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Sold on 02/23/2022

416 Harrison Ave, Lancaster, OH 43130

  • $274,000

    Last sold 02/23/2022 for $220K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 416 Harrison Ave

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 4,792 Sqft
Movoto estimate
Rental estimate
Property description
This may be the closest you can get to living for free...This property consists of a large 1,400 sq.ft. 3BR/2BA single family home and spacious 1,560 sq.ft. upstairs/downstairs duplex on the same parcel! Pure investment?...that works too! The main house is renovated and ready for a market rate tenant, and the duplex is fully stabilized with long-term tenants paying $650/mo. each. The property has a ton of improvements with a new roof on the duplex and partial roof replacement on the main house. All units have central a/c and heat. Sub-meter for electric and water is master metered. Professional property management is in place.
Listed by
Listing Agent - Brandon S Sturgill
Listing Agent Contact: 614-379-2017
Listing Office - Hypothetical, LLC
Source: Columbus and Central Ohio Regional MLS mls logo
MLS#222001034 • last updated 1 year ago
Movoto checked Columbus and Central Ohio Regional MLS for data 17 minutes ago
Overview
Cooling/AC Central Air
Heating Heat Pump
MLS # 222001034
Status Closed
SubType Mixed Use
Lot Size (SqFt) 4791.6
Lot Size (Acres) 0.11
Property Tax 1756
Year Built 1900
Interior
Exterior
# of Parking Spaces 3
Location
High School District LANCASTER CSD 2305 FAI CO.
APN 05-31063-200
Multifamily Details
Total # of Units 3
Net Operating Income 19890
Operating Expense 10710
Gross Income 30600
$274K
Range: $252K-$295K
Last 30 days 
Rental est.: $1,269/month
Gross rent multiplier: 14.1
  • Feb 2022
    mls logo MLS # 222001034
  • Feb 28, 2022 Sold
    $220,000 (+2.3%)
  • Jan 12, 2022 Listed
    $215,000
  • 416 Harrison Ave
    $220K
  • The Pioneer
    $175K -12% y/y
  • 43130
    $289K -3% y/y
  • Lancaster
    $280K -6% y/y
No chart available
Statistics calculated by Movoto

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6/10
General Sherman Junior High School
public Grades 6-8
Lancaster City School District
5/10
Lancaster High School
public Grades 9-12
Lancaster City School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • OH
  • Fairfield County
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  • 43130
  • The Pioneer
  • 416 Harrison Ave
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