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Four-Unit Apartment Property
New
For Sale
$500,000

24-26 SCHOOL Drive, Leola, PA 17540

Multi-Family, LEOLA, PA

Property Size4,944 SF
Lot Size0.96 Acres
Price / SF$101.13
Days on Market2

Property Features for 24-26 SCHOOL Drive

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Rooms Basement
Parking 12
Parking features Garage - Attached, Driveway
Elementary school district CONESTOGA VALLEY
Middle school district CONESTOGA VALLEY
High school district CONESTOGA VALLEY
Standard status Active
Size 4,944 SF
Lot size 0.96 Acres

Taxes and HOA fees

Tax Annual Amount 10200

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1991
Number of units 4
Building materials Brick, Vinyl Siding
Architectural style Other
Listing Agency: Kingsway Realty - Ephrata
Listed By: Curvin Horning · License #RS298095
Added: Oct 9 Last Checked: Oct 10 at 10:06AM
MLS# PALA2096708

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1991 four-unit property contains 4,944 square feet on a 0.96-acre rural parcel. Each apartment has a kitchen, dining area, living room, two bedrooms, one-and-a-half bathrooms, and laundry. Separate basements and attached one-car garages serve the units. The building has brick and vinyl siding, insulated windows, forced-air heat, and central air conditioning. Public gas, water, and sewer are available, with an additional 20-by-17-foot utility shed on site.

The parcel includes level macadam parking, landscaped grounds, mature shade trees, and a side yard. Routes 772, 23, 340, and 222 provide nearby road access; Brownstown, Bareville, and New Holland are described as minutes away.

Key Highlights

  • Four apartments, each with two bedrooms and one‑and‑a‑half bathrooms
  • 4,944 square feet on a 0.96‑acre parcel
  • Each unit has a separate basement and attached one‑car garage

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

236
Businesses Nearby

Demographics for 17540, PA

10,821
Population
4,068
Households
2.7
Avg Household Size
36
Median Age
30%
College-Educated
79%
High-School Grad
20.9 sq mi
ZIP Area
518
Density / Sq Mi
$83,229
Median Household Income
$46,756
Median Earnings
$1,329
Median Rent
$319,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Each residence includes two bedrooms, laundry, central air conditioning, and an attached garage.
Where is this quadplex located?
The property is located at 24-26 SCHOOL Drive Leola, PA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Four apartments, each with two bedrooms and one‑and‑a‑half bathrooms; 4,944 square feet on a 0.96‑acre parcel; Each unit has a separate basement and attached one‑car garage
More about this property
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