Property Description

This multi-unit offers incredible potential for those ready to bring it back to life! The upper unit features two-bedroom and one bath, while the lower unit offers one bedroom and one bath. Mechanical updates include a newer roof, furnace, and hot water tank, along with off-street parking and fenced yard. Whether you're looking for your next flip, rental investment or want to live in the upper unit while renting the lower unit, this property is priced with its potential in mind. Bring your ideas and unlock the possibilities!

604 W Wheeling Street | MLS# 226025274

This multi-family property located at 604 W Wheeling Street, Lancaster, OH 43130 is currently listed for sale with an asking price of $60,000. W Wheeling Street is located within the LANCASTER CITY school district. Search Lancaster real estate on 536austindriveunitf.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Days on Market: 18

Heating: Forced Air

Lot Size: 0.08 Acres

Taxes: $1,364

Year Built: 1900

Feature Descriptions

Parcel #: 05-36037-900

Local Schools

School District: LANCASTER CITY

Demographics

Fairfield County Demographic Information for 604 W Wheeling Street, Lancaster, OH 43130

Fips

Fips Code 39045

Population

2020 to 2025 Change up 6.8%

2010 Count 146,156

2020 Count 158,921

2025 Estimate (V2025) 169,752

2020 Estimate (V2025) 158,908

Age Distribution (Years Old)

0 to 4 5.7%

5 to 17 23.5%

18 to 64 53.9%

65 and Older 16.9%

Gender

Male 50.0%

Female 50.0%

Place of Birth

Foreign 4.3%

US 95.7%

Education

High School Graduate, Age 25+ 94.0%

Bachelor's Degree or Higher, Age 25+ 32.3%

Computer and Internet use

Households with a computer 96.3%

Households with a broadband Internet subscription 92.5%

Language

English is Second Language, Age 5+ 5.6%

English is First Language, Age 5+ 94.4%

Veterans

Veterans 9,079

Income

Per Capita Income $41,813

Median Household Income $90,966

People in Poverty 8.1%

Commute

Average Work Commute Time 28 minutes

Housing

Total Housing Units 64,207

Households 60,357

Average Household Size 2.65

Owner-Occupied 74.9%

Multi-Family 15.4%

Owner-Occupied Median Value $298,800

Median selected monthly owner costs -with a mortgage $1,739

Median selected monthly owner costs -without a mortgage $666

Median gross rent $1,172

Building Permits

New Private Housing Issued 2024 464

Years at Residence

1 Year or More 90.4%

Less Than 1 Year 9.6%

Business and Employment

Private non-farm Establishments 2,846

Private non-farm Employment 41,284

Private non-farm Employment Growth down 1.0%

Nonemployer Establishments 12,972

Number of Firms 1,808

Business Production

Value of Shipments $1,121,644,000

Wholesale Trade $0

Retail Trade $1,966,556,000

Retail Sales Per Capita $11,384

Accommodation and Food Services $252,325,000

Land

Land Area 504.41 sq. miles

Population Per Square Mile 290

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 438.52 per month $307.35 Principal & Interest $113.67 Property Tax $17.50 Homeowner's Insurance

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604 W Wheeling StreetLancaster, OH 43130