$20,000 Ohio Property With Four Lots, Large Detached Garage and Redevelopment Potential in Warren
$20,000 Ohio Property With Four Lots, Large Detached Garage and Redevelopment Potential in Warren
Finding real estate listed for $20,000 in today’s housing market can immediately attract attention, particularly among buyers searching for affordable property, vacant land, fixer-upper homes, or real estate investment opportunities in Ohio.
However, not every low-priced property is suitable for immediate occupancy, and some listings are better understood as land purchases rather than traditional home sales.
One example is located at 2755 Harvey Avenue SE, Warren, OH 44484.
This property is advertised for $20,000 and includes four combined lots totaling approximately 0.3 acres, along with a ranch-style residence and a large detached garage.
The existing home was originally built in 1940 and is listed with three bedrooms, one full bathroom, and approximately 2,470 square feet of reported interior living area.
Despite those figures, the listing makes an important point: the residence is currently in structural disrepair, and the property is being marketed primarily for its land value.
The seller’s description suggests that the existing structure should only be considered for foundational purposes, with utility connections potentially supporting a future project.
The detached garage is described as seemingly sound, although its actual condition requires professional inspection.
The four-lot configuration, substantial street frontage, and access extending toward another cross street are among the property’s most interesting characteristics.
For buyers exploring affordable Ohio real estate, this listing may be worth examining as a potential redevelopment site, subject to local zoning, permits, demolition requirements, title conditions, and construction costs.
This guide reviews the property’s features, financial considerations, redevelopment possibilities, inspection priorities, and important questions buyers should ask before making an offer.
Property Overview: 2755 Harvey Avenue SE, Warren, Ohio
The property is located in Warren, Ohio, within the Republic Heights subdivision.
According to the listing, it consists of four combined parcels and includes an existing ranch-style residence and detached garage.
Key Property Details
- Address: 2755 Harvey Avenue SE, Warren, OH 44484
- City: Warren
- State: Ohio
- ZIP Code: 44484
- Subdivision: Republic Heights
- Listing Price: $20,000
- Property Type: Single-Family Residence
- Architectural Style: Ranch
- Year Built: 1940
- Reported Interior Area: 2,470 square feet
- Bedrooms: 3
- Bathrooms: 1 full bathroom
- Stories: 1
- Lot Size: Approximately 0.3 acres
- Number of Included Parcels: 4
- Garage: Detached, 2-car
- Exterior: Vinyl siding
- Roof: Asphalt and fiberglass
- Heating: None reported
- Cooling: None reported
- Basement: None
- Water: Public
- Sewer: Public
- Condition: Fixer, with serious structural disrepair described
- Annual Property Taxes: Approximately $561
- Tax-Assessed Value: $31,100
- Listing Terms: Cash
- Special Condition: Third-party approval
- MLS Number: 5258256
The information above comes from the supplied real estate listing and should be independently verified.
Why Is This Ohio Property Listed for $20,000?
The asking price of $20,000 is one of the first details buyers will notice.
For comparison, many conventional homes require substantially larger purchase budgets.
However, the price of this property must be understood in the context of its condition.
The Home Is in Structural Disrepair
The listing explicitly states that the existing residence has significant structural problems.
This is not presented as a conventional move-in-ready home.
The Land Is the Main Attraction
The seller describes the property as being offered primarily for the land.
Four Combined Lots
The inclusion of four parcels may provide flexibility for certain future uses, depending on legal and zoning requirements.
Existing Garage
The detached garage may represent a useful feature if a professional inspection confirms that it can be retained safely.
Utility Connections
The listing references existing water, gas, and electrical tie-ins, although their operational status and suitability for future construction are not established.
Understanding the Four-Lot Property Configuration
One of the property’s most distinctive features is its four combined lots.
The primary parcel number is listed as 28076804.
The additional included parcels are identified as:
- 28076801
- 28076802
- 28076803
Why Multiple Lots Matter
A property consisting of multiple parcels can sometimes provide more flexibility than a single conventional residential lot.
Combined Acreage
The listing reports approximately 0.3 acres in total.
That is equivalent to roughly 13,068 square feet.
Street Frontage
The seller describes an impressive amount of available frontage.
Rear Access Potential
The rearward lot reportedly extends toward the next cross street.
Survey Verification
Buyers should obtain a current survey to confirm boundaries, dimensions, easements, and legal access.
Separate Development Rights
Four parcel numbers do not automatically mean four independently buildable residential lots.
Local zoning and subdivision regulations determine what can legally be constructed.
