2405 Cherry Ave Alliance, OH 44601
Estimated payment $907/month
Total Views
44,320
4
Beds
1
Bath
--
Sq Ft
--
Price per Sq Ft
Highlights
- Colonial Architecture
- No HOA
- Heating System Uses Gas
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.
Listing Agent
Keller Williams Legacy Group Realty Brokerage Email: Justin@JCSells.com, 330-705-3640 License #2015004696 Listed on: 01/02/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,305
Year Built
- Built in 1916
Lot Details
- 4,099 Sq Ft Lot
Home Design
- Colonial Architecture
- Traditional Architecture
- Fiberglass Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- Common or Shared Parking
- Gravel Driveway
- On-Site Parking
- Parking Lot
Utilities
- No Cooling
- Heating System Uses Gas
Community Details
- No Home Owners Association
- Alliance Subdivision
Listing and Financial Details
- Assessor Parcel Number 00104823
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,508 | $35,290 | $6,760 | $28,530 |
| 2024 | -- | $35,290 | $6,760 | $28,530 |
| 2023 | $990 | $24,050 | $5,290 | $18,760 |
| 2022 | $996 | $24,050 | $5,290 | $18,760 |
| 2021 | $999 | $24,050 | $5,290 | $18,760 |
| 2020 | $918 | $20,650 | $4,620 | $16,030 |
| 2019 | $906 | $20,650 | $4,620 | $16,030 |
| 2018 | $910 | $20,650 | $4,620 | $16,030 |
| 2017 | $833 | $18,550 | $3,780 | $14,770 |
| 2016 | $687 | $15,190 | $3,780 | $11,410 |
| 2015 | $693 | $15,190 | $3,780 | $11,410 |
| 2014 | $727 | $15,160 | $3,780 | $11,380 |
| 2013 | $363 | $15,160 | $3,780 | $11,380 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/02/2026 01/02/26 | For Sale | $155,000 | -- | -- |
Source: MLS Now
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Land Contract | $415,000 | None Available | |
| Deed | -- | -- | |
| Deed | $118,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $375,000 | Land Contract Argmt. Of Sale | |
| Closed | -- | No Value Available |
Source: Public Records
About the Listing Agent
Purchasing or selling a home is likely to be the single largest financial transaction of your life. When selecting a Realtor to represent you, you need to choose a powerful advocate to have on your side. As a licensed attorney, certified arbitrator, and trained mediator, I have the strong negotiating power, keen attention to detail, and the proven contract drafting abilities that you need.
Justin's Other Listings
Source: MLS Now
MLS Number: 5179188
APN: 00104823
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