2405 Cherry Avenue, Alliance, OH 44601
Local realty services provided by:Better Homes and Gardens Real Estate Central
Listed by:justin b carroll
Office:keller williams legacy group realty
MLS#:5167529
Source:OH_NORMLS
Price summary
- Price:$160,000
About this home
Incredible opportunity to own a fully leased college rental with proven income and long-term tenant demand! This spacious 4-bedroom, 1-bath home sits just blocks from campus and downtown amenities, making it an ideal location for student housing. The property has been consistently occupied by responsible college tenants, with strong rental history and minimal turnover year after year.
Featuring a functional layout, generous living space, and off-street parking within the shared lot connecting all three properties, this home offers easy management and reliable performance. It’s part of a rare 3-property investment portfolio that includes two single-family college rentals and a mixed-use building with both residential and commercial income.
Whether purchased individually or as part of the complete package, this home provides an excellent opportunity for investors seeking steady returns, low vacancy, and turnkey operation. With continued student demand and close proximity to campus, this property remains a consistent performer in the market.
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Home facts
- Year built:1916
- Listing ID #:5167529
- Added:4 day(s) ago
- Updated:November 01, 2025 at 02:22 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:1
- Full bathrooms:1
Heating and cooling
- Heating:Gas
Structure and exterior
- Roof:Asphalt, Fiberglass
- Year built:1916
- Lot area:0.09 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$160,000
- Tax amount:$1,305 (2024)
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