Franklin Homes under $400,000

Welcome to Franklin, Ohio, a charming city nestled in Warren County that perfectly blends small-town charm with modern conveniences. Known for its friendly atmosphere and rich history, Franklin offers a delightful community where residents enjoy a high quality of life. With its picturesque parks, vibrant local shops, and a strong sense of community, it’s no wonder that families and young professionals alike are drawn to this hidden gem.

Franklin is strategically located just a short drive from Dayton and Cincinnati, providing residents with easy access to big-city amenities while still enjoying the tranquility of suburban living. Whether you’re looking for outdoor adventures at local parks, engaging community events, or top-rated schools, Franklin has something for everyone.

For those seeking affordable housing options, Franklin boasts a variety of homes under $400,000. From charming single-family homes to modern townhouses, the real estate market here offers diverse choices to suit different lifestyles and budgets. Many of these homes feature spacious layouts, updated amenities, and beautiful outdoor spaces, making them perfect for families, first-time buyers, or anyone looking to settle down in a welcoming community.

Explore the possibilities of homeownership in Franklin, where you can find the perfect blend of comfort, affordability, and community spirit. With its beautiful neighborhoods and friendly residents, Franklin is more than just a place to live; it’s a place to call home. Come discover your dream home today in this delightful Ohio city!

Newest Franklin Homes under $400,000

$380,000

3 Beds ⋅ 3 Baths ⋅ 970230 MLS

Don't let the front of this home fool you! There's over 2,500 sq. ft. of finished living space waiting inside! Located in Wilson Farms, this home offers an open main level with a split-bedroom floor plan, giving the private primary suite its own side of the home. The spacious kitchen features bar seating and opens to the great room with a gas fireplace and access to the rear deck. The primary suite includes a large walk-in closet, while plenty of additional storage can be found throughout the home. The finished walkout basement adds an incredible amount of living and entertaining space with a 26x34 recreation room, 9-ft. ceilings, partial second kitchen, full bathroom, workshop and plenty of storage, perfect for hosting family and friends, game days or creating additional living space. Outside, enjoy a fenced backyard with a storage shed with electric and peaceful, nature-filled views overlooking more than an acre of green space. With a 2-car attached garage, raised laundry station with storage below and a layout that feels open and spacious, this home offers much more than you would ever expect from the curb!

3609 Madison Grace Way, Franklin

Courtesy of Amanda J Leach and Keller Williams Community Part

$243,000

3 Beds ⋅ 1 Baths ⋅ 969447 MLS

Welcome home to this classic red brick architecture and a welcoming front porch that sets a serene tone for this single-story residence. The covered entryway provides a shaded transition into the home, where warmth and charm are immediately present when you walk into an open layout that seamlessly connect the primary living areas. Inside, the kitchen features white cabinetry, dark countertops, a classic subway tile backsplash, and a suite of appliances including a range, dishwasher, microwave, and refrigerator. The home offers three bedrooms, each grounded by beautiful flooring and equipped with ceiling fans. A full bathroom presents beadboard walls and a single vanity, while a dedicated laundry zone features functional workspace and upper cabinetry. The garage has been converted into a recreation room, providing an indoor gathering space that is the perfect place to entertain friends and family during game days! This room adds 368 sq ft of versatile space to the home OR turn the space back into a garage! This large room leads directly outside to the absolutely stunning exterior features of the property. Outside, a extra large wooden deck measuring 24x14 overlooks a 1.12-acre lot defined by mature trees, rolling lawns, and a storage shed. This back yard is one you have to see in person!! The exterior of the home is finished with a combination of brick and vinyl siding, and includes a driveway for extra parking. Updates include: roof on house, roof on shed, flooring, kitchen cabinets, exterior paint on house, exterior paint on back porch, exterior paint on shed, front porch outdoor carpet, new bath/shower insert, attached garage remodel to extra living space, kitchen lighting update, electrical light switched and outlet replaced. Schedule a time to explore the functional spaces and tranquil acreage of this Franklin property.

4318 Pennyroyal Road, Franklin

Courtesy of Jennifer Dietrich and Irongate Inc.

$380,000

3 Beds ⋅ 3 Baths ⋅ 1896083 MLS

Don't let the front of this home fool youthere's over 2,500 sq. ft. of finished living space waiting inside! Located in Wilson Farms, this home offers an open main level with a split-bedroom floor plan, giving the private primary suite its own side of the home. The spacious kitchen features bar seating and opens to the great room with a gas fireplace and access to the rear deck. The primary suite includes a large walk-in closet, while plenty of additional storage can be found throughout the home. The finished walkout basement adds an incredible amount of living and entertaining space with a 26x34 recreation room, 9-ft. ceilings, partial second kitchen, full bathroom, workshop and plenty of storageperfect for hosting family and friends, game days or creating additional living space. Outside, enjoy a fenced backyard with a storage shed with electric and peaceful, nature-filled views overlooking more than an acre of green space.

3609 Madison Grace, Franklin

Courtesy of Ryan Riddell with Keller Williams Community Part

$219,900

3 Beds ⋅ 1 Baths ⋅ 1895978 MLS

Enjoy easy one-level living in this inviting 3bdrm ranch on a corner lot. The kitchen features quartz countertops and sink (2021), stainless steel appliances (2020) and an island for casual dining. A spacious family room opens to the privacy fenced backyard, where a coveted outdoor bar with direct access from the primary bedroom creates a fun spot to relax or entertain. Enjoy natural woodwork, and pocket door to close off bedrooms from living space. Updates include a furnace (2022), laminate flooring, ceiling fans, blinds, and a new privacy fence (all in 2026). Window, sliding doors, water heater, and water softener were replaced in 2020. A heated, attached one-car garage with built-in storage, extra-wide driveway, and backyard shed offer added convenience.

