INVESTOR OPPORTUNITY! Multi-family property with a full basement plus a 2-car garage divided for tenant use. This is a great addition to your investment portfolio! Recent updates include new roof shingles on the home and garage doors in 2026. Unit 606 -- 2 bedrooms - 1 bath - Currently rents for $725 per month - Long-term tenant of 7 years - New hot water tank in 2026. Unit 604 -- 2 bedrooms, 1 bath - Vacant and move-in ready - Remodeled with an updated kitchen - New refrigerator, dishwasher, and microwave in 2026 - Updated bathroom featuring a new tub and vanity - Washer and dryer included, new in 2026 - Fresh paint throughout - New carpeting - Two new windows upstairs - Hot water tank replaced in 2023 Whether you're looking to expand your portfolio or live in one unit while renting the other, this well-maintained duplex offers immediate income potential and recent improvements that help minimize future expenses. Don't miss this opportunity! Tenants' rights: All showings require 24 hours' notice on the 606 side.
Welcome to this multi-family property offering over 3,200 square feet of total living space across three separate units. The colonial-style main home offers 2,716 square feet and is set up as two units. The first unit features a living room with a fireplace and hardwood floors flowing through the living room, dining room, and kitchen. The unit also has two large bedrooms and a full bathroom. The second unit offers two bedrooms, a flex space that could be used as a home office, playroom, or additional bedroom. A large living room with plenty of natural light, a dinning room and a spacious. kitchen Behind the main home is a 540-square-foot bungalow that offers a kitchen, living room, bedroom. Located in the heart of Lancaster, it's ready for an owner-occupant or investor to make the updates they want and make it their own. Schedule your showing today!
BRAND NEW APPLIANCES AND WASHER/DRYER SETS HAVE JUST BEEN INSTALLED IN BOTH UNITS! Welcome to this newly constructed ranch-style duplex in the heart of Lancaster! Don't miss the opportunity to own a beautifully crafted duplex that blends modern comfort with thoughtful design in both units. Unit A features 2 spacious bedrooms, each with walk-in closets, and 2 full bathrooms. The open layout includes a bright living room, a well-appointed kitchen, and a convenient in-unit laundry room, all within 1,237 square feet of living space--perfect for comfortable, low-maintenance living. Unit B offers 3 bedrooms and 2 full bathrooms, including a primary suite with a walk-in closet. This unit also includes a functional kitchen, dedicated laundry room, and a welcoming living area designed for both relaxation and everyday living; all within 1014 square feet of living space. Both units provide ample off-street and on-street parking, making this property ideal for residents and guests alike. Whether you're looking to keep loved ones close, expand your real estate portfolio, or take advantage of an owner-occupant opportunity; this duplex combines space, style, and practicality in a desirable single-level layout.
Looking for an investment property? Maybe you want to live in one part of the home and rent out the other part. The home could easily be run as a short term rental as well. This historic, Italianate beauty is close to the downtown action. Original woodwork, hardwood floors, beautiful fireplaces, tall ceilings and a cascading staircase are just some of the features this home has to offer. All appliances convey with the property. A first floor laundry room is a huge plus, especially for an older home. The spacious backyard and brick patio area lend itself to a multitude of activities. There's even space to build your own garage. The exterior has been recently painted. The auditor's site states a four bedroom but because of modifications over the years, it's currently listed as a two bedroom. The duplex would consist of one bedroom unit downstairs and a two bedroom unit upstairs. Each would have their own private entrance. The home is currently zoned as a duplex or single family dwelling depending on your needs.
TWO HOMES, 2 INCOMES OR LIVE IN 1 RENT FREE,THIS DOUBLE WAS COMPLETELY REBUILT, FOUNDATION,ELECTRIC, PLUMBING, INSULATION, DRYWALL, FLOORING AND ROOFING IN OCTOBER 2025. 308 has 1600 sq. Ft. 3 bd room including finished 3rd floor. 1-1/2 bath, first floor laundry, electric heat, porches front and rear, off street parking... 310 has 1100 sq.ft. 2 bd room, 1-1/2 bath, first floor laundry, full kitchen, porches front and rear, gas heat and a/c. Off street parking.
If you've been waiting on a real value-add opportunity in Lancaster, this is one worth your attention. This duplex sits in a location tenants consistently want — close to shopping, schools, restaurants, and main travel routes — which is exactly what protects long-term occupancy and rent growth. The bones are there. The location is right. What it needs now is the work. This property does require significant renovation, but that's where the margin lives. With proper rehab, the projected gross rental income is approximately $2,000+ per month, making this an excellent repositioning play for investors who understand how to create equity and lock in strong cash flow. Two units under one roof means: Diversified income Lower vacancy risk Simpler management Better long-term appreciation This is not a turnkey property — and it's not priced like one. It's a chance to step into Lancaster, improve the asset, and build real equity the way rental portfolios were built long before over-priced flips became the norm. Buy it right. Renovate it smart. Let it perform.
Andrea D. Conner, License BRKP.2017002935, Xome Inc., License REC.2015001703, [email protected], 844-400-XOME (9663), 11427 Read Hartman Hwy, Suite 236, Cincinnati, OH 45241
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Lancaster is located in Ohio. Lancaster, Ohio has a population of 40,360. Lancaster is less family-centric than the surrounding county with 28.79% of the households containing married families with children. The county average for households married with children is 34.4%.
The median household income in Lancaster, Ohio is $50,994. The median household income for the surrounding county is $77,241 compared to the national median of $69,021. The median age of people living in Lancaster is 39.4 years.
The average high temperature in July is 85 degrees, with an average low temperature in January of 19.9 degrees. The average rainfall is approximately 39.6 inches per year, with 18.1 inches of snow per year.
