- Baths Full: 1
- Baths Half: 0
- Date added: Added 4 days ago
- Acres: 0.1600
- Listing Contract Date: 2026-10-06
- Category: Multi-Family
- Type: 2-4 Units
- Status: Active
- Bedrooms: 1
- Bathrooms: 1.00
- Area: 4176 sq ft
- Lot size: 6970 sq ft
- Year built: 1950
- MLS ID: 970536
Courtesy of
- Office Name: RE/MAX Real Estate Specialists
- Agent Name: Philip L Herman
- Agent Email: Phil@philherman.com
- Agent Phone: (937) 305-4838
Description
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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.
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