597 Kristine, Franklin

Courtesy of Angela Gray with Hand In Hand Realty, LLC

$104,900

3 Beds ⋅ 1 Baths ⋅ 1895964 MLS

Great opportunity to buy this two story home located in Franklin, OH and sitting on a .10 acre lot (40x110) with a detached garage. The interior has approximately 1440 sq. ft. with 3 bedrooms and 1 bathroom.

132 N River Street, Franklin

Courtesy of Aaron Brailer with RealHome Services andSolutions

$209,000

3 Beds ⋅ 1 Baths ⋅ 970109 MLS

Adorable,affordableone story home with front porch charm that is bigger than its decription. freshly painted.big yard with rear deck.

221 Bridge Street, Franklin

Courtesy of Sonu Singh and Glasshouse Realty Group

$225,000

3 Beds ⋅ 2 Baths ⋅ 1894872 MLS

Enjoy 1,600 sq. ft. of spacious living with 3 bedrooms and 2 full baths! The inviting living room features LVP flooring, while the cozy family room offers a fireplace perfect for relaxing. A 12x10 sunroom and deck overlook the large, level backyard, providing plenty of space to enjoy the outdoors. Upstairs is a nice size bonus room ready to fit your needs, along with a updated full bath. Conveniently located with easy access to the interstate.

778 Martha Drive, Franklin

Courtesy of Lynn Murphy-Dickerscheid with eXp Realty

$219,900

3 Beds ⋅ 1 Baths ⋅ 969156 MLS

Welcome to this three-bedroom, ranch home in the Carlisle area, set on a spacious 0.61-acre lot. Inside, the living room features a step down from the kitchen , a brick floor to ceiling fireplace with glass doors and is open to the dining area and kitchen. Enjoy the hardwood floors throughout An enclosed porch offers extra space to relax while overlooking the backyard. You’ll also find a convenient laundry area, a storage shed, and plenty of outdoor room in the large back yard to garden or entertain. It offers great landscaping also. A newer roof and a/c adds to the appeal. Schedule your showing and see the possibilities for yourself!

7819 Lyn Drive, Franklin

Courtesy of Kyle Strasburger and M R Real Estate

$310,000

4 Beds ⋅ 3 Baths ⋅ 1893690 MLS

Welcome home to this beautifully updated 4-bedroom, 2.5-bath home featuring a modern open floorplan and fresh new LVP flooring throughout. The updated kitchen and bathrooms offer a clean, contemporary feel, while the spacious layout provides plenty of room for everyday living and entertaining. Enjoy even more living space outdoors with multi-level decks accessible from sliding doors on both levels, creating the perfect setup for relaxing or entertaining. Major updates in 2026 include a new roof, water heater, and HVAC system, offering added peace of mind for the next owner. Member of owning LLC holds a real estate license.

802 Victoria Drive, Franklin

Courtesy of Nicholas Ballinger with Keller Williams Advisors

$293,000

3 Beds ⋅ 3 Baths ⋅ 968327 MLS

Cute, updated, and ready to impress! This move-in-ready three-bedroom home in Franklin Landing offers the perfect combination of style, comfort, and peace of mind. Located at the end of the street with a private fenced in yard, this home is one you’ll want to see before it’s gone! Inside, you’ll find neutral paint and updated light fixtures throughout, creating a fresh, welcoming feel. The bright white kitchen features stainless steel appliances, all of which convey with the home. Upstairs, three bedrooms and two updated full bathrooms provide plenty of comfortable living space. The spacious primary suite includes a walk-in closet and a beautifully updated ensuite bath. Buyers will appreciate the peace of mind that comes with several important updates: water heater (2021), furnace and A/C (2019) and garage door (2022). The Franklin Landing HOA adds even more to the appeal, offering walking paths, a pond, play area, and basketball court. HOA dues are paid semi-annually. Cute, comfortable, updated, and ready for its next owner—come see all this charming Franklin Landing home has to offer!

71 Lakeview Drive, Franklin

Courtesy of Kerin Campbell and Howard Hanna Real Estate Serv

$149,900

2 Beds ⋅ 1 Baths ⋅ 968640 MLS

Updated and move in ready. This 2 bedroom, 1 bath home offers recent cosmetic updates including new flooring, paint, lighting, and a refreshed bathroom. Some of the major mechanicals have already been addressed with a new roof, newer furnace and hot water heater. Storage shed included. A great opportunity for an owner occupant or investor

715 South Avenue, Franklin

Courtesy of Melissa Bolser and Sibcy Cline, Inc.

$149,900

2 Beds ⋅ 1 Baths ⋅ 1893522 MLS

715 South Avenue, Franklin

Courtesy of Adam Schupp with Sibcy Cline, Inc.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity™ program of the Multiple Listing Service of Greater Cincinnati. Real estate listings held by brokerage firms other than our company are marked with the Broker Reciprocity™ logo (the small house as shown to the left) and detailed information about them includes the name of the listing brokers. This data is up-to-date as of . Copyright 2026, MLS of Greater Cincinnati, Inc. All rights reserved. Information deemed reliable but not guaranteed.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors® MLS IDX Database. Real estate listings from the Dayton Area Board of Realtors® MLS IDX Database held by brokerage firms other than Mark Ryan Group RE/MAX Victory + Affiliates are marked with the IDX logo and are provided by the Dayton Area Board of Realtors® MLS IDX Database. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in. Copyright© 2026 Dayton Area Board of Realtors®