$415,000
SOLD DEC 12, 2025
-- Bed
-- Bath
2,461 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$169 Per Sq Ft

1% Below List Price

7 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Hot Water Baseboard Heater
  • Traditional Architecture
  • Electric Baseboard Heater
  • 5-minute walk to Reservior Park

About This Home

As of December 2025

Great investment opportunity on the East Side of Lancaster City. This four unit comes turnkey and ready to make money on the first day, as it is fully occupied with a management company in place. The rental license is good through 2027, and can be transferred to the new owners.

Last Agent to Sell the Property

Christopher Beiler

(717) 201-0838 thechrisbeilerteam@gmail.com Kingsway Realty - Lancaster License #RS330808 Listed on: 10/23/2025

Last Buyer's Agent

Wendell Huyard

(717) 629-2227 wendell@huyardteam.com Coldwell Banker Realty License #RS298371

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,550

Year Built

  • Built in 1940

Lot Details

  • 2,178 Sq Ft Lot
  • Back Yard
  • Property is in average condition

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Foundation
  • Plaster Walls
  • Architectural Shingle Roof
  • Masonry

Interior Spaces

  • City Views

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Rear Basement Entry

Location

  • Urban Location

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Electric Baseboard Heater
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for heater maintenance contract, lawn/shrub care, sewer, sewer maintenance, trash collection, water
  • Assessor Parcel Number 337-59649-0-0000

Community Details

Overview

  • 4 Units
  • 3-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $1,684
  • Maintenance Expense $822
  • Manager Expense $2,929
  • Other Expense $1,736
  • Net Operating Income $21,889

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,550

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Other Expense: 1736.00
  • Expected On Market: 10/23/2025 12:00:00 AM
  • Year Built: 1940
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Flooring Type: Ceramic Tile, Hardwood, Laminate Plank, Vinyl
  • Fireplace: No
  • Wall Ceiling Types: Plaster Walls
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Rear Entrance, Unfinished, Walkout Stairs
  • Total Sq Ft: 3175
  • Living Area Sq Ft: 2461
  • Price Per Sq Ft: 170.62
  • Above Grade Finished Sq Ft: 2461
  • Below Grade Sq Ft: 714
  • Total Below Grade Sq Ft: 714
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Masonry
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Architectural Shingle
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Baseboard - Electric, Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Professional Management Expense: 2929.00

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Rear Yard
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Property Condition: Average
  • Zoning: R-4
  • Zoning Description: High Density Residential

Rental Info

  • Existing Lease Type: Month To Month
  • Number Of Units Month To Month: 4
  • Owner Pays: Heater Maintenance Contract, Lawn/Shrub Care, Sewer, Sewer Maintenance, Trash Collection, Water
  • Total Actual Rent: 43800.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 2825.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 4550.00
  • Assessor Parcel Number: 337-59649-0-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Gross Income: 37470.00
  • Income Includes: Apartment Rentals
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: SCHOOL DISTRICT OF LANCASTER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2025
Closed on
Dec 10, 2025
Sold by
Demora William Benjamin
Bought by
Welsh Run Llc
Seller's Agent
Christopher Beiler
Kingsway Realty - Lancaster
Buyer's Agent
Wendell Huyard
Coldwell Banker Realty
List Price
$419,900
Sold Price
$415,000
Premium/Discount to List
-$4,900
-1.17%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-79.25%
Original Mortgage
$311,250
Outstanding Balance
$311,250
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$78,445

Purchase Details

Listed on
Oct 26, 2022
Closed on
Dec 30, 2022
Sold by
Prestige Real Estate Group Llc
Bought by
Demora William Benjamin
Seller's Agent
Christopher Beiler
Kingsway Realty - Lancaster
Buyer's Agent
Christopher Beiler
Kingsway Realty - Lancaster
List Price
$359,900
Sold Price
$359,900
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$269,925
Interest Rate
6.42%

Purchase Details

Listed on
Jul 10, 2019
Closed on
Nov 14, 2019
Sold by
Estrubhar Properties Llc
Bought by
Prestige Real Estate Group Llc
Seller's Agent
Pamela Carr
Keller Williams Elite
Buyer's Agent
Christopher Beiler
Kingsway Realty - Lancaster
List Price
$268,000
Sold Price
$216,000
Premium/Discount to List
-$52,000
-19.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.72%
Original Mortgage
$162,000
Interest Rate
3.65%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 19, 2018
Closed on
Oct 5, 2018
Sold by
Demarco Anthony J and Checchio Mary Anne
Bought by
Estrubhar Properties Llc
Seller's Agent
R. Ashley Brunner
LPT Realty, LLC
Buyer's Agent
Ervin Barkman
Kingsway Realty - Lancaster
List Price
$149,900
Sold Price
$160,620
Premium/Discount to List
$10,720
7.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.56%

Purchase Details

Closed on
Jan 11, 2008
Sold by
Kennel John A and Kennel Mildred M
Bought by
Demarco Anthony J and Checchio Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 1999
Sold by
Vanaulen Barry Lee and Koppenhaver April Melody
Bought by
Kennel John A and Kennel Mildred M
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 $415,000 Professional Settlement Servic
Deed $359,900 --
Deed $216,000 Regal Abstract Lancaster
Deed $160,620 None Available
Special Warranty Deed $120,000 None Available
Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $311,250 New Conventional
Previous Owner $269,925 No Value Available
Previous Owner $162,000 Future Advance Clause Open End Mortgage
Previous Owner $90,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/12/2025 12/12/25 Sold $415,000 -1.2% $169 / Sq Ft
10/30/2025 10/30/25 Pending -- -- --
10/23/2025 10/23/25 For Sale $419,900 +16.7% $171 / Sq Ft
12/30/2022 12/30/22 Sold $359,900 0.0% $146 / Sq Ft View Prior Sale
11/07/2022 11/07/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $359,900 +66.6% $146 / Sq Ft
11/15/2019 11/15/19 Sold $216,000 -10.0% $88 / Sq Ft View Prior Sale
09/27/2019 09/27/19 Pending -- -- --
08/27/2019 08/27/19 Price Changed $239,900 -7.7% $97 / Sq Ft
08/13/2019 08/13/19 Price Changed $259,900 -3.0% $106 / Sq Ft
07/10/2019 07/10/19 For Sale $268,000 +66.9% $109 / Sq Ft
10/16/2018 10/16/18 Sold $160,620 +7.2% $65 / Sq Ft View Prior Sale
09/24/2018 09/24/18 Pending -- -- --
09/19/2018 09/19/18 For Sale $149,900 -- $61 / 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 $4,388 $110,900 $19,800 $91,100
2024 $4,388 $110,900 $19,800 $91,100
2023 $4,314 $110,900 $19,800 $91,100
2022 $4,135 $110,900 $19,800 $91,100
2021 $4,046 $110,900 $19,800 $91,100
2020 $4,046 $110,900 $19,800 $91,100
2019 $3,986 $110,900 $19,800 $91,100
2018 $2,365 $110,900 $19,800 $91,100
2017 $3,440 $74,900 $15,200 $59,700
2016 $3,409 $74,900 $15,200 $59,700
2015 $1,330 $74,900 $15,200 $59,700
2014 $2,975 $74,900 $15,200 $59,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PALA2077966

Bright MLS

APN: 337-59649-0-0000