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Sold for $235,000
  • $235,000

    108 E Norman Ave, Dayton, OH 45405

    8beds
    --sqft
    Multi Family
    Built in 1951
    -- sqft lot
    $245,100 Zestimate®
    $--/sqft
    $845 Estimated rent

    Home value

    $245,100

    $223,000 - $270,000

    $845/mo

    Zestimate® history
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    $845/mo

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    $1,674/mo

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    $1,674/mo

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    What's special

    Practical and efficient layout
    This well-maintained four-unit multifamily property offers an excellent opportunity for investors seeking a stable addition to their portfolio. Each unit is designed with two bedrooms and one bathroom, providing a practical and efficient layout that appeals to a wide range of renters. The building is currently vacant, giving new ownership flexibility to determine rental terms and complete finishing touches before occupancy. The property is in good overall condition, minimizing the need for major repairs and offering a strong foundation for value-add improvements. Investors will have the chance to implement upgrades that align with their leasing strategy, which can further enhance rental income and tenant appeal. According to HUD’s Small Area Fair Market Rents, the estimated rental value for each unit is approximately $930 per month. With all four units leased, this equates to an estimated gross rental income of $3,720 per month. This projection highlights the property’s strong income potential and positions it as a compelling opportunity in today’s multifamily market. Located in Dayton, the property benefits from convenient access to local services, shopping, schools, and major transportation routes. Its central location makes it appealing for long-term tenant demand. For investors, the combination of multiple units under one roof, reliable market rent projections, and the ability to add value through finishing work creates a strong foundation for long-term returns. Whether you are an experienced investor expanding your portfolio or seeking your first multifamily property, 108 E. Norman Avenue represents a rare opportunity to acquire a vacant, ready-for-improvement asset with excellent cash flow potential in the Dayton market. PROPERTY IS BEING SOLD AS-IS.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brianna Thompson 513-693-7515,

    Howard Hanna Real Estate Serv

    Bought with:

    Kenny Ngaima, 2024006725

    Premier Agent Network

    Source: DABR MLS,MLS#: 942829MLS LogoOriginating MLS: Dayton Area Board of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Features
    • Basement: Full

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Four or more Spaces, Garage, Parking Lot, On Street
    • Garage spaces: 4
    Lot
    • Size: 7,480 Square Feet
    • Dimensions: 44 x 170
    Details
    • Parcel number: R72 06110 0009
    • Zoning: Residential
    • Zoning description: Residential
    • Special conditions: HUD Owned

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1951

    Utilities & green energy

    • Water: Public
    • Utilities for property: Natural Gas Available, Water Available

    Community & HOA

    Location
    • Region: Dayton

    Financial & listing details

    • Date on market: 9/4/2025
    • Ownership: Corporate Owned

    Price history

    DateEventPrice
    11/21/2025Sold$235,000+17.5%
    Source: DABR MLS #942829 Report a problem
    9/18/2025Pending sale$200,000
    Source: DABR MLS #942829 Report a problem
    9/16/2025Listed for sale$200,000
    Source: DABR MLS #942829 Report a problem
    9/9/2025Pending sale$200,000
    Source: DABR MLS #942829 Report a problem
    9/4/2025Listed for sale$200,000
    Source: DABR MLS #942829 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: North Riverdale

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Dayton

    Source: DABR MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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