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Downtown Lancaster Multifamily Homes & Duplexes for Sale

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    $895,000

    • Studio
    • 1,528 Sq Ft

    12 S Queen St, Lancaster, PA 17603

    Discover a unique investment opportunity in the heart of Lancaster. This well-maintained 4-unit property features two spacious 2-bedroom apartments and two commercial spaces, all occupied by long-term tenants. Apt 1 rents for $1,200 Apt #2 rents for $1,200. Tenants own ALL appliances. Apartments have hot water heat with window a/c units. First National Bank has an ATM and rents for $1,916.

    Randal Kline Kingsway Realty - Ephrata

    12 S Queen St, Lancaster, PA 17603
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    $575,000 Coming Soon

    • Studio
    • 3,217 Sq Ft

    257 W King St, Lancaster, PA 17603

    Welcome to 257 W King Street—a rare historic gem in Lancaster City's Downtown Business District! One of only three remaining commercial buildings in the city showcasing the striking Second Gothic Revival architectural style. With an exquisitely preserved, richly ornate brick façade dating back to circa 1898, this iconic structure once belonged to prominent jeweler and developer Henry Zahm Rhoades

    Ada Rivera Home 1st Realty

    257 W King St, Lancaster, PA 17603

Why Live in Downtown Lancaster

Downtown Lancaster is a vibrant neighborhood known for its rich history and diverse community. The 290-year-old Lancaster Central Market is a focal point, featuring long-standing vendors and new culinary offerings like Homage: Cuisines of the West African Diaspora. Nearby, the Southern Market Lancaster has been transformed into a bustling food hall with global flavors. For dining and entertainment, Cabalar offers sandwiches made from on-site butchered meat, while Decades combines food with retro arcade games and cocktails. The 300 block of North Queen Street is a hub for unique local shops and artisan stalls, such as Building Character. Residents enjoy various things to do, including events like Open Streets and First Fridays, which support the local arts and entrepreneurial scene. Parks like Binns Park, Musser, Culliton, and Buchanan Park provide green spaces, while Lancaster County Central Park offers extensive trails, a skate park, and camping. The neighborhood is pedestrian and bike-friendly, with wide sidewalks and bike lanes, though public transit is limited. Commuters benefit from the nearby Amtrak station, and Lancaster Airport is just 6 miles away. The School District of Lancaster serves the area, with highly rated private and parochial schools available. Housing options range from Victorian-era rowhouses to modern condos, reflecting the neighborhood's mix of historic charm and contemporary living.

Home Trends in Downtown Lancaster, PA

Housing Trends

Median Sale Price
$255,000
Median Single Family Sale Price
$265,000
Median Townhouse Sale Price
$2,295,000
Median 2 Bedroom Sale Price
$695,000
Average Price Per Sq Ft
$300
Number of Homes for Sale
11
Last 12 months Home Sales
7
Months of Supply
18.90
Median List Price
$600,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-16%
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