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    Lancaster, WI
    Residential Income

    Lancaster, WI Residential Income Properties for Sale

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    Downtown Mixed-Use Triplex
    Updated: Jul 15
    Downtown Mixed-Use Triplex

    217 W Cherry St, Lancaster, WI 53813

    $189,900
    0.06 AC lot
    3‑unit income property in downtown Lancaster with main‑level commercial space plus 2 residential units upstairs
    Solid brick building with numerous updates including furnace, plumbing, electrical, and flooring
    Main level commercial space is vacant and includes a full bath, an office, large storage area, and large display windows
    Upper units include a 1‑bedroom unit (occupied, month‑to‑month) and a separate efficiency unit, both with full baths
    Forced‑air heating; full basement provides additional storage
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    Downtown Mixed-Use Income Property
    Updated: Feb 16, 2025
    Downtown Mixed-Use Income Property

    217 West Cherry Street, Lancaster, WI 53813

    $225,000
    2,300 sqft
    Brick 3‑unit income property with commercial space on the main level and 2 residential units upstairs
    Main‑level commercial space is vacant and includes a full bath, office, and large storage area
    Upper units include a 1‑bed unit currently occupied and an efficiency unit currently vacant
    Interior includes wood floors in the residential areas; basement is full with sump pump and provides storage
    Heating is forced air with natural gas; updates referenced include furnace, plumbing, electrical, and flooring
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    Golf Course Duplex with Patio
    Golf Course Duplex with Patio

    337 Alona Lane, Lancaster, WI 53813

    Contact for pricing

    Two-unit duplex features a partially finished basement, stamped patio, and covered rear porch overlooking the golf course.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Lancaster, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Mixed-Use Retail and Residential Building
    Mixed-Use Retail and Residential Building

    445 W Main Street, Dickeyville, WI 53808

    $475,000
    0.36 AC lot

    Mixed-use property with five rental units and an additional commercial storefront on two parcels.

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    Mixed-Use Income Property
    Mixed-Use Income Property

    445 W Main, Dickeyville, WI 53808

    $489,000
    2,902 sqft

    Multifamily units plus an additional commercial storefront, all currently occupied with on-site parking for tenants and customers.

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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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    Platteville Mixed-Use Investment Opportunity
    Platteville Mixed-Use Investment Opportunity

    40 & 50 W Main Street, Platteville, WI 53818

    $749,900

    Fully occupied Platteville mixed-use property with immediate cash flow.

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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.

    Riverfront Recreation Land Lot
    Riverfront Recreation Land Lot

    Porter Bridge Rd lot: 15, Lancaster, WI 53813

    $67,500
    3.70 AC lot

    3.7-acre riverfront lot on the Grant River with open space and trees for a future home or weekend cabin.

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    Residential Lot in Platteville, WI
    Residential Lot in Platteville, WI

    Perry Drive lot: 1, Platteville, WI 53818

    $36,250
    0.23 AC lot

    Residential lot near UW Platteville, ideal for building a home.

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    Residential Lot in Platteville, WI
    Residential Lot in Platteville, WI

    Perry Drive lot: 2, Platteville, WI 53818

    $36,250
    0.23 AC lot

    Residential lot near UW Platteville, Center for the Arts.

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    Residential Land in Condo Association
    Residential Land in Condo Association

    Waite Lane, Platteville, WI 53818

    $30,500
    0.18 AC lot

    Residential land with landscaping, lawn mowing, and snow removal included.

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    Lancaster, WI Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Lancaster, WI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,300 square feet of properties for sale, with an estimated market value of $414,900.

    Sale prices for residential income properties in Lancaster, WI start at $189,900, averaging $207,450, and reaching up to $225,000 — 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

    Multifamily properties 3
    Triplexes 2
    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 $214K

    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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