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217 W Cherry St, 
Lancaster, WI 53813

$186,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Scott Schroeder

RE/MAX Preferred

Last updated:

September 30, 2026, 03:22 PM

MLS#

1995302

Source:

WI WIREX SCW

About This Home

217 W Cherry St

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. 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 bath. All appl are incl. Rents have been $550-main level commercial unit. $500-upper efficiency unit & $600-1 bd upper unit. PLUS - Tenants pay $150/month toward the utilities, ($450/m total). Full basement for storage.

Home Facts

Multi-Family

Built in 1890

Price Summary

186,000

MLS #:

1995302

Last Updated:

September 30, 2026, 03:22 PM

Added:

1 year(s) ago

Structure

Structure

Year Built:

1890

Lot

Lot Size (Sq. Ft):

2,613

Finances & Disclosures

Finances

Price:

$186,000

Source:WI WIREX SCW
2026 Wisconsin Real Estate Exchange (WIREX) Information deemed reliable, but not guaranteed. This information, provided by seller, listing broker, and other parties, may not have been verified. Information is provided exclusively for consumers personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.