321 West Norman Avenue

Dayton OH 45405

4536 sq. ft.

5227 sq. ft.

Multi-Family

Last sold for $240,000

Eric Free, last sold this property on 14 April 2026 after 43 days on market.

Overview

This brick 4-plex offers an excellent value-add opportunity for investors seeking both current income and upside potential. Two of the four spacious 1-bedroom, 1-bath units are currently occupied, providing immediate cash flow, while the remaining units offer the ability to increase rents, place new tenants, or renovate further to maximize returns. Each unit features comfortable layouts with updated laminate and tile flooring, newer windows, and durable tile finishes in the kitchens and bathrooms. Block glass basement windows provide additional security and natural light. Major mechanical improvements have already been completed, including a roof installed in 2017, two newer furnaces, three newer hot water heaters, updated electrical, PEX supply plumbing, and SCH 40 drain lines—helping reduce future maintenance concerns. The basement includes washer and dryer hookups with potential to add coin-operated laundry for additional income. Tenants pay gas and electric, while the landlord covers water, sewer, and trash, offering a straightforward expense structure. With solid construction, key system updates, and room to grow income, this property presents a strong opportunity for both seasoned and newer investors alike.

Features

4 bedrooms

4 bathrooms

4536 sq. ft. floor area

5227 sq. ft. lot size

Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Dayton over the last 12 months, the estimated median property value of 321 West Norman Avenue is $204k.

Median value

$204k

Estimated value range

$47.91k - $241.5k

Median days on market

Estimated value trend

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Dayton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 321 West Norman Avenue

2026

Sold

$240,000

14 Apr 2026 by Eric Free, of Real Brokerage Technologies

2023

Sold

$215,000

26 Dec 2023 by Bethany Yost, of Irongate Inc.

2021

Sold

$150,500

16 Aug 2021

Happy sellers in Dayton

We have insufficient information to provide an overview of customer satisfaction for Dayton. Viewing the agent profiles, reviews and sales for Dayton can provide insights for this location.