NOT LISTED FOR SALE
8 Beds
4 Baths
4,872 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: May 1, 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 a
3,248 square-foot building with four two bedroom, 1 bath units, this low-rise gem exudes timeless charm, originally
constructed 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 established
asset in a sought-after location. Don't miss the chance to acquire this turnkey investment and establish a
strong 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 License #2004015169 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

Glasshouse Realty Group License #2018003893

Glasshouse Realty Group

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

7,405 Sq Ft Lot

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2026
Sold by
Bought by

Purchase Details

Listed on
Mar 28, 2024
Closed on
May 1, 2024
Sold by
Bought by
Seller's Agent
Doug Broomhall
West Fork Realty Group LLC
Buyer's Agent
Annette Sand
Glasshouse Realty Group
List Price
$269,000
Sold Price
$240,000
Premium/Discount to List
-$29,000
-10.78%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
0.0717%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2023
Sold by
Bought by

Purchase Details

Closed on
Aug 26, 2020
Sold by
Bought by

Purchase Details

Listed on
Sep 15, 2017
Closed on
Nov 28, 2017
Sold by
Bought by
Seller's Agent
Brent Warmoth
Monocle Real Estate Solutions
Buyer's Agent
Not Member
NOTCINCYMEM
List Price
$40,000
Sold Price
$42,300
Premium/Discount to List
$2,300
5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,725
Interest Rate
0.0394%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2015
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 2, 2013
Sold by
Bought by

Purchase Details

Closed on
May 28, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,550
Interest Rate
0.091%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$240,000 Landmark Title
-- None Listed On Document
$75,000 Pctitle Pros
$42,300 Sterling Land Title Agency I
-- None Available
$119,713 None Available
$119,713 None Available
$109,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $187,000
Previous Owner $31,725
Previous Owner $98,550
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,871 $49,050 $5,180 $43,870
2024 $4,709 $49,050 $5,180 $43,870
2023 $4,709 $49,050 $5,180 $43,870
2022 $3,595 $33,150 $3,500 $29,650
2021 $3,634 $33,150 $3,500 $29,650
2020 $3,653 $33,150 $3,500 $29,650
2019 $2,540 $22,090 $3,500 $18,590
2018 $2,548 $22,090 $3,500 $18,590
2017 $2,543 $22,090 $3,500 $18,590
2016 $2,614 $22,090 $3,500 $18,590
2015 $2,512 $22,090 $3,500 $18,590
2014 $2,512 $22,090 $3,500 $18,590
2012 -- $25,170 $3,190 $21,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Dayton REALTORS®

MLS Number: 907775

Dayton REALTORS®

APN: R72-06110-0012

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