400 N Cherrywood Avenue Dayton, OH 45403
Listing Courtesy of: DAYTON / Coldwell Banker Heritage / Terri D'Andrea - Contact:  937.620.1307

  400 N Cherrywood Avenue Dayton, OH 45403

Active
$660,000 (USD)
12
BED
6
BATH
4,536
SQFT
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Description

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+. Property has been fully renovated, capital improvement investment details available. Operating expenses are minimal, long-term viability, strong market demand.

MLS #:
944872
Lot Size
7,841 SQFT
Type
Multifamily
Year Built
1966
School District
Dayton
County
Montgomery County
Community
City/Dayton

Listed By

Terri D'Andrea, Coldwell Banker Heritage, Contact: 937.620.1307
Source
DAYTON
Last checked Oct 3 2025 at 7:17 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 6
Interior Features
  • Remodeled
  • Range
  • Refrigerator
  • Microwave
  • Windows: Insulated Windows
  • Windows: Double Pane Windows
Subdivision
  • City/Dayton
Property Features
  • Foundation: Slab
Heating and Cooling
  • Forced Air
  • Natural Gas
  • Central Air
Utility Information
  • Utilities: Natural Gas Available, Sewer Available, Water Available, Water Source: Public
  • Sewer: Storm Sewer
Parking
  • No Garage
  • Parking Lot
  • Private
Living Area
  • 4,536 sqft
Additional Information: Heritage | 937.620.1307
Location
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Disclaimer: Copyright 2025 Dayton MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is 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. Data last updated 10/3/25 12:17
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Phone: (937) 429-4500
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