Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$640,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 12 Total Beds
See This Home
Save This Home
See This Home
Save 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.

Full Property Details for 400 N Cherrywood Ave

General

  • Price: $640,000
  • Status: Pending
  • Type: Multi-Family
  • Source: 506
  • MLS ID: 944872
  • Updated: 12/31/2025
  • Added to Site: 108 day(s) ago

Interior

  • Interior Features: Remodeled
  • Appliances: Microwave, Range, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 12

Exterior

  • Exterior Features: Porch
  • Porch/Patio/Deck: Porch

Parking

  • Parking Features: No Garage, Parking Lot, Private

Location

  • County: Montgomery
  • Subdivision: City/Dayton
  • Cross Streets: Radio Rd.

School Information

  • Elem School District: Dayton
  • Midd School District: Dayton
  • High School District: Dayton

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric, Forced Air

Utilities

  • Sewer: Storm Sewer
  • Water: Public
  • Utility Description: Natural Gas Available, Sewer Available, Water Available

Structural Information

  • # Buildings: 1
  • Construction: Brick
  • Windows: Double Pane Windows, Insulated Windows
  • Stories/Levels: 3
  • Square Feet: 4,536
  • Sq. Ft. Source: Assessor
  • Living Area: 4,536 Sq. Ft.
  • Year Built: 1966

Unit Information

  • Unit Type: 2 Bedroom

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Size (Sq. Ft.): 7,841
  • Lot Size: 7841
  • Lot Size Source: Assessor
  • Lot Dimensions: irregular
  • Zoning: Commercial

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Terms: Conventional
  • Tenant Pays: Electricity, Gas, Heat, Sewer, Water

Disclosures and Reports

  • Ownership: Corporate Owned
  • Legal Description: 41631-76457 PTS 48-11-270
  • Property ID: R72-04811-0269

Listed by Coldwell Banker Heritage (937) 434-7600, Terri D'Andrea (937) 620-1307 and Coldwell Banker Heritage (937) 434-7600, Ezra Rosen (443) 805-3397

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agents

— 400 N Cherrywood Ave —

  • Terri D'Andrea

    Coldwell Banker Heritage

    (937) 434-7600

  • Ezra Rosen

    Coldwell Banker Heritage

    (937) 434-7600

937.620.1307

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 400 N Cherrywood Ave

School District:Dayton City School District
NameGradesDistance
Kiser Elementary School
1401 Leo Street, Dayton, OH 45404
PK-62.1 mi
Ruskin Prek-8 School
407 Ambrose Court, Dayton, OH 45410
PK-62.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 400 N Cherrywood Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/14/2025
Price Reduced
$640,000
-3.03%
MLS
10/03/2025
Listed
$660,000
73.68%
MLS
12/31/2024
Sold
$380,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 400 N Cherrywood Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,819
109%
$57,730
—
2023
$2,784
-36%
$57,730
45%
2022
$4,343
-12%
$39,820
—
2019
$4,912
—
$39,820
-8%
2019
$4,912
—
$43,090
—
2018
$4,927
—
$43,090
—
2017
$4,917
-3%
$43,090
—
2016
$5,056
2%
$43,090
—
2015
$4,976
2%
$43,090
—
2014
$4,858
-1%
$43,092
-5%
2013
$4,925
—
$45,325
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 400 N Cherrywood Ave

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Coldwell Banker Heritage (937) 434-7600, Terri D'Andrea (937) 620-1307 and Coldwell Banker Heritage (937) 434-7600, Ezra Rosen (443) 805-3397

Similar Properties near 400 N Cherrywood Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

423 Briarwood Ave, Dayton, OH 45403 - Photo 1
$649,000

423 Briarwood Ave  Dayton, OH 45403

  • Multi-Family
  • Active
  • 10
    Total Beds
Listed by Agora's Maxxed Out Realty (937) 520-9200, Todd Pultz (937) 478-6858

Just Listed near 400 N Cherrywood Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

319 Orchard Dr, Oakwood, OH 45419 - Photo 1 Price Reduced
-$100 (-0.02%)
$419,400

319 Orchard Dr  Oakwood, OH 45419

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,720
    Sq. Ft.
Listed by RE/MAX Victory + Affiliates (937) 458-0385, Jill Aldineh (937) 689-2858
2105 Carabel Ave, Oakwood, OH 44107 - Photo 1 Just Listed
$245,000

2105 Carabel Ave  Oakwood, OH 44107

  • Single Family
  • Active
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,430
    Sq. Ft.
Listed by Berkshire Hathaway HomeServices Professional Realty, Courtney Calvillo
1523 Winchester Ave, Oakwood, OH 44107 - Photo 1 Just Listed
$189,900

