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.
For sale
Price cut: $22.6K (7/15)
$189,900
217 W Cherry St, Lancaster, WI 53813
3beds
2,300sqft
:
Get pre-qualified$1,251/mo
Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$83/sqft
$-- HOA
What's special
- --
- on Zillow |
- 183
- views |
- 4
- saves |
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
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,018/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $189,900-10.6%$83/sqft |
Source: SCWMLS #1995302 Report a problem | ||
| 7/13/2026 | Price change | $212,500-0.7%$92/sqft |
Source: SCWMLS #1995302 Report a problem | ||
| 6/4/2026 | Price change | $214,000-0.5%$93/sqft |
Source: | ||
| 5/21/2026 | Price change | $215,000-1.1%$93/sqft |
Source: | ||
| 4/29/2026 | Price change | $217,500-0.7%$95/sqft |
Source: | ||
| 4/13/2026 | Price change | $219,000-0.4%$95/sqft |
Source: | ||
| 3/30/2026 | Price change | $219,900-1.2%$96/sqft |
Source: | ||
| 2/25/2026 | Price change | $222,500-1.1%$97/sqft |
Source: | ||
| 1/24/2026 | Price change | $225,000+20%$98/sqft |
Source: | ||
| 11/20/2025 | Price change | $187,500-1.3%$82/sqft |
Source: | ||
| 11/10/2025 | Price change | $189,900-0.6%$83/sqft |
Source: | ||
| 9/25/2025 | Price change | $191,000-0.8%$83/sqft |
Source: | ||
| 9/9/2025 | Price change | $192,500-1.3%$84/sqft |
Source: | ||
| 8/6/2025 | Price change | $195,000-1.5%$85/sqft |
Source: | ||
| 7/12/2025 | Price change | $198,000-0.5%$86/sqft |
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| 6/21/2025 | Price change | $199,000-0.5%$87/sqft |
Source: | ||
| 6/10/2025 | Price change | $199,900-18.4%$87/sqft |
Source: | ||
| 6/2/2025 | Price change | $245,000-1%$107/sqft |
Source: | ||
| 5/15/2025 | Price change | $247,500-0.6%$108/sqft |
Source: | ||
| 4/24/2025 | Price change | $249,000-0.3%$108/sqft |
Source: | ||
| 3/28/2025 | Price change | $249,700-0.1%$109/sqft |
Source: | ||
| 3/15/2025 | Listed for sale | $249,900$109/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 53813
Nearby schools
GreatSchools rating
- 9/10Winskill Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 7/10Lancaster Middle SchoolGrades: 6-8Distance: 0.5 mi
- 5/10Lancaster High SchoolGrades: 9-12Distance: 0.6 mi
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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