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Six-Unit Multifamily Property

302 Reber Avenue, Lancaster, OH 43130

For Sale
$399,900

Multi-Family, Lancaster, OH

Property SizeContact for details
Lot Size0.13 Acres
Days on Market38

Property Features for 302 Reber Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 7
Rooms Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 7, Bedroom 5, Bedroom 6, Bedroom 1
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
APN 05-32076-500
Lot size 0.13 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3272

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1910
Number of units 6
Buildings 2
Listing Agency: Rise Realty
Listed By: Rachel Marie Foltz · License #2023001140
Added: Oct 3 Changed: Nov 8 Last Checked: Nov 9 at 4:06AM
MLS# 226037709

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.

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Investment Insights

Based on property information with market context.

At 302 Reber Avenue in Lancaster, this 1910 multifamily property contains two dwellings with six apartments in total. The brick building has four matching one-bedroom, one-bathroom units with vinyl flooring. A separate duplex adds an upper-level one-bedroom, one-bathroom apartment and a lower-level two-bedroom, one-bathroom apartment with laundry. The parcel measures 0.13 acres.

Utilities are separately metered, and the property is served by public water and public sewer. The apartments are tenant occupied. Showings require 48 hours’ notice.

Key Highlights

  • Six apartments across two dwellings on one parcel
  • Brick building contains four one‑bedroom, one‑bathroom apartments with vinyl flooring
  • Duplex includes an upper‑level one‑bedroom, one‑bathroom unit and a lower‑level two‑bedroom, one‑bathroom unit with laundry

Property Analytics

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Lease Details

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

769
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
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Market

Average Price Trend$/SF for Multifamily properties in Lancaster, OH

$95.69 Jul
$103 Aug
$72.08 Sep
$85.82 Oct

Properties on Market for Multifamily properties in Lancaster

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Two residential buildings provide a mix of one- and two-bedroom apartments with separately metered utilities.
Where is this multifamily property located?
The property is located at 302 Reber Avenue Lancaster, OH.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Six apartments across two dwellings on one parcel; Brick building contains four one‑bedroom, one‑bathroom apartments with vinyl flooring; Duplex includes an upper‑level one‑bedroom, one‑bathroom unit and a lower‑level two‑bedroom, one‑bathroom unit with laundry
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