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Two-Unit Duplex Property
For Sale
$189,000

1429 W Fair Avenue, Lancaster, OH 43130

Separate front and rear homes provide a two-unit residential configuration with on-street and rear parking.

Property SizeContact for details
Days on Market14

Property Features for 1429 W Fair Avenue

General Information

Standard status Active
Property subtype Mixed Use

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,594

Amenities

basement
covered front porch
metal roof

Building Details

Year Built 1900
Buildings 2
Listing Agency: Howard HannaRealEstateServices
Listed By: Leanne Henry · License #411985
Source: Camtaylor
Added: Sep 14 Changed: Sep 24 Last Checked: Sep 26 at 11:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Howard HannaRealEstateServices

Investment Insights

Based on property information with market context.

Built in 1900, this duplex property at 1429 W Fair Avenue in Lancaster, Ohio, includes two houses arranged at the front and rear of the parcel. The front residence measures 740 square feet and offers 2 bedrooms, 1 bath, a basement, and a covered front porch. Set off the alley, the rear residence is a ranch-style home of approximately 570 sq. ft. with 2 bedrooms and 1 bath; it also has a metal roof.

Parking is available along the street and at the rear, including a concrete parking pad. Showings require 24-hour notice.

Key Highlights

  • Two houses configured as a duplex at 1429 W Fair Avenue
  • Front residence measures 740 square feet with 2 BR, 1 bath, basement, and covered front porch
  • Rear ranch residence is approximately 570 sq. ft. with 2 BR and 1 bath

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office Electrical Service HVAC Service Accounting Firm (Bike/Boat/Book/etc) Store

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

567
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
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Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Separate front and rear homes provide a two-unit residential configuration with on-street and rear parking.
Where is this duplex located?
The property is located at 1429 W Fair Avenue Lancaster, OH.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Two houses configured as a duplex at 1429 W Fair Avenue; Front residence measures 740 square feet with 2 BR, 1 bath, basement, and covered front porch; Rear ranch residence is approximately 570 sq. ft. with 2 BR and 1 bath
More about this property
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