128 E Main St Palmyra, PA 17078
Estimated payment $3,501/month
Total Views
8,334
--
Bed
--
Bath
6,321
Sq Ft
$79
Price per Sq Ft
Highlights
- Forced Air Heating and Cooling System
- Carpet
- 5-minute walk to Heritage Park
About This Home
Excellent Investment or Owner-User Opportunity in Palmyra! Situated along a main corridor with prime visibility and easy access, this versatile multi-unit commercial property offers over 6,000 square feet of usable space and a variety of income-producing options. The first floor includes over 2,000 SF of commercial space, currently set up for a single tenant but easily reconfigured to accommodate two separate businesses. Ideal for retail, office, or service-based uses, the layout supports flexibility for future tenants or owner use. Located in the Central Business District, this zoning supports a wide range of daily and regularly needed services—making it attractive for long-term commercial occupancy. The upper floors feature three residential apartments, providing built-in rental income, while four garage or storage bays offer additional leasing potential or convenient storage. A dedicated parking lot adds value for both residential and commercial tenants. Whether you're an investor seeking a well-located, multi-use asset or an owner-occupant looking to operate your business while generating additional income, this property offers the space, location, and zoning flexibility to meet your needs. Whether you're an investor looking to expand your portfolio or a business owner seeking space with built-in rental income, this property offers flexibility, visibility, and value in a prime location.
Listing Agent
Keller Williams Keystone Realty License #RS344091 Listed on: 06/25/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,225
Year Built
- Built in 1980
Lot Details
- 8,712 Sq Ft Lot
Home Design
- 6,321 Sq Ft Home
- Metal Roof
- Aluminum Siding
Flooring
- Carpet
- Vinyl
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Private Parking
- Paved Parking
- On-Street Parking
- Parking Lot
Utilities
- Forced Air Heating and Cooling System
- Hot Water Baseboard Heater
- 200+ Amp Service
- Natural Gas Water Heater
Community Details
- 3 Units
- 1 Vacant Unit
Listing and Financial Details
- Assessor Parcel Number 16-2291060-357346-0000
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,467 | $331,300 | $34,300 | $297,000 |
| 2024 | $8,364 | $331,300 | $34,300 | $297,000 |
| 2023 | $755 | $331,300 | $34,300 | $297,000 |
| 2022 | $720 | $331,300 | $34,300 | $297,000 |
| 2021 | $669 | $331,300 | $34,300 | $297,000 |
| 2020 | $7,323 | $331,300 | $34,300 | $297,000 |
| 2019 | $7,165 | $331,300 | $34,300 | $297,000 |
| 2018 | $6,938 | $331,300 | $34,300 | $297,000 |
| 2017 | $2,055 | $331,300 | $34,300 | $297,000 |
| 2016 | $6,514 | $331,300 | $34,300 | $297,000 |
| 2015 | -- | $331,300 | $34,300 | $297,000 |
| 2014 | -- | $331,300 | $34,300 | $297,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2025 08/11/25 | Price Changed | $499,000 | -3.1% | $79 / Sq Ft |
| 08/01/2025 08/01/25 | Price Changed | $515,000 | -5.5% | $81 / Sq Ft |
| 07/21/2025 07/21/25 | Price Changed | $545,000 | -0.9% | $86 / Sq Ft |
| 06/25/2025 06/25/25 | For Sale | $550,000 | -- | $87 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $340,000 | None Listed On Document | |
| Deed | $340,000 | None Listed On Document | |
| Special Warranty Deed | $404,186 | Os National Llc | |
| Deed | $450,000 | Edge Abstract Independence L |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $40,000 | Seller Take Back | |
| Closed | $40,000 | Seller Take Back | |
| Open | $385,000 | Construction | |
| Closed | $385,000 | Construction | |
| Previous Owner | $766,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $63,000 | Credit Line Revolving |
Source: Public Records
Similar Home in Palmyra, PA
Source: Bright MLS
MLS Number: PALN2021392
APN: 16-2291060-357346-0000
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