330 Park Street
Lancaster, OH 43130
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Bed
0
Bath
0.14Acre(Lot)
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 app
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Heating & Cooling
Has Cooling: Yes Cooling: Central Air
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Building Information
Year Built: 1900 Private Pool: No
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Lot Information
Main Square Feet: 0.14 Lot Size Acres: 0.14 Lot Size Square Feet: 6098.4
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Listing Price Information
Listing Price: $165000 Original Price: $188000
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Tax Information
Parcel Number: 05-32080-100 Tax Year: 2024 Annual Tax: $2201
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 859 E Mulberry Street, Lancaster, OH, 43130 | $337,500 | -- | -- | -- | |
| 338 E Mulberry Street, Lancaster, OH, 43130 | $275,000 | -- | -- | -- | |
| 626 N Broad Street, Lancaster, OH, 43130 | $469,900 | -- | -- | -- | |
| 308-310 Reber Avenue, Lancaster, OH, 43130 | $299,000 | -- | -- | -- |
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ByOwner last updated this listing 06/10/2026 @ 00:32
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