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    Lancaster, PA Apartment Buildings for Sale

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    14 properties
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    Renovated Five-Unit Apartment Building
    Updated: Sep 8
    Renovated Five-Unit Apartment Building

    449 W KING Street, Lancaster, PA 17603

    $1,225,500
    4,878 sqft 0.18 AC lot
    Five‑unit apartment building totaling 4,878 square feet
    Renovated in 2022 with interior and exterior improvements
    Private parking lot with 14 spaces on a 0.18‑acre parcel
    Seven parking spaces leased separately; five spaces assigned to apartments
    Individual HVAC systems, central air, on‑site laundry, and separated utilities
    View details
    5-Unit Apartment Building
    Updated: Sep 8
    5-Unit Apartment Building

    1250 NEW DANVILLE Pike, Lancaster, PA 17603

    $699,900
    3,637 sqft 1.70 AC lot
    Five occupied apartment units with professional management
    Five‑unit storage shed included
    3,637 square feet on 1.7 acres
    Built in 1890 with basement space
    Electric baseboard heating and driveway parking
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    Mixed-Use Property with Laundromat
    Mixed-Use Property with Laundromat

    352 E NEW Street, Lancaster, PA 17602

    $675,000
    4,392 sqft 0.07 AC lot

    Brick corner property combines apartments with operating laundry and restaurant components in a compact urban setting.

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    Renovated Multifamily Property
    Renovated Multifamily Property

    19 & 25 S ANN STREET, Lancaster, PA 17602

    $849,000
    5,151 sqft

    Licensed multifamily asset with renovated interiors, professional management, and shared kitchen and bath facilities.

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    11-Unit Apartment Building
    11-Unit Apartment Building

    233 W CHESTNUT Street, Lancaster, PA 17602

    $575,000
    3,672 sqft 0.10 AC lot

    Licensed residential property with updated interiors, forced-air heating, window-unit cooling, and on-street parking.

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    11-Unit Apartment Building
    11-Unit Apartment Building

    233 W CHESTNUT STREET, Lancaster, PA 17602

    $575,000
    4,356 sqft

    Licensed residential property with completed interior turnover and unit repairs in Lancaster’s west side.

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    Turnkey 5-Unit Apartment Building
    Turnkey 5-Unit Apartment Building

    449 W KING STREET, Lancaster, PA 17603

    $1,225,500
    4,878 sqft

    Turnkey fully occupied five-unit building with in-unit laundry, individual HVAC, and 12 parking spaces.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    1250 New Danville Pike, Lancaster, PA 17603

    $699,900
    3,637 sqft 1.70 AC lot

    Occupied apartments with professional management and a separate five-unit storage shed on a 1.7-acre property.

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    Renovated Apartment Building
    Renovated Apartment Building

    25 S ANN STREET, Lancaster, PA 17602

    $370,000
    1,652 sqft

    Brick rental property with flexible room and studio accommodations, shared baths, public utilities, and professional management.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    508 W CHESTNUT STREET, Lancaster, PA 17603

    $659,500
    3,692 sqft

    Well-maintained multifamily property near downtown Lancaster amenities and entertainment.

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    Multifamily Property with Parking
    Multifamily Property with Parking

    649-651 W CHESTNUT ST, Lancaster, PA 17603

    $795,000
    5,390 sqft

    Two buildings combine apartments with former office space and separately metered units.

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    31-Unit Apartment Portfolio
    31-Unit Apartment Portfolio

    20 South Prince Street, Lancaster, PA 17603

    Contact for pricing
    30,000 sqft 0.25 AC lot

    Six downtown buildings offer a varied residential mix with dedicated parking and proximity to Lancaster’s Central Business District.

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    Downtown Multifamily Apartment Building
    Downtown Multifamily Apartment Building

    417 East Frederick Street, Lancaster, PA 17602

    Contact for pricing
    47,697 sqft

    37-unit apartment community in Downtown Lancaster with multiple apartment layouts and current occupancy at 87%.

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    Renovated Six-Unit Apartment Building
    Renovated Six-Unit Apartment Building

    34 S Lime Street, Lancaster, PA 17602

    Contact for pricing

    Updated residences, building systems, and outdoor common space in downtown Lancaster near dining, retail, and cultural destinations.

