2660 Lisbon St, East Liverpool, OH: A $45,000 3-Bedroom Ranch With Investor Potential

Finding a single-family property priced below $50,000 can be difficult in many parts of the country, particularly when the property offers three bedrooms, more than 1,300 square feet, a detached two-car garage, and a lot larger than a typical city parcel.

At 2660 Lisbon St, East Liverpool, OH 43920, buyers are looking at a property listed for just $45,000.

This 3-bedroom, 1-bath ranch-style home contains approximately 1,392 square feet of living space and sits on about 0.34 acres. According to the listing, the property has previously been used as a rental and is being marketed as an opportunity for investors, flippers, or buyers who want to renovate a home according to their own plans.

The house isn’t being presented as a completely finished, move-in-ready property. Instead, its appeal comes from its combination of a low asking price, existing updates, substantial lot, garage space, and potential for additional improvements.

The listing highlights updated LVP flooring, rustic wood accents, a large bathroom with double vanity, several mechanical and interior updates, a covered front porch, side deck, detached two-car garage, and a generous side yard.

For a buyer willing to take on some renovation work, 2660 Lisbon St could provide an interesting starting point.

Property Overview

2660 Lisbon St is a single-family ranch located in East Liverpool, Ohio.

The home was built in 1930, giving it an older construction profile while maintaining the convenience of a single-level floor plan.

The supplied listing information includes:

• Asking price: $45,000
• Address: 2660 Lisbon St, East Liverpool, OH 43920
• Bedrooms: 3
• Bathrooms: 1 full bathroom
• Living area: 1,392 square feet
• Year built: 1930
• Property type: Single-family residence
• Architectural style: Ranch
• Lot size: 0.34 acres
• Price per square foot: Approximately $32
• Garage: Detached, 2 spaces
• Heating: Forced air
• Cooling: None
• Basement: Full, with exterior entry
• Laundry: Main level
• Water: Well
• Sewer: Septic tank
• HOA: None
• Annual property taxes: Approximately $1,051
• Tax assessed value: $79,700
• Listing terms: Cash and conventional
• MLS: 5222954

The property had been on Zillow for approximately 79 days according to the supplied information.

A Three-Bedroom Ranch for $45,000

The $45,000 asking price is one of the first things that makes this property stand out.

The house offers three bedrooms and one full bathroom across approximately 1,392 square feet.

That creates a fairly straightforward residential layout for someone looking for a primary residence, rental property, or renovation project.

Because the home is a ranch, all of the listed bedrooms and the bathroom are on the main level.

Single-story living can be attractive to a wide range of buyers because it eliminates the need to use stairs for everyday activities.

For an investor, a three-bedroom configuration can also potentially broaden the pool of prospective tenants compared with a smaller one- or two-bedroom property, although local rental demand and achievable rents would need to be researched independently.

The Property Has Previously Been a Rental

The listing describes the property as having previously served as a rental.

That information may be useful to investors because the property’s layout has already been used in an income-producing context.

However, buyers should not assume that previous rental use guarantees future rental performance.

Anyone evaluating the property as an investment should investigate:

• Local rental rates
• Vacancy levels
• Comparable rental properties
• Property management costs
• Insurance
• Taxes
• Maintenance
• Utility responsibilities
• Expected renovation expenses
• Potential rent after renovation

A local rental-market analysis would be necessary to determine whether the property makes financial sense as an income-producing asset.

Updated LVP Flooring

One of the interior improvements specifically mentioned in the listing is updated LVP flooring.

Luxury vinyl plank flooring is commonly used in rental and renovation projects because it can provide a durable, relatively low-maintenance surface.

The updated flooring can also help reduce the amount of work required compared with a property that needs complete flooring replacement.

The condition and installation quality should still be checked during inspection.

Rustic Wood Accents

The home features rustic wood accents, adding character to the interior.

These elements can work particularly well in an older ranch-style home because they create a warmer, more informal aesthetic.

