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Backup Offers

416 E 5th Ave, Lancaster, OH, 43130

$249,000

Home List Price

$2,957*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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416 E 5th Ave, Lancaster$249,000

Buyer Closing Credits

$2,957*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Parking2 Car Garage, 2 Off Street, Detached Garage
Year Built1900
HeatingForced Air, Natural Gas
MLS #224013950
Lot Size0.17 Acres
StatusAccepting Backup Offers
(Contingent)

About 416 E 5th Ave

Welcome to this exceptional investment opportunity in the heart of Lancaster, Ohio! This turnkey-ready duplex is perfect for expanding your portfolio or starting your journey as a property owner. Each side of this spacious property features 3 bedrooms and 1.5 full bathrooms, offering comfortable and convenient living spaces for tenants.Duplex includes a 2-car garage, providing secure parking and extra storage. The generously sized, well-maintained backyard offers plenty of space for outdoor gatherings and activities, making it an attractive feature for tenants.Situated in a prime location, this duplex is just moments away from local amenities, shopping, dining, and entertainment.

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: RE/MAX ONE
  • Listing Agent: Jessica Lee Moyer

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: 2 Car Garage, 2 Off Street, Detached Garage

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,000
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Housing Market Comparison

See how this home compares to others in Lancaster, OH.

Med. Sold Price

$231.5K

Med. Price/SqFt

$162

Avg. Days On Market

23

# of Sold Homes

68

416 E 5th Ave vs Lancaster

14 DAYS ON ROCKET

-9 Days

$249,000

+$17.4K More

KEY TAKEAWAY

This property is $17.4K more than the Median Sold Price in Lancaster, OH.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #224013950

Listing Office:

  • Office Name: RE/MAX ONE
  • Listing Agent: Jessica Lee Moyer

IDX The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.

Copyright © 2024 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/18/2024, 5:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 16, 2019Home Sold
$150,000
Apr 02, 2018Home Sold
$105,000

History based on county public records data.

Payment Calculator

$1,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$813

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3052860
5
/10
  • East Elementary School

  • 751 E Wheeling St

  • 0.54 miles

  • Public District Grades KG-5

school-card-donut-3052861
6
/10
  • Tallmadge Elementary School

  • 611 Lewis Ave

  • 1.21 miles

  • Public District Grades PK-5

school-card-donut-3052862
4
/10
  • Medill Elementary School

  • 1151 James Rd

  • 1.50 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,625. The most common annual income of people living in Lancaster, OH is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas


Rocket HomesOhioFairfield CountyLancaster43130416 E 5th Ave

This home is located at 416 E 5th Ave in Lancaster, OH and zip code 43130. This home, which was built in 1900, sits on a 0.17 acre lot. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $249,000.

In April 2024, from all listings sold in Lancaster, OH there were more than 31 sold above asking price, over 24 sold below and more than 13 were sold right at the asked price. Between March 2024 and April 2024, Lancaster, OH real estate market has seen increase in the number of listings by 18.1%. In April 2024 median list price was $231,557 and the average listing age was 23 days.

From Rocket Homes Real Estate and based on county public records data.

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