Seller's Agent in 2023
Tricia Reynolds
Glasshouse Realty Group
(937) 232-7803
5 in this area
43 Total Sales
401 Elder Dr Fairborn, OH 45324
16
Beds
8
Baths
8,134
Sq Ft
10,080
Sq Ft Lot
Highlights
- Balcony
- Patio
- Baseboard Heating
- Cooling System Mounted In Outer Wall Opening
About This Home
As of November 2023Welcome to this exceptional multi-family apartment building located in Fairborn, Ohio! This brick property presents a golden investment opportunity, boasting 8 inviting 2-bedroom units, each sprawling across 900 square feet of well-designed living space. Updates include: Boiler System (2021) Water heaters (2022) Solid brick construction ensures durability and low maintenance costs for years to come.
Each unit features 2 generously sized bedrooms, providing ample space for residents to create their perfect home.
Accepting Backup Offers
Each unit provides either a patio or balcony.
Ample parking space ensures convenient access for residents and their guests.
A secured entrance allows residents to enjoy peace of mind and a sense of community.
Coin laundry conveys with sale and are not leased--additional income for the owner!
Updates to several of the units, plus the updated boiler system and water heaters make this an easy building to self manage as well! Situated in the heart of Fairborn, residents will have easy access to a plethora of local amenities, including shopping centers, restaurants, parks, and schools. The nearby Wright-Patterson Air Force Base adds to the property's appeal, making it a highly attractive choice for military personnel.
Last Agent to Sell the Property
Glasshouse Realty Group Brokerage Phone: (937) 949-0006 License #2016005915 Listed on: 08/09/2023
Property Details
Home Type
- Multi-Family
Year Built
- 1965
Lot Details
- 10,078 Sq Ft Lot
Home Design
- Brick Exterior Construction
Interior Spaces
- 8,134 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 16 Bedrooms
- 8 Full Bathrooms
Parking
- No Garage
- Parking Lot
Outdoor Features
- Balcony
- Patio
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
Listing and Financial Details
- Tenant pays for electricity
- Assessor Parcel Number A02000100020003300
Community Details
Overview
- 8 Units
- Fairfield Crossing Subdivision
Building Details
- Gross Income $73,235
- Net Operating Income $73,235
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2023 11/13/23 | Sold | $505,000 | -3.8% | $62 / Sq Ft |
| 08/11/2023 08/11/23 | Pending | -- | -- | -- |
| 08/09/2023 08/09/23 | For Sale | $525,000 | -- | $65 / Sq Ft |
Source: Dayton REALTORS®
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 | $7,366 | $126,630 | $17,650 | $108,980 |
| 2024 | $7,366 | $126,630 | $17,650 | $108,980 |
| 2023 | $7,315 | $126,630 | $17,650 | $108,980 |
| 2022 | $6,870 | $102,870 | $17,650 | $85,220 |
| 2021 | $6,989 | $102,870 | $17,650 | $85,220 |
| 2020 | $7,004 | $102,870 | $17,650 | $85,220 |
| 2019 | $6,218 | $94,100 | $17,650 | $76,450 |
| 2018 | $6,280 | $95,430 | $17,650 | $77,780 |
| 2017 | $6,114 | $95,430 | $17,650 | $77,780 |
| 2016 | $6,115 | $92,890 | $17,650 | $75,240 |
| 2015 | $2,938 | $92,890 | $17,650 | $75,240 |
| 2014 | $5,741 | $92,890 | $17,650 | $75,240 |
Source: Public Records
Agents Affiliated with this Home
-
Tricia Reynolds
-
Lori Lyons
Seller Co-Listing Agent in 2023
Lori Lyons
Glasshouse Realty Group
(937) 475-1607
7 in this area
63 Total Sales
-
Tyler Everidge
Buyer's Agent in 2023
Tyler Everidge
eXp Realty
(937) 789-4598
9 in this area
94 Total Sales
Map
Source: Dayton REALTORS®
MLS Number: 891147
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The information is being provided by Dayton Area Board of Realtors MLS. Information deemed reliable but not guaranteed. Information is provided for the consumer's personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Dayton Area Board of Realtors MLS. All Rights Reserved.
Nearby Homes
- 226-230 N Broad St
- 315 W Dayton Dr
- 112 Mann Ave
- 112 E Xenia Dr
- 504 Greene St
- 34 Greene St
- 711 N Central Ave
- 308 E Xenia Dr
- 261 Archer Dr
- 323 Mann Ave
- 303 E Whittier Ave
- 313 Archer Dr
- 621 June Dr
- 801-803 Winston Dr
- 000 Morris Dr
- 388-390 Morris Dr Unit 388
- 15 Diana Ln N
- 827 Mitman Dr
- 153 Diana Ln N
- 139 Hower Ln
Your Personal Tour Guide
Ask me questions while you tour the home.