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Two-Unit Duplex with Updated Interior
For Sale
Under Contract
$226,000

128 Union Street, Lancaster, OH 43130

Multi-Family, Lancaster, OH

Property SizeContact for details
Lot Size0.17 Acres
Days on Market10

Property Features for 128 Union Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Elementary school district LANCASTER CSD 2305 FAI CO.
Middle school district LANCASTER CSD 2305 FAI CO.
High school district LANCASTER CSD 2305 FAI CO.
Standard status Active Under Contract
APN 0532038900
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6545

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Building Details

Year built 1900
Number of units 2
Listing Agency: Rock House Realty LLC
Listed By: Elizabeth Genevieve Wills
Added: Sep 27 Changed: Oct 2 Last Checked: Oct 6 at 12:06AM
MLS# 226036821

Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Lancaster duplex contains two residences, each configured with 2 bedrooms and 1 bathroom. The upper unit is occupied, while the lower unit is vacant and has received fresh paint, vinyl plank flooring, carpet, and new appliances. Forced-air heating serves the property, which was built in 1900 and sits on a 0.17-acre lot.

Located at 128 Union Street, the property has public water and public sewer service.

Key Highlights

  • Two residences, each with 2 bedrooms and 1 bathroom
  • Upper unit is tenant‑occupied; lower unit is vacant
  • Lower residence updated with fresh paint, vinyl plank flooring, carpet, and new appliances

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,459
Businesses Nearby

Demographics for 43130, OH

62,010
Population
26,434
Households
2.3
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
164.5 sq mi
ZIP Area
377
Density / Sq Mi
$68,242
Median Household Income
$43,936
Median Earnings
$1,031
Median Rent
$215,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - An occupied upper residence and a refreshed lower unit provide distinct leasing status within the same property.
Where is this duplex located?
The property is located at 128 Union Street Lancaster, OH.
What is the asking price?
The asking price for this property is $226,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; Upper unit is tenant‑occupied; lower unit is vacant; Lower residence updated with fresh paint, vinyl plank flooring, carpet, and new appliances
More about this property
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