A future renovation could either retain these features or incorporate them into a more modern design.

For buyers interested in flipping the property, the existing character could potentially provide a foundation for a relatively straightforward cosmetic renovation.

Spacious Living Area

The listing describes the home as having a spacious living area.

With nearly 1,400 square feet of total living space and a single-level layout, the property provides a reasonable amount of room for a three-bedroom home.

The living area could serve as the central gathering space for a family or be configured as part of an updated open-concept design if the structure and layout permit such changes.

Potential buyers should remember that major wall removal or structural modifications should never be assumed to be possible without professional evaluation.

Large Bathroom With Double Vanity

The bathroom is another feature specifically highlighted in the listing.

It is described as a large bathroom with a double vanity.

A double vanity can be particularly useful in a three-bedroom home because it provides additional storage and simultaneous sink space.

For an investor or flipper, having a relatively spacious bathroom can also provide opportunities for cosmetic improvements such as updated lighting, mirrors, fixtures, tile, paint, and storage.

Main-Level Laundry

Laundry is located on the main level.

This is a practical feature that can make everyday living more convenient.

For rental properties, main-level laundry can also be attractive to prospective tenants because it eliminates the need to carry laundry between floors.

The exact location and condition of the laundry hookups should be verified during inspection.

Full Basement With Exterior Entry

Although the listing reports no finished basement living area, the property does have a full basement with exterior entry.

This creates potentially useful additional space for storage, mechanical equipment, workshop activities, or other purposes that comply with local regulations.

A basement can be an important asset in a property at this price point.

However, buyers should inspect it carefully for:

• Water intrusion
• Moisture
• Foundation issues
• Drainage problems
• Mold
• Cracks
• Electrical condition
• Plumbing condition
• Insulation
• Structural concerns

An exterior basement entrance can also provide convenient access for maintenance and storage.

Detached Two-Car Garage

One of the property’s strongest practical features is the detached two-car garage.

The listing indicates two garage spaces, along with driveway parking.

For a $45,000 property, having a separate two-car garage can be significant.

The garage could provide:

• Vehicle storage
• Workshop space
• Tool storage
• Equipment storage
• Hobby space
• Additional covered storage

Its actual condition should be evaluated, including the roof, foundation, doors, electrical system, siding, and overall structure.

Covered Front Porch

The home features a covered front porch.

Porches can add both curb appeal and functional outdoor space.

A covered porch can provide a sheltered area for seating, seasonal decorations, or simply enjoying the outdoors.

For an older home originally constructed in 1930, the porch also fits naturally with the property’s traditional residential character.

Side Deck

In addition to the front porch, the property has a side deck.

Having both front and side outdoor areas gives the property multiple spaces for outdoor use.

A buyer should inspect the deck for structural integrity, especially the support posts, joists, railings, stairs, and attachment points.

Deck maintenance can be particularly important for an older property.

Generous Side Yard

The listing highlights a generous side yard.

The entire parcel measures approximately 0.34 acres, which provides considerably more outdoor space than many compact residential lots.

Depending on local zoning and setback requirements, the additional land could potentially provide room for landscaping, recreation, gardening, storage, or other permitted improvements.

The listing also mentions the possibility of expanding the property, but any specific addition or construction project would need to be evaluated under local regulations.

Chain-Link and Partial Fencing

The property includes chain-link and partial fencing.

Fencing can be useful for households with pets, children, gardening plans, or outdoor activities.

The condition of the fencing should be evaluated, particularly where it meets the property boundaries.

Buyers should also confirm the actual parcel lines through appropriate records or a survey if boundary accuracy is important.

Heating and Cooling

The home uses forced-air heating.

The listing does not identify a conventional cooling system and reports no cooling.

This is an important consideration for buyers who expect central air conditioning.

The condition and age of the heating system should be established through inspection, and prospective buyers should determine whether adding cooling would be practical and affordable.

