108 E Norman Avenue, Dayton, OH 45405

Property Description

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.