146 E Clay St Lancaster, PA 17602
Ross NeighborhoodEstimated payment $3,757/month
Highlights
- Curved or Spiral Staircase
- Main Floor Bedroom
- 1 Car Detached Garage
- Traditional Architecture
- Corner Lot
- Ductless Heating Or Cooling System
About This Home
Welcome to your next multi-family investment or house hack! This 4 unit building boasts 2,890 square feet and is in a prime location on the north side of Lancaster City. Units 1&2 are currently mid-term rentals, usually to traveling nurses or medical personnel looking for 1-6 month stays. The combination of updated condition and location close to LGH and only a short drive to Penn State Health makes these units desirable midterm rentals. Units 3&4 are long term rentals. 3 out of 4 units have been fully updated including vinyl plank flooring, kitchens and bathrooms. This is your opportunity to purchase a performing asset, current 11.3% cap rate! Monthly rental income averaged $5,667 in 2025 and $5,613 in 2026. The heating for each unit is separate and the electric is metered individually with a landlord meter for common areas. Here is the unit breakdown. Unit #1 is a one bed, one bath MTR at $1650 monthly rent. Unit #2 is a studio at $1650 monthly rent. Unit #3 is a 2 bed 1 bath LTR (with a spiral staircase!) at $1500 monthly rent. Unit #4 is a studio LTR at $955 monthly rent. The garage is rented at $150 monthly rent to a neighbor for storage. Their is a fenced-in backyard for the tenants to enjoy. Additional updates/maintenance include new hot water heaters for units 1&3, new heating element for unit 2, mini-splits for cooling in units 1&2, furnace serviced in December, 2025, brick was resealed May, 2025, new dryer November, 2025, repainted the siding red April, 2025, and quarterly pest control by Terminix. Whether you want to live in one unit and have the others cover your payment or purchase a performing rental asset, this is your opportunity. Schedule a showing today!
Listing Agent
(717) 735-2204 service@primehome-realestate.com Prime Home Real Estate, LLC Brokerage Phone: 7177352204 License #RS364449 Listed on: 07/23/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,871
Year Built
- Built in 1904
Lot Details
- 2,614 Sq Ft Lot
- Corner Lot
Parking
- 1 Car Detached Garage
- Public Parking
Home Design
- Quadruplex
- Traditional Architecture
- Brick Exterior Construction
- Brick Foundation
- Stone Foundation
- Masonry
Interior Spaces
- 2,890 Sq Ft Home
- Curved or Spiral Staircase
- Carpet
Bedrooms and Bathrooms
- Main Floor Bedroom
- Bathtub with Shower
- Walk-in Shower
Accessible Home Design
- More Than Two Accessible Exits
Utilities
- Ductless Heating Or Cooling System
- Window Unit Cooling System
- Radiator
- Heating System Uses Natural Gas
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 336-30856-0-0000
Community Details
Overview
- 4 Units
- 3-Story Building
Building Details
- Income includes apartment rentals
- Net Operating Income $50,962
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $6,650 | $166,300 | $23,100 | $143,200 |
| 2025 | $6,580 | $166,300 | $23,100 | $143,200 |
| 2024 | $6,580 | $166,300 | $23,100 | $143,200 |
| 2023 | $6,470 | $166,300 | $23,100 | $143,200 |
| 2022 | $6,200 | $166,300 | $23,100 | $143,200 |
| 2021 | $6,067 | $166,300 | $23,100 | $143,200 |
| 2020 | $6,067 | $166,300 | $23,100 | $143,200 |
| 2019 | $5,977 | $166,300 | $23,100 | $143,200 |
| 2018 | $3,547 | $166,300 | $23,100 | $143,200 |
| 2016 | $4,146 | $91,100 | $18,300 | $72,800 |
| 2015 | $1,617 | $91,100 | $18,300 | $72,800 |
| 2014 | $3,618 | $91,100 | $18,300 | $72,800 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/25/2026 07/25/26 | Pending | -- | -- | -- | |
| 07/23/2026 07/23/26 | For Sale | $599,900 | +44.6% | $208 / Sq Ft | |
| 10/17/2023 10/17/23 | Sold | $415,000 | -4.6% | $156 / Sq Ft | View Prior Sale |
| 08/15/2023 08/15/23 | Pending | -- | -- | -- | |
| 07/26/2023 07/26/23 | Price Changed | $435,000 | -3.3% | $163 / Sq Ft | |
| 06/30/2023 06/30/23 | For Sale | $450,000 | +21.6% | $169 / Sq Ft | |
| 07/30/2021 07/30/21 | Sold | $370,000 | -7.4% | $100 / Sq Ft | View Prior Sale |
| 05/24/2021 05/24/21 | Pending | -- | -- | -- | |
| 05/19/2021 05/19/21 | Price Changed | $399,500 | -3.7% | $108 / Sq Ft | |
| 05/10/2021 05/10/21 | Price Changed | $415,000 | -7.8% | $112 / Sq Ft | |
| 05/03/2021 05/03/21 | For Sale | $450,000 | +80.1% | $121 / Sq Ft | |
| 10/19/2017 10/19/17 | Sold | $249,900 | 0.0% | $116 / Sq Ft | View Prior Sale |
| 09/01/2017 09/01/17 | Pending | -- | -- | -- | |
| 08/25/2017 08/25/17 | For Sale | $249,900 | -- | $116 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $415,000 | None Listed On Document | |
| Deed | $370,000 | None Available | |
| Deed | $249,900 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $395,807 | FHA | |
| Previous Owner | $199,920 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $25,000 | Credit Line Revolving |
Source: Bright MLS
MLS Number: PALA2092072
APN: 336-30856-0-0000
Ask me questions while you tour the home.