501 W Norman Avenue, Dayton, OH 45406
Local realty services provided by:ERA Petkus Weiss



501 W Norman Avenue,Dayton, OH 45406
$250,000
- 8 Beds
- 4 Baths
- 6,720 sq. ft.
- Multi-family
- Active
Listed by:jeffrey t roberts(937) 898-4400
Office:re/max alliance realty
MLS#:935460
Source:OH_DABR
Price summary
- Price:$250,000
- Price per sq. ft.:$37.2
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.
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Home facts
- Year built:1929
- Listing Id #:935460
- Added:70 day(s) ago
- Updated:August 12, 2025 at 03:34 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:6,720 sq. ft.
Structure and exterior
- Year built:1929
- Building area:6,720 sq. ft.
- Lot area:0.15 Acres
Finances and disclosures
- Price:$250,000
- Price per sq. ft.:$37.2
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