Lancaster, OH Multifamily Properties for Sale

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Updated: Mar 20

Rebuilt Duplex with Modern Amenities

308-310 Reber Avenue, Lancaster, OH 43130

$299,000

1,600 sqft

Complete renovation down to the foundation with new electric, plumbing, insulation, drywall, windows, siding, and roof.
Two separate units offering potential for rental income or multi‑generational living.
Off‑street parking for both units.
Unit 308 features 1600 sq. ft., 3 bedrooms (including a finished 3rd floor), and 1.5 baths.
First‑floor laundry in both units.

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This listing looks promising.

Here's a quick look at some key insights for

308-310 Reber Avenue, Lancaster, OH 43130

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Est. Cap Rate

5.2%
NOI ÷ price
Est. NOI

$16K
Annual
Price @ 7% Cap

$223K
Suggested

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Updated: Jun 15

Duplex with Basement and 2-Car Garage

604-606 N Roosevelt Avenue, Lancaster, OH 43130

$189,888

0.12 AC lot

Duplex with full basement and a 2‑car garage divided for tenant use
Unit 606: 2 bed/1 bath, currently rents for $725/month; long‑term tenant of 7 years
Unit 604: 2 bed/1 bath, vacant and move‑in ready with remodeled kitchen and updated bathroom
Recent updates: roof shingles plus garage doors in 2026; hot water tank replaced in 2026 (Unit 606) and in 2023 (other noted hot water tank)
Unit 604 appliances and amenities (installed 2026): new refrigerator, dishwasher, microwave; washer and dryer included

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Three-Unit Residential Income Property

143 Union Street, Lancaster, OH 43130

$290,000

0.22 AC lot

Three separate residential units offer flexible living arrangements and rental income potential in Lancaster.

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Updated Duplex with 2-Car Garage

604-606 North Roosevelt Avenue, Lancaster, OH 43130

$189,888

2,145 sqft

Two-unit duplex with a full basement and 2-car garage, featuring 2026 upgrades and a move-in-ready vacant unit.

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Duplex with Off-Street Parking

604 W Wheeling Street, Lancaster, OH 43130

$77,000

0.08 AC lot

Duplex with two units: upper two-bedroom and lower one-bedroom, with off-street parking and a fenced yard.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Lancaster, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Spacious Duplex with Attached Garage

6474 Birchview Drive N, Reynoldsburg, OH 43068

$330,000

0.29 AC lot

Duplex with basement and attached one-car garage, featuring a refreshed exterior and two separate living units.

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Hocking Hills Land with STR

33323 Lynch Drive, Logan, OH 43138

$178,000

4.38 AC lot

Income-producing land in Hocking Hills with existing Airstream STR.

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Spacious Duplex with Garage

6474 Birchview Drive North, Reynoldsburg, OH 43068

$330,000

2,384 sqft

2,384 sq ft duplex with recent updates and garage.

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Six-Unit Two-Building Property

Logan, OH 43138

$599,900

5.75 AC lot

Two-building multifamily setup offers six independent units with private entrances and outdoor decks.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Land in Mount Gilead

7326 State Route 19, Unit 6, Lots 90,91,92, Mount Gilead, OH 43338

Contact for pricing

0.40 AC lot

Land for sale with lake amenities in Mount Gilead.

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Residential Land in Mount Gilead

7326 State Route 19, Mount Gilead, OH 43338

Contact for pricing

0.40 AC lot

Land available in Mount Gilead with lake amenities.

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Versatile Charleston Property For Sale

100 Sand Hill Mobile, Charleston, WV 25312

$1,500,000

9.59 AC lot

9.59 acre property with multiple residential options and development potential.

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Surveyed Hunting and Development Land

400 Keith Whitley Blvd., Sandy Hook, KY 41171

$199,900

75.00 AC lot

Approximately 75 surveyed acres offering a mix of city-limit and outside-city development flexibility.

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Off-Market Properties in Lancaster, OH

Consider similar Off-Market properties in Lancaster, OH. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.