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Renovation-Needed Duplex

330 Park Street Lancaster, OH 43130

330 Park Street, Lancaster, OH, 43130
$165,000
For Sale
$165,000

Two-unit duplex requires significant renovation to realize projected gross rental income of about $2,000+ per month.

Property Size1,776 SF
Price / SF$92.91
Days on Market358

Property Features for 330 Park Street

General Information

Standard status
Active
Size
1,776 SF
Property subtype
Multi-Family / Duplex

Building Details

Year Built
1900
Listing agency BARTLETT BENNER REALTY
Listed by Keith Dwyer · License #2021004232
Source Compass
Added: Jul 29, 2025 Updated: Jul 21 at 7:53AM Checked: Jul 21 at 7:53AM

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 BARTLETT BENNER REALTY


Investment Insights

Based on property information with market context.

This duplex features two units under one roof and is positioned as a value-add opportunity, but it does require significant renovation. The property is not presented as turnkey, and the upside is tied to completing the needed work to improve income performance. The provided projection indicates approximately $2,000+ per month in gross rental income following proper rehab.

Situated close to shopping, schools, restaurants, and main travel routes, the location is described as one that tenants consistently want—an element intended to support long-term occupancy and rental stability.

For investors or owner-operators looking for a residential income property with two units in a single building and a renovation scope, this is a repositioning play built around completing the improvements the property needs.

Key Highlights

  • Two‑unit duplex in Lancaster requiring significant renovation
  • Projected gross rental income of approximately $2,000+ per month with proper rehab
  • Central air cooling (cooling system present)

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Hair Salon Hotel & Motel Electrical Service Daycare Center Storage Facility (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit duplex requires significant renovation to realize projected gross rental income of about $2,000+ per month.
Where is this duplex located?
The property is located at 330 Park Street Lancaster, OH.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Two‑unit duplex in Lancaster requiring significant renovation; Projected gross rental income of approximately $2,000+ per month with proper rehab; Central air cooling (cooling system present)
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