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Pending
  • $250,000

    501 W Norman Ave, Dayton, OH 45406

    8beds
    6,720sqft
    : 
    Multi Family
    Built in 1929
    -- sqft lot
    $236,000 Zestimate®
    $37/sqft
    $-- HOA

    What's special

    Secured entry accessOrnamental fireplacesGlass block windowsHardwood floorsNewer dimensional roofing
    Investor Alert! Back on market due to purchasers inability to obtain financing. This solid brick 4-Plex is ideal for the smart investor looking to invest w/confidence. Appraisal and inspections were completed and this one is ready to go! CURB SIDE OFFERS ONLY with access granted within 48 hours of offer acceptance. With over 6,700 SQFT, this metropolitan low-rise consists of (4) two bedroom units each w/secured entry access, washer/dryer connections, ornamental fireplaces, hardwood floors and French Doors to private balconies. Features include newer dimensional roofing, glass block windows, gutters/downspouts, steel entry/exit doors, water heaters and interior/exterior electrical service panels from the pole inward! Features continue w/private parking to 4+ vehicles. Professional management is in place with conservative rental rates of $725 per unit. 2 units are currently vacant allowing the potential for owner occupancy and or a warranted rental rate increase. Tenants are responsible for gas and electric. Landlord supplies water, trash and sewage. Centered in Dayton’s “Fairview” community home to Fairview Commons; a beautifully landscaped area connecting residents and children w/Fairview Park, an aquatic play area and Fairview elementary. Easy access to the NEW Dayton Metro Library (Fairview Branch) and our thriving Downtown complete the value. Build financial security and community with 501 W. Norman today. Priced for action w/CASH, Conventional or Hard Money financing preferred. Property is in good condition but being sold in it's "AS-IS/WHERE-IS" condition. Seller will make no repairs - NO EXCEPTIONS. Limited due diligence/inspection periods WELCOMED. All offers must be accompanied w/proof of funds, include Sterling Land Title as the closing company & contain $1,000 earnest money deposit.
    89 days
    on Zillow
    |
    424
    |
    28
    |

    Zillow last checked: 7 hours ago

    Listing updated: August 27, 2025 at 08:38am

    Listed by:

    Jeffrey T Roberts (937)898-4400,

    RE/MAX Alliance Realty

    Source: DABR MLS,MLS#: 935460MLS LogoOriginating MLS: Dayton Area Board of REALTORS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced Air, Natural Gas
    Cooling
    • None
    Features
    • French Door(s)/Atrium Door(s), Remodeled
    • Basement: Full,Unfinished
    Interior area
    • Total structure area: 6,720
    • Total interior livable area: 6,720 sqft

    Property

    Parking
    • Parking features: No Garage, Parking Lot, Private
    Features
    • Patio & porch: Balcony, Patio
    • Exterior features: Balcony, Patio
    Lot
    • Size: 6,534 Square Feet
    Details
    • Parcel number: R72117020030
    • Zoning: Residential
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1929

    Utilities & green energy

    • Sewer: Storm Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Sewer Available, Water Available, Cable Available

    Community & HOA

    Community
    • Subdivision: City/Dayton Rev
    Location
    • Region: Dayton

    Financial & listing details

    • Price per square foot: $37/sqft
    • Date on market: 6/3/2025
    • Listing terms: Conventional
    • Tenant pays: Electricity, Gas
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