501 W Norman Ave Dayton, OH 45406
Fairview NeighborhoodEstimated payment $1,571/month
Highlights
- Balcony
- Patio
- Forced Air Heating System
About This Home
Investor Alert! Back on market due to purchasers inability to obtain financing. This solid brick 4-Plex is ideal for the smart investor looking to invest w/confidence. Appraisal and inspections were completed and this one is ready to go! CURB SIDE OFFERS ONLY with access granted within 48 hours of offer acceptance. 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 Agent
RE/MAX Alliance Realty Brokerage Phone: (937) 898-4400 License #0000386681 Listed on: 06/03/2025

Property Details
Home Type
- Multi-Family
Year Built
- 1929
Lot Details
- 6,534 Sq Ft Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 6,720 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- No Garage
- Private Parking
- Parking Lot
Outdoor Features
- Balcony
- Patio
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 4 Units
- City/Dayton Rev Subdivision
Listing and Financial Details
- Assessor Parcel Number R72-11702-0030
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/27/2025 08/27/25 | Pending | -- | -- | -- |
06/03/2025 06/03/25 | For Sale | $250,000 | +9.6% | $37 / Sq Ft |
05/17/2024 05/17/24 | Sold | $228,000 | -8.4% | $34 / Sq Ft |
03/05/2024 03/05/24 | Pending | -- | -- | -- |
01/15/2024 01/15/24 | For Sale | $249,000 | 0.0% | $37 / Sq Ft |
01/05/2024 01/05/24 | Pending | -- | -- | -- |
12/26/2023 12/26/23 | For Sale | $249,000 | -- | $37 / Sq Ft |
Source: Dayton REALTORS®
MLS Number: 935460

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