Multifamily

Lancaster, WI Multifamily Properties for Sale

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Bloomington, WI Fennimore, WI Mount Hope, WI Potosi, WI Platteville, WI Cassville, WI Livingston, WI Boscobel, WI
Downtown Mixed-Use Building
Updated: Aug 31
Downtown Mixed-Use Building

217 W Cherry St, Lancaster, WI 53813

$187,000
3,200 sqft 0.06 AC lot
3,200‑square‑foot mixed‑use building with one commercial unit and two residential units
Main‑level commercial space is vacant and includes a full bathroom, office, storage, and display windows
Upper residential units include a one‑bedroom apartment and an efficiency unit
Solid brick construction with updates to the furnace, plumbing, electrical, and flooring
Full basement for storage on a 0.06‑acre lot
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Three-Unit Mixed-Use Brick Building
Updated: Jul 15
Three-Unit Mixed-Use Brick Building

217 W Cherry St, Lancaster, WI 53813

$187,000
0.06 AC lot
Three‑unit configuration with one commercial space and two residential apartments
Ground‑floor suite includes a full bath, office, storage area, and large display windows
Upper residences include a one‑bedroom unit and an efficiency apartment
Solid brick building constructed in 1890
Updates include furnace, plumbing, electrical, and flooring work
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Historic Duplex with Carriage House
Historic Duplex with Carriage House

445 W Maple Street, Lancaster, WI 53813

$450,000
0.37 AC lot

Historic residence with an updated kitchen, original woodwork, inviting porches, and a detached carriage house.

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See what stands out in Grant County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Tenant-Occupied Duplex
Tenant-Occupied Duplex

307 North Monroe Street, Lancaster, WI 53813

$160,000
2,300 sqft

Two-unit residential property with separate apartment configurations and existing tenant occupancy near downtown Lancaster.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Lancaster, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

1155 Lincoln Avenue, Fennimore, WI 53809

$199,900
4,180 sqft 0.43 AC lot

Downtown commercial property combines an established salon space with two furnished apartments and separate tenant-paid utilities.

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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

1155 Lincoln, Fennimore, WI 53809

$199,900
4,180 sqft

Income-producing commercial and residential spaces feature separate utilities, individual HVAC systems, and dedicated tenant responsibility for usage.

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Two-Story Duplex Income Property
Two-Story Duplex Income Property

285 North Bonson Street, Platteville, WI 53818

$199,000
1,834 sqft

Well-maintained two-story duplex with two rental units, each with central air and natural gas forced-air heat.

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14-Unit Apartment Buildings
14-Unit Apartment Buildings

1020 and 1040 Fox Ridge Rd, Platteville, WI 53818

$2,500,000

Two residential buildings offer furnished kitchens, in-unit laundry, decks in select units, and dedicated parking areas.

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Lancaster, WI Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Lancaster, WI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,500 square feet of properties for sale, with an estimated market value of $984,000.

Sale prices for multifamily properties in Lancaster, WI start at $160,000, averaging $246,000, and reaching up to $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 2

Demographics Overview

Population 6,139
Population Growth (5Y) +4.3%
Median Household Income $80,946
College Educated 33.1%

High-Yield Neighborhoods for Investment

Identify Lancaster submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
53813 $285K

Taxes & Financing

Tax Rate (average for all types) 1.51%
Tax Rate vs County Average 0.42 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Grant County

New Delisted

Total CRE Inventory on Market (SF)

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