$178,000
PENDING $7K PRICE DROP

143 W Mulberry St Lancaster, OH 43130

Estimated payment $1,087/month

Total Views 2,185
-- Bed
-- Bath
3,283 Sq Ft
$54 Price per Sq Ft

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.

Listing Agent

JAMIE ROHR

Key Realty License #2017002255 Listed on: 04/15/2026

Key Realty

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,796

Year Built

Built in 1871

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Type: Multi-Family
  • Year Built: 1871
  • Tax Year: 2024
  • Property Sub-Type: Midrise
  • Lot Size Acres: 0.16
  • Total Gross Income: 39600.0
  • Co List Office Phone: 877-539-7589
  • MLS Status: Pending
  • Location Property Info List PriceSqFt: 54.22
  • Remarks Misc Hot Sheet Comments: price
  • General Property Info Building Sq Ft: 3283.0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Possible Use: Residential

Garage/Parking

  • General Property Info Off Street Parking Spaces: 1.0

Utilities

  • Sewer: Public Sewer
  • Heating: Other
  • Cooling: None
  • Cooling Y N: No
  • Water Source: Public

Schools

  • Junior High Dist: LANCASTER CSD 2305 FAI CO.

Lot Info

  • Parcel Number: 05-32040-000
  • Lot Size Sq Ft: 6969.6

Rental Info

  • Owner Pays: Electricity, Sewer, Trash Collection, Water

Multi Family

  • Number Of Units Total: 4
  • Net Operating Income: 18600.0
  • Annual Operating Expense: 21000.0

Tax Info

  • Tax Annual Amount: 1796.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: Columbus and Central Ohio Regional MLS

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
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $72,335 Fannie Mae Freddie Mac
Source: Public Records

Source: Columbus and Central Ohio Regional MLS

MLS Number: 226012019

Columbus and Central Ohio Regional MLS

APN: 05-32040-000

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