623-625 W Funderburg Road, Fairborn, OH 45324
Local realty services provided by:ERA Petkus Weiss
623-625 W Funderburg Road,Fairborn, OH 45324
$235,000
- 4 Beds
- 4 Baths
- 1,872 sq. ft.
- Multi-family
- Pending
Listed by: brian sharp
Office: bhhs professional realty
MLS#:966686
Source:OH_DABR
Price summary
- Price:$235,000
- Price per sq. ft.:$125.53
About this home
Investment opportunity at 623–625 W. Funderburg Road in Fairborn! Offered at $235,000, this side-by-side duplex provides approximately 1,872 total square feet, with two bedrooms and 1.5 baths in each unit.
Each two-story residence offers a living room, eat-in kitchen, first-floor half bath, two upstairs bedrooms, a full bathroom, and in-unit laundry hookups. The property currently generates $1,800 per month—$900 per side—with tenants responsible for all utilities.
Recent capital improvements include a roof replacement in 2019, updated flooring in 2020, and ductless mini-split air-conditioning systems installed in 2026. Additional features include baseboard heating and rear off-street parking.
Conveniently located approximately 1.5 miles from Wright State University, with quick access to Wright-Patterson Air Force Base, I-675, State Route 444, Downtown Fairborn, The Mall at Fairfield Commons, shopping, restaurants, parks, and other major employment and education centers.
At the $235,000 asking price, current rents produce approximately $21,600 in annual gross income and a 9.2% gross yield. Rents could easily reach $1,000 or more per unit, which would increase annual gross income to at least $24,000 and the gross yield to approximately 10.2%. Tenant-paid utilities, recent improvements, and potential rent growth make this a compelling opportunity for investors seeking a well-located Fairborn multifamily property.
Property information, measurements, future rental potential are subject to buyer verification....
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Home facts
- Year built:1965
- Subdivision & Development:Wright View Heights
- Listing ID #:966686
- Added:1 day(s) ago
- Updated:August 18, 2026 at 07:51 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:2
- Half bathrooms:2
- Kitchen Description:Range, Refrigerator
- Living area:1,872 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1965
- Building area:1,872 sq. ft.
- Lot area:0.14 Acres
- Construction Materials:Brick
Finances and disclosures
- Price:$235,000
- Price per sq. ft.:$125.53
Features and amenities
- Laundry features:Dryer, Washer
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