NOT LISTED FOR SALE

116 E Norman Ave Dayton, OH 45405

North Riverdale Neighborhood
8 Beds
4 Baths
4,872 Sq Ft
7,405 Sq Ft Lot

Last Sold May 01, 2024

Last sale price $240,000 $49 Per Sq Ft

4 Days on Market

About This Home

As of May 2024

Introducing an exceptional investment opportunity in the heart of Dayton, OH located at 116 E Norman Ave. Boasting a3,248 square-foot building with four two bedroom, 1 bath units, this low-rise gem exudes timeless charm, originallyconstructed in 1951 and two units refurbished in 2024. Tenants pay for heat and electric. With a 75% occupancy rate,this property presents a compelling investment prospect for multifamily investors looking to capitalize on a well establishedasset in a sought-after location. Don't miss the chance to acquire this turnkey investment and establish astrong foothold in the thriving Dayton multifamily market. Rents are: Apt 1 - $800, Apt 2 - $700, Apt 3 - $750 vacant, Apt 4 - $750.

Last Agent to Sell the Property

Doug Broomhall

West Fork Realty Group LLC Brokerage Phone: (513) 936-9110 Listed on: 03/28/2024

Co-Listed By

Todd Broomhall

Keller Williams Home Town Rlty Brokerage Phone: (513) 936-9110 License #2021008836

Last Buyer's Agent

Annette Sand

Plum Tree Realty License #2018003893

Plum Tree Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1951

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 44' x 170'

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,872 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • No Garage
  • Parking Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number R72-06110-0012

Community Details

Overview

  • 4 Units
  • City/Dayton Rev Subdivision

Building Details

  • Gross Income $36,000
  • Net Operating Income $24,230

Property Details

Home Type

Multi-Family

Year Built

1951

Lot Details

0

Listing Details

  • Major Appliances: Range, Refrigerator
  • Cooling System: None
  • Property Sub Type: Multi Family
  • Year Built: 1951
  • Attribution Contact: (513) 936-9110
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: KWHT01
  • Co List Office Phone: (937) 890-9111
  • Co List Office Phone: (513) 936-9110
  • MLS Status: Closed
  • Living Area: 4872.0
  • Master Plan Zoning: Residential,Multiple
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Sewer: Storm Sewer
  • Property Type: Residential Income
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, Parking Lot

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Junior High Dist: Dayton

Lot Info

  • Lot Dimensions: 44' x 170'
  • Lot Size Sq Ft: 7405.0
  • Parcel Number: R72-06110-0012
  • Zoning Description: Residential,Multiple

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Annual Gross Income: 36000.0
  • Property Net Operating Income: 24230.0
  • Number Of Units Total: 4

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $240,000 -10.8% $49 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/28/2024 03/28/24 For Sale $269,000 +535.9% $55 / Sq Ft
03/05/2018 03/05/18 Off Market $42,300 -- --
12/04/2017 12/04/17 Sold $42,300 +5.8% $9 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $40,000 -- $8 / Sq Ft
Source: Dayton REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Doug Broomhall

    Seller's Agent in 2024

    Doug Broomhall

    West Fork Realty Group LLC

    (740) 972-6381

    9 in this area

    65 Total Sales

    Section Image
  • Todd Broomhall

    Seller Co-Listing Agent in 2024

    Todd Broomhall

    Keller Williams Home Town Rlty

    (937) 672-2850

    3 in this area

    201 Total Sales

    Section Image
  • Annette Sand

    Buyer's Agent in 2024

    Annette Sand

    Plum Tree Realty

    (937) 559-8512

    1 in this area

    74 Total Sales

    Section Image

  • B

    Seller's Agent in 2017

    Brent Warmoth

    Monocle Real Estate Solutions

    Section Image

  • N

    Buyer's Agent in 2017

    Not Member

    NOTCINCYMEM

See All Agents

Map

Source: Dayton REALTORS®

MLS Number: 907775

Dayton REALTORS®

APN: R72-06110-0012

Ohio Montgomery County Dayton 45405 North Riverdale

116 E Norman Ave, Dayton, OH

This home is located at 116 E Norman Ave, Dayton, OH 45405 since 28 March 2024. This property was built in 1951. 116 E Norman Ave is a home located in Montgomery County with nearby schools including Valerie Elementary School, Deca Prep, and Gem City Career Prep High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Dayton REALTORS® The information is being provided by Dayton Area Board of Realtors MLS. Information deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Dayton Area Board of Realtors MLS. All Rights Reserved.

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