$495,000
PENDING $70K PRICE INCREASE

154 W Main St Leola, PA 17540

Estimated payment $3,126/month

Total Views 2,928
Studio
-- Bath
3,300 Sq Ft
$150 Price per Sq Ft

Highlights

  • Window Unit Cooling System
  • More Than Two Accessible Exits
  • Radiator

About This Home

Rare 4-unit multifamily investment property in Leola, Lancaster County. The property is fully leased and consists of four 2-bedroom, 1-bath units, with two units located on the first floor and two units located on the second floor. Long-term tenant occupancy provides stable in-place income, with upside potential through rent increases and utility reimbursement implementation. Current gross annual income is approximately $44,160 with a current NOI of approximately $30,141. Pro forma gross annual income with modest rent increases is projected at approximately $46,200, with projected NOI increasing to approximately $39,346 annually following implementation of utility reimbursement fees and expense optimization. Located in a quiet residential setting within the Conestoga Valley School District in Upper Leacock Township, with convenient access to Lancaster and surrounding employment and retail corridors.

Listing Agent

Joshua Miller

(717) 843-5555 jmiller@bennettwilliams.com Bennett Williams Realty, Inc. Brokerage Phone: 7178435555 License #RS365967 Listed on: 05/11/2026

Bennett Williams Realty, Inc.

Co-Listing Agent

Thomas Troccoli

(717) 390-9858 info@bennettwilliams.com Bennett Williams Inc. Brokerage Phone: 7178435555 License #RS167691L

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,619

Year Built

  • Built in 1920

Home Design

  • 3,300 Sq Ft Home
  • Quadruplex
  • Frame Construction
  • Metal Siding

Parking

  • 12 Parking Spaces
  • 12 Off-Street Spaces

Utilities

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

Additional Features

  • More Than Two Accessible Exits
  • 18,295 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5619

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,619

Year Built

Built in 1920

Lot Details

0.42 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Foundation Details: Other
  • Total Sq Ft: 3300
  • Living Area Sq Ft: 3300
  • Price Per Sq Ft: 150.00
  • Above Grade Finished Sq Ft: 3300
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame, Metal Siding
  • 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: 12
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 12

Utilities

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

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.42
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 18295.20
  • Zoning: MIXED USE

Rental Info

  • Total Actual Rent: 44420.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5619.00
  • Assessor Parcel Number: 5619
  • Tax Year: 2026

MLS Schools

  • School District Name: CONESTOGA VALLEY

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,349 $262,600 $88,800 $173,800
2025 $5,248 $262,600 $88,800 $173,800
2024 $5,248 $262,600 $88,800 $173,800
2023 $5,140 $262,600 $88,800 $173,800
2022 $5,010 $262,600 $88,800 $173,800
2021 $4,832 $262,600 $88,800 $173,800
2020 $4,832 $262,600 $88,800 $173,800
2019 $4,727 $262,600 $88,800 $173,800
2018 $7,035 $262,600 $88,800 $173,800
2017 $3,935 $181,700 $31,500 $150,200
2016 $3,881 $181,700 $31,500 $150,200
2015 $988 $181,700 $31,500 $150,200
2014 $2,695 $181,700 $31,500 $150,200
Source: Public Records

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
06/05/2026 06/05/26 Pending -- -- --
05/11/2026 05/11/26 Price Changed $495,000 +16.5% $150 / Sq Ft
05/11/2026 05/11/26 For Sale $425,000 -- $129 / 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
Deed $255,000 None Available
Deed $175,500 --
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
Previous Owner $131,625 No Value Available
Source: Public Records

Source: Bright MLS

MLS Number: PALA2087744

Bright MLS

APN: 360-11328-0-0000

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