$225,000
 $1,497 est/mo Sourced by Back At You

422 E 5th Avenue,Lancaster, OH 43130

Lancaster, OH 43130

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Description

Duplex Investment Opportunity in Lancaster!! 422 424 E Fifth Avenue is a spacious two story duplex offering a total of 2,644 square feet and features two separate 3-bedroom units. Recent updates include new flooring in unit 424 kitchen/laundry/half bathroom and privacy fence. Unit 424- 3 bedrooms and 1 full bath upstairs with 1/2 bath on the first floor. Tenant occupied- 1 year lease / 1,200 in rent. Washer and dryer are tenant owned. Unit 422- 3 bedrooms and 1 full bathroom upstairs. Tenant occupied (been there ~4 years) month to month / 1,300 in rent. Stove, refrigerator, washer, and dryer are tenant owned. Both units feature a nice sized living area, kitchen, and first floor laundry while on a crawl space. The property is completely fenced and divided to provide privacy for both units. Convenient alley access to a shed and four parking spaces in the back. Parking in front of the property is available as well. Tenants pay all utilities and are responsible for lawn care. Get ready to add this to your rental portfolio!

Details

MLS #226034183
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1900
Days On Site25
Listing Provided ByKey Realty | Nicole Barker

Features

Units2
Acreage0.17

Taxes

Property2517

Area Information

StateOH
CountyFairfield
CityLancaster
Zip Code43130
School DistrictLANCASTER CSD 2305 FAI CO.
High SchoolLANCASTER CSD 2305 FAI CO.
Listing VS Median (in 43130)
Price:
$225,000
low | high
Med:
$259,000
34.888888888889% of Average
On site:
25
low | high
Med:
189
13.227513227513% of Average
Sourced by Back At You

Market Activity 43130

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Learn More About This Property

StateOH
CountyFairfield
CityLancaster
Zip Code43130
School DistrictLANCASTER CSD 2305 FAI CO.
High SchoolLANCASTER CSD 2305 FAI CO.
Listing VS Median (in 43130)
Price:
$225,000
low | high
Med:
$259,000
34.888888888889% of Average
On site:
25
low | high
Med:
189
13.227513227513% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $168K - $281K
sqft: 0 - 0
Listing Updated: October 1, 2026 at 12:11:50 PM PDT