401 Elder Dr, Fairborn, OH 45324
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Property image
OFF MARKET

401 Elder Dr
Fairborn, OH 45324

  • 16 Beds
  • 8 Baths
  • 8,134 sqft

$600,100

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $3,818/mo*
Refinance Your Home

$600,100

Trulia Estimate
as of Aug 20, 2026
Est. Refi. Payment $3,818/mo*
Refinance Your Home
16 Beds
8 Baths
8,134 sqft

Home Value

Trulia Estimate
$600K
Since last month
Decreased$19K (-3%)
Since last year
Decreased$600 (-0.1%)
Since last sale
Increased$95K (+18.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +13% in the last 10 years
MonthEstimated value
2026
August 2026$600K
July 2026$619K
June 2026$599K
May 2026$601K
April 2026$606K
March 2026$611K
February 2026$594K
January 2026$592K
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
711 N Central Ave, Fairborn, OH
0.48
Multi-Family Home
$329,000
05/26/26
5
3
1,764
59 S Wright Ave #63, Fairborn, OH
0.29
Multi-Family Home
$169,000
12/05/25
4
2
1,992
801-803 Winston Dr, Fairborn, OH
0.64
Multi-Family Home
$170,000
06/02/26
6
2
3,276
388-390 Morris Dr #388, Fairborn, OH
0.70
Multi-Family Home
$173,000
03/30/26
4
2
1,584
609 Jefferson St #611, Fairborn, OH
0.87
Multi-Family Home
$178,000
01/09/26
4
2
1,548
713-715 Winston Dr, Fairborn, OH
0.62
Multi-Family Home
$157,000
02/27/26
6
4
2,256
849 S Maple Ave, Fairborn, OH
0.90
Multi-Family Home
$179,900
12/30/25
4
2
1,812
239-241 Euclid Ave, Fairborn, OH
1.41
Multi-Family Home
$219,900
03/06/26
4
2
1,690

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
41 N 3rd St, Fairborn, OH 45324
0.07
$123,400
3
1
858
Off Market
412 W Xenia Dr #420, Fairborn, OH 45324
0.06
$388,400
9
7
1,812
Off Market
210 Middle St, Fairborn, OH 45324
0.10
$158,100
2
1
744
Off Market
47 N Wright Ave, Fairborn, OH 45324
0.11
$289,000
4
2
2,215
Recently Sold
64 N Wright Ave, Fairborn, OH 45324
0.13
$219,900
4
3
1,903
Off Market
101 N 1st St, Fairborn, OH 45324
0.18
$213,700
4
2
1,456
Off Market
309 Spruce Dr, Fairborn, OH 45324
0.20
$140,000
2
1.5
1,030
Off Market
21 S 2nd St, Fairborn, OH 45324
0.22
$163,500
2
1
946
Off Market
316 Spruce Dr, Fairborn, OH 45324
0.22
$104,600
2
1
604
Off Market
219 N 1st St, Fairborn, OH 45324
0.22
$89,600
2
-
1,328
Off Market
212 Spruce Dr, Fairborn, OH 45324
0.23
$173,000
3
2.5
1,144
For Sale

Local Information

  • Map ViewExplore the area around 401 Elder Dr.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1965
Living Area
8,134 sqft
Price/Sqft
$74

About this House

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.
401 Elder Dr, Fairborn, OH 45324 is a 16 bedroom, 8 bathroom, 8,134 sqft multi-family built in 1965. It last sold for $505,000 on Nov 13, 2023 (4% below the $525,000 asking price). More recently, it was listed as a rental in January 2018 with an asking price of $550 per month. That rental listing was removed on January 16, 2018. It is currently off market. The Trulia Estimate is $600,100, with a rent estimate of $815/month.
Last check for updates: about 9 hours ago
Listed by Tricia Reynolds, (937) 949-0006
Glasshouse Realty Group
Lori Lyons, (937) 475-1607
Glasshouse Realty Group
Bought with: Tyler Everidge, (937) 789-4598, eXp Realty
Originating MLS: Dayton Area Board of REALTORS
Source: DABR MLS, MLS#891147

Home Details for 401 Elder Dr

Interior Features

Interior Details
Basement: Full
Beds & Baths
Number of Bedrooms: 16Number of Bathrooms: 8Number of Bathrooms (full): 8
Dimensions and Layout
Living Area: 8134 Square Feet
Heating & Cooling
Heating: BaseboardHas CoolingAir Conditioning: Wall Unit(s)Has HeatingHeating Fuel: Baseboard
Levels, Entrance, & Accessibility
Number of Stories: 2

