#930688, Craig D Kellogg, Listing office: Agora Realty Group
501 W Norman Ave Dayton, OH 45406
Property details
About 501 W Norman Ave
Investor Alert! This solid brick 4-Plex is ideal for the smart investor looking to invest w/confidence. 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 its 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.
Highlights
(Active Under Contract)
Summary
- Full Bathrooms: 4
- Basement: Yes
- Interior: French Door(s)/Atrium Door(s), Remodeled
- Total Bedroom Count: 8
- Parking: No Garage, Parking Lot, Private
- Exterior: Balcony, Patio
- Heating: Forced Air, Natural Gas
- Cooling: None
- List Price: $250,000
- Price/SqFt: $37
- Annual Tax Amount: $1,697
- Tax Year: 2023
- Directions: From Salem Avenue head North onto Catalpa Drive then Left onto Norman Avenue. Property rests on the corner of Norman and Maryfair. No signage on property.
- Year Built: 1929
- Living Area: 6,720 SqFt
- Lot Size: 0.15 Acres
- MLS Number: 935460
- MLS Name: DAYTON
- Office Name: RE/MAX Alliance Realty
- Office Phone: (937) 898-4400
- Listing Agent: Jeffrey T Roberts
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Last updated on: 7/20/2025, 4:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
May 23, 2024 | Home Sold | $228,000 |
Mar 04, 2020 | Home Sold | $121,000 |
Jun 05, 2018 | Home Sold | $33,500 |
Mar 29, 2004 | Home Sold | $35,900 |
Sep 08, 2000 | Home Sold | $96,000 |
Feb 12, 1999 | Home Sold | $55,000 |
Feb 12, 1999 | Home Sold | $80,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $17,120 | $1,697 |
2022 | $11,730 | $1,325 |
2021 | $11,730 | $1,405 |
2020 | $11,730 | $1,405 |
2019 | $11,730 | $1,405 |
2018 | $22,120 | $2,059 |
2017 | $22,120 | $6,042 |
History based on county public records data.
Nearby schools
2
Fairview PreK-6 School
Public District PK-6
0.6 mi
•2314 Elsmere Ave
3
Charity Adams Earley Girls Academy
Public District PK-6
1.9 mi
•440 Shoup Mill Rd
3
Edison PreK-6 School
Public District PK-6
1.9 mi
•228 N Broadway St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,938. The majority of Dayton, OH residents have income less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 501 W Norman Ave
The listing price of 501 W Norman Ave property is $250,000.
The property 501 W Norman Ave is a multi located in Dayton, Ohio, 45406.
Accepting Backup Offers: 501 W Norman Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
The nearby schools for 501 W Norman Ave are: Fairview PreK-6 School (GreatSchools Rating 2/10), Charity Adams Earley Girls Academy (GreatSchools Rating 3/10), Edison PreK-6 School (GreatSchools Rating 3/10), Edwin Joel Brown Middle School (GreatSchools Rating 3/10), Richard Allen Preparatory (GreatSchools Rating 3/10), Deca Preparatory (GreatSchools Rating 5/10), Gem City Career Preparatory High School (GreatSchools Rating 2/10), Urban Early College Network (GreatSchools Rating 1/10), Horizon Science Academy Dayton High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2023 is $1,697 (source: MLS/based on county public records data).
The last sale was on May 23, 2024 for $228,000 (source: MLS/tax record).
The property 501 W Norman Ave is 6,720 SqFt (source: MLS/tax record).
The year of construction for 501 W Norman Ave is 1929.
This home is located at 501 W Norman Ave in Dayton, OH and zip code 45405 in the Fairview neighborhood. This 6,720 square foot home, which was built in 1929, sits on a 0.15 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 3, 2025 and is currently priced at $250,000.
Over 153 listings were sold over their listed price in June 2025 in Dayton, OH. In the same period over 197 listings were sold below the listed price and 113 listings were sold for the listed price. The inventory of homes for sale in Dayton, OH between May and June 2025 increased by 1.1%. Listings spent 43 days on the market in June 2025, and had a median list price of $204,141 during the same period.