Preble County Homes under $200,000

Welcome to Preble County, Ohio, a hidden gem that beautifully marries small-town charm with a vibrant community spirit. Nestled in the southwestern part of the state, Preble County is known for its picturesque landscapes, friendly neighborhoods, and a rich tapestry of history that dates back to the early 1800s. With its rolling hills, lush farmland, and quaint towns, residents enjoy a serene lifestyle while still being just a short drive from larger cities like Dayton and Richmond, Indiana.

For homebuyers seeking affordability without compromising on quality, Preble County offers an impressive selection of homes priced under $200,000. Whether you’re a first-time buyer, a growing family, or looking to downsize, you’ll find a diverse range of properties that cater to your needs. From charming historic homes with character to modern single-family residences and cozy bungalows, there’s something for everyone in this welcoming county.

Living in Preble County means embracing a slower pace of life while enjoying a strong sense of community. Local parks, farmers' markets, and annual festivals create a vibrant atmosphere where neighbors become friends. The county is also home to excellent schools and recreational opportunities, making it an ideal place to raise a family or settle down.

Don’t miss your chance to discover the affordable housing options in Preble County, where your dream home awaits at a price that won’t break the bank. Explore the possibilities today and become a part of this charming community!

Newest Preble County Homes under $200,000

$120,000

2 Beds ⋅ 1 Baths ⋅ 1896267 MLS

Welcome home to this cozy two-bedroom property that offers plenty of updates and a fantastic detached garage! This home features a beautifully updated bathroom, updated kitchen, newer flooring, and several important improvements throughout. Updates include a 2019 electrical system with new wiring throughout most of the home and an updated circuit breaker panel, along with some newer plumbing, insulation, and a privacy fence. The living room also features newer flooring, giving the home a fresh and comfortable feel. And don't overlook the large detached garage! With plenty of room for storage, projects, vehicles, or your favorite hobbies, it adds great versatility to this property. Whether you're looking for your first home, downsizing, or simply want an affordable home with a great garage and numerous updates, this one is definitely worth a look!

712 Rex Lane, Eaton

$175,000

1895553 MLS

Great investment opportunity in New Paris! This two-unit multifamily property offers established rental income with one unit currently renting for $750 per month and the second unit at $850 per month, generating $1,600 in total monthly rental income and $19,200 annually. Recent updates include a new water heater, new vanity and toilet, new oven/stove, and refrigerator. Plenty of parking plus a detached two-car garage provides additional parking or storage. Convenient New Paris location with excellent income-producing potential for investors looking to add to their portfolil.

211 Pearl Street, New Paris

$175,000

3 Beds ⋅ 1 Baths ⋅ 1894536 MLS

Bring your vision to this potential 3-bedroom, 1-bath brick and cedar ranch in Lake Lakengren, ideally situated between the Main Lake and Thor and Hammer Lakes. Set on just under half an acre, the property offers a nice yard, large front porch and deck off the dining room. Inside, the spacious living room features a vaulted ceiling, while the dining room opens to the kitchen with a counter bar and pantry. Three bedrooms include a primary bedroom and adjoining bath that have been taken down to the studs and plumbed for renovation and a fresh start. Newer roof and garage door. Electric box was revamped in the last 6 months and is ran inside and out for 220 for a hot tub. With a solid layout, desirable setting and plenty of room to add equity, this is an opportunity to take the property in your own direction and create something that suits your vision. Enjoy all that Lake Lakengren has to offer, from boating and fishing to the pool, clubhouse, beach, trails and more.

32 Valhalla Drive, Lakengren

$165,000

3 Beds ⋅ 1 Baths ⋅ 1892233 MLS

Enjoy the Lake Lakengren lifestyle with this cozy home situated on a generous .43-acre corner lot, just minutes from Lake Thor and the main lake. Inside, the eat-in kitchen provides a comfortable space for meals and conversation, while the large living room offers plenty of room to relax and gather. A welcoming front porch adds classic curb appeal and a side deck provides additional outdoor living space overlooking the fenced-in yard. The spacious corner lot gives you room to enjoy the outdoors, garden, play, or simply spread out, while a storage shed provides a handy spot for lawn equipment, tools, and lake gear. Whether you're looking for a full-time home, weekend retreat, or a place to enjoy all that Lakengren has to offer, this one puts you close to the water and all the community amenities that make lake living so appealing.

132 Valhalla Drive, Lakengren

$189,900

3 Beds ⋅ 1 Baths ⋅ 1890519 MLS

Handyman special with great potential! Two homes situated on one parcel, plus a detached garage located on a separate parcel. 7393 Greenbush Rd offers 3 bedrooms and 1 full bath. 7411 Greenbush Rd offers 2 bedrooms and 1 full bath. Property totals approximately 1 acre combined both equal 1884 sq ft of living space. It's a great opportunity for an investor, rehabber, or buyer ready to create value. Sold AS-IS. Bring your tools, vision, and ideas!

7393 Greenbush Road, Gratis Twp

$190,000

3 Beds ⋅ 1 Baths ⋅ 1886668 MLS

Bring your ideas and make this Camden ranch your own! This affordable 3-bedroom, 1-bath home offers convenient one-floor living, an attached garage and an expansive backyard with room to garden, play, entertain or simply enjoy the extra outdoor space. Tucked away on a cul-de-sac street, the property offers a peaceful small-town setting while remaining within convenient reach of Eaton, Dayton, Oxford and Hamilton. Inside, the practical floor plan includes a spacious living room, eat-in kitchen and dedicated laundry area. The home needs TLC and updating, creating an opportunity for a first-time buyer, DIY enthusiast or value-minded buyer ready to add their own style and build equity. Affordable potential, a generous lot and a location worth considering. Property is being sold as-is; seller will make no repairs.

111 Jetta Drive, Camden

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