1523 Winchester Ave  Oakwood, OH 44107

  • Duplex
  • Active
  • Updated 2 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,584
    Sq. Ft.
Listed by Trelora Realty, Inc., Matthew Kalogeras
12520 Edgewater Dr, Oakwood, OH 44107 - Photo 1 Just Listed
$85,000

12520 Edgewater Dr  #1507  Oakwood, OH 44107

  • Condo
  • Active
  • Updated 1 day ago
  • 1
    Bed
  • 1
    Total Bath
  • 793
    Sq. Ft.
Listed by RE/MAX Above & Beyond, Christina Carpadis and RE/MAX Above & Beyond, Eva Posza

Price Reduced near 400 N Cherrywood Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

319 Orchard Dr, Oakwood, OH 45419 - Photo 1 Price Reduced
-$100 (-0.02%)
$419,400

319 Orchard Dr  Oakwood, OH 45419

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 3
    Total Baths
  • 1,720
    Sq. Ft.
Listed by RE/MAX Victory + Affiliates (937) 458-0385, Jill Aldineh (937) 689-2858
12550 Lake Ave, Oakwood, OH 44107 - Photo 1 Price Reduced
-$10,000 (-7.05%)
$131,900

12550 Lake Ave  #101  Oakwood, OH 44107

  • Condo
  • Active
  • Updated 2 days ago
  • 1
    Total Bath
  • 544
    Sq. Ft.
Listed by Fathom Realty, Jeff T Steinberg
100 E Thruston Blvd, Oakwood, OH 45409 - Photo 1 Price Reduced
-$14,500 (-3.63%)
$385,000

100 E Thruston Blvd  Oakwood, OH 45409

  • Single Family
  • Active
  • Updated 6 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 2,188
    Sq. Ft.
Listed by Coldwell Banker Heritage (937) 439-4500, Kathy A Winter (937) 689-9179
1429-1431 Orchard Grove Ave, Oakwood, OH 44107 - Photo 1 Price Reduced
-$15,000 (-3.49%)
$415,000

1429-1431 Orchard Grove Ave  Oakwood, OH 44107

  • Duplex
  • Active
  • Updated 5 days ago
  • 4
    Beds
  • 2
    Total Baths
  • 1,936
    Sq. Ft.
Listed by Keller Williams Citywide, Gregory Erlanger

Recent Sales near 400 N Cherrywood Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

334 Blackwood Ave, Dayton, OH 45403 - Photo 1 Sold
$730,000

334 Blackwood Ave  Dayton, OH 45403

  • Multi-Family
  • Closed
  • 24
    Total Beds
Listed by Bridgestream Realty (517) 270-9907, Mellissa Andre (513) 508-3795 and Bridgestream Realty (517) 270-9907, Mike Mefferd (517) 270-9907
Sold by Coldwell Banker Heritage (937) 322-0352, Morgan Coles
1077 Pine Meadow Terrace, Dayton, OH 45431 - Photo 1 Sold
$606,000

1077 Pine Meadow Terrace  Dayton, OH 45431

  • Single Family
  • Closed
  • 6
    Beds
  • 5
    Total Baths
  • 5,482
    Sq. Ft.
Listed by Keller Williams Community Part (937) 530-4904, Matthew J Sadler (937) 231-7930
Sold by Local Roots Realty (937) 308-1883, Sheila Longstreath
401 Jackson St, Dayton, OH 45410 - Photo 1 Sold
$605,000

401 Jackson St  Dayton, OH 45410

  • Multi-Family
  • Closed
  • 6
    Total Beds
Listed by Glasshouse Realty Group (937) 901-3985, Kunal N Patel (937) 248-3061
Sold by Agora Realty Group (937) 520-9200, Craig D Kellogg
616 Roy Ave, Dayton, OH 45419 - Photo 1 Sold
$630,000

616 Roy Ave  #614  Dayton, OH 45419

  • Multi-Family
  • Closed
  • 17
    Total Beds
Listed by Keller Williams Community Part (937) 530-4904, Megan Boldt (937) 408-1987
Sold by Red 1 Realty (614) 585-9020, Christopher John

400 N Cherrywood Avenue, Dayton, OH 45403 (MLS# 944872) is a Multi-Family property with 6 units containing 12 bedrooms and 6 full bathrooms. 400 N Cherrywood Avenue is currently listed for $640,000 and was received on October 03, 2025. Want to learn more about 400 N Cherrywood Avenue? Do you have questions about finding other Multi-Family real estate for sale in Dayton? You can browse all Dayton real estate or contact a Coldwell Banker agent to request more information.

Tour this property