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210 N Cherrywood, Dayton, OH 45403$627,000

Sq. Feet: 6,696 Days on Site: 10 MLS#: 959966 View Map

Comments for 210 N Cherrywood, Dayton, OH 45403

Turnkey investment opportunity featuring a fully occupied four-unit multifamily property generating immediate cash flow. Each unit offers a desirable 2-bedroom, 1-bathroom floor plan, appealing to a broad tenant base and supporting strong occupancy. The property is professionally managed, allowing for a seamless transition and hands-off ownership experience.This well-maintained brick building includes spacious units, ample parking, a two-car garage, and additional basement storage. The roof is approx. 5 years old. The property is conveniently located near major highways, shopping, dining, schools, and employment centers, the property benefits from consistent rental demand and long-term investment potential. With all units occupied, professional management in place, and a proven income history, 210 N Cherrywood Ave presents an excellent opportunity to acquire a stable, income-producing asset in the Dayton market.

Property Type: Multi Unit - Multiple Garage Features: 4 or More
Appliance Features: Range, Refrigerator Heating: Forced Air, Natural Gas
Basement: Yes Lot Dimensions: 56'x130'
Basement Features: Full Lot Size: 0.12 Acres
Cooling: None Taxes: $6,028
Days on Site: 10 Utilities: 220 Volt Outlet, Natural Gas, Public Water, Sanitary Sewer
Exterior: Aluminum, Brick Year Built: 1953
School District: Dayton

Listed By

Agency Name: Irongate Inc.

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Shown By

Agent Name: Jon Glista
Agent Phone: (937) 620-8913

Montgomery County Demographic Information for 210 N Cherrywood, Dayton, OH 45403

Fips
Fips Code39113
Population
2020 to 2025 Changeup 0.4%
2010 Count535,153
2020 Count537,309
2025 Estimate (V2025)539,598
2020 Estimate (V2025)537,306
Age Distribution (Years Old)
0 to 45.7%
5 to 1721.9%
18 to 6453.2%
65 and Older19.2%
Gender
Male48.4%
Female51.6%
Place of Birth
Foreign5.3%
US94.7%
Education
High School Graduate, Age 25+92.6%
Bachelor's Degree or Higher, Age 25+31.3%
Computer and Internet use
Households with a computer94.6%
Households with a broadband Internet subscription90.6%
Language
English is Second Language, Age 5+7.3%
English is First Language, Age 5+92.7%
Veterans
Veterans34,904
Income
Per Capita Income$38,450
Median Household Income$66,139
People in Poverty14.4%
Commute
Average Work Commute Time22 minutes
Housing
Total Housing Units252,781
Households231,319
Average Household Size2.24
Owner-Occupied62.5%
Multi-Family24.3%
Owner-Occupied Median Value$180,900
Median selected monthly owner costs -with a mortgage$1,438
Median selected monthly owner costs -without a mortgage$604
Median gross rent$1,026
Building Permits
New Private Housing Issued 2024933
Years at Residence
1 Year or More85.9%
Less Than 1 Year14.1%
Business and Employment
Private non-farm Establishments10,930
Private non-farm Employment234,881
Private non-farm Employment Growthup 0.9%
Nonemployer Establishments37,294
Number of Firms7,720
Business Production
Value of Shipments$9,405,685,000
Wholesale Trade$8,384,635,000
Retail Trade$8,441,166,000
Retail Sales Per Capita$12,147
Accommodation and Food Services$1,176,468,000
Land
Land Area461.55 sq. miles
Population Per Square Mile1,160
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Jon Glista
Call: (937) 620-8913
Text: (937) 620-8913

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Mortgage Payment Calculation for 210 N Cherrywood, Dayton, OH 45403

  • %
  • years/fixed
  • yearly
  • yearly (estimated)
  • Est. Payment: $4,548.58 / per month

(Payments are an estimate and may vary by lender)

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