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422 E 5th Avenue

Lancaster, OH 43130

$225,000

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Overview

Bed

Bath

0.17

Acre(Lot)

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 bo th 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!

Property Details

Property Type : Residential Income

Price : $225,000

AD Id : 91097872

MLS Id : 226034183

Lot Size : 0.17 Acre

Tax Amount : 2517.00

Year Built : 1900

County : Fairfield

Map

What's Nearby

Nearby Areas

Features

Heating & Cooling

Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes

Building Information

Year Built: 1900 Construction Materials: Vinyl Siding Private Pool: No

Lot Information

Main Square Feet: 0.17 Lot Size Acres: 0.17 Lot Size Square Feet: 7405.2

Listing Price Information

Listing Price: $225000

Tax Information

Parcel Number: 05-33026-800 Tax Year: 2025 Annual Tax: $2517

Parking Information

No Garage

Utility Information

Natural Gas Available, Water Available, Sewer Available, Electricity Available
Location Information

WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
338 E Mulberry Street, Lancaster, OH, 43130	$255,000	--	--	--	0.24 Acre
143 Union Street, Lancaster, OH, 43130	$260,000	--	--	--	0.22 Acre
308-310 Reber Avenue, Lancaster, OH, 43130	$298,500	--	--	--	0.13 Acre

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ByOwner last updated this listing 09/11/2026 @ 00:22

MLS: 226034183 LISTED BY: Nicole Barker, Key Realty 877-539-7589 SOURCE: Columbus and Central Ohio Regional MLS