A 0.3-Acre Property With Redevelopment Possibilities
Although 0.3 acres is relatively modest compared with rural acreage, it may offer useful space within an established neighborhood.
Potential New Construction
A buyer might investigate replacing the existing residence with a new home.
Outdoor Space
Depending on the final building footprint, the lot may allow room for landscaping, parking, or outdoor activities.
Access and Layout
The configuration of the four parcels could influence driveway placement and future site planning.
Zoning Limitations
Any redevelopment must comply with applicable zoning, setback, lot coverage, and building requirements.
Professional Planning
A surveyor, architect, or qualified contractor can help determine what is realistically possible.
Existing Ranch-Style Home Built in 1940
The current residence was constructed in 1940.
It is classified as a ranch-style single-family home.
Single-Level Design
The structured listing identifies one story.
Reported Living Area
The property is listed with approximately 2,470 square feet of interior living space.
Structural Concerns
The seller explicitly warns that the residence is in structural disrepair.
Not Suitable for Assumed Occupancy
Buyers should not assume the building is safe, habitable, or suitable for renovation.
Professional Evaluation
A structural engineer or qualified building professional should evaluate the property before any work begins.
Three Bedrooms and One Bathroom
The structured listing identifies three bedrooms and one full bathroom.
Existing Layout
All three bedrooms and the bathroom are listed as being on the main level.
Important Qualification
These room counts describe the existing structure, not a guarantee that the rooms are currently usable.
Renovation Feasibility
Structural conditions may make ordinary remodeling impractical.
Replacement Construction
If the existing home cannot be safely rehabilitated, the buyer may need to consider demolition and new construction.
Cost Evaluation
The financial feasibility of renovation versus replacement should be established through professional estimates.
Why Structural Disrepair Changes the Investment Analysis
Structural problems can affect nearly every part of a real estate purchase.
Foundation Concerns
The listing suggests the existing structure should only be considered for foundational purposes.
However, this does not establish that the foundation is suitable for reuse.
Load-Bearing Components
Damaged framing or structural supports can create serious safety risks.
Roof and Exterior
A building with significant structural problems may also have water intrusion or other deterioration.
Building Code Requirements
Substantial rehabilitation may trigger code compliance obligations.
Insurance Challenges
Some insurance providers may decline to insure a severely deteriorated or vacant structure.
Financing Limitations
Traditional residential mortgage programs may not finance a property in this condition.
Renovation Versus Demolition: Which Makes More Sense?
One of the most important decisions for a prospective buyer is whether the existing residence can be repaired economically.
Renovation Option
Renovation may be considered only after a professional assessment confirms that the structure can be safely rehabilitated.
Demolition Option
If the building is beyond practical repair, demolition may be the more realistic alternative.
Demolition Costs
Expenses may include permits, utility disconnections, hazardous-material assessment, equipment, debris removal, and site restoration.
New Construction Costs
A replacement home would require a separate construction budget.
Comparing Scenarios
Buyers should obtain detailed estimates for both approaches rather than assuming the lower-cost option.
Large Detached Two-Car Garage
The listing identifies a detached garage with two parking spaces.
The seller describes the garage as seemingly sound and potentially useful.
Vehicle Storage
If structurally safe, the garage may accommodate vehicles.
Workshop Possibilities
It could potentially provide space for tools or permitted hobby activities.
Cement Base
The advertisement specifically mentions a cement base.
Structural Inspection
The garage should be evaluated for foundation condition, framing, roofing, and signs of movement.
Electrical Service
Buyers should confirm whether the garage has safe, functional electrical connections.
Future Use
Retaining the garage during redevelopment may depend on its condition and local permit requirements.
Existing Water, Gas and Electrical Tie-Ins
The seller highlights existing connections for water, gas, and electricity.
These could be relevant to a future redevelopment project.
Public Water
The structured listing identifies public water service.
Public Sewer
The property is also listed with public sewer.
Gas Connection
The description references an existing gas tie-in.
Electrical Connection
An electrical tie-in is also mentioned.
Connection Status
The presence of old utility infrastructure does not establish that services are currently active or safe.
Reconnection Requirements
New construction may require updated meters, service lines, inspections, permits, or utility fees.
Public Water and Sewer: Potential Advantages
Public utility infrastructure may be an important consideration for a redevelopment site.
No Private Well Reported
The listing identifies public water rather than a private well.
No Septic Tank Reported
Public sewer service is listed.
Future Construction
Existing municipal services may simplify some aspects of site planning.
