1708 Graylock Street, Lancaster, OH 43130

Lancaster
Local realty services provided by:ERA Martin & Associates
1708 Graylock Street,Lancaster, OH 43130
$400,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jeffrey a messmer
Office: keller williams consultants614-932-2000
MLS#:226025606
Source:OH_CBR

Price summary

  • Price:$400,000

About this home

Whether you're looking to expand your portfolio or complete a 1031 exchange, this well-maintained four-unit property offers the combination every investor is searching for... stable occupancy today with room to increase tomorrow's returns. Each of the four units features 900 square feet of living space with two bedrooms, one bathroom, and the convenience of an in-unit washer and dryer. Tenants enjoy separately metered electric and water service while paying all utilities, helping keep operating expenses low and predictable. The property has been consistently well maintained, with many major mechanical updates completed within the past five years. Even more impressive, the building has remained fully occupied with a waiting list whenever a unit becomes available, demonstrating strong rental demand in the area. Current rents are $800 per month per unit, with all leases converting to month-to-month at the end of August 2026. For investors seeking value-add potential, comparable...

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Home facts

  • Year built:1994
  • Listing ID #:226025606
  • Added:50 day(s) ago
  • Updated:August 29, 2026 at 04:02 PM

Heating and cooling

  • Heating:Heat Pump
  • Central air:Yes

Structure and exterior

  • Year built:1994
  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$400,000
  • Tax amount:$3,354

Parking

  • Total parking spaces:8
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor ERA Martin & Associates shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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