Victorian 4-Unit Multifamily
New
For Sale
$379,900
301 CHESTNUT Street, Columbia, PA 17512
Multi-Family, COLUMBIA, PA
Property Size2,436 SF
Lot Size0.08 Acres
Price / SF$155.95
Days on Market3
Property Features for 301 CHESTNUT Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement
Parking features
On Street
Elementary school district
COLUMBIA BOROUGH
Middle school district
COLUMBIA BOROUGH
High school district
COLUMBIA BOROUGH
Standard status
Active
Size
2,436 SF
Lot size
0.08 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
5250
Utilities
Heating system
Baseboard, Electric (Heating)
Amenities
wraparound porch
Building Details
Year built
1850
Number of units
4
Building materials
Brick, Masonry
Architectural style
Victorian
Listing Agency:
Kingsway Realty - Lancaster
(717) 569-8701
Listed By:
Chris Beiler · License #RS330808
(717) 201-0838
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 28 at 10:06AM
MLS# PALA2097830
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.
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Investment Insights
Based on property information with market context.
This 2,436-square-foot, four-unit multifamily property dates to 1850 and has a Victorian design with brick and masonry construction. A mansard roof, tall windows, and a wraparound porch distinguish the exterior. The building includes a basement, with electric baseboard heating and on-street parking.
The property occupies a 0.08-acre corner parcel at Chestnut Street in Columbia, Pennsylvania. All four apartments are currently occupied and the building is professionally managed.
The property occupies a 0.08-acre corner parcel at Chestnut Street in Columbia, Pennsylvania. All four apartments are currently occupied and the building is professionally managed.
Key Highlights
- Four‑unit multifamily property with all apartments occupied
- 2,436 square feet on a 0.08‑acre parcel
- Built in 1850 with Victorian architecture
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,210
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,200
$544.2K
Cap Rate 7%
$388,714
$388.7K
Cap Rate 9%
$302,333
$302.3K
Market Conditions
NOI Build-Up for 2,436 SF
Gross rent
$39.5K $16.20/SF
− Vacancy
−$592 −$0.24/SF
EGI
$38.9K $15.96/SF
− OpEx
−$11.7K −$4.79/SF
NOI
$27.2K $11.17/SF
Area
Lancaster County, PA
Vacancy
1.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$544,200
Cap Rate 7%
$388,714
Cap Rate 9%
$302,333
Alternative Uses
Best Use
Multifamily LT 5
$388.7K
$340.1K – $453.5K
NOI $27,210 @ 7.0% cap · market cap 7.16%
Second Best
Apartment 5plus
$342.8K
$300.0K – $399.9K
NOI $23,996 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$816.3K
$714.3K – $952.4K
NOI $57,142 @ 7.0% cap · market cap 15.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
692
Businesses Nearby
Explore this area
Business Placement
Demographics for 17512, PA
18,267
Population
8,255
Households
2.2
Avg Household Size
42
Median Age
23%
College-Educated
86%
High-School Grad
16.0 sq mi
ZIP Area
1,142
Density / Sq Mi
$61,130
Median Household Income
$42,702
Median Earnings
$1,067
Median Rent
$221,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied apartments provide an established rental configuration in a brick building with a wraparound porch.
Where is this quadplex located?
The property is located at 301 CHESTNUT Street Columbia, PA.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: Four‑unit multifamily property with all apartments occupied; 2,436 square feet on a 0.08‑acre parcel; Built in 1850 with Victorian architecture
