Sold
Last Sold Price
6 beds8,081 sqft$35/sqft
1010 Old Logan Road, Lancaster, OH 43130
Multi FamilyProperty Type
9,147 sq ftLot Size
1900Year Built
$35/sq ftPrice per sq ft
15 carsParking Spaces

Description

Bring all investors! This is an awesome opportunity to buy a great building with 4 - 1 bedroom apartments, 2- efficiency apartments with tons of updates and one beautifully remodeled 2 bedroom apartment, a clubhouse area and a massive garage space under the building. Not to mention the 2 mobile home lots at the rear of the property. So much opportunity for cash flow just waiting for the right investor!Bring all investors! This is an awesome opportunity to buy a great building with 4 - 1 bedroom apartments, 2- efficiency apartments with tons of updates and one beautifully remodeled 2 bedroom apartment, a clubhouse area and a massive garage space under the building. Not to mention the 2 mobile home lots at the rear of the property. So much opportunity for cash flow just waiting for the right investor!
  • Listed by: Gary R Mader 740.654.5552 support@riserealtyco.com Brokerage DRE #2016006437 • Rise Realty
  • Listed by: Audrey Barr 740.654.5552 support@riserealtyco.com Brokerage DRE #2016006437 • Rise Realty
Listing closed: 11/20/2019 12:00 AM • Source: Columbus and Central Ohio Regional MLS, MLS#: 219034429

Recent comparable sales

Median sold price

$305,000

Avg days on market

34

Sale-to-list ratio

102.8%

Lancaster, OH

9 comparable properties found

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1/32
1

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Sold 12/12/24

6
Bedrooms
Unavailable
Bathrooms
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Square Feet
0.12
Acres
$244,800 | 428 East Chestnut Street, Lancaster, OH 43130
1/39
2

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7
Bedrooms
Unavailable
Bathrooms
2,900
Square Feet
0.12
Acres
$407,500 | 171-173 East 6th Avenue, Lancaster, OH 43130
1/50
3

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Sold 10/24/25

6
Bedrooms
Unavailable
Bathrooms
3,439
Square Feet
0.16
Acres
$325,000 | 523 North Broad Street, Lancaster, OH 43130
1/57
4

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5
Bedrooms
Unavailable
Bathrooms
3,107
Square Feet
0.13
Acres
$193,000 | 418-420 King Street, Lancaster, OH 43130
1/35
5

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6
Bedrooms
Unavailable
Bathrooms
2,688
Square Feet
0.16
Acres
$640,000 | 219 Perry Street, Lancaster, OH 43130
1/8
6

$640,000

Sold 10/30/24

7
Bedrooms
Unavailable
Bathrooms
6,072
Square Feet
0.22
Acres
$172,000 | 143 West Mulberry Street, Lancaster, OH 43130
1/23
7

$172,000

Sold 05/29/26

5
Bedrooms
Unavailable
Bathrooms
3,283
Square Feet
0.16
Acres
$422,000 | 721 Zion Road Southeast, Lancaster, OH 43130
1/15
8

$422,000

Sold 01/05/25

6
Bedrooms
Unavailable
Bathrooms
2,244
Square Feet
6
Acres
9

$305,000

Sold 11/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,170
Square Feet
0.93
Acres

Location

Listing Courtesy of Rise Realty

Sold By e-Merge Real Estate

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$1,605 per month

30 year fixed, 6.71% Interest

Principal and Interest

$1,460

Property Taxes

$145

HOA Dues

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Property Information for 1010 Old Logan Road

Property Details
  • Taxes: $1,738 / year
  • MLS Type: Multi-Family / Mixed Use
  • Zoning Description: Mixed
Building Information
  • Residences: 7
  • Year Built: 1900
  • Lot Size: 0.21 AC / 9,147 SF
Summary
Location and General Information
  • Longitude: -82.594381
  • Latitude: 39.700583
  • Cross Street: Kitzer
  • Corp Limit Per Auditor: Lancaster
  • Between Street: Lane
Taxes and HOA
  • Additional Parcels Description: 0546287300 and 0546287400
  • Parcel Number: 05-46287-200
  • Tax Year: $2,018.00
  • Tax District: 054
  • Tax Abatement: No
School Information
  • High School District: BERNE UNION LSD 2302 FAI CO.
Parking
  • Parking Total: 15.0
  • Off Street Parking Spaces: 1.0
Property
Lot Information
  • Lot Size Square Feet: 9147.6
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
Property and Assessments
  • Year Built: 1900
  • Year Built Effective: 2016
  • Built Prior to 1978: Yes
  • Use Code: 551 - OTHER RESIDENTIAL
  • Miscellaneous: Basement, Clubhouse
Building Features
  • Construction Materials: Block, Brick, Frame, Vinyl Siding
  • # of Buildings: 1.0
  • Building Sqft: 8081.0
Utilities
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Storm Sewer, Water Available
Interior and Exterior Features
Interior Features
  • Has Cooling: No
  • Heating: Forced Air
  • Heat Fuel: Gas
Multi Family
Multi Family Information
  • Total Number Of Units: 7.0
  • Occupancy Rate: 100.00%
Income & Expenses
  • Net Operating Income: $35,388
  • Operating Expense: $12,912.00
  • Gross Income: $48,300
Rental
Rent Information
  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • 1 Bedroom: 1 Bedroom # of Units: 4.0
  • 1 Bedroom: 1 Bedroom Month Rent Per Unit: $600.00
  • 2 Bedroom: 2 Bedroom # of Units: 1.0
  • 2 Bedroom: 2 Bedroom Month Rent Per Unit: $850.00
  • Efficiency # of Units: 2.0
  • Efficiency Month Rent Per Unit: $550.00
  • Other # of Units: 1.0
  • Other Month Rent Per Unit: $700.00

Property History for 1010 Old Logan Road

DateEvent & SourcePriceAppreciation
Nov 20, 2019

Sold

Columbus and Central Ohio Regional MLS #219034429

$282,560
Sep 20, 2019

Contract Signed

Columbus and Central Ohio Regional MLS #219034429

Sep 12, 2019

Listed (Active)

Columbus and Central Ohio Regional MLS #219034429

$285,000
DateEvent & SourcePrice
11/20/2019

Sold

Columbus and Central Ohio Regional MLS #219034429

$282,560
09/20/2019

Contract Signed

Columbus and Central Ohio Regional MLS #219034429

09/12/2019

Listed (Active)

Columbus and Central Ohio Regional MLS #219034429

$285,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1010 Old Logan Road

Taxable ValueLand$11,710Additions$70,760Total$82,470
Tax Record2023$2,383 ($199 / month)
Home Facts
Total Finished SqFt8,272 SqFtAbove Grade Finished SqFt8,272 SqFtStories1Lot Size9,095 SqFtStyleMulti-Family Res (5+ Units)Year Built1951Year Renovated1985CountyFAIRFIELDAPN054-62872.00

Schools near 1010 Old Logan Road

This home is within Lancaster City School District.
Rating
School
Type
Grades
Distance
Public - 1 to 8
Public - 6 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Bridges
Public1 to 8

Thomas Ewing Junior High School
Public6 to 8

Lancaster High School
Public9 to 12

St Mary Elementary School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1010 Old Logan Road, Lancaster, OH 43130
$282,560
6
8,081
9,147
8,738
8,738
$70,500
3
0
$225,000
2
1,200
6,098
8,381

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Rise Realty

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.