217 W Cherry St, Lancaster, WI, 53813
About This Home
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. The entire building is Vacant at the present time. 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 ba, currently vacant. All appl are incl. Rents have been $650-comm unit. $800-effic unit & $1000-1 bd unit. Seller pays utilities. Fl basement for storage.
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: 21+ Years
- Year built: 1890
Materials
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Full,Sump Pump
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Heating features: Natural Gas,Forced Air
Interior Area
- Total structure area: 2,300
- Total interior livable area: 2,300 sqft
Property
Details
- Parcel number: 246001810000
- Zoning: res/comm
- Exclusions: Personal Property Of Seller
Features
- Levels: Two
- Stories: 2
Lot
- Lot size: 2,613 sqft
Parking
- Parking features: Outside
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hail
- Lightning
- Strong Wind
- Tornado
- Heat Wave
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $960 | $11,520 |
| Home Insurance * | $140 | $1,680 |
| Property Taxes | $189 | $2,268 |
| Electricity | $216 | $2,593 |
| Total | $1,505 | $18,060 |
Income You'd Need if You Spent...
Wisconsin FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-29 | Price change | $217,500 |
| 2026-04-13 | Price change | $219,000 |
| 2026-03-30 | Price change | $219,900 |
| 2026-02-25 | Price change | $222,500 |
| 2026-01-24 | Price change | $225,000 |
| 2025-11-20 | Price change | $187,500 |
| 2025-11-10 | Price change | $189,900 |
| 2025-09-25 | Price change | $191,000 |
| 2025-09-09 | Price change | $192,500 |
| 2025-08-06 | Price change | $195,000 |
| 2025-07-12 | Price change | $198,000 |
| 2025-06-21 | Price change | $199,000 |
| 2025-06-10 | Price change | $199,900 |
| 2025-06-02 | Price change | $245,000 |
| 2025-05-15 | Price change | $247,500 |
| 2025-04-24 | Price change | $249,000 |
| 2025-03-28 | Price change | $249,700 |
| 2025-03-15 | Listed for sale | $249,900 |
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