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Sold for $505,000
  • $505,000

    401 Elder Dr, Fairborn, OH 45324

    16beds
    8,134sqft
    Multi Family
    Built in 1965
    -- sqft lot
    $591,600 Zestimate®
    $62/sqft
    $941 Estimated rent

    Home value

    $591,600

    $532,000 - $657,000

    $941/mo

    Zestimate® history
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    What's special

    Welcome 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tricia Reynolds (937)949-0006,

    Glasshouse Realty Group,

    Lori Lyons 937-475-1607,

    Glasshouse Realty Group

    Bought with:

    Tyler Everidge, 2020004351

    eXp Realty

    Source: DABR MLS,MLS#: 891147MLS LogoOriginating MLS: Dayton Area Board of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 8
    • Full bathrooms: 8
    Heating
    • Baseboard
    Cooling
    • Wall Unit(s)
    Features
    • Basement: Full
    Interior area
    • Total structure area: 8,134
    • Total interior livable area: 8,134 sqft

    Property

    Parking
    • Parking features: No Garage, Parking Lot
    Features
    • Patio & porch: Balcony, Patio
    • Exterior features: Balcony, Patio
    Lot
    • Size: 10,079 Square Feet
    • Dimensions: .2300 acres
    Details
    • Parcel number: A02000100020003300
    • Zoning: Residential
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1965

    Community & HOA

    Community
    • Subdivision: Fairfield Crossing
    Location
    • Region: Fairborn

    Financial & listing details

    • Price per square foot: $62/sqft
    • Date on market: 8/9/2023
    • Tenant pays: Electricity

    Price history

    DateEventPrice
    11/13/2023Sold$505,000-3.8%$62/sqft
    Source: DABR MLS #891147 Report a problem
    8/11/2023Pending sale$525,000$65/sqft
    Source: DABR MLS #891147 Report a problem
    8/9/2023Listed for sale$525,000+75.1%$65/sqft
    Source: DABR MLS #891147 Report a problem
    1/16/2018Listing removed$525
    Source: Vic Green Property Management Report a problem
    1/14/2018Price change$525-4.5%
    Source: Vic Green Property Management Report a problem
    1/12/2018Listed for rent$550+4.8%
    Source: Vic Green Property Management Report a problem
    6/17/2016Listing removed$525-4.5%
    Source: Vic Green Property Management Report a problem
    2/10/2016Listing removed$550
    Source: Vic Green Property Management Report a problem
    1/14/2016Price change$550-7.6%
    Source: Vic Green Property Management Report a problem
    12/17/2015Listed for rent$595
    Source: Vic Green Property Management Report a problem
    3/3/2013Listing removed$299,900$37/sqft
    Source: Keller Williams - Dayton - Southeast #520132 Report a problem
    9/20/2012Listed for sale$299,900$37/sqft
    Source: Keller Williams - Dayton - Southeast #520132 Report a problem

    Public tax history

    Tax history is unavailable.
    Find assessor info on the county website

    Neighborhood: 45324

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Fairborn

    Source: DABR MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $591,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $591,600