Because HVAC equipment can represent a substantial replacement expense, understanding its remaining useful life is particularly important when purchasing a low-priced property.

Well Water and Septic System

Unlike properties connected to municipal infrastructure, 2660 Lisbon St uses a private well and septic tank.

Private utilities are common in many rural and semi-rural areas, but they require ownership and maintenance responsibilities that buyers should understand.

Before purchasing, it would be wise to arrange professional evaluations of both systems.

For the well, buyers may want to investigate:

• Water quality
• Well production
• Pump condition
• Well depth
• Maintenance history
• Water pressure

For the septic system, buyers should investigate:

• Tank location
• Tank capacity
• Pumping history
• Drain field condition
• Inspection results
• Applicable local requirements

The seller or listing agent may have additional records available.

No HOA

The property has no homeowners association.

That means there is no listed monthly HOA fee and no HOA governing the property.

For an investor or homeowner, this can simplify ownership costs and eliminate certain association restrictions.

Of course, local zoning, building regulations, deed restrictions, and other legal requirements can still apply.

The $45,000 Price Per Square Foot

At $45,000 and approximately 1,392 square feet, the property is listed at roughly $32 per square foot.

That is an unusually low headline figure.

However, the low price should be considered in the context of the property’s condition and renovation potential.

The listing itself describes the home as an investor opportunity with room to add value.

The purchase price may be attractive, but the buyer should establish a realistic renovation budget before determining whether the property is genuinely economical.

Renovation Potential

A property that has already received some updates can be appealing to investors because it may not require a complete gut renovation.

The listing identifies several completed improvements, including updated LVP flooring and other mechanical and interior updates.

The next phase could potentially focus on:

• Paint
• Lighting
• Kitchen improvements
• Bathroom improvements
• Exterior maintenance
• Deck and porch maintenance
• Landscaping
• HVAC improvements
• Basement cleanup
• Garage improvements
• General cosmetic upgrades

The exact renovation scope should be determined after a professional inspection.

Potential as a Flip

The property could appeal to a buyer considering a traditional fix-and-flip strategy.

The basic ingredients are present: a low acquisition price, three bedrooms, a relatively substantial interior footprint, outdoor space, and a detached two-car garage.

However, profitability would depend on the eventual resale value and the total cost of acquisition and renovation.

An investor should calculate:

Purchase price + closing costs + renovation + holding costs + financing + selling costs = total investment

That figure should then be compared with realistic comparable sales in the local market.

Without that analysis, the $45,000 purchase price alone does not establish whether the property would be profitable as a flip.

Potential as a Rental

The property’s previous rental history also makes a buy-and-hold strategy worth investigating.

A three-bedroom ranch can potentially appeal to families, couples needing extra rooms, or tenants looking for a single-level home.

The detached garage may provide another advantage.

However, rental investors should conduct their own local market research before making assumptions about rent.

Important considerations include current rental rates, tenant demand, neighborhood conditions, vacancy rates, property management, insurance, taxes, maintenance, and expected capital expenditures.

Potential as an Owner-Occupied Home

Not every buyer interested in this property would necessarily be an investor.

At $45,000, it could also attract an owner-occupant looking for an affordable home with enough space for a family.

The three-bedroom layout, one-level design, full basement, detached garage, porch, deck, and relatively large lot give the property several features that can be difficult to find at a low purchase price.

The buyer would need to be comfortable with the home’s existing condition and any renovations required.

East Liverpool Location

The property is located in East Liverpool, Ohio, in Columbiana County.

East Liverpool has a long industrial and river-community history and offers buyers a different real-estate environment from larger Ohio metropolitan markets.

For anyone considering the property as an investment, local conditions should be studied carefully.

Neighborhood-level factors can have a major influence on both resale values and rental demand.

Rather than relying on broad citywide statistics, investors should compare the property with nearby three-bedroom homes of similar size, condition, lot size, and garage configuration.

Tax Considerations

The listing reports a tax-assessed value of $79,700 and annual property taxes of approximately $1,051.