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    Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 14 Active listings in Lancaster, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Six-Unit Apartment Building
    Six-Unit Apartment Building

    140 N 3RD Street, Columbia, PA 17512

    $625,000
    3,892 sqft 0.14 AC lot

    Three-story apartment property with separate kitchens and bathrooms, rear parking, and a courtyard.

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    Apartment Building for Residential Income
    Apartment Building for Residential Income

    162 E Market St, York, PA 17401

    $2,099,000
    18,000 sqft

    For sale apartment building configured for residential income use at 162 E Market St in York County.

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    Mixed-Use Retail and Multifamily
    Mixed-Use Retail and Multifamily

    700 W Market St, York, PA 17401

    $2,250,000

    Multi-tenant offering with 13 fully leased residential units and retail space that can be subdivided.

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    Mixed-Use Property in Downtown Columbia
    Mixed-Use Property in Downtown Columbia

    22 S 3rd St, Columbia, PA

    Contact for pricing
    4,280 sqft 0.10 AC lot

    Versatile investment opportunity with retail and residential units in Pennsylvania.

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    Off-Market Properties in Lancaster, PA

    Consider similar Off-Market properties in Lancaster, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    38 Walnut St
    APARTMENT HOUSE (UNDER 5 UNITS)

    38 Walnut St, Lancaster, PA 17602-5125

    Estimated value:
    $3,475,000
    10,060 sqft 0.07 AC lot
    View details
    708 Columbia Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    708 Columbia Ave, Lancaster, PA 17603-3635

    Estimated value:
    $165,000
    1,567 sqft 0.05 AC lot
    View details
    213 Jackson St
    APARTMENT HOUSE (UNDER 5 UNITS)

    213 Jackson St, Lancaster, PA 17603-2789

    Estimated value:
    $750,000
    1,368 sqft 0.21 AC lot
    View details
    491 Hershey Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    491 Hershey Ave, Lancaster, PA 17603

    Estimated value:
    $1,775,000
    14,932 sqft 4.08 AC lot
    View details
    1711 Lincoln E Hwy
    APARTMENT HOUSE (UNDER 5 UNITS)

    1711 Lincoln E Hwy, Lancaster, PA 17602-2668

    Estimated value:
    $425,000
    2,400 sqft 0.41 AC lot
    View details
    427 Pne St
    APARTMENT HOUSE (UNDER 5 UNITS)

    427 Pne St, Lancaster, PA 17603-3355

    Estimated value:
    $380,000
    2,916 sqft 0.03 AC lot
    View details
    523 Burnham Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    523 Burnham Ct, Lancaster, PA 17601-7403

    Estimated value:
    $900,000
    5,148 sqft 3.53 AC lot
    View details
    504 Alston Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    504 Alston Ct, Lancaster, PA 17601-7402

    Estimated value:
    $770,000
    5,148 sqft 4.96 AC lot
    View details
    49 Browning Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    49 Browning Rd, Lancaster, PA 17602-4054

    Estimated value:
    $515,000
    6,400 sqft 0.80 AC lot
    View details
    100 Chateau Hl
    APARTMENT HOUSE (UNDER 5 UNITS)

    100 Chateau Hl, Lancaster, PA 17602-7011

    Estimated value:
    $2,120,000
    16,276 sqft 24.74 AC lot
    View details

    Lancaster, PA Apartment Buildings Market Trends and Statistics

    Explore 30 apartment buildings for sale in Lancaster, PA, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 123,032 square feet of properties for sale, with an estimated market value of $8,349,300.

    Sale prices for apartment complexes in Lancaster, PA start at $370,000, averaging $759,027, and reaching up to $1,225,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 175K
    Population Growth (5Y) +4.0%
    Median Household Income $81,785
    College Educated 18.8%

    High-Yield Neighborhoods for Investment

    Identify Lancaster submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    17602 $608.8K
    17603 $889.2K

    Taxes & Financing

    Tax Rate (average for all types) 2.75%
    Property Tax per SF $25.11 per SF
    Tax Rate vs County Average 0.37 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lancaster County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lancaster fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Lancaster, PA

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    Featured Lancaster Real Estate Agencies

    Realmo connects you with licensed Lancaster CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    RE/MAX Associates of Lancaster
    500 Delp Road Lancaster, PA 17601
    Phone: 17175692222
    www.LancasterRMX.com
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