3 bedrooms, 1 bathroom
Affordable Fixer-Upper with Land Potential in Jackson, Ohio
If you’ve been searching for an affordable real estate opportunity with strong upside potential, this fixer-upper on Beaver Pike in Jackson, Ohio deserves your attention. Whether you are an investor looking to expand your portfolio, a builder seeking land for your next project, or a buyer ready to create a customized home from the ground up, this property offers a unique combination of value, flexibility, and long-term potential.
A Rare Opportunity for Value-Driven Buyers
In today’s competitive real estate market, finding a property priced at just $17 per square foot is increasingly uncommon. This home, sitting on approximately 0.98 acres across three parcels, provides an accessible entry point for buyers who are willing to invest time and effort into rehabilitation or redevelopment.
The property is being sold in “As Is” condition, which means it is priced with its current state in mind. While it will require significant repairs, this also opens the door for buyers to create something entirely their own without paying a premium for updates they may not want.
For those with vision, this is more than just a distressed property—it’s a blank slate with the potential to deliver strong returns.
Structure with Possibility
Built in 1930, the home offers approximately 1,200 square feet of interior living space. The layout suggests the potential for three bedrooms and one full bathroom, making it suitable for a small family home, rental property, or resale project after renovation.
The home features a one-and-a-half-story design, which adds character and flexibility to the layout. With bedrooms on both the main and upper levels, the structure allows for creative redesigns that can maximize space and functionality.
Inside, the flooring consists primarily of wood, with linoleum in the kitchen. While these materials may need updating, they provide a foundation for restoration or replacement based on your design preferences.
The home also includes a partial basement, which can be utilized for storage or potentially upgraded to add functional space.
Interior Layout Overview
The property includes the following rooms:
A main-level living room with wood flooring
A kitchen with linoleum flooring
Three bedrooms, each with wood flooring
One full bathroom on the main level
This straightforward layout is ideal for renovation projects, as it allows for easier reconfiguration compared to more complex floor plans. Whether you want to modernize the existing design or completely reimagine the space, the structure provides a starting point.
No Utilities, No Limits
Currently, the home does not include heating or cooling systems, and utility details such as water, sewer, and electric are listed as “other.” While this means additional work will be required, it also gives you full control over how these systems are installed and optimized.
This is especially appealing for buyers interested in energy-efficient upgrades or alternative solutions such as modern HVAC systems, tankless water heaters, or even off-grid living options.
Instead of inheriting outdated systems, you have the opportunity to build infrastructure that meets current standards and your personal preferences.
Nearly One Acre of Land Across Three Parcels
One of the most valuable aspects of this property is the land itself. With a total of approximately 0.98 acres spread across three parcels, the possibilities extend beyond simply renovating the existing home.
This setup creates opportunities such as:
Building a new home while retaining or removing the existing structure
Developing additional structures or outbuildings
Holding the land as a long-term investment
Creating a larger yard or outdoor living space
In many markets, land is becoming increasingly scarce, making parcels like this especially valuable. The flexibility offered by multiple parcels can also be advantageous for future resale or development strategies.
Outdoor Features and Potential
The property includes both a deck and a porch, which can be restored or redesigned to enhance outdoor living. With nearly an acre of land, there is ample room to expand these features or add new ones such as:
A patio or outdoor kitchen
A garden or landscaping project
A detached garage or workshop
Recreational areas for relaxation or entertainment
The size of the lot provides a sense of privacy while still being manageable in terms of maintenance.
Investment Potential
This property is particularly appealing for real estate investors. With a tax assessed value of $63,010 and an annual tax amount of $848, the numbers suggest room for value appreciation after improvements.
Because the property is Real Estate Owned (REO), it is typically priced to sell quickly. However, buyers should note that proof of funds is required with any offer, and the property will not qualify for FHA, VA, or USDA financing. This means cash buyers or those using conventional financing will be best positioned to take advantage of this opportunity.
For investors, this could be a classic fix-and-flip scenario or a buy-and-hold rental property after renovation. With the right upgrades, the home could be transformed into a desirable residence in the Jackson area.
Ideal for Builders and Developers
Beyond renovation, this property is also well-suited for builders or developers. The nearly one-acre lot and multiple parcels provide flexibility for new construction.
If the existing structure is beyond repair or does not align with your vision, you can consider clearing the land and building a new home from scratch. This approach allows you to design a property that meets modern standards and appeals to today’s buyers.
In many cases, land value alone can justify the investment, especially when combined with the potential for new construction.
Location Benefits
Situated in Jackson, Ohio, this property offers a balance of rural charm and accessibility. The area is known for its quiet surroundings, making it appealing for those seeking a more relaxed lifestyle.
At the same time, Jackson provides access to essential amenities, including shopping, dining, and local services. This combination makes the property suitable for both personal use and investment purposes.
For buyers looking to escape the hustle of larger cities while still maintaining convenience, this location offers a practical solution.
Important Considerations
Before moving forward, it’s important to understand the key conditions associated with this property:
Sold strictly “As Is” with no warranties or guarantees
Requires significant rehabilitation or redevelopment
Will not qualify for FHA, VA, or USDA financing
Proof of funds is required with any offer
These factors are typical for fixer-upper and REO properties but should be carefully considered when planning your investment or purchase.
Conducting a thorough inspection and budgeting for repairs or construction will be essential steps in maximizing the property’s potential.
Why This Property Stands Out
What makes this listing particularly compelling is the combination of affordability, land size, and flexibility. At under one acre and with a low price per square foot, it provides an entry point that is accessible to a wide range of buyers.
Unlike turnkey homes, which often come at a premium, this property allows you to invest in improvements that directly increase its value. This hands-on approach can lead to greater returns, especially for those with experience in renovation or construction.
Additionally, the inclusion of three parcels adds a layer of versatility that is not commonly found in properties at this price point.
A Project Worth Pursuing
For the right buyer, this property represents more than just a home—it’s a project with the potential to deliver both personal satisfaction and financial reward.
Whether you choose to restore the existing structure, build something new, or hold the land as an investment, the possibilities are wide open. The key is having the vision to see beyond the current condition and recognize what the property can become.
Take the Next Step
Opportunities like this don’t last long, especially in a market where affordable properties are becoming harder to find. If you have the resources and the vision, this fixer-upper on Beaver Pike could be the perfect fit.
With nearly an acre of land, multiple parcels, and strong potential for appreciation, it offers a compelling case for action. Submit your offer with proof of funds and take the first step toward transforming this property into something truly valuable.
Your next investment—or your future home—could start right here.
Listed on Zillow