Exterior Features

Exterior Home Features
Patio / Porch: Balcony, PatioExterior: Balcony, Patio
Parking & Garage
No GarageParking: No Garage,Parking Lot

Property Information

Year Built
Year Built: 1965
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Brick
Property Information
Parcel Number: A02000100020003300

Price & Status

Price
List Price: $525,000
Status Change & Dates
Off Market Date: Mon Nov 13 2023Possession Timing: Subject To Tenant Rights

Active Status

MLS Status: Closed

Location

Direction & Address
City: FairbornCommunity: Fairfield Crossing
School Information
Elementary School District: FairbornJr High / Middle School District: FairbornHigh School District: Fairborn

Building

Building Area
Building Area: 8134 Square Feet

HOA

Association for this Listing: Dayton Area Board of REALTORS

Lot Information

Lot Area: 10079.784 sqft

Business

Expense
Tenant Pays: Electricity

Miscellaneous

BasementMls Number: 891147Living Area Range Units: Square FeetAttribution Contact: (937) 949-0006Universal Property Id: US-39057-N-A02000100020003300-R-N

Price and Tax history

DateEventPrice
Nov 13, 2023
Source: DABR MLS #891147
Sold
$505,000
Aug 11, 2023
Source: DABR MLS #891147
Pending
$525,000
Aug 9, 2023
Source: DABR MLS #891147
Listed For Sale
$525,000
Jan 16, 2018
Source: Agent Provided
ListingRemoved
$525
Jan 14, 2018
Source: Agent Provided
PriceChange
$525
Price decreased by 5%

Market trends in Fairborn

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$213K
$14.8KMoM
Sale-to-List Price
100.0%
0.2%MoM
Price per sq ft
$147
$5MoM
Available listings
125
14MoM

Around this home

What Locals Say about Fairborn

At least 266 Trulia users voted on each feature.