Capacity and Condition
Buyers should verify line locations, service capacity, and any required upgrades.
Connection Fees
Municipal or utility charges may apply even where service previously existed.
No Heating or Cooling Reported
The structured listing identifies no heating or cooling systems.
Existing Occupancy
The absence of these systems reinforces the need to treat the property as a distressed structure.
Rehabilitation Costs
A habitable residential renovation may require a complete heating and cooling installation.
Electrical Requirements
New equipment may require electrical upgrades.
Energy Efficiency
A replacement structure could be designed to meet current energy-efficiency requirements.
Professional Estimates
Heating and cooling costs should be included in any redevelopment budget.
Vinyl Siding and Asphalt-Fiberglass Roof
The home is listed with vinyl siding and an asphalt-fiberglass roof.
Exterior Condition
The listing does not establish whether these materials are serviceable.
Roofing Inspection
Roof damage can contribute to structural deterioration.
Moisture Intrusion
Buyers should investigate water damage, rot, and other problems.
Replacement Planning
Exterior improvements may be unnecessary if the building is demolished, but could represent major expenses if renovation is pursued.
No Basement Reported
The listing states that the residence has no basement.
Foundation Evaluation
The existing foundation should be assessed independently.
Drainage
Site drainage can influence the feasibility of future construction.
Underground Utilities
Buyers should locate underground service lines before excavation.
Site Preparation
Any new building project may require grading, excavation, or foundation work.
Location in Warren, Ohio
The property is located on Harvey Avenue SE in Warren, Ohio.
The advertisement describes a quiet side street location.
Established Neighborhood
The property is situated within the Republic Heights subdivision.
Shopping Access
The listing mentions proximity to local shopping districts.
Neighborhood Research
Buyers should investigate nearby properties, road conditions, and neighborhood characteristics.
Comparable Sales
Recent land and property transactions may help buyers evaluate the asking price.
Local Planning
City development plans and zoning rules can influence future land use.
Republic Heights Subdivision
The structured listing identifies Republic Heights as the subdivision.
Neighborhood Context
The subdivision designation may be relevant when reviewing recorded plats and property records.
Deed Restrictions
Buyers should investigate whether any recorded restrictions affect the lots.
Access Rights
Street frontage and legal access should be verified for each parcel.
No HOA Reported
The listing states that there is no homeowners association.
Local Regulations Still Apply
The absence of an HOA does not remove zoning, building code, or property maintenance requirements.
Cash Purchase Terms
The listing specifies cash as the purchase term.
Why Cash Matters
Cash-only listings may reflect property condition, transaction requirements, or seller preferences.
Mortgage Financing
Traditional mortgage lenders generally require properties to meet certain condition and appraisal standards.
Proof of Funds
Buyers should ask whether proof of available funds is required.
Closing Preparation
A cash transaction may still involve title review, inspections, and closing expenses.
Financing Future Construction
A buyer who pays cash for the land may separately investigate construction financing for a future project.
Third-Party Approval Requirement
The listing identifies a special condition described as third-party approval.
What Does It Mean?
The transaction may require approval from a party other than the seller.
Possible Transaction Delays
Approval requirements can affect timing and closing certainty.
Exact Conditions Unknown
The listing does not explain which third party must approve the sale or why approval is required.
Written Confirmation
Buyers should obtain a clear explanation from the listing agent and review the purchase agreement.
Legal Guidance
A qualified real estate attorney may help evaluate unusual transaction conditions.
Property Taxes: Approximately $561 Per Year
The listing reports annual property taxes of approximately $561.
Monthly Equivalent
Dividing the reported annual amount by twelve gives approximately $46.75 per month.
This is a budgeting calculation rather than the actual tax payment schedule.
Future Reassessment
Property taxes may change following ownership transfer, demolition, construction, or reassessment.
Multiple Parcels
Buyers should confirm whether the reported tax amount covers all four included parcels.
Verification
Current tax records should be obtained from the appropriate county authority.
Understanding the $31,100 Tax-Assessed Value
The property has a reported tax-assessed value of $31,100.
Assessment Versus Asking Price
The tax-assessed value is different from the $20,000 listing price.
Not a Guaranteed Market Value
A tax assessment does not establish what a buyer should pay.
Structural Condition
The condition of the existing residence can significantly affect market value.
Land Comparables
Buyers should research comparable vacant or redevelopment properties in Warren.
Professional Valuation
An appraisal or other qualified valuation may be useful for certain transactions.
Is the $8 Per Square Foot Figure Meaningful?
