400 N Cherrywood Avenue, Dayton, OH 45403
Local realty services provided by:CENTURY 21 HomeStar
400 N Cherrywood Avenue,Dayton, OH 45403
$640,000
- 12 Beds
- 6 Baths
- 4,536 sq. ft.
- Multi-family
- Active
Listed by: terri d'andrea, ezra rosen937.620.1307
Office: coldwell banker heritage
MLS#:944872
Source:OH_DABR
Price summary
- Price:$640,000
- Price per sq. ft.:$141.09
About this home
Turn-key 6-unit apartment building offering a rare combination of dependable cash flow, low management intensity, and tenant stability. Fully leased (3-year lease) to a responsible tenant that pays utilities and manages common day-to-day maintenance items. Built-in renewal clause ensuring income growth of 5% after the initial term ending in 2028. Annual Gross Rental Income (years 1-3) $77,544; and $81,420 years 4+. The property has been fully renovated, and capital improvement investment details are available. Operating expenses are minimal, long-term viability, and strong market demand.
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Home facts
- Year built:1966
- Listing ID #:944872
- Added:74 day(s) ago
- Updated:November 15, 2025 at 06:42 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:6
- Full bathrooms:6
- Living area:4,536 sq. ft.
Heating and cooling
- Heating:Electric
Structure and exterior
- Year built:1966
- Building area:4,536 sq. ft.
- Lot area:0.18 Acres
Finances and disclosures
- Price:$640,000
- Price per sq. ft.:$141.09
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