Property Description

Updated 3-bedroom home with modern finishes throughout! Recent Improvements include HVAC 2024, HWH 2025, Roof 2017, 2024 Updated Bathroom, New Laminate Flooring 2026, Dishwasher 2025, and Freshly Painted inside 2026. Stainless Kitchen appliances. Frig on order will be installed before closing. Large covered Patio, fenced-in back yard with fire pit gives this back yard oasis plenty of room for entertaining. Located within a short walking distance of Marsh Lake. Marsh Lake is a public 60-acre lake that offers fishing, hiking, and picnic areas. This move-in-ready home offers an abundant amount of natural light throughout with spacious living spaces.

5741 Gray Road | MLS# 956843

This single family home located at 5741 Gray Road, Fairfield, OH 45014 is currently listed for sale with an asking price of $325,000. This property was built in 1972 and has 3 bedrooms and 1 full and 1 partial baths with 1680 sq. ft. Gray Road is located in the Lake Princeton Condo subdivision within the Fairfield school district. Search Lake Princeton Condo real estate on 251danielburnhamsquareunitunit259.cutlerhomes.com today.

Property Features

Property Type: Residential - Single Family

Basement: Yes

Cooling: Central

Days on Market: 27

Garage: 2

Heating: Electric, Heat Pump

Lot Size: 0.45 Acres

Taxes: $3,106

Year Built: 1972

Feature Descriptions

Basement Features: Partial

Exterior: Brick, Vinyl

Garage Features: 2 Car

Lot Dimensions: 100x200

Room Sizes

Bedroom: 10 X 11 Level - Second

Bedroom: 13 X 9 Level - Second

Bedroom: 10 X 9 Level - Second

Dining Room: 11 X 9 Level - Main

Family Room: 17 X 131 Level - Main

Living Room: 18 X 13 Level - Lower Level/Tri

Kitchen: 11 X 10 Level - Main

Local Schools

School District: Fairfield

Market Trends

Butler County Residential Market Trend Graphs

Zip Code 45014

Source: Delta Media Group, Inc.

Demographics

Butler County Demographic Information for 5741 Gray Road, Fairfield, OH 45014

Fips

Fips Code 39017

Population

2020 to 2025 Change up 2.5%

2010 Count 368,130

2020 Count 390,357

2025 Estimate (V2025) 400,128

2020 Estimate (V2025) 390,352

Age Distribution (Years Old)

0 to 4 5.6%

5 to 17 22.8%

18 to 64 55.1%

65 and Older 16.5%

Gender

Male 49.4%

Female 50.6%

Place of Birth

Foreign 8.0%

US 92.0%

Education

High School Graduate, Age 25+ 91.2%

Bachelor's Degree or Higher, Age 25+ 32.8%

Computer and Internet use

Households with a computer 95.5%

Households with a broadband Internet subscription 92.2%

Language

English is Second Language, Age 5+ 10.7%

English is First Language, Age 5+ 89.3%

Veterans

Veterans 17,746

Income

Per Capita Income $40,027

Median Household Income $81,590

People in Poverty 13.0%

Commute

Average Work Commute Time 25 minutes

Housing

Total Housing Units 155,648

Households 146,822

Average Household Size 2.60

Owner-Occupied 69.9%

Multi-Family 19.9%

Owner-Occupied Median Value $258,500

Median selected monthly owner costs -with a mortgage $1,665

Median selected monthly owner costs -without a mortgage $619

Median gross rent $1,135

Building Permits

New Private Housing Issued 2024 1,162

Years at Residence

1 Year or More 87.1%

Less Than 1 Year 12.9%

Business and Employment

Private non-farm Establishments 7,537

Private non-farm Employment 148,073

Private non-farm Employment Growth up 2.6%

Nonemployer Establishments 27,614

Number of Firms 5,901

Business Production

Value of Shipments $10,184,399,000

Wholesale Trade $11,235,696,000

Retail Trade $8,376,739,000

Retail Sales Per Capita $19,083

Accommodation and Food Services $811,846,000

Land

Land Area 467.06 sq. miles

Population Per Square Mile 789

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 2,005.56 per month $1,651.94 Principal & Interest $258.83 Property Tax $94.79 Homeowner's Insurance

Change Payment Information

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5741 Gray RoadFairfield, OH 45014