Residential Income

Lancaster, WI Residential Income 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 12 Potential Opportunities for your consideration. Besides 4 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 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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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 Residential Land Lot
Riverfront Residential Land Lot

Porter Bridge Rd lot: 15, Lancaster, WI 53813

$65,900
3.70 AC lot

Residentially zoned riverfront lot with open space and trees along the Grant River in Grant County.

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River-Adjacent Recreational Lot Pair
River-Adjacent Recreational Lot Pair

4932 & 4944 Orion Court lot: 11 & 12, Cassville, WI 53806

$129,000
4.44 AC lot

Two residential parcels include driveway, sheds, fire pit, and RV parking with power hookup, with shared recreational common area access.

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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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Lancaster, WI Residential Income Properties Market Trends and Statistics

Explore 4 residential income 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 residential income 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

Multifamily properties 4
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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