$215,000

3 Beds 3 Baths 2,300 Sqft

217 W Cherry St, Lancaster, WI 53813

Property Type: Multi-Family
Building Type: 2 Story
Time on Market: 443 days
Price per Sqft: $93
Total Taxes: $1,339
Est. Age: 21+ Years

Description

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. The entire building is Vacant at the present time. 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 ba, currently vacant. All appl are incl. Rents have been $650-comm unit. $800-effic unit & $1000-1 bd unit. Seller pays utilities. Fl basement for storage.

Unit Breakdown

Unit Beds Full Baths Half Baths Sq Ft
Unit 1 1 1 0 1000
Unit 2 1 1 0 900
Unit 3 1 1 0 400

Property Details

Interior

Basement:
  • Full, Sump Pump
Baths:
  • Full Baths: 3
Heating/Cooling:
  • Forced Air
Heat Fuel:
  • Natural Gas
Sqft:
  • Total Sqft: 2,300

Exterior

Acreage:
  • Source: Assessor/Public Record
Exterior:
  • Brick
Parking:
  • Details: Outside
Water:
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

New Construction:
  • N
Postal:
  • Code: 53813
Street:
  • Direction Prefix: W
  • Name: Cherry St
Tax Year:
  • 2024
Value Range:
  • Pricing: N
Zoning:
  • res/comm

Map

Listing Agent-Provided Directions:
  • Downtown Lancaster, just off the square

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Schools and Neighborhood

Elementary School:
  • Call School District
Middle School:
  • Lancaster
High School:
  • Lancaster
School District:
  • Lancaster
Postal City:
  • Lancaster
Municipality:
  • Name: LANCASTER
  • Type: City
County:
  • GRANT

Market Comparison

How this property compares to local market averages — calculated 6/2/2026

This Property
Lancaster Multi Family Home Avg
Grant County Multi Family Home Avg
List Price
$215,000
$231,500
$246,750
Median Price
—
$231,500
$231,500
Price / Sq Ft
$93
$0
$0
Days on Market
443 days
236 days
141 days
Total Listings
—
2
4

Listing Information

  • Time on Market: 443 days
  • Place Perfect Last Updated: 2026-05-20 18:58:50
  • MLS Number: 1995302
  • Subsystem Locale: WIREX_SCW
  • Listing Office: RE/MAX Preferred
  • Listing Agent: Scott Schroeder

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