The listing displays approximately $8 per square foot.
This figure is based on the reported 2,470-square-foot interior area and the $20,000 asking price.
Why It Can Be Misleading
The structure is described as being in serious disrepair.
Land Value Focus
The seller is marketing the property primarily for its land.
Better Comparison
Comparable land sales, demolition costs, and redevelopment expenses may be more useful than the residential price-per-square-foot figure.
No Guaranteed Bargain
A low calculated price per square foot does not guarantee financial value.
Potential as a Real Estate Investment
The property may interest buyers who specialize in distressed real estate or redevelopment.
Land Acquisition
The four-lot configuration may appeal to buyers seeking a small development site.
New Residential Construction
A replacement home could be considered if local regulations permit.
Garage Retention
The detached garage may have value if it can be safely retained.
Long-Term Holding
Some buyers may consider holding the land for future use.
Investment Risk
Demolition, permitting, financing, taxes, and construction expenses can substantially affect profitability.
Could the Four Lots Support Multiple Homes?
The listing includes four parcels, but that does not establish four separate building opportunities.
Zoning Requirements
Minimum lot size, frontage, setbacks, and other standards may limit construction.
Parcel Consolidation
The parcels may need to remain combined for certain uses.
Subdivision Rules
Any changes to parcel boundaries may require approval.
Utility Access
Each proposed building site may need independent utility connections.
Planning Department Review
Buyers should consult the appropriate local planning and zoning authorities before assuming multiple homes can be constructed.
Construction Financing and Development Costs
A redevelopment project may require financing beyond the initial land purchase.
Construction Loans
Certain lenders offer financing for eligible new residential construction.
Land Equity
The value of owned land may be considered in some financing arrangements.
Contractor Requirements
Lenders may require licensed contractors, plans, permits, and construction budgets.
Appraisal
The completed property’s projected value may affect financing.
Interest and Fees
Loan costs depend on lender requirements and market conditions.
Financing Is Not Guaranteed
The listing does not establish eligibility for any particular loan product.
Property Insurance and Liability Considerations
Insurance can be complicated when a property contains a deteriorated structure.
Vacant Property Coverage
Standard homeowners insurance may not be appropriate for an unoccupied or unsafe building.
Liability Exposure
Owners may face risks associated with unauthorized entry, structural hazards, or accidents.
Garage Coverage
A detached garage may require appropriate insurance protection.
Demolition Period
Coverage needs may change during demolition or construction.
Builder’s Risk Insurance
New construction projects may require specialized coverage.
Professional Advice
Buyers should speak with an insurance professional before closing.
Estimating the Total Project Budget
A $20,000 purchase price is only the starting point.
Potential Expenses
- Purchase price
- Closing costs
- Title examination
- Survey
- Structural inspection
- Environmental assessment
- Demolition permits
- Demolition contractor
- Debris removal
- Utility disconnection or reconnection
- Site grading
- Foundation work
- Architectural plans
- Building permits
- Construction materials
- Labor
- Insurance
- Property taxes
- Landscaping
- Contingency reserve
Hidden Costs
Older structures may contain hazardous materials or other conditions requiring specialized handling.
Budget Contingency
Unexpected site conditions can increase project costs.
Feasibility Analysis
Buyers should compare the complete projected investment with realistic property values after redevelopment.
Important Questions Before Purchasing
Prospective buyers should investigate the following:
- Is the $20,000 asking price still current?
- What does third-party approval involve?
- What is the expected approval timeline?
- Are all four parcels included in the sale?
- Is the combined acreage exactly 0.3 acres?
- Is a current survey available?
- Are there any liens or title issues?
- What is the property’s current zoning?
- Can the existing residence legally be renovated?
- Has the structure been declared unsafe?
- Are there demolition orders or code violations?
- What is the condition of the foundation?
- Is demolition likely to be required?
- Are hazardous materials present?
- Is the detached garage structurally sound?
- Can the garage legally remain after demolition of the house?
- Are water connections active?
- Is the public sewer connection functional?
- Is natural gas service available and usable?
- Is the electrical service active?
- Are utility reconnection fees required?
- Does each parcel have legal access?
- Can the lots be developed separately?
- Are there minimum building-size requirements?
- What setbacks apply?
- Are there any recorded deed restrictions?
- What are the current taxes for all parcels?
- Is vacant-property insurance available?
- What are the estimated demolition and construction costs?
- What is the realistic value of the property after redevelopment?
These questions can help buyers evaluate the actual costs and legal possibilities before committing to a purchase.
