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    Lancaster, WI
    Residential Income

    Lancaster, WI Residential Income 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.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    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 13 Potential Opportunities for your consideration. Besides 5 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

    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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    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 5 residential income 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 residential investment 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

    Multifamily properties 5
    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)

    How Realmo verifies these figures

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