$250,000
PENDING

Estimated payment $1,571/month

Total Views 1,379
8 Beds
4 Baths
6,720 Sq Ft
$37 Price per Sq Ft

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

Jeffrey Roberts

RE/MAX Alliance Realty Brokerage Phone: (937) 898-4400 License #0000386681 Listed on: 06/03/2025

RE/MAX Alliance Realty

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

Property Details

Home Type

Multi-Family

Year Built

1929

Lot Details

0

Listing Details

  • Cooling System: None
  • Property Sub Type: Multi Family
  • Cross Street: Mayfair Road
  • Year Built: 1929
  • Attribution Contact: (937) 898-4400
  • Lot Size Acres: 0.15
  • Co List Office Phone: (937) 898-4400
  • MLS Status: Pending
  • Living Area: 6720.0
  • Master Plan Zoning: Residential
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Interior Features

  • Interior Amenities: French Door(s)/Atrium Door(s), Remodeled
  • Basement: Full, Unfinished
  • Sewer: Storm Sewer
  • Property Type: Residential Income
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Stories: 2

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Balcony, Patio
  • Patio And Porch Features: Balcony, Patio

Garage/Parking

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

Utilities

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

Schools

  • Junior High Dist: Dayton

Lot Info

  • Lot Dimensions: City Lot
  • Lot Size Sq Ft: 6534.0
  • Parcel Number: R72-11702-0030
  • Zoning Description: Residential

Rental Info

  • Tenant Pays: Electricity, Gas
  • Land Lease Amount: 750.0

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

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Average Value
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List Price
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
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®

Source: Dayton REALTORS®

MLS Number: 935460

Dayton REALTORS®