43130 Ohio Multi-Family Homes for Sale

43130 Ohio Multi-Family Homes for Sale

$400,000
226025606 MLS
Whether you're looking to expand your portfolio or complete a 1031 exchange, this well-maintained four-unit property offers the combination every investor is searching for... stable occupancy today with room to increase tomorrow's returns. Each of the four units features 900 square feet of living space with two bedrooms, one bathroom, and the convenience of an in-unit washer and dryer. Tenants enjoy separately metered electric and water service while paying all utilities, helping keep operating expenses low and predictable. The property has been consistently well maintained, with many major mechanical updates completed within the past five years. Even more impressive, the building has remained fully occupied with a waiting list whenever a unit becomes available, demonstrating strong rental demand in the area. Current rents are $800 per month per unit, with all leases converting to month-to-month at the end of August 2026. For investors seeking value-add potential, comparable two-bedroom units in the area are leasing between $1,000 and $1,200 per month, providing an opportunity to increase income over time. Whether you choose to maintain the property's outstanding occupancy history or implement a strategic rent growth plan, this is a rare opportunity to acquire a professionally maintained asset with proven performance and significant upside. Showings will be allowed within 48 hours of accepted offer.

1708 Graylock Street, Lancaster

Listing Courtesy of : Jeffrey A Messmer ---- Keller Williams Consultants

$219,900
226000230 MLS
Attention: Property will be available for showings Sat Feb 28 and Sun Mar 1 from 1-3 pm! Premier Investment Opportunity: Income-Producing Duplex Unlock the potential of this versatile 1,523 sq. ft. duplex in a high-demand Lancaster location! Whether you are looking for a reliable addition to your portfolio or an 'owner-occupant' opportunity to live in one side and let the other pay your mortgage, this property delivers. This well-maintained two-unit building features a spacious layout designed for long-term tenant comfort: Unit 1 (First Floor): A generous 3-bedroom, 1-bathroom residence. Unit 2 (Second Floor): A cozy 1-bedroom, 1-bathroom unit. Amenities: Both units feature large living areas, kitchens equipped with refrigerators and stoves, and dedicated laundry hookups (tenant-owned washers/dryers). Utilities: Units are individually metered, and tenants pay all utilities. Financial Highlights Strong Cash Flow: Currently generating $1,795 per month in total rent. Tenant Mix: One unit is self-pay and the other is Section 8; both are currently on month-to-month leases. Growth Potential: Rents are currently below market value, offering immediate upside for the next owner. Seamless Transfer: All deposits will be credited to the buyer at closing. Exterior & Location Situated on an oversized lot with convenient alley access, the property offers rare flexibility. There is ample space to build a garage or additional outbuildings to further increase value. The location is unbeatable for tenants, sitting within easy walking distance of Mt. Pleasant Elementary, Rising Park, and the Fairfield County Fairgrounds. It is also just minutes from the shops, dining, and culture of Historic Downtown Lancaster. Attention Agents: Please see ATA and the attached offer instructions document for further details

165 Lake Street, Lancaster

Listing Courtesy of : Donald E Shaffer ---- Howard HannaRealEstateServices

Selling Office: RE/MAX Revealty.

$405,000
225017729 MLS
Discover a unique investment opportunity with this versatile, fully renovated property that offers both residential income and commercial potential. The ground level is a standout feature—completely updated and beautifully finished, it presents a flexible space that could be utilized as a high-end commercial storefront, office, or converted into additional residential living. Whether you're envisioning a boutique, studio, or luxury apartment, the options are endless with this stylish and functional space. Upstairs, the property is already generating steady income with two well-maintained long-term rental units, both currently occupied by reliable tenants. This turnkey setup allows for immediate cash flow, making it ideal for investors or owner-occupiers looking to offset costs. The configuration offers privacy and separation between the levels, enhancing the appeal for both commercial and residential uses. Additional amenities include ample off-street parking—an increasingly rare find—which comfortably accommodates residents, visitors, or clients. Located in a desirable area with access to local shops, dining, and more, this property combines location, flexibility, and modern updates into one compelling package. Whether you're an investor seeking a multi-use income property or an entrepreneur looking for a place to live and work, this property offers boundless possibilities. Don't miss the chance to make this adaptable and stylish building part of your portfolio.

632 N Broad Street, Lancaster

Listing Courtesy of : Dylan J Knecht ---- RE/MAX Revealty

Selling Office: M3K Real Estate Network Inc..

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43130 Ohio Multi-Family Homes

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