$474,900
$25K PRICE DROP

Estimated payment $3,139/month

Total Views 4,513
Studio
-- Bath
3,900 Sq Ft
$122 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Radiator
  • 5-minute walk to Musser Park
  • Window Unit Cooling System

About This Home

***6 Mostly Tenant-Occupied Downtown Lancaster Properties Just Listed. Offered for sale individually or as a full investment portfolio: 2-UNIT 241 N FRANKLIN ST. $224,900. // SOLD, 1-UNIT 243 N FRANKLIN ST. $210,000., 3-UNIT 152 E WALNUT ST. $474,900., 1-UNIT 40 N PLUM ST. $229,900., 2-UNIT 145 E CHESTNUT ST. $549,900, 3-UNIT + GARAGE 404 W ORANGE ST. $349,900. // SOLD*** This end-of-row property features a solid brick construction, ensuring durability and low maintenance. Each of the 3 floors has a 1-bedroom unit with full bathroom featuring clawfoot tubs, and a good-sized living room and separate kitchen. Preserved original millwork and custom built-ins throughout. Each floor has backyard access! With a full basement, the possibilities for additional storage or rental space are endless. New Roof 2024 and Whole House Repaint 2020. Situated on a 0.07-acre lot, this property offers off-street parking for up to 5 vehicles (2 on the side and 3 in the back), a significant advantage in maximizing rental income. The traditional architectural style adds character, appealing to a wide range of tenants. Investors will appreciate the potential for strong cash flow in a growing market. With no pool or extensive amenities to maintain, your focus can remain on maximizing returns. The property's strategic location enhances its desirability, making it an ideal addition to your portfolio. Seize this opportunity to invest in a property that combines historical charm with modern potential-your next successful venture awaits!

Listing Agent

Kate Bailey

(610) 363-6006 shammond@cbpref.com Coldwell Banker Realty Brokerage Phone: 6103636006 License #RS320338 Listed on: 05/13/2026

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,429

Year Built

  • Built in 1900

Lot Details

  • 3,049 Sq Ft Lot

Home Design

  • Triplex
  • Traditional Architecture
  • Stone Foundation
  • Masonry

Interior Spaces

  • 3,900 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • 5 Parking Spaces
  • 5 Off-Street Spaces

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 336-73081-0-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,429

Year Built

Built in 1900

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Inclusions: WASHERS, DRYERS, REFRIGERATORS
  • New Construction: No
  • Expected On Market: 5/13/2026 12:00:00 AM
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 3900
  • Living Area Sq Ft: 3900
  • Price Per Sq Ft: 121.77
  • Above Grade Finished Sq Ft: 3900
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 5

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3049.00
  • Zoning: 115 RES 3-FAM

Rental Info

  • Existing Lease Type: Month To Month, Yearly, Gross
  • Number Of Units Month To Month: 2
  • Owner Pays: Trash Collection
  • Total Actual Rent: 40000.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • School Tax: 4581.00
  • Tax Annual Amount: 7429.00
  • Assessor Parcel Number: 336-73081-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2026

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 3

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Map

Range of Values:

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Value Increase
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Percent Increase
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
2026 $7,190 $179,800 $35,300 $144,500
2025 $7,115 $179,800 $35,300 $144,500
2024 $7,115 $179,800 $35,300 $144,500
2023 $6,995 $179,800 $35,300 $144,500
2022 $6,704 $179,800 $35,300 $144,500
2021 $6,560 $179,800 $35,300 $144,500
2020 $6,560 $179,800 $35,300 $144,500
2019 $6,462 $179,800 $35,300 $144,500
2018 $3,835 $179,800 $35,300 $144,500
2017 $4,612 $100,400 $21,600 $78,800
2016 $4,569 $100,400 $21,600 $78,800
2015 $1,783 $100,400 $21,600 $78,800
2014 $3,988 $100,400 $21,600 $78,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2026 05/21/26 Price Changed $474,900 -5.0% $122 / Sq Ft
05/13/2026 05/13/26 For Sale $499,900 -- $128 / Sq Ft
Source: Bright MLS

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
Interfamily Deed Transfer $196,000 None Available
Deed $119,900 --
Deed $76,000 --
Source: Public Records

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 $107,910 Fannie Mae Freddie Mac
Previous Owner $60,800 No Value Available
Source: Public Records

Source: Bright MLS

MLS Number: PALA2087002

Bright MLS

APN: 336-73081-0-0000

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