115 E Norman Avenue
Dayton, OH 45405
1
Bed
1
Bath
4,176Sqft
6,970Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 1Bathroom Information
Total Baths: 1 Full Baths: 1Room Information
Has Basement: Yes Basement: Full, Unfinished -
Interior Features
Ceiling Fan(s) Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Baseboard Has Cooling: Yes Cooling: Ceiling Fan(s), Other
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Building Information
Year Built: 1950 Building Area Total: 4176 Construction Materials: Brick Private Pool: No
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Lot Information
Lot Dimensions: 40x171 Main Square Feet: 6970 Square Feet Lot Size Acres: 0.16 Lot Size Source: Assessor Lot Size Square Feet: 6970Property Information
Subdivision: City/Dayton Rev Source Property Type: Residential Income Postal Code Plus 4: 3549 Zoning Description: Multiple Property SubType: Multi Family Property Age: 76
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Listing Price Information
Listing Price: $237900
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Tax Information
Parcel Number: R72-06102-0059 Tax Legal Desc: 41222
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Parking Information
No Garage
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Utility Information
Sewer Available, Water Available -
Location Information
WaterSource: Public Security Features: Smoke Detector(s)
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 51 Vincent Street, Dayton, OH, 45405 | $40,000 | 4 | 2 | 1,760 | 5,319 Sq. Ft |
| 35 Vincent Street, Dayton, OH, 45405 | $135,000 | 4 | 3 | 2,638 | 9,500 Sq. Ft |
| 455 Forest Avenue, Dayton, OH, 45405 | $750,000 | 21 | 11 | 12,074 | 16,553 Sq. Ft |
| 61 Drake Avenue, Dayton, OH, 45405 | $99,000 | 4 | 2 | 1,514 | 4,225 Sq. Ft |
| 2005 Riverside Drive, Dayton, OH, 45405 | $134,900 | 4 | 3 | 840 | 5,293 Sq. Ft |
| 603 Rockford Avenue, Dayton, OH, 45405 | $230,900 | 4 | 4 | 5,760 | 436 Acres |
| 615 Rockford Avenue, Dayton, OH, 45405 | $220,000 | 4 | 4 | 4,788 | 6,534 Sq. Ft |
| 643 Rockford Avenue, Dayton, OH, 45405 | $59,000 | 6 | 2 | 2,714 | 6,321 Sq. Ft |
| 15 Ridge Avenue, Dayton, OH, 45405 | $265,000 | 4 | 4 | 4,032 | 5,227 Sq. Ft |
| 924-926 Grafton Avenue, Dayton, OH, 45405 | $69,900 | 6 | 2 | 2,542 | 5,680 Sq. Ft |
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ByOwner last updated this listing 10/08/2026 @ 02:51
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