1 month on rocket

Sale Pending

116 E Norman Ave, Dayton, OH, 45405

$269,000

Home List Price

$3,194*

Closing Credit

8 Bedrooms
4 Full Baths
4,872 SqFt
$55/SqFt
Multi
Schools Nearby

Location

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116 E Norman Ave, Dayton$269,000

Buyer Closing Credits

$3,194*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1951
HeatingForced Air, Natural Gas
CoolingNone
BasementYes
MLS #907775
Lot Size0.17 Acres
StatusSale Pending
(Pending)

About 116 E Norman Ave

Introducing an exceptional investment opportunity in the heart of Dayton, OH located at 116 E Norman Ave. Boasting a 3,248 square-foot building with four two bedroom, 1 bath units, this low-rise gem exudes timeless charm, originally constructed in 1951 and two units refurbished in 2024. Tenants pay for heat and electric. With a 75% occupancy rate, this property presents a compelling investment prospect for multifamily investors looking to capitalize on a well established asset in a sought-after location. Don't miss the chance to acquire this turnkey investment and establish a strong foothold in the thriving Dayton multifamily market. Rents are: Apt 1 - $800, Apt 2 - $700, Apt 3 - $750 vacant, Apt 4 - $750.

Property Details

Property Features

Property Information:

  • Year Built: 1951
  • Living Area: 4,872 SqFt

Listing Office:

  • Office Name: West Fork Realty Group LLC
  • Listing Agent: Douglas Broomhall

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Meadowdale High School, Public District Grades 7-12
  • Edwin Joel Brown Middle School, Public District Grades 7-8

Other

Directions Information:

  • Directions: N. Main to east on Norman

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,000
  • Price Per SqFt: $55/SqFt

Tax Information:

  • Annual Amount: $2,540
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Dayton, OH.

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Dayton, OH

City

Med. Sold Price

$182.4K

Med. Price/SqFt

$127

Avg. Days On Market

61

# of Sold Homes

370

116 E Norman Ave vs Dayton

30 DAYS ON ROCKET

-31 Days

$269,000

+$86.5K More

$55/SqFt

-$72 Less

KEY TAKEAWAY

This property is $86.5K more than the Median Sold Price and $72/SqFt less than other homes in Dayton, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Dayton Area Board of REALTORS®
  • MLS Number: #907775

Listing Office:

  • Office Name: West Fork Realty Group LLC
  • Listing Agent: Douglas Broomhall

IDXThis information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 7:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 11, 2020Home Sold
$75,000
Dec 11, 2017Home Sold
$42,300
Jun 04, 2004Home Sold
$109,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,540$33,150
2019$2,539$22,090
2018$2,547$22,090
2017$2,543$22,090

History based on county public records data.

Payment Calculator

$1,410

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$873

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-1994395
3
/10

  • Edwin Joel Brown Middle School

  • 31 Willowwood Dr

  • 0.37 miles

  • Public District Grades 7-8

High School

school-card-donut-1994396
2
/10

  • Meadowdale High School

  • 3873 Whitestone Ct

  • 3.11 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,429. Typical income of Dayton, OH residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Ohio›Montgomery County›Dayton›45405›116 E Norman Ave

This home is located at 116 E Norman Ave in Dayton, OH and zip code 45405 in the North Riverdale neighborhood. This 4,872 square foot home, which was built in 1951, sits on a 0.17 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $269,000.

Dayton, OH housing market in March 2024 saw over 107 listings sold above listed price, more than 83 sold at listed price and over 180 sold below. The inventory of homes for sale in Dayton, OH between February 2024 and March 2024 increased by 5.3%. While the average time on the market in March 2024 was 61 days, the median list price was $182,474.

From Rocket Homes Real Estate and based on county public records data.

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