Estimated payment $1,157/month
Total Views
1,661
--
Bed
--
Bath
1,776
Sq Ft
$106
Price per Sq Ft
About This Home
If you've been waiting on a real value-add opportunity in Lancaster, this is one worth your attention. This duplex sits in a location tenants consistently want — close to shopping, schools, restaurants, and main travel routes — which is exactly what protects long-term occupancy and rent growth. The bones are there. The location is right. What it needs now is the work. This property does require significant renovation, but that's where the margin lives. With proper rehab, the projected gross rental income is approximately $2,000+ per month, making this an excellent repositioning play for investors who understand how to create equity and lock in strong cash flow. Two units under one roof means: Diversified income Lower vacancy risk Simpler management Better long-term appreciation This is not a turnkey property — and it's not priced like one. It's a chance to step into Lancaster, improve the asset, and build real equity the way rental portfolios were built long before over-priced flips became the norm. Buy it right. Renovate it smart. Let it perform.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,201
Year Built
- Built in 1900
Lot Details
- 6,098 Sq Ft Lot
Home Design
- 1,776 Sq Ft Home
- Duplex
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 05-32080-100
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,529 | $50,380 | $5,790 | $44,590 |
| 2023 | $1,872 | $50,380 | $5,790 | $44,590 |
| 2022 | $1,883 | $50,380 | $5,790 | $44,590 |
| 2021 | $1,550 | $38,880 | $5,790 | $33,090 |
| 2020 | $1,487 | $38,880 | $5,790 | $33,090 |
| 2019 | $1,416 | $38,880 | $5,790 | $33,090 |
| 2018 | $1,272 | $30,990 | $5,790 | $25,200 |
| 2017 | $1,273 | $33,160 | $7,820 | $25,340 |
| 2016 | $1,240 | $33,160 | $7,820 | $25,340 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/13/2026 01/13/26 | For Sale | $188,000 | -- | $106 / Sq Ft |
Source: Columbus and Central Ohio Regional MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Fiduciary Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | Jarvis Law Office Pc | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $10,000 | -- |
Source: Public Records
About the Listing Agent
I’m a full-service real estate agent with Bartlett Benner Realty, serving Lancaster, Hocking Hills, and Central/Southeastern Ohio. I help buyers and sellers move with confidence, and I also manage residential and short-term rental properties—so you get real, day-to-day market insight, not guesswork. I genuinely enjoy working with everyone—from first-time homebuyers learning the ropes to investors adding properties to their portfolios. My approach blends traditional, no-nonsense service—clear
Keith's Other Listings
-
$54,000 Sold Aug 15, 2025
- 3 Beds
- 2 Baths
- 680 Sq Ft
- 2445 Columbus-Lancaster Rd NW
- Unit Lot 247
- Lancaster, OH
Source: Columbus and Central Ohio Regional MLS
MLS Number: 226001129
APN: 05-32080-100
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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