Duplex Investment Opportunity in Lancaster!! 422 424 E Fifth Avenue is a spacious two story duplex offering a total of 2,644 square feet and features two separate 3-bedroom units. Recent updates include new flooring in unit 424 kitchen/laundry/half bathroom and privacy fence.
Unit 424- 3 bedrooms and 1 full bath upstairs with 1/2 bath on the first floor. Tenant occupied- 1 year lease / 1,200 in rent. Washer and dryer are tenant owned.
Unit 422- 3 bedrooms and 1 full bathroom upstairs. Tenant occupied (been there ~4 years) month to month / 1,300 in rent. Stove, refrigerator, washer, and dryer are tenant owned.
Both units feature a nice sized living area, kitchen, and first floor laundry while on a crawl space.
The property is completely fenced and divided to provide privacy for both units. Convenient alley access to a shed and four parking spaces in the back. Parking in front of the property is available as well.
Tenants pay all utilities and are responsible for lawn care.
Get ready to add this to your rental portfolio!
For sale
$225,000
422 E 5th Ave, Lancaster, OH 43130
--beds
0baths
--sqft
Duplex
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 58 days
- 247
- 11
Zillow last checked:
Listing updated:
Listed by:
Nicole Barker 740-415-4545,
Key Realty
Source: Columbus and Central Ohio Regional MLS ,MLS#: 226034183
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced Air
Cooling
- Has cooling: Yes
Property
Lot
- Size: 7,405 Square Feet
Details
- Parcel number: 0533026800
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available, Sewer Available, Natural Gas Available, Electricity Available
Community & HOA
Location
- Region: Lancaster
Financial & listing details
- Tax assessed value: $201,650
- Annual tax amount: $2,517
- Date on market: 10/1/2026
- Listing terms: Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Listed for sale | $225,000 |
Source:  Columbus and Central Ohio Regional MLS #226034183 Report a problem | ||
| 9/24/2026 | Contingent | $225,000 |
Source: Columbus and Central Ohio Regional MLS #226034183 Report a problem | ||
| 9/19/2026 | Listed for sale | $225,000+99.1% |
Source: Columbus and Central Ohio Regional MLS #226034183 Report a problem | ||
| 8/10/2004 | Sold | $113,000+126% |
Source: Public Record Report a problem | ||
| 8/1/2003 | Sold | $50,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,517 +5.8% | $70,580 +12.5% |
| 2024 | $2,378 +0.6% | $62,710 |
| 2023 | $2,365 +2.1% | $62,710 |
| 2022 | $2,317 +18% | $62,710 +25.9% |
| 2021 | $1,964 -0.5% | $49,800 |
| 2020 | $1,974 +10.2% | $49,800 |
| 2019 | $1,791 +16.5% | $49,800 +24.2% |
| 2018 | $1,538 -0.1% | $40,110 -1.3% |
| 2017 | $1,539 +2.6% | $40,630 |
| 2016 | $1,499 +0.5% | $40,630 +3.6% |
| 2015 | $1,491 +4.9% | $39,220 |
| 2014 | $1,421 +0.5% | $39,220 |
| 2013 | $1,415 +11% | $39,220 |
| 2012 | $1,275 +12.1% | $39,220 +3.9% |
| 2011 | $1,137 +1.2% | $37,760 |
| 2010 | $1,123 +3.6% | $37,760 |
| 2009 | $1,084 -35.1% | $37,760 0% |
| 2008 | $1,671 +54.9% | $37,766 +0% |
| 2007 | $1,078 -8% | $37,765 +8.4% |
| 2006 | $1,172 +0.1% | $34,850 |
| 2005 | $1,171 +4.9% | $34,850 |
| 2004 | $1,116 +26.3% | $34,850 +16.1% |
| 2003 | $884 -0.3% | $30,027 |
| 2002 | $887 -0.2% | $30,027 |
| 2001 | $889 -0.6% | $30,027 +10.1% |
| 2000 | $894 | $27,283 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 43130
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