400 N Cherrywood Avenue Dayton, OH 45403

0.18
Acres
$640,000
MLS# 944872
0
0.18 AC
1/19
    2/19
    3/19

    More About 400 N Cherrywood Avenue

    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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    Information Refreshed: 12/19/2025 12:06 PM

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    Property Details

    • MLS#:

      944872

    • Type:

      Multi Family

    • County:

      Montgomery

    • Age:

      59

    • Construction:

      Brick

    • Cooling:

      Central Air

    • Inside Features:

      Remodeled

    • Lot Description:

      irregular

    • School District:

      Dayton City

    Online Views:

    0
    This listing courtesy of Terri D'Andrea (937) 620-1307, Ezra Rosen (443) 805-3397, Coldwell Banker Heritage (937) 434-7600

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    Monthly Cost

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    OH•45403•Montgomery County•Dayton•400 N Cherrywood Avenue

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