Multifamily

Lancaster, WI Multifamily Properties for Sale

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Downtown Mixed-Use Building
Updated: Aug 31
Downtown Mixed-Use Building

217 W Cherry St, Lancaster, WI 53813

$184,000
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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Mixed-Use Building with Storefront
Updated: Jul 15
Mixed-Use Building with Storefront

217 W Cherry St, Lancaster, WI 53813

$184,000
0.06 AC lot
Three‑unit brick building with a commercial space and two upper‑level residences
Vacant ground‑floor suite includes a full bath, office, storage area, and display windows
Upper residences include a one‑bedroom unit and an efficiency
Full basement provides storage; appliances are included
Updates include furnace, plumbing, electrical systems, and flooring
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Duplex with Carriage House
Duplex with Carriage House

445 W Maple Street, Lancaster, WI 53813

$450,000
0.37 AC lot

A renovated kitchen, built-in white oak shelving, and recent mechanical updates add practical features to the property.

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See hot listings in Lancaster

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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

100 N Madison, Lancaster, WI 53813

$1,800,000
31,980 sqft

Commercial suites occupy the ground level, with residential units above.

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Three-Unit Mixed-Use Building
Three-Unit Mixed-Use Building

217 W Cherry St, Lancaster, WI 53813

$184,000
3,200 sqft

A vacant ground-floor commercial suite sits beneath two upper-level residential units in a brick building.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 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

85 W Main Street, Platteville, WI 53818

$495,000
12,220 sqft 0.11 AC lot

Commercial spaces, apartments, storage, and updated building systems occupy a three-level property in Platteville’s downtown setting.

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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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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 5 multifamily properties for sale in Lancaster, WI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 38,380 square feet of properties for sale, with an estimated market value of $2,802,000.

Sale prices for multifamily properties in Lancaster, WI start at $184,000, averaging $560,400, and reaching up to $1,800,000 — 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

Apartment buildings 1
Duplexes 1

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 $655.5K

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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