Mixed-Use Brick Income
217 W Cherry St Lancaster, WI 53813
For Sale
$189,900
MULTI_FAMILY - Lancaster, WI
Lot Size0.06 Acres
Days on Market15
Property Features for 217 W Cherry St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
res/comm
Bedrooms
3
Bathrooms
3
Rooms
Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2
Appliances
2
Standard status
Active
APN
246-00181-0000
Lot size
0.06 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
1339
Utilities
Heating system
Forced Air
Building Details
Year built
1890
Floors in Building
2
Number of units
3
Listing Agency:
RE/MAX Preferred
(608) 393-3330
Listed By:
Scott Schroeder · License #5913790
(608) 617-2727
Added: Jul 15
Changed: Jul 29
Last Checked: Jul 29 at 5:06PM
MLS# 1995302
Copyright © 2026 REALTORS® Association of South Central Wisconsin. 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 solid brick, three-unit income property includes a main-level commercial space and two residential units on the upper level. The upper units feature hardwood floors and include one one-bedroom unit and one efficiency unit. The one-bedroom unit is occupied on a month-to-month basis, with an open concept layout that provides a kitchen area, living room, and dining area, plus a bathroom with laundry. The efficiency unit has a full bath, and all appliances are included. The building also has a full basement for storage, and the property notes numerous updates including furnace, plumbing, electrical, and flooring.
The main-level commercial space is vacant and ready for use, with a full bath, an office, a large storage area, and large display windows. The property is located in downtown Lancaster, with downtown access on W Cherry St.
Tenants are described as paying $150 per month toward utilities. The reported rents are $550 for the main-level commercial unit, $600 for the upper one-bedroom unit, and $500 for the upper efficiency unit, with a stated total of $450 per month from tenants toward utilities.
The main-level commercial space is vacant and ready for use, with a full bath, an office, a large storage area, and large display windows. The property is located in downtown Lancaster, with downtown access on W Cherry St.
Tenants are described as paying $150 per month toward utilities. The reported rents are $550 for the main-level commercial unit, $600 for the upper one-bedroom unit, and $500 for the upper efficiency unit, with a stated total of $450 per month from tenants toward utilities.
Key Highlights
- 3‑unit income property in downtown Lancaster with main‑level commercial space plus 2 residential units upstairs
- Solid brick building with numerous updates including furnace, plumbing, electrical, and flooring
- Main level commercial space is vacant and includes a full bath, an office, large storage area, and large display windows
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Downtown Lancaster brick triplex features a vacant main-level commercial space plus two upper residential units.
Where is this triplex located?
The property is located at 217 W Cherry St Lancaster, WI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: 3‑unit income property in downtown Lancaster with main‑level commercial space plus 2 residential units upstairs; Solid brick building with numerous updates including furnace, plumbing, electrical, and flooring; Main level commercial space is vacant and includes a full bath, an office, large storage area, and large display windows
