1331 Cherry Hill Drive new

Miamisburg,OH 45342

$ 550000

16 Beds

8 Baths

11481 SqFt


Key Details

Property Type Multi-Family, Commercial

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Square Footage 11,481 sqft

Price per Sqft $47

MLS Listing ID 946533

Bedrooms 16

Full Baths 8

Year Built 1970

Annual Tax Amount $15,194

Lot Size 0.340 Acres

Lot Dimensions Irregular

Property Sub-Type 5+ Units

Property Description

Discover this highly desirable 8-unit multi-family property, featuring eight spacious 2-bedroom, 1-bathroom apartments. The most recent three units have leased for $850 per month, with an additional $50 per month in utility bill-backs, reflecting strong rental demand and consistent income potential.

Ideally located within the Miamisburg School District and just five minutes from downtown Miamisburg, this property offers convenient access to Austin Landing, major employers, shopping, and dining. Tenants enjoy ample off-street parking and a well-maintained living environment.

With a proven history of minimal vacancy, this property represents a rare opportunity to acquire a stable, income-producing asset in Miamisburg.

Location

State OH

County Montgomery

Zoning Multiple

Rooms

Basement Other

Interior

Heating Forced Air,Natural Gas

Cooling Wall

Exterior

Parking Features None

Building

Structure Type Brick

Schools

School District Miamisburg

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