$420,000
SOLD APR 1, 2025

226 E Main St Palmyra, PA 17078

-- Bed
-- Bath
1,955 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$215 Per Sq Ft

7% Below List Price

9 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • 2 Car Detached Garage
  • Palmyra Area Senior High School Rated 9+
  • Attic
  • 4-minute walk to Heritage Park

About This Home

As of April 2025

Excellent investment opportunity on Main St. in Palmyra! Turn-key Quadplex plus garage. Close commute to Hershey - strong rental market. Property is in excellent condition - NEW ROOF a couple months old. Some new windows & exterior work has been completed. 2 Car Garage with Metal Roof plus off street parking on either side of garage. 4 units all occupied - three of which are long term tenants.

Last Agent to Sell the Property

Stephanie Torres

(717) 269-4566 stephtorresrealtor@gmail.com Contigo Real Estate License #RM425183 Listed on: 02/04/2025

Last Buyer's Agent

Kim Miller

(717) 657-4700 kim-miller@kw.com Keller Williams Realty License #RS362319

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,903

Year Built

  • Built in 1910

Lot Details

  • 10,454 Sq Ft Lot
  • Downtown Location
  • Level Lot
  • Property is in excellent condition

Parking

  • 2 Car Detached Garage
  • 2 Driveway Spaces
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Alley Access

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Stone Foundation
  • Composition Roof

Interior Spaces

  • 1,955 Sq Ft Home
  • Wood Flooring
  • Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Exterior Lighting
  • Porch

Schools

  • Palmyra Area Middle School
  • Palmyra Area High School

Utilities

  • Hot Water Heating System
  • 200+ Amp Service
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for all utilities
  • Assessor Parcel Number 16-2291365-357514-0000

Community Details

Overview

  • 4 Units
  • 2-Story Building
  • Palmyra Borough Subdivision

Building Details

  • Income includes laundry, parking, apartment rentals
  • Insurance Expense $1,944
  • Operating Expense $8,354

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,903

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: All tenant personal property.
  • Inclusions: 2 Washers, 2 Dryers
  • New Construction: No
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Interior Amenities: Attic, Wood Floors
  • Fireplace: No
  • Foundation Details: Stone, Block
  • Basement: Yes
  • Basement Type: Full, Interior Access, Unfinished
  • Total Sq Ft: 1955
  • Living Area Sq Ft: 1955
  • Price Per Sq Ft: 230.18
  • Above Grade Finished Sq Ft: 1955
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Garage(s)
  • Construction Materials: Brick
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Roof: Composite
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Private
  • Garage Features: Additional Storage Area, Oversized
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Detached Garage, Alley, Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • High School: PALMYRA AREA
  • Middle Or Junior School: PALMYRA AREA

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.24
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10454.00
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Excellent, Very Good, Good
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Month To Month, Yearly
  • Number Of Units Month To Month: 2
  • Owner Pays: All Utilities
  • Total Actual Rent: 45600.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 4701.00
  • Tax Annual Amount: 6903.00
  • Assessor Parcel Number: 16-2291365-357514-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Income Includes: Laundry, Parking, Apartment Rentals
  • Operating Expense: 8354.00

MLS Schools

  • School District Name: PALMYRA AREA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2025
Closed on
Apr 1, 2025
Sold by
Nhim Vanny and Nhim Lee
Bought by
Anto & Gian Llc
Seller's Agent
Stephanie Torres
Contigo Real Estate
Buyer's Agent
Kim Miller
Keller Williams Realty
List Price
$450,000
Sold Price
$420,000
Premium/Discount to List
-$30,000
-6.67%
Views
12
Current Estimated Value
$384,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,268
Avg. Annual Appreciation
-11.94%
Original Mortgage
$336,000
Outstanding Balance
$334,565
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$50,167
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Purchase History

Date Type Sale Price Title Company
Deed $420,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $336,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2025 04/01/25 Sold $420,000 -6.7% $215 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
02/04/2025 02/04/25 For Sale $450,000 +16.3% $230 / Sq Ft
09/18/2023 09/18/23 Sold $387,000 -3.0% $198 / Sq Ft View Prior Sale
08/18/2023 08/18/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $399,000 +22.4% $204 / Sq Ft
02/10/2022 02/10/22 Sold $326,100 +0.4% $88 / Sq Ft View Prior Sale
01/05/2022 01/05/22 Pending -- -- --
12/27/2021 12/27/21 For Sale $324,900 -- $88 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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
2025 $7,401 $259,000 $32,400 $226,600
2024 $6,538 $259,000 $32,400 $226,600
2023 $6,538 $259,000 $32,400 $226,600
2022 $3,427 $142,300 $26,200 $116,100
2021 $3,185 $142,300 $26,200 $116,100
2020 $3,145 $142,300 $26,200 $116,100
2019 $3,078 $142,300 $26,200 $116,100
2018 $2,980 $142,300 $26,200 $116,100
2017 $883 $142,300 $26,200 $116,100
2016 $2,798 $142,300 $26,200 $116,100
2015 -- $142,300 $26,200 $116,100
2014 -- $142,300 $26,200 $116,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALN2018652

Bright MLS

APN: 16-2291365-357514-0000