$525,000

400 E Maple St Palmyra, PA 17078

Estimated payment $3,307/month

Total Views 7,346
Studio
-- Bath
3,886 Sq Ft
$135 Price per Sq Ft

Highlights

  • 0.51 Acre Lot
  • Traditional Architecture
  • Electric Baseboard Heater
  • Palmyra Area Senior High School Rated A-
  • Window Unit Cooling System
  • 4-minute walk to Heritage Park

About This Home

Experience the perfect blend of character, cash flow, and opportunity with this stately detached brick mixed-use 4-unit property in the heart of Palmyra, PA. Situated on a spacious half-acre corner lot, this impressive investment features three residential apartments and one commercial storefront currently operating as a salon — creating multiple streams of income and long-term upside. The property currently generates $4,945 per month in rental income, making it an attractive option for seasoned investors, while the spacious layouts and flexible setup also create an excellent opportunity for an owner-occupant looking to offset living expenses with strong rental income. Inside, each unit offers its own separate entrance, generously sized rooms, and tasteful updates throughout. The residential mix includes one spacious 3-bedroom apartment and two well-appointed 2-bedroom apartments, all designed with comfortable living in mind. Outside, tenants and guests will appreciate the ample off-street parking and highly visible corner location. Whether you are looking to expand your portfolio, live in one unit while building equity, or own a versatile mixed-use asset in a growing community, this rare Palmyra property delivers both charm and performance.

Listing Agent

Kate Mardis

(717) 740-2221 contracts@ironvalleyrealestateoflancaster.com Iron Valley Real Estate of Lancaster Brokerage Phone: 7177402221 License #AB069756 Listed on: 05/26/2026

Iron Valley Real Estate of Lancaster

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,550

Year Built

  • Built in 1950

Lot Details

  • 22,216 Sq Ft Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Architectural Shingle Roof
  • Rubber Roof

Parking

  • 4 Parking Spaces
  • 4 Off-Street Spaces
  • On-Street Parking

Utilities

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

Additional Features

  • Finished Basement

Community Details

  • 4 Units
  • 2-Story Building

Listing and Financial Details

  • Assessor Parcel Number 16-2292250-357186-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,550

Year Built

Built in 1950

Lot Details

0.51 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: Tenant owned appliances and belongings
  • Inclusions: Washer, dryers and refrigerators
  • New Construction: No
  • Expected On Market: 5/26/2026 12:00:00 AM
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Fully Finished
  • Total Sq Ft: 3886
  • Living Area Sq Ft: 3886
  • Price Per Sq Ft: 167.30
  • Above Grade Finished Sq Ft: 3138
  • Below Grade Finished Sq Ft: 748
  • Total Below Grade Sq Ft: 748
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Sidewalks
  • Roof: Architectural Shingle, Rubber
  • 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: 4
  • Type Of Parking: Off Street, On Street
  • Off Street Parking Spaces: 4

Utilities

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

Lot Info

  • Lot Size Acres: 0.51
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 22215.60
  • Zoning: MIXED COMMERCIAL/RESIDENT
  • Zoning Description: Mixed Use

Rental Info

  • Lease Considered: No
  • Number Of Units Month To Month: 4
  • Rent Control: No
  • Total Actual Rent: 59340.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 3592.00
  • Tax Annual Amount: 5550.00
  • Assessor Parcel Number: 16-2292250-357186-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2026

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: PALMYRA AREA

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 $5,728 $197,900 $88,700 $109,200
2025 $5,655 $197,900 $88,700 $109,200
2024 $4,996 $197,900 $88,700 $109,200
2023 $601 $197,900 $88,700 $109,200
2022 $573 $197,900 $88,700 $109,200
2021 $533 $197,900 $88,700 $109,200
2020 $4,374 $197,900 $88,700 $109,200
2019 $4,280 $197,900 $88,700 $109,200
2018 $4,145 $197,900 $88,700 $109,200
2017 $1,227 $197,900 $88,700 $109,200
2016 $3,891 $197,900 $88,700 $109,200
2015 -- $197,900 $88,700 $109,200
2014 -- $197,900 $88,700 $109,200
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 Prior Sale
05/26/2026 05/26/26 For Sale $525,000 +22.1% $135 / Sq Ft
09/23/2022 09/23/22 Sold $429,900 0.0% $134 / Sq Ft View Prior Sale
08/06/2022 08/06/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $429,900 -- $134 / 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 $429,900 --
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 $422,112 FHA
Source: Public Records

About the Listing Agent

Kate Mardis

Iron Valley Real Estate of Lancaster

(223) 357-2730

Section Image

As a resident of Lancaster County her entire life, Kate has an extensive knowledge of the area market, which allows her to aid buyers and sellers through a smooth transaction process. She genuinely enjoys helping people buy and sell real estate in Lancaster County! She loves the beauty of this special area of Lancaster that we call “home.”

From the time she was 10 years old, her family owned a residential/commercial cleaning company named “Kate’s Cleaning.” Being raised in an

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Source: Bright MLS

MLS Number: PALN2026366

Bright MLS

APN: 16-2292250-357186-0000

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