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501 W Norman Avenue

Dayton, OH 45406

8 beds
4 baths
6,720 sqft
6,534 sqft lot
$37 per sqft
1929 build
– on site

Investor Alert! This solid brick 4-Plex is ideal for the smart investor looking to invest w/confidence. 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.

Listing courtesy of DABR / RE/MAX Alliance Realty

Last checked: Checking… • Last updated Jun 7, 2025 •

MLS# 935460 —

The Building

Year Built:

1929
Construction Materials:

Brick
Building Area Total:

6720.0
Exterior Features:

Balcony,Patio
Patio And Porch Features:

Balcony,Patio
Stories Total:

2
Basement:

Full,Unfinished
Basement:

true

Interior

Interior Features:

FrenchDoorsAtriumDoors,Remodeled

Room Dimensions

Living Area:

6720.0
Living Area Source:

Assessor

Financial & Terms

Lease Amount:

725.0
Tenant Pays:

Electricity,Gas

Location

Directions:

From Salem Avenue head North onto Catalpa Drive then Left onto Norman Avenue. Property rests on the corner of Norman and Maryfair. No signage on property.
Cross Street:

Mayfair Road
Longitude:

-84.220566

The Property

Property Type:

ResidentialIncome
Property Sub Type:

MultiFamily
Property Sub Type Additional:

MultiFamily
Lot Size Acres:

0.15
Lot Size Area:

6534.0
Lot Size Dimensions:

City Lot
Lot Size Square Feet:

6534.0
Lot Size Source:

Assessor
Parcel Number:

R72-11702-0030
Zoning:

Residential
Zoning Description:

Residential
Latitude:

39.78409

Listing Agent

Contact info:

Taxes

Tax Legal Description:

47304

Beds

Bedrooms Total:

8

Baths

Bathrooms Total:

4
Bathrooms Full:

4

Heating & Cooling

Heating:

ForcedAir,NaturalGas
Heating:

true
Cooling:

false
Cooling:

None

Utilities

Utilities:

NaturalGasAvailable,SewerAvailable,WaterAvailable,CableAvailable
Sewer:

StormSewer
Water Source:

Public

Schools

High School District:

Dayton
Elementary School District:

Dayton
Middle Or Junior School District:

Dayton

The Community

Subdivision Name:

City/Dayton Rev

Parking

Garage:

false
Parking Features:

NoGarage,ParkingLot,Private

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/7/25 Jun 7, 2025	Sold Subject To Contingencies	DABR	$250,000
6/3/25 Jun 3, 2025	Listed / Active	DABR	$250,000	9.6% (9.2% / YR)
5/17/24 May 17, 2024		DABR	$228,000

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This multifamily located in North Central Dayton, Dayton, OH 45406 is currently for sale for $250,000. 501 W Norman Avenue is a 6,720 square foot multifamily with 8 beds and 4 baths that has been on Estately for 9 days. 501 W Norman Avenue is in the North Central Dayton neighborhood of Dayton and has a WalkScore® of 33, making it car-dependent. This multifamily is in the attendance area of Belle Haven Prek-6 School, Meadowdale Prek-6 School, and Valerie Prek-6 School.

Listing Courtesy of: DABR and RE/MAX Alliance Realty.

© 2025 DABR MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. DABR MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. DABR MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.