143 W Mulberry St Lancaster, OH 43130
Estimated payment $1,087/month
About This Home
🔥 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 💎 PLEASE leave offers open for 72 hours. Property being sold AS IS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,796
Year Built
- Built in 1871
Lot Details
- 6,970 Sq Ft Lot
Home Design
- 3,283 Sq Ft Home
Parking
- No Garage
- Off-Street Parking: 1
Utilities
- No Cooling
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 05-32040-000
Community Details
Overview
- 4 Units
- Mid-Rise Community
Building Details
- Operating Expense $21,000
- Gross Income $39,600
- Net Operating Income $18,600
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,747 | $49,210 | $13,690 | $35,520 |
| 2024 | $2,747 | $30,550 | $5,960 | $24,590 |
| 2023 | $823 | $22,140 | $5,960 | $16,180 |
| 2022 | $2,440 | $65,290 | $5,960 | $59,330 |
| 2021 | $1,994 | $50,000 | $5,960 | $44,040 |
| 2020 | $638 | $50,000 | $5,960 | $44,040 |
| 2019 | $1,821 | $50,000 | $5,960 | $44,040 |
| 2018 | $503 | $45,570 | $5,960 | $39,610 |
| 2017 | $1,679 | $43,740 | $5,160 | $38,580 |
| 2016 | $1,636 | $43,740 | $5,160 | $38,580 |
| 2015 | $1,696 | $44,010 | $5,160 | $38,850 |
| 2014 | $1,618 | $44,010 | $5,160 | $38,850 |
| 2013 | $1,618 | $44,010 | $5,160 | $38,850 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/25/2026 04/25/26 | Pending | -- | -- | -- |
| 04/24/2026 04/24/26 | Price Changed | $178,000 | -3.8% | $54 / Sq Ft |
| 04/15/2026 04/15/26 | For Sale | $185,000 | -- | $56 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $95,000 | Hocking Valley Title | |
| Warranty Deed | $95,000 | Hocking Valley Title | |
| Warranty Deed | $95,000 | Hocking Valley Title | |
| Warranty Deed | $95,000 | Hocking Valley Title | |
| Contract Of Sale | $95,000 | Dagger Johnston Miller Ogilvie | |
| Survivorship Deed | $85,100 | Valmer Land Title Agency |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $72,335 | Fannie Mae Freddie Mac |
Source: Columbus and Central Ohio Regional MLS
MLS Number: 226012019
APN: 05-32040-000
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Ask me questions while you tour the home.