Frequently Asked Questions
Where is the property located?
The property is located at 2755 Harvey Avenue SE, Warren, OH 44484.
What is the asking price?
The listing advertises the property for $20,000.
How much land is included?
Approximately 0.3 acres.
How many lots are included?
Four parcels are listed as included.
Is the home move-in ready?
No. The listing explicitly describes the residence as being in structural disrepair.
How many bedrooms and bathrooms are reported?
Three bedrooms and one full bathroom.
What is the reported interior size?
Approximately 2,470 square feet, although the existing structure is not presented as habitable.
When was the home built?
The listing reports 1940.
Is there a garage?
Yes. A detached two-car garage is reported.
Does the property have public water and sewer?
Yes, according to the structured listing.
Are utilities already connected?
The advertisement references existing utility tie-ins, but their current condition and usability are not established.
Is there an HOA?
No HOA is reported.
Can the buyer use a mortgage?
The listing specifies cash terms. Buyers should not assume conventional mortgage financing is available.
What does third-party approval mean?
The transaction requires an approval that is not explained in the supplied listing. Buyers should obtain clarification from the agent.
Could a new home be built on the land?
Potentially, but only if zoning, site conditions, utility requirements, and necessary approvals permit construction.
What are the annual property taxes?
The listing reports approximately $561, subject to verification.
Final Thoughts: A $20,000 Ohio Property Best Evaluated for Its Land
The property at 2755 Harvey Avenue SE in Warren, Ohio, presents an unusual opportunity for buyers interested in lower-priced land and potential redevelopment.
The listing includes four combined parcels totaling approximately 0.3 acres, a large detached garage, and an existing ranch-style residence built in 1940.
Although the home is listed with three bedrooms, one bathroom, and approximately 2,470 square feet, the seller makes clear that the building is in structural disrepair.
The property should therefore be evaluated primarily for its land, existing infrastructure, and possible future uses rather than as an affordable move-in-ready house.
The reported utility tie-ins and detached garage may be relevant to redevelopment planning, but both require professional verification.
The four-lot configuration and street frontage could offer flexibility, subject to zoning, surveys, and legal restrictions.
At the same time, buyers must account for cash purchase terms, third-party approval, demolition or rehabilitation costs, insurance, and potential construction expenses.
For an experienced investor, builder, or buyer prepared to undertake extensive due diligence, this listing may be worth investigating.
The most important step is to establish what can legally and safely be done with the property before committing funds.
Final Property Summary
Address: 2755 Harvey Avenue SE, Warren, OH 44484
Subdivision: Republic Heights
Listing Price: $20,000
Property Type: Single-Family Residence / Land-Oriented Offering
Architectural Style: Ranch
Year Built: 1940
Reported Interior Area: 2,470 Square Feet
Bedrooms: 3
Bathrooms: 1 Full Bathroom
Stories: 1
Lot Size: Approximately 0.3 Acres
Included Parcels: Four
Primary Parcel: 28076804
Additional Parcels: 28076801, 28076802, 28076803
Condition: Serious Structural Disrepair
Seller’s Emphasis: Land Value and Potential Redevelopment
Garage: Detached, 2-Car
Garage Foundation: Cement Base Reported
Exterior: Vinyl Siding
Roof: Asphalt / Fiberglass
Heating: None Reported
Cooling: None Reported
Basement: None
Water: Public
Sewer: Public
Additional Utility Tie-Ins: Gas and Electricity Referenced
HOA: None Reported
Annual Property Taxes: Approximately $561
Tax-Assessed Value: $31,100
Listing Terms: Cash
Special Condition: Third-Party Approval
Date Listed: November 3, 2026
Listing Agent: Troy V Polis
Brokerage: Brokers Realty Group
MLS Number: 5258256
Disclaimer: This article is based on the supplied real estate listing and is intended for informational purposes only. The property is advertised for $20,000, but the existing residence is described as being in structural disrepair and should not be assumed safe or habitable. The seller markets the property primarily for its land, and the presence of four parcels does not guarantee that each parcel is independently buildable. The transaction is subject to third-party approval and specifies cash purchase terms. Buyers should independently verify current availability, asking price, title status, parcel boundaries, zoning, building restrictions, utility connections, code violations, structural condition, demolition requirements, environmental hazards, taxes, insurance eligibility, and redevelopment costs. No future development approval, rental income, investment return, or property appreciation is guaranteed. Prospective buyers should consult qualified real estate, legal, construction, engineering, insurance, and financial professionals before making a purchase decision.
Listed on Zillow.
