128 Union St Lancaster, OH 43130
Lancaster AreaEstimated payment $1,512/month
About This Home
126/128 Union St, Lancaster, OH 43130. Great opportunity to add a duplex to your investment portfolio in Lancaster! This property features two spacious 2-bedroom, 1-bath units, offering flexibility for both investors and owner-occupants. The upstairs unit is currently tenant-occupied, providing immediate rental income, while the downstairs unit is vacant, recently improved, and ready for its next tenant. This setup gives a new owner the opportunity to place their own tenant and establish rental terms for the vacant unit. Or live in one unit while generating income from the other. Whether you're looking to expand your rental portfolio or get started with an owner-occupied investment property, 126/128 Union Street offers excellent income-producing potential in Lancaster. The downstairs unit is freshly painted with new vinyl plank flooring and carpet. New appliances: Two units | 2 beds & 1 bath each | Tenant-occupied upper unit | Improved & rent-ready lower unit
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 7,405 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Duplex
- Vinyl Siding
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 0532038900
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $7,000
- Gross Income $16,800
- Net Operating Income $9,800
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/28/2026 09/28/26 | For Sale | $226,000 | -- | -- |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 226036821
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Ask me questions while you tour the home.