143 W Mulberry Street, Lancaster, OH 43130

New Listing
$185,000
Property Type: Multi-Family Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $185,000 List Date: 4/15/2026 Last Modified: 4/15/2026

Overview

Description

🔥 Investor Special with HUGE Potential! 🔥 Calling all investors, flippers, and visionaries--this quadraplex is ready for its next chapter! Located closely to downtown Lancaster offers a desirable location. With a little creativity and some elbow grease, this property could be transformed into a strong income-producing asset. 🏡 Unit Breakdown: • Unit A - Potential for a spacious 3 bed / 1 bath • Unit B - Efficiency apartment • Unit C - 2 bed / 1 bath • Unit D - Efficiency apartment Whether you're looking to renovate and rent, flip for profit, or build long-term equity, the opportunities here are endless. Bring your imagination and breathe new life into this multi-unit property! Don't miss your chance to turn this diamond in the rough into something special 💎

Listing Details MLS# 226012019

Location Property Info

Original List Price
185000
Property Sub Type
Midrise
Street #
143
Street PreDirection
W
Street Name
Mulberry
Street Suffix
Street
County
Fairfield
State
OH
Zip Code
43130
School District
LANCASTER CSD 2305 FAI CO.
Township
None

OfficeContract Info

MLS Entry Date
2026-04-15

General Property Info

Number of Units
4
Off Street Parking Spaces
Yes
Building Sqft
3283
Year Built
1871
Built Prior to 1978
Yes
Lot Size (Side)
181
Acreage
0.16

Tax Info

Parcel #
05-32040-000
Tax Year
2024
Tax Abatement
No
Taxes (Yrly)
1796

Efficiency

Efficiency # of Units
2
Efficiency Month Rent Per Unit
1000

2 Bedroom

2 Bedroom # of Units
Yes
2 Bedroom Month Rent Per Unit
1500

More Information

3 Bedroom

3 Bedroom # of Units
Yes

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
56.35
City (Mailing Addr)
Lancaster
Corp LimitPerAuditor
Lancaster

Office/Contract Info

For Sale
Yes
Exchange
No

Remarks & Misc

Property Description
🔥 Investor Special with HUGE Potential! 🔥 Calling all investors, flippers, and visionaries--this quadraplex is ready for its next chapter! Located closely to downtown Lancaster offers a desirable location. With a little creativity and some elbow grease, this property could be transformed into a strong income-producing asset. 🏡 Unit Breakdown: • Unit A - Potential for a spacious 3 bed / 1 bath • Unit B - Efficiency apartment • Unit C - 2 bed / 1 bath • Unit D - Efficiency apartment Whether you're looking to renovate and rent, flip for profit, or build long-term equity, the opportunities here are endless. Bring your imagination and breathe new life into this multi-unit property! Don't miss your chance to turn this diamond in the rough into something special 💎

Income/Expenses

Gross Income
39600
Net Operating Income
18600
Total Expenses
21000

Addl Acceptance Cond

None Known
Yes

Heat Fuel

Electric
Yes

Parking Features

No Garage
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Alternate Uses

Residential
Yes

Heating

Other
Yes

Air Conditioning

None
Yes

Owner Pays

Electric
Yes
Sewer
Yes
Trash
Yes
Water
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Parking Features: No Garage Owner Pays: Electric; Sewer; Trash; Water Heat Fuel: Electric Heating: Other Air Conditioning: None Water Source: Public Sewer: Public Sewer Alternate Uses: Residential MLS Primary PhotoSrc: Realtor Provided
Listing Office: Key Realty
Listing Agent: Jamie Rohr
Last Updated: April - 15 - 2026
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