226-234 Whittier Drive S, Lancaster, OH 43130
Local realty services provided by:CENTURY 21 Premiere Properties
226-234 Whittier Drive S,Lancaster, OH 43130
$3,250,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jonathan lorenz
Office: lim realty group
MLS#:225023675
Source:OH_CBR
Price summary
- Price:$3,250,000
About this home
Whittier Townhomes - A rare opportunity to acquire a newly constructed, fully stabilized 12-unit multifamily community with a 100% property tax abatement in place through 2041. Current annual property taxes are just $1,278, significantly boosting net operating income, as any increase in taxable improvement value is fully abated. Completed in 2024, the community features a desirable unit mix of six 2-bed/2.5-bath townhomes (1,484 SF each) and six 3-bed/2.5-bath townhomes (1,729 SF each). All units are 100% leased, producing $20,828 in monthly gross income, with average rents of $1,667 for the 2-bed units and $1,805 for the 3-bed units. Each unit offers condo-quality finishes, open floor plans, attached garages, in-unit laundry, and private rear patios. The property is ideally situated along Lancaster's primary commercial corridor, providing residents with convenient access to retail, dining, schools, and daily necessities. Just 30 minutes southeast of downtown Columbus and immediately off US-33, Whittier Townhomes benefits from strong regional growth trends and increasing rental demand along this key Columbus to Lancaster corridor.
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Home facts
- Year built:2024
- Listing ID #:225023675
- Added:203 day(s) ago
- Updated:December 31, 2025 at 03:45 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:2024
- Lot area:1.28 Acres
Finances and disclosures
- Price:$3,250,000
- Tax amount:$1,278
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