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Three-Unit Multifamily Property
For Sale
$275,000

143 Union Street, Lancaster, OH 43130

Two-unit main residence plus a separate bungalow create a flexible multifamily configuration.

Property SizeContact for details
Days on Market74

Property Features for 143 Union Street

General Information

Standard status Active
Property subtype Duplex

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $2,946

Amenities

fireplace

Building Details

Year Built 1900
Buildings 2
Construction colonial-style
Listing Agency: EXP Realty, LLC
Listed By: Ryan J Ruehle · License #2003013260
Source: Camtaylor
Added: Jun 12 Changed: Aug 11 Last Checked: Aug 24 at 1:24PM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

This multifamily property contains three separate units across more than 3,200 square feet of total living space. The 2,716-square-foot colonial-style main home is divided into two units. One unit includes a living room with a fireplace, hardwood flooring through the living, dining, and kitchen areas, two bedrooms, and a full bathroom. The second unit has two bedrooms, a living room, dining room, kitchen, and flex space suitable for use as an office, playroom, or additional bedroom.

A separate 540-square-foot bungalow adds a third unit with a kitchen, living room, and bedroom. Built in 1900, the property is located at 143 Union Street in Lancaster, Ohio, providing a multi-unit layout with distinct living spaces across the main home and detached bungalow.

Key Highlights

  • Three separate residential units
  • More than 3,200 square feet of total living space
  • 2,716‑square‑foot main home configured as two units

Property Analytics

Current Use

Multifamily properties

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

3
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

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?
Multifamily property - Two-unit main residence plus a separate bungalow create a flexible multifamily configuration.
Where is this multifamily property located?
The property is located at 143 Union Street Lancaster, OH.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Three separate residential units; More than 3,200 square feet of total living space; 2,716‑square‑foot main home configured as two units
More about this property
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