The assessed value should not be confused with the property’s market value.

Property taxes can also change, so buyers should verify the current tax bill and determine whether any reassessment may occur after purchase.

For an investor, annual taxes should be included in the property’s operating budget.

Listing History

The property entered the market on June 28, 2026, according to the supplied listing data.

It had accumulated approximately 79 cumulative days on market and had been viewed about 705 times on Zillow, with 27 saves.

The listing was updated on July 16, 2026.

These figures provide context about the property’s online exposure but should not be interpreted as a guarantee regarding how quickly it will sell or what price it will ultimately command.

What Buyers Should Inspect

A $45,000 property deserves just as much due diligence as a much more expensive home.

In some cases, inexpensive houses require even more careful inspection because deferred maintenance can significantly affect the total investment.

A buyer should consider professional evaluation of:

Foundation

The house dates to 1930, so the foundation should be carefully examined, especially around the full basement.

Roof

The roof is listed as asphalt/fiberglass. Its age and remaining useful life should be determined.

HVAC

The forced-air heating system should be tested and evaluated.

Electrical

Older properties may have electrical components that need updating.

Plumbing

The condition of the water supply and drain lines should be investigated.

Well

A professional well inspection and water-quality test can help establish the condition of the private water system.

Septic

The septic tank and associated system should be inspected and, where appropriate, pumped.

Garage

The detached two-car garage should be evaluated for structural and electrical issues.

Deck and Porch

The exterior structures should be checked for rot, deterioration, and safety issues.

Basement

Moisture and water intrusion should receive particular attention.

What Makes This Property Interesting

Several features combine to make 2660 Lisbon St an unusual low-price opportunity.

The property offers:

• A $45,000 asking price
• Three bedrooms
• One full bathroom
• 1,392 square feet
• A single-level ranch layout
• Approximately 0.34 acres
• A full basement
• A detached two-car garage
• A covered front porch
• A side deck
• A generous side yard
• Updated LVP flooring
• Rustic wood accents
• A large bathroom with double vanity
• Main-level laundry
• No HOA

For an investor, the combination of purchase price and existing features could justify further investigation.

For an owner-occupant, the property could provide an affordable starting point for creating a personalized home.

Final Thoughts

2660 Lisbon St in East Liverpool, Ohio, is a $45,000 three-bedroom ranch offering a combination of space, land, garage capacity, and renovation potential that deserves a closer look.

The approximately 1,392-square-foot home was built in 1930 and sits on roughly 0.34 acres. It features three main-level bedrooms, one full bathroom, a full basement with exterior entry, forced-air heating, main-level laundry, a covered front porch, side deck, and a detached two-car garage.

The property also already has some improvements, including updated LVP flooring, rustic wood accents, a large bathroom with double vanity, and several mechanical and interior updates.

For investors, the home’s previous use as a rental could make it worth analyzing as a potential income-producing property. For flippers, the low purchase price and existing improvements may provide a foundation for a renovation strategy. And for an owner-occupant, the three-bedroom layout and substantial outdoor space offer room to create a personalized home.

But the $45,000 price should not be the only number that matters.

The property uses a private well and septic system, has no cooling, and is an older home with a full basement and detached garage. A professional inspection should establish the condition of the major systems before a buyer determines the true cost of ownership.

The best way to evaluate the opportunity is to calculate the complete project cost—including purchase, closing expenses, repairs, renovation, taxes, insurance, utilities, and future maintenance.

At the right renovation budget, 2660 Lisbon St could provide an interesting combination of affordability and potential. Its three-bedroom layout, detached two-car garage, generous side yard, and existing updates give the property several useful characteristics, while its low asking price creates room for a buyer to consider different ownership strategies.

For someone searching for an inexpensive Ohio property with space to renovate, a large garage, and multiple possibilities for adding value, this East Liverpool ranch stands out as a property worth investigating carefully.

 

From Zillow