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Sold for $422,000 on 01/05/25
  • $422,000

    721 Zion Rd SE, Lancaster, OH 43130

    --beds
    0baths
    --sqft
    Mixed Use
    Built in 1986
    -- sqft lot
    $443,600 Zestimate®
    $--/sqft
    $1,370 Estimated rent

    Home value

    $443,600

    $355,000 - $555,000

    $1,370/mo

    Zestimate® history
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    $2,573/mo

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    What's special

    Excellent investment opportunity in Fairfield County! Located just a few minutes from downtown Lancaster, Fairfield Hospital, and tons of restaurants. The property (''Lot 1'' in photo 14) consists of 6 acres of land and 3 income producing rental units. There is also a pole building in decent shape, and a loafing shed. The large barn is in the process of being removed and would make a great spot to add a 4th rental to the brand new and upgraded septic system. This would also be an ideal property to start your own homestead. The three rentals homes are 748 sqft, 2 bedrooms and one bath each. Rents are currently below market and provide a monthly income of $2,300.

    Zillow last checked: 8 hours ago

    Listing updated: January 13, 2025 at 07:20am

    Listed by:

    Glen Whitten 419-790-3106,

    Ohio Property Group, LLC

    Bought with:

    Kimberly J Lawhorn, 443788

    RE/MAX ONE

    Source: Columbus and Central Ohio Regional MLS ,MLS#: 224042260MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced Air

    Property

    Lot
    • Size: 6 Acres
    Details
    • Parcel number: 0340032800

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    Condition
    • Year built: 1986

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Well
    • Utilities for property: Electricity Available

    Community & neighborhood

    Location
    • Region: Lancaster

    Price history

    DateEventPrice
    1/5/2025Sold$422,000+5.8%
    Source: Columbus and Central Ohio Regional MLS #224042260
    12/18/2024Contingent$399,000
    Source: Columbus and Central Ohio Regional MLS #224042260
    12/16/2024Listed for sale$399,000
    Source: Columbus and Central Ohio Regional MLS #224042260
    12/11/2024Contingent$399,000
    Source: Columbus and Central Ohio Regional MLS #224042260
    12/5/2024Listed for sale$399,000
    Source: Columbus and Central Ohio Regional MLS #224042260

    Public tax history

    Tax history is unavailable.

    Neighborhood: 43130

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $443,600

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $443,600