1. Ohio
2. Lancaster
3. 226-234 Whittier Drive S

226-234 Whittier Drive S, Lancaster, OH 43130

Property Description

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.

Listing Status:

Active

Date Added:

June 27, 2025 at 05:00AM

Listing Office:

Lim Realty Group : 614-456-7365

Listing Agent:

Jonathan Lorenz : 614-517-4590

MLS ID:

225023675

Interior

• A/C: Central Air
• Heating: Forced Air

Exterior

Location

Lot

Utilities

Financial

This listing courtesy of Jonathan Lorenz, Lim Realty Group