  • 93 % Say car is needed

  • 83 % Say it's dog friendly

  • 82 % Say parking is easy

  • 82 % Say there are sidewalks

  • 73 % Say yards are well-kept

  • 71 % Say there's holiday spirit

  • 64 % Say kids play outside

  • 63 % Say it's quiet

  • 62 % Say people would walk alone at night

  • 61 % Say streets are well-lit

  • 48 % Say there's wildlife

  • 45 % Say neighbors are friendly

  • 42 % Say it's walkable to grocery stores

  • 41 % Say it's walkable to restaurants

  • 39 % Say they plan to stay for at least 5 years

  • 33 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Duane Wilson
    "Great friendly neighborhood. homes that are kept up extremely well, that is well suited for start up families and older retirees. Close to schools, restaurants, grocery stores, and easy access to major freeways…"
    0
    Flag
  • Trulia User
    "The Halloween events are amazing the trick or treating was super loaded with kids and so many happy people"
    0
    Flag
  • Duane Wilson
    "Fairborn has invested heavily in new schools, including a new high school. Also community parks with paved walkways "
    0
    Flag
  • Duane Wilson
    "Fairborn has a lot of special nights downtown from Bluegrass and Brew to the Fantastic Fairborn Foy’s Halloween weekend gathering…"
    0
    Flag
  • Duane Wilson
    "Lots of loyal owners walking their dogs in the morning and evening hours . Everyone says hi to my dog on my walks.."
    0
    Flag
  • Lee Anne Osborne
    "I see people walking their dogs daily. They all seem very well-behaved and are on leashes. I have never seen any conflicts with two dogs or more."
    1
    Flag
  • Trulia User
    "There are a lot of parks and the YMCA, and a skate park. We have a tight knit community because all of the kids go to the same school by age (primary, intermediate, middle, high school) so they grow up together, trick or treat together, etc"
    0
    Flag
  • Meg N.
    "there is a lot of construction around here in this area part of the town. good nice neighborhoods to look at"
    5
    Flag
  • Zachary S.
    "I enjoy Fairborn! I lived in NJ for 7 years and when I moved back I got my place in Fairborn. I knew the area growing up and knew it was a safe choice! "
    8
    Flag
  • Zachary S.
    "Decent schools, smaller community. Quite, and not to much trouble to get into. Moved back here from NJ."
    3
    Flag
  • Zachary S.
    "It's a nice place! Quite ! It's not too busy and not too slow. Just right I think !!! Good place for single and family types "
    5
    Flag
  • Trulia User
    "Fairborn has a nice small town feel with all the amenities within a short drive. Neighbors regularly walk their dogs and wave as they drive by. It’s a very welcoming community and we’re grateful to live here. "
    7
    Flag
  • Bakern05
    "Quick access to 675, 70 & 35 - general beavercreek traffic not bad. Neighborhood has 2 exits with equal time to get you to the main 2 areas of interest "
    0
    Flag
  • Vkhairsyon001
    "July 4 fireworks and HS football and Bicycle Riding Clubs. 5K Air Force base affiliated race. Fair creek church is nearby. "
    0
    Flag
  • Nina T. P.
    "Every once in a while we may have a dog loose in the neighborhood, possibly, a mess or two in your yard is a little more consistent."
    0
    Flag
  • Trulia User
    "This neighborhood is close to lots of shopping and food, but still has a small town feel where neighbors speak to each other on walks and almost everyone is willing to lend a hand. "
    3
    Flag
  • Tammyasher1976
    "Halloween foys stores are always the best places to go all year long plus the Fourth of July has nice parades to"
    0
    Flag
  • Alex M.
    "Trash cans for poop bag around walking areas could be beneficial. The area is pretty good in terms of walking pets"
    0
    Flag
  • Sheila M.
    "The neighbors are very friendly. The dogs are typically leashed and with their owners while out on a their walks. "
    0
    Flag
  • Duane W. .
    "Fairborn is a great place to live and commute. The interstates are close by, as is major state routes..."
    1
    Flag
  • Maria A. M.
    "All holidays are pleasant , the 4th Christmas tree lighting, Wright part pride, Air Force educational activities"
    1
    Flag
  • Michelle W.
    "Parents should know that traffic does get heavy sometimes. Right around where kids would play. Also the school district is to be desired "
    2
    Flag
  • Shyanne.schaeffer
    "Pretty great, good place and everyone keeps to themselves or only has nice things to say to one another. "
    4
    Flag
  • Hayley F.
    "It’s hard to find a home for rent that allows pets in this area. And the places that do normally aren’t the best "
    4
    Flag
  • Duane W. .
    "Growing up in Fairborn is like no other place. It’s three or four cities in a population of 34000 give or take. In the middle of town it’s a typical Midwest town and values. It’s a military town, with Wright-Patterson AFB. It was nothing growing up and going to someone else’s parents and one their parents could be of any nationality. So, you learn different cultures. Finally, the people from Appalachia. Like my parents. Following the factory and Air Force jobs from the mountains of Appalachia. So, Fairborn is a great place to raise your children."
    0
    Flag
  • Regina Phalange
    "In this neighborhood, there’s nothing. Several people who don’t take care of their property and several “manly men” who want to remind us all they have big trucks and motorcycles. Can’t wait to move. "
    5
    Flag
  • Rex L.
    "good children caring community, and nice parks around, but not much other to do than ride your bike to parks and hang out with children at home. "
    0
    Flag
  • Rhonda W. C.
    "My neighborhood is close to 675, 70 and 4, so Geri g any where is easy and quick. Close to good shopping and restaurants one exit away. "
    2
    Flag
  • Madlibs16
    "My neighborhood consists of 3 streets in the country. I love it here. Very quiet. Very safe. And there's a pool!"
    1
    Flag
  • Rthurneyssen
    "Family and military oriented community with small town setting that’s accessible to larger Ohio cities "
    0
    Flag
  • Hicks a.
    "easy access to shopping areas without being a major city. small town feel with big city benefits "
    0
    Flag
  • Raneemurphy
    "I have lived here 20 years. Raised my children here. Very quiet neighborhood we live in, all the people are friendly. "
    0
    Flag
  • Michelle W.
    "I’ve lived here for 2 years. It’s a condo complex but we rent. The neighborhood is either young professional, young family with small children or the elderly. "
    0
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Copyright Dayton Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.

Frequently asked questions about 401 Elder Dr

  • What is 401 Elder Dr estimated to be worth?
    Trulia's estimated value for 401 Elder Dr in Fairborn, OH is $600,100.
  • What is the price history for 401 Elder Dr?
    401 Elder Dr in Fairborn, OH last sold for $505,000 in November 2023.
  • Is Fairborn a buyer's or seller's market?
    Fairborn is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Fairborn?
    The median sale price in Fairborn is $213K. That is up $14.8K from the prior month.
  • Does 401 Elder Dr have air conditioning?
    Yes, 401 Elder Dr in Fairborn, OH has air conditioning.

Explore by feature - Pet Friendly

42 pet-friendly rentals in Fairborn, OH

Explore by feature - Garage

24 rentals with a garage in Fairborn, OH

Explore by feature - Air Conditioning

47 rentals with air conditioning in Fairborn, OH

Explore by feature - Pool

9 rentals with a pool in Fairborn, OH

Explore by feature - Washer/dryer

23 rentals with a washer/dryer in Fairborn, OH

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Off Market Homes Near 401 Elder Dr

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