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Lancaster, OH Multifamily Homes & Duplexes for Sale

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  • /35

    $425,000

    • 1,808 Sq Ft

    545 E Main St, Lancaster, OH 43130

    Mixed use space in the heart of Lancaster, just off Main Street perfect for catching the eyes of customers in traffic. This property features a light-up yard sign ready to be customized for your business, 3 private offices (including one with double doors and a welcoming front window) a small kitchen, and a back deck that connects to a spacious storage garage. Upstairs, there is a studio

    Agent Photo

    Sam Cooper

    Howard Hanna Real Estate Svcs

    (220) 244-3851

    545 E Main St, Lancaster, OH 43130
  • /67

    $339,000

    • 2,904 Sq Ft

    2161 E Main St, Lancaster, OH 43130

    Excellent Investment Opportunity - Fully Rented! This well-maintained tri-plex features three separate units, each with private entrances, individual HVAC systems, appliances, and washer/dryer hookups—offering comfort, convenience, and independence for tenants. Unit 1: 3 bedrooms, 1 full bath, freshly painted interior, fenced-in yard, and a 1.5-car garage. Unit 2: 3 bedrooms, 1 full bath, and

    Agent Photo

    Sherry Looney

    Howard HannaRealEstateServices

    (220) 242-3172

    2161 E Main St, Lancaster, OH 43130
  • /42

    $99,999

    • 2,080 Sq Ft

    510 W Wheeling St, Lancaster, OH 43130

    Solid duplex investment opportunity! Each unit features two bedrooms and a full basement. This property requires significant repairs. It does, however, offers excellent potential for investors seeking rental income. Being sold as is.

    Carla Sicka e-Merge Real Estate Crossroads

    510 W Wheeling St, Lancaster, OH 43130
  • /34

    $235,000

    • 1,187 Sq Ft

    720 W Hubert Ave, Lancaster, OH 43130

    Duplex in Lancaster! This duplex features two separate units, perfect for an owner-occupant or investor looking to add to their rental portfolio. Unit 1 offers 2 bedrooms and 1 full bathroom with a spacious living area and functional layout. Unit 2 includes 1 bedroom and 1 full bathroom, making it an ideal option for steady rental income or a smaller living space. Each unit has its own private

    Dylan Knecht RE/MAX Revealty

    720 W Hubert Ave, Lancaster, OH 43130
  • /59

    $3,250,000

    226 Whittier Dr S, Lancaster, OH 43130

    Whittier Townhomes - A rare opportunity to acquire a newly constructed, fully stabilized 12-unit multifamily community with a 100% property tax abatement in place through 2041. Current annual property taxes are just $1,278, significantly boosting net operating income, as any increase in taxable improvement value is fully abated. Completed in 2024, the community features a desirable unit mix of

    Jon Lorenz Lim Realty Group

    226 Whittier Dr S, Lancaster, OH 43130

Why Live in Lancaster

Lancaster, OH, founded in 1800, is a community that blends historical charm with modern development. The city’s rich history is evident in its architecture, with homes dating back to the early 1900s, including farmhouses, craftsman bungalows, Queen Annes, and stick homes. These historic homes are often situated close to the streets, with backyards providing space for patios and additional structures. Newer developments on the outskirts feature midcentury ranch homes and new constructions with two-car garages on quarter- to half-acre lots. Lancaster’s downtown district is vibrant, offering a mix of local eateries, boutiques, and big box stores. Ale House 1890, a historic establishment, is popular for its intimate atmosphere. Shopping options include Opal & Ivory, Farmer’s Country Store, and River Valley Mall, which houses national retailers like Bath & Body Works and Old Navy. The city hosts the Fairfield County Fair in October, a weeklong event with tractor pulls, demolition derbies, live music, and carnival rides. Parks such as Rising Park offer scenic overlooks and trails, while Firehouse Park features playgrounds and picnic areas. The Fairfield Heritage Trail spans 9 miles, connecting various communities. Lancaster-Fairfield Public Transit provides local routes, but residents need to drive 31 miles to reach downtown Columbus and 27 miles to Rickenbacker International Airport. Schools in Lancaster are highly rated, with Lancaster High School featuring a planetarium and a bike path to Ohio University Lancaster, located about 2 miles from downtown.

Home Trends in Lancaster, OH

Housing Trends

Median Sale Price
$235,000
Median Single Family Sale Price
$235,000
Median Townhouse Sale Price
$200,000
Median 2 Bedroom Sale Price
$324,900
Average Price Per Sq Ft
$171
Number of Homes for Sale
62
Last 12 months Home Sales
576
Months of Supply
1.30
Median List Price
$239,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
2%
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