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246 N Pearl Avenue

Lancaster, OH 43130
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Bed 5

Bed

Bath 3

Bath

SqFt2,204

Sqft

Acres0.05

Acre(Lot)

Charming historic home with incredible upside potential located in the heart of Lancaster, just minutes from downtown amenities, restaurants, and local attractions. This spacious 5-bedroom, 2.5-bath property offers a rare combination of character, size, and value-add opportunity. Built in 1900, the home retains its timeless appeal with features such as original hardwood flooring, decorative fireplaces, pocket doors, and classic architectural details that highlight its historic charm. The layout includes a generous living and dining area, an eat-in kitchen, and multiple functional spaces--ideal for both homeowners and investors. While the property has been well maintained structurally, it does require cosmetic updates (TLC), presenting an excellent opportunity for: Investors se eking a value-add flip or BRRRR strategy Buyers looking to customize a historic home Rental investors targeting strong demand near downtown Lancaster Located in an established neighborhood with a strong sense of community, this property benefits from walkability to downtown events, schools, and daily conveniences, making it highly attractive for both resale and rental positioning. With comparable renovated homes in the area showing strong values, this property presents a compelling opportunity to unlock equity through light-to-moderate cosmetic improvements.

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Detail Ic Property Details

Property Type : Residential

Price : $218,000

AD Id : 77595163

MLS Id : 226012738

Beds : 5

Lot Size : 0.05 Acre

Living Area Size : 2,204

Year Built : 1900

County : Fairfield

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Total Baths: 3 Full Baths: 2 Half Baths: 1

    Room Information

    Has Basement: Yes Basement: Full

  • Building Information

    Year Built: 1900 Building Area Total: 2204 Private Pool: No

  • Lot Information

    Main Square Feet: 0.05 Lot Size Acres: 0.05 Lot Size Square Feet: 2178

  • Listing Price Information

    Listing Price: $218000 Original Price: $229000

  • Tax Information

    Parcel Number: 05-33016-100 Tax Year: 2025 Annual Tax: $2585

  • Parking Information

    On Street

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
266 10th Street, Lancaster, OH, 43130 $68,000 1 2 1,029 1,029 SqFt
315 15th Street, Lancaster, OH, 43130 $125,000 3 2 1,132 1,132 SqFt
3040 West Point Road, Lancaster, OH, 43130 $1,490,000 3 2 2,938 2,938 SqFt
6393 Marietta Road, Lancaster, OH, 43130 $399,900 5 3 2,466 2,466 SqFt
2339 Pumpkinvine Road, Lancaster, OH, 43130 $450,000 5 2 2,018 2,018 SqFt
6711 Lancaster New Lexi.., Lancaster, OH, 43130 $1,200,000 5 5 4,696 4,696 SqFt
5312 Cincinnati Zanesvi.., Lancaster, OH, 43130 $550,000 4 3 2,800 2,800 SqFt
3190 Chicken Coop Hill .., Lancaster, OH, 43130 $299,900 3 2 1,404 1,404 SqFt
3270 Chicken Coop Hill .., Lancaster, OH, 43130 $364,900 3 1 1,650 1,650 SqFt
5060 Wheeling Road, Lancaster, OH, 43130 $400,000 4 2 2,162 2,162 SqFt

The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Columbus REALTORS®. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Columbus REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Information deemed reliable but not guaranteed. Copyright © 2026 Columbus REALTORS®. All rights reserved.

ByOwner last updated this listing 06/15/2026 @ 07:27

MLS: 226012738 LISTED BY: Gangadhara Gumma, EXP Realty, LLC 866-212-4991 SOURCE: Columbus and Central Ohio Regional MLS

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