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Sold for $590,000
    • $590,000

    400 N Cherrywood Ave, Dayton, OH 45403

    12beds
    4,536sqft
    Multi Family
    Built in 1966
    -- sqft lot
    $-- Zestimate®
    $130/sqft
    $1,448 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,448/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Terri D'Andrea 937.620.1307,

    Coldwell Banker Heritage,

    Ezra Rosen 443-805-3397,

    Coldwell Banker Heritage

    Bought with:

    Test Member

    Test Office

    Source: DABR MLS,MLS#: 944872MLS LogoOriginating MLS: Dayton Area Board of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Electric, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Microwave, Range, Refrigerator
    Features
    • Remodeled
    • Windows: Double Pane Windows, Insulated Windows
    Interior area
    • Total structure area: 4,536
    • Total interior livable area: 4,536 sqft

    Property

    Parking
    • Parking features: No Garage, Parking Lot, Private
    Features
    • Patio & porch: Porch
    • Exterior features: Porch
    Lot
    • Size: 7,840 Square Feet
    Details
    • Parcel number: R72048110269
    • Zoning: Commercial
    • Zoning description: Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Slab
    Condition
    • Year built: 1966

    Utilities & green energy

    • Sewer: Storm Sewer
    • Water: Public
    • Utilities for property: Natural Gas Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Subdivision: City/Dayton
    Location
    • Region: Dayton

    Financial & listing details

    • Price per square foot: $130/sqft
    • Date on market: 10/3/2025
    • Listing terms: Conventional
    • Ownership: Corporate Owned
    • Tenant pays: Electricity, Gas, Heat, Sewer, Water

    Price history

    DateEventPrice
    3/13/2026Sold$590,000-7.8%$130/sqft
    Source: DABR MLS #944872 Report a problem
    2/20/2026Pending sale$640,000$141/sqft
    Source: DABR MLS #944872 Report a problem
    2/18/2026Listed for sale$640,000$141/sqft
    Source: DABR MLS #944872 Report a problem
    12/31/2025Pending sale$640,000$141/sqft
    Source: DABR MLS #944872 Report a problem
    11/14/2025Price change$640,000-3%$141/sqft
    Source: DABR MLS #944872 Report a problem
    11/5/2025Listed for sale$660,000$146/sqft
    Source: DABR MLS #944872 Report a problem
    10/30/2025Pending sale$660,000$146/sqft
    Source: DABR MLS #944872 Report a problem
    10/3/2025Listed for sale$660,000+70.5%$146/sqft
    Source: DABR MLS #944872 Report a problem
    1/3/2025Sold$387,000-3.3%$85/sqft
    Source: DABR MLS #919969 Report a problem
    12/6/2024Pending sale$400,000$88/sqft
    Source: DABR MLS #919969 Report a problem
    11/16/2024Contingent$400,000$88/sqft
    Source: DABR MLS #919969 Report a problem
    11/16/2024Pending sale$400,000$88/sqft
    Source: DABR MLS #919969 Report a problem
    11/6/2024Listed for sale$400,000+90.5%$88/sqft
    Source: DABR MLS #919969 Report a problem
    12/31/2020Sold$210,000$46/sqft
    Source: DABR MLS #811923 Report a problem

    Public tax history

    Tax history is unavailable.
    Find assessor info on the county website

    Neighborhood: Wright View

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Dayton

    Source: DABR MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.

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