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128 Union St, Lancaster, OH 43130

$226,000
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Multi-family for sale 2 hours

About 128 Union St

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 7,405 Sqft
Rental estimate
Property description
126/128 Union St, Lancaster, OH 43130. Great opportunity to add a duplex to your investment portfolio in Lancaster! This property features two spacious 2-bedroom, 1-bath units, offering flexibility for both investors and owner-occupants. The upstairs unit is currently tenant-occupied, providing immediate rental income, while the downstairs unit is vacant, recently improved, and ready for its next tenant. This setup gives a new owner the opportunity to place their own tenant and establish rental terms for the vacant unit. Or live in one unit while generating income from the other. Whether you're looking to expand your rental portfolio or get started with an owner-occupied investment property, 126/128 Union Street offers excellent income-producing potential in Lancaster. The downstairs unit is freshly painted with new vinyl plank flooring and carpet. New appliances: Two units | 2 beds & 1 bath each | Tenant-occupied upper unit | Improved & rent-ready lower unit
Listed by
Listing Agent - Elizabeth Genevieve Wills
Listing Agent Contact: 614-245-8267
Listing Office - Rock House Realty LLC
Source: Columbus and Central Ohio Regional MLS mls logo
MLS#226036821 • last updated 2 hours ago
Movoto checked Columbus and Central Ohio Regional MLS for data 20 minutes ago
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Overview
Heating Forced Air
MLS # 226036821
Status Active
SubType Duplex
Lot Size (SqFt) 7405.2
Lot Size (Acres) 0.17
Property Tax 6544.72
Year Built 1900
Interior
Amenities / Utilities
Water Source Public
Location
High School District LANCASTER CSD 2305 FAI CO.
APN 532038900
Multifamily Details
Total # of Units 2
Net Operating Income 9800
Operating Expense 7000
Gross Income 16800
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Source: GreatSchools.org © 2026. All rights reserved.

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