Triplex

Lancaster, WI Triplexes for Sale

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Downtown Mixed-Use Income Building
Updated: Jul 15
Downtown Mixed-Use Income Building

217 W Cherry St, Lancaster, WI 53813

$189,900
3,200 sqft 0.06 AC lot
3‑unit income property with main‑level commercial space plus 2 residential units upstairs
Main level commercial space is vacant and includes a full bath, office(s), and large storage area
Residential units feature wood floors and include a 1‑bedroom unit and a separate efficiency unit
All appliances included; rents listed as $500 (upper efficiency), $600 (upper 1BD), and $550 (main commercial before vacancy)
Tenants pay $150/month toward utilities (noted total $450/month), plus full basement for storage
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Mixed-Use Brick Income Property
Updated: Jul 15
Mixed-Use Brick Income Property

217 W Cherry St, Lancaster, WI 53813

$189,900
0.06 AC lot
3‑unit income property with a main‑level commercial space and 2 residential units upstairs in downtown Lancaster
Solid brick building built in 1890 with forced‑air heating
Numerous updates reported, including furnace, plumbing, electrical, and flooring
Main level is vacant and includes a full bath, office, large storage area, and large display windows
Upper level has 1 occupied 1‑bedroom unit (open concept living/dining/kit) and a separate efficiency unit, each with a full bath
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Automotive Shop and Triplex
Automotive Shop and Triplex

108 N Main St, Stoddard, WI 54658

$549,900
1,003 sqft 0.36 AC lot

Well-maintained automotive shop with car lift and heated work areas, plus a triplex with a 3-car garage and extra parking.

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Auto Shop with Income Triplex
Auto Shop with Income Triplex

108 N Main St, Stoddard, WI 54658

$549,900
0.36 AC lot

Two-building offering in Stoddard, WI featuring a heated auto shop and an extremely well-maintained income-producing tri-plex.

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Three-Unit Apartment Building
Three-Unit Apartment Building

541 N Main Street, Richland Center, WI 53581

$275,000
0.22 AC lot

Well-maintained three apartments with monthly rents, with utilities included in each unit’s rate.

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Residential Income Triplex
Residential Income Triplex

608 N Main Street, Richland Center, WI 53581

$150,000
0.27 AC lot

As-is triplex for sale with two one-bedroom units and one two-bedroom unit.

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Lancaster, WI Triplexes Market Trends and Statistics

Explore 2 triplexes for sale in Lancaster, WI on our real estate platform. These investment opportunities span a total of 3,200 square feet of properties for sale, with an estimated market value of $189,900.

Sale prices for three-family homes in Lancaster, WI start at $189,900, averaging $189,900, and reaching up to $189,900 — 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

Triplexes 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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