Search
Six-Unit Multifamily Property
New
For Sale
$399,900

302 Reber Ave, Lancaster, OH 43130

Two separate dwellings offer a mix of one- and two-bedroom apartments, with individual utility meters.

Property Size4,604 SF
Price / SF$86.86
Days on Market2

Property Features for 302 Reber Ave

General Information

Standard status Active
Size 4,604 SF
Property subtype Multi-Family

Units

Unit Mix 4 x 1BR/1BA, 1 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 6

Additional Details

Utilities to Site Yes

Amenities

laundry

Building Details

Year Built 1910
Buildings 2
Construction brick
Listing Agency: Samuel Roper, Td Realty Ohio, LLC
Listed By: Contact LOCAL Agent
Source: Realtyohio
Added: Oct 5 Changed: Oct 6 Last Checked: Oct 5 at 5:43PM

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 Samuel Roper, Td Realty Ohio, LLC

Investment Insights

Based on property information with market context.

Two dwellings on one parcel provide six apartments totaling 4,604 square feet. The brick building contains four matching one-bedroom, one-bath units with vinyl flooring. A second building is configured as a duplex, with a one-bedroom, one-bath apartment upstairs and a two-bedroom, one-bath apartment downstairs; the lower unit includes laundry. The property was built in 1910, and utilities are separately metered across the units.

The apartments are tenant occupied, and the property has a history of long-term renters. Showings require 24 hours’ notice.

Key Highlights

  • Six apartments across two dwellings on one parcel
  • 4,604 square feet total
  • Brick building with four one‑bedroom, one‑bath apartments

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage Daycare Center Food Market (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring 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

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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Two separate dwellings offer a mix of one- and two-bedroom apartments, with individual utility meters.
Where is this multifamily property located?
The property is located at 302 Reber Ave 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; 4,604 square feet total; Brick building with four one‑bedroom, one‑bath apartments
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again