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4-Unit Brick Quadplex
For Sale
$535,000

61-63 SPENCER, Lancaster, PA 17603

Multi-Family, LANCASTER, PA

Property SizeContact for details
Lot Size0.21 Acres
Days on Market83

Property Features for 61-63 SPENCER

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Rooms Basement
Parking features On Street, Off Street
Appliances Washer/Dryer Hookups Only
Subdivision HAMILTON PARK
Elementary school district SCHOOL DISTRICT OF LANCASTER
Middle school district SCHOOL DISTRICT OF LANCASTER
High school district SCHOOL DISTRICT OF LANCASTER
Standard status Active
Lot size 0.21 Acres

Taxes and HOA fees

Tax Annual Amount 7139

Utilities

Heating system Other (Heating)
Cooling system Central Air

Building Details

Year built 1920
Number of units 4
Building materials Brick
Architectural style Other
Listing Agency: Bennett Williams Realty, Inc.
Listed By: Joshua Miller · License #RS365967
Added: Jul 20 Changed: Oct 8 Last Checked: Oct 10 at 3:06PM
MLS# PALA2091902

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.

Built in 1920, this brick quadplex contains four apartments: one four-bedroom unit, one two-bedroom unit, and two one-bedroom units. All are leased. The property has central air conditioning, a basement, washer/dryer hookups, and both on-street and off-street parking. The site comprises 0.21 acres.

In Lancaster Township, the property is south of Franklin & Marshall College and a short distance from downtown Lancaster. Routes 30 and 501 provide regional access. The surrounding context includes residential streets, downtown restaurants, retail, and employers.

Key Highlights

  • Four leased units: one 4‑bedroom, one 2‑bedroom, and two 1‑bedroom apartments
  • Brick construction; built in 1920
  • 0.21‑acre site in Lancaster Township

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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
100%
Occupancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

721
Businesses Nearby

Demographics for 17603, PA

66,739
Population
28,142
Households
2.4
Avg Household Size
37
Median Age
37%
College-Educated
90%
High-School Grad
30.0 sq mi
ZIP Area
2,225
Density / Sq Mi
$77,156
Median Household Income
$40,043
Median Earnings
$1,265
Median Rent
$244,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Fully leased residential property with a varied unit mix and central air conditioning.
Where is this quadplex located?
The property is located at 61-63 SPENCER Lancaster, PA.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: Four leased units: one 4‑bedroom, one 2‑bedroom, and two 1‑bedroom apartments; Brick construction; built in 1920; 0.21‑acre site in Lancaster Township
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