330 Park Street, Lancaster, OH 43130
$188,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
6,098
Status:
Active
Current Price:
$188,000
List Date:
1/13/2026
Last Modified:
2/11/2026
Description
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.
Supplements: ********
More Information MLS# 226001129
Location & Property Info
List Price/SqFt: 105.86
City (Mailing Addr): Lancaster
Corp LimitPerAuditor: Lancaster
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
Built Prior to 1978: Yes
Building Sqft: 1776
Lot Size (Side): 144
Number of Units: 2
Year Built: 1900
Acreage: 0.14
Tax Info
Tax Abatement: No
Taxes (Yrly): 2201
Parcel #: 05-32080-100
Tax Year: 2024
Remarks & Misc
Property Description: 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.
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
Auction Info
Auction/Online Bidding Y/N: No
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 188000
List Price: $188,000
Property Sub Type: Duplex
Street #: 330
Street Name: Park
Street Suffix: Street
County: Fairfield
State: OH
Zip Code: 43130
School District: LANCASTER CSD 2305 FAI CO.
Township: None
OfficeContract Info
Status: Active
MLS Entry Date: 2026-01-13
Property Features
Addl Acceptance Cond: None Known
MLS Primary PhotoSrc: Realtor Provided
Listing Office:
BARTLETT BENNER REALTY
Listing Agent:
Keith Dwyer
Last Updated: February - 11 - 2026
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