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226-234 Whittier Drive S, 
Lancaster, OH 43130

$3,450,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Jonathan Lorenz

Lim Realty Group

614-456-7365

Last updated:

July 14, 2025, 03:06 PM

MLS#

225023675

Source:

OH CBR

About This Home

226-234 Whittier Drive S

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.

Home Facts

Multi-Family

Built in 2024

Price Summary

3,450,000

MLS #:

225023675

Last Updated:

July 14, 2025, 03:06 PM

Added:

21 day(s) ago


Structure

Structure

Year Built:

2024


Lot

Lot Size (Sq. Ft):

55,756


Finances & Disclosures

Finances

Price:

$3,450,000

Source:OH CBR
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Coldwell Banker Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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