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    408 S Market St Troy, OH 45373

    Sponsored
    For Sale
    $864,900

    COMMERCIAL - Mansion, Victorian - Troy, OH

    Property size:
    5,246 SF
    Lot size:
    0.85 Acres
    Days on Market:
    89
    Last Refresh:
    Jan 6 at 8:06 pm

    Property Features for 408 S Market St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security Lighting
    Rooms
    Dining Room
    APN
    D08023560
    Patio and Porch features
    Patio, Deck, Porch
    Interior features
    Walk-In Closet(s), Cathedral Ceiling(s), Wet Bar
    Fencing
    Fenced
    Fireplace
    1
    Basement
    Partially Finished, Full, Finished
    Appliances
    Built-In Electric Oven, Cooktop, Disposal, Range
    Size
    5,246 SF
    Lot size
    0.85 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Flooring type
    Wood, Hardwood, Tile, Carpet
    Building materials
    Brick
    Architectural style
    Victorian, Mansion
    Additional Structures
    Outbuilding

    Coldwell Banker Heritage (937) 890-2200 [email protected]

    Listing agent Lisa A. Nishwitz (937) 890-2200

    Listing date Oct 10, 2025

    Copyright © 2026 Western Regional Information Systems and Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Gem with Modern Potential

    This historic home, built in 1893, offers timeless character and is zoned OR-1, presenting various possibilities. The stately estate, built by William Francis, features wood craftsmanship throughout. The home is situated on two lots, encompassing a 1.007-acre park-like fenced yard. The residence includes updates inside and out. The property features 5 bedrooms and 3 full and 2 half bathrooms. A grand foyer welcomes you with hardwood floors and an open staircase. The living and family rooms feature hardwood floors, original pocket doors, crown molding, built-ins, and wood trim. The formal dining room includes a built-in china hutch, large windows, and a chandelier. The updated gourmet kitchen offers an island and a breakfast nook, leading to a covered back porch. A large great room addition and bar area lead to a covered porch with built-ins and a fireplace. The second floor offers five bedrooms, including a Jack-and-Jill bathroom setup and a private owner's suite with its own luxury bath. The walk-up third floor is suitable for storage or conversion into a game or recreation room. The finished basement includes storage, a workout room, a workshop, and a wine room. Outside, the landscaped lot includes a carriage house, covered rear porch, and patio. The property combines historic significance and architectural beauty.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Troy
    County
    Miami
    State
    Ohio
    Longitude
    -84.206847
    Latitude
    40.035785

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    FAQs

    What type of property is this?
    Single family property - Rare 5-bedroom historic home with updates and park-like yard.
    Where is this single family property located?
    The property is located at 408 S Market St Troy, OH.
    What is the asking price?
    The asking price for this property is $864,900.
    What are key features of this property?
    This property features: - Rare historic estate built in 1893, only the second time offered for sale in 133 years with significant architectural details.; - Extensive updates totaling over $500,000, blending historic charm with modern amenities.; - Spacious 5,998 sq ft home with 5 bedrooms, 3 full and 2 half baths, including a private owner's suite.
    (937) 266-3440
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    Troy, OH 45373
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    408 S Market St Troy, OH 45373
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