48 Grange St, Lexington, OH, 44904
About This Home
This beautifully updated historic home offers the perfect blend of charm, modern convenience, and income potential. Currently operating as a highly profitable short-term rental, the property features 6 bedrooms and flexible living spaces that easily accommodate large groups — or convert seamlessly into a spacious single-family residence. Located within walking distance to local shops, coffee, and dining, the home sits in the heart of a vibrant small-town setting. Guests and residents alike appreciate its proximity to top regional attractions such as Mid-Ohio Sports Car Course, Mohican State Park, popular wedding venues, and Snow Trails Ski Resort — all just a short drive away. With tasteful updates throughout while preserving its historic character, this property is truly turn-key. Whether you're looking to continue a lucrative rental business or settle into a one-of-a-kind home with room to grow, this rare opportunity checks every box.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Stone
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Range,Electric Water Heater,Microwave,Refrigerator
Basement
- Has basement: Yes
- Basement: Partial
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Window features: Insulated Windows
- Flooring: Wood
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,701
- Total interior livable area: 2,701 sqft
Property
Details
- Parcel number: 0482710004000
Features
- Levels: Two
- Patio & porch: Patio
Lot
- Lot size: 6,098 sqft
Parking
- Total spaces: 2
- Parking features: Detached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Hail
- Inland Flooding
- Ice Storm
- Lightning
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Ohio Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,098 | $25,176 |
| Home Insurance * | $204 | $2,448 |
| Property Taxes | $411 | $4,932 |
| Electricity | $289 | $3,476 |
| Total | $3,002 | $36,024 |
Income You'd Need if You Spent...
Ohio FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-27 | Listed for sale | $415,000 |
| 2024-01-16 | Sold | $226,222 |
| 2023-11-27 | Pending sale | $229,900 |
| 2023-10-05 | Price change | $229,900 |
| 2023-07-19 | Listed for sale | $249,900 |
| 2016-02-01 | Sold | $99,000 |
| 2015-10-28 | Price change | $99,900 |
| 2015-07-15 | Listed for sale | $119,500 |
| 2004-04-05 | Sold | $95,000 |
| 1996-06-12 | Sold | $61,000 |
| 1996-04-01 | Sold | $61,000 |
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