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For sale
  • Price cut: $40.1K (8/10)
    $249,900

    115 E Norman Ave, Dayton, OH 45405

    4beds
    4,176sqft
    : 
    $1,883/mo
    Get pre-qualified
    Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $60/sqft
    $-- HOA

    What's special

    This four-unit multifamily property offers a fantastic investment opportunity with immediate income potential. Each of the four units features a comfortable 1-bedroom, 1-bathroom layout, appealing to a wide range of tenants. All units are currently tenant-occupied, providing stable, consistent cash flow from day one. Ideally located just minutes from downtown, residents enjoy convenient access to a variety of dining, shopping, and entertainment options. The property is also situated near a major hospital and the University of Dayton. Whether you're looking to expand your portfolio or secure a turnkey investment, this property combines strong rental demand with a prime setting.
    140 days
    |
    168
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    M.E. Jenkins (937)436-2700,

    Irongate Inc.

    Source: DABR MLS,MLS#: 955193MLS LogoOriginating MLS: Dayton Area Board of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Baseboard
      Cooling
      • None
      Appliances
      • Included: Range, Refrigerator, Electric Water Heater
      Features
      • Ceiling Fan(s)
      • Basement: Full,Unfinished
      Interior area
      • Total structure area: 4,176
      • Total interior livable area: 4,176 sqft

      Property

      Parking
      • Parking features: No Garage, On Street
      Lot
      • Size: 6,969 Square Feet
      • Dimensions: 0.16 acres
      Details
      • Parcel number: R72061020059
      • Zoning: Residential
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • Year built: 1950

      Utilities & green energy

      • Water: Public
      • Utilities for property: Sewer Available, Water Available

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      • Subdivision: City/Dayton Rev
      Location
      • Region: Dayton

      Financial & listing details

      • Price per square foot: $60/sqft
      • Tax assessed value: $95,100
      • Annual tax amount: $3,332
      • Date on market: 3/27/2026
      • Tenant pays: Electricity, Sewer, Trash Collection, Water

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,150/mo

        Price history

        DateEventPrice
        8/10/2026Price change$249,900-13.8%$60/sqft
        Source: DABR MLS #955193 Report a problem
        3/27/2026Listed for sale$290,000+52.6%$69/sqft
        Source: DABR MLS #955193 Report a problem
        9/2/2025Sold$190,000-7.5%$45/sqft
        Source: DABR MLS #940034 Report a problem
        8/1/2025Listed for sale$205,490-2.1%$49/sqft
        Source: DABR MLS #940034 Report a problem
        12/10/2024Sold$210,000-7.9%$50/sqft
        Source: DABR MLS #911663 Report a problem
        10/23/2024Pending sale$228,000$55/sqft
        Source: DABR MLS #911663 Report a problem
        8/7/2024Price change$228,000-0.4%$55/sqft
        Source: DABR MLS #911663 Report a problem
        5/21/2024Listed for sale$229,000+1.8%$55/sqft
        Source: DABR MLS #911663 Report a problem
        3/16/2024Listing removed--
        Source: DABR MLS #876058 Report a problem
        1/11/2024Price change$224,995+4.7%$54/sqft
        Source: DABR MLS #876058 Report a problem
        8/15/2023Listed for sale$214,995$51/sqft
        Source: DABR MLS #876058 Report a problem
        8/8/2023Pending sale$214,995$51/sqft
        Source: DABR MLS #876058 Report a problem
        5/8/2023Price change$214,995+5.4%$51/sqft
        Source: DABR MLS #876058 Report a problem
        3/14/2023Price change$204,000-2.4%$49/sqft
        Source: DABR MLS #876058 Report a problem
        10/25/2022Listed for sale$209,000+90%$50/sqft
        Source: DABR MLS #876058 Report a problem
        6/9/2021Sold$110,000$26/sqft
        Source: Public Record Report a problem
        5/10/2021Pending sale$110,000$26/sqft
        Source: DABR MLS #839260 Report a problem
        5/6/2021Listed for sale$110,000+63%$26/sqft
        Source: DABR MLS #839260 Report a problem
        3/12/2018Sold$67,495+141.1%$16/sqft
        Source: Public Record Report a problem
        11/7/2006Sold$28,000-57.6%$7/sqft
        Source: Public Record Report a problem
        5/12/2006Sold$66,000-17.5%$16/sqft
        Source: Public Record Report a problem
        9/2/2003Sold$80,000+45.5%$19/sqft
        Source: Public Record Report a problem
        5/5/2000Sold$55,000-50%$13/sqft
        Source: Public Record Report a problem
        2/18/1998Sold$110,000$26/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,332 -1%$33,290
        2024$3,367 +4.5%$33,290
        2023$3,223 +33.9%$33,290 +48%
        2022$2,406 -1.1%$22,490
        2021$2,432 -0.6%$22,490
        2020$2,445 +115.1%$22,490 +127.6%
        2019$1,137 -0.3%$9,880
        2018$1,141 +0.2%$9,880
        2017$1,138 -9.5%$9,880
        2016$1,257 -22.9%$9,880
        2015$1,630 +44.9%$9,880
        2014$1,125 $9,880
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: North Riverdale

        Getting around

        54 / 100
        Somewhat Walkable
        63 / 100
        Bikeable

        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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