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501 W Norman Avenue Dayton, OH 45406

0.15
Acres
$250,000
MLS# 935460
0
0.15 AC
1/6
    2/6
    3/6
    Photos
    Map
    Photos
    Map

    Sale Pending

    More About 501 W Norman Avenue

    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.

    Connect with a loan officer to get started!

    Directions to this Listing

    : 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.

    Information Refreshed: 6/25/2025 3:30 AM

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    Property Details

    • MLS#:

      935460
    • Type:

      Multi Family
    • County:

      Montgomery
    • Age:

      96
    • Construction:

      Brick
    • Cooling:

      None
    • Inside Features:

      Remodeled, French/Atrium Door
    • Lot Description:

      City Lot
    • School District:

      Dayton City
    This listing courtesy of Jeffrey Roberts (937) 559-6661 , RE/MAX Alliance Realty (937) 898-4400

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    Monthly Cost

    Mortgage Calculator

    *The rates & payments shown are illustrative only.
    Payment displayed does not include taxes and insurance. Rates last updated on 6/18/2025 from Freddie Mac Primary Mortgage Market Survey. Contact a loan officer for actual rate/payment quotes.
    $1,305*
    Estimated monthly total
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    OH•45406•Montgomery County•Dayton•501 W Norman Avenue

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    Contact our Customer Care team
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