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For sale
  • Price cut: $22.6K (7/15)
    $189,900

    217 W Cherry St, Lancaster, WI 53813

    3beds
    2,300sqft
    : 
    $1,251/mo
    Get pre-qualified
    Multi Family
    Built in 1890
    -- sqft lot
    $-- Zestimate®
    $83/sqft
    $-- HOA

    What's special

    This 3 unit income property in downtown Lancaster has a commercial space on the main level & 2 residential units on the upper w/nice wood floors. This is a solid brick building & has been well maint w/numerous updates, incl furnace, plumbing, electrical, flooring, etc. The main level space is vacant & could be used for numerous purposes. It has a full bath, an office, as well as a lg storage area. Lg display windows & is very clean. There's a 1 bd unit upstairs occupied, m-to-m. That unit has an open concept w/a nice kit area, liv rm & din area. There is a nice bathroom w/laundry. The other upper space is an efficiency unit w/a full bath. All appl are incl. Rents have been $550-main level commercial unit. $500-upper efficiency unit & $600-1 bd upper unit. PLUS - Tenants pay $150/month toward the utilities, ($450/m total). Full basement for storage.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Schroeder,

    RE/MAX Preferred

    Source: SCWMLS,MLS#: 1995302

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Natural Gas, Forced Air
      Appliances
      • Included: Range/Oven (Unit 2), Refrigerator (Unit 2), Washer/Dryer (Unit 2), Range/Oven (Unit 3), Refrigerator (Unit 3)
      • Laundry: In Unit (Unit 2)
      Features
      • Den/Office (Unit 1), Eat In Kitchen (Unit 2), Eat In Kitchen (Unit 3)
      • Flooring: Wood or Simulated Wood (Unit 2), Wood or Simulated Wood (Unit 3)
      • Basement: Full,Sump Pump
      Interior area
      • Total structure area: 2,300
      • Total interior livable area: 2,300 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Outside
      • Details: Outside
      Features
      • Levels: Two
      Lot
      • Size: 2,613 Square Feet
      Details
      • Parcel number: 246001810000
      • Zoning: res/comm

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • Year built: 1890

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Lancaster

      Financial & listing details

      • Price per square foot: $83/sqft
      • Tax assessed value: $89,100
      • Annual tax amount: $1,339
      • Date on market: 3/15/2025
      • Inclusions: 2 refrigerators, 2 stoves, 1 washer, 1 dryer
      • Exclusions: Personal property of seller
      • Total actual rent: 19800

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,018/mo

        Price history

        DateEventPrice
        7/15/2026Price change$189,900-10.6%$83/sqft
        Source: SCWMLS #1995302 Report a problem
        7/13/2026Price change$212,500-0.7%$92/sqft
        Source: SCWMLS #1995302 Report a problem
        6/4/2026Price change$214,000-0.5%$93/sqft
        Source: WIREX MLS #1995302 Report a problem
        5/21/2026Price change$215,000-1.1%$93/sqft
        Source: WIREX MLS #1995302 Report a problem
        4/29/2026Price change$217,500-0.7%$95/sqft
        Source: WIREX MLS #1995302 Report a problem
        4/13/2026Price change$219,000-0.4%$95/sqft
        Source: WIREX MLS #1995302 Report a problem
        3/30/2026Price change$219,900-1.2%$96/sqft
        Source: WIREX MLS #1995302 Report a problem
        2/25/2026Price change$222,500-1.1%$97/sqft
        Source: WIREX MLS #1995302 Report a problem
        1/24/2026Price change$225,000+20%$98/sqft
        Source: WIREX MLS #1995302 Report a problem
        11/20/2025Price change$187,500-1.3%$82/sqft
        Source: WIREX MLS #1995302 Report a problem
        11/10/2025Price change$189,900-0.6%$83/sqft
        Source: WIREX MLS #1995302 Report a problem
        9/25/2025Price change$191,000-0.8%$83/sqft
        Source: WIREX MLS #1995302 Report a problem
        9/9/2025Price change$192,500-1.3%$84/sqft
        Source: WIREX MLS #1995302 Report a problem
        8/6/2025Price change$195,000-1.5%$85/sqft
        Source: WIREX MLS #1995302 Report a problem
        7/12/2025Price change$198,000-0.5%$86/sqft
        Source: WIREX MLS #1995302 Report a problem
        6/21/2025Price change$199,000-0.5%$87/sqft
        Source: WIREX MLS #1995302 Report a problem
        6/10/2025Price change$199,900-18.4%$87/sqft
        Source: WIREX MLS #1995302 Report a problem
        6/2/2025Price change$245,000-1%$107/sqft
        Source: WIREX MLS #1995302 Report a problem
        5/15/2025Price change$247,500-0.6%$108/sqft
        Source: WIREX MLS #1995302 Report a problem
        4/24/2025Price change$249,000-0.3%$108/sqft
        Source: WIREX MLS #1995302 Report a problem
        3/28/2025Price change$249,700-0.1%$109/sqft
        Source: WIREX MLS #1995302 Report a problem
        3/15/2025Listed for sale$249,900$109/sqft
        Source: WIREX MLS #1995302 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 53813

        Getting around

        76 / 100
        Very Walkable
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Middle: Lancaster
        • High: Lancaster
        • District: Lancaster

        Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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