4-Unit Brick Apartment
For Sale
$535,000
61-63 SPENCER, Lancaster, PA 17603
Multi-Family, LANCASTER, PA
Property SizeContact for details
Lot Size0.21 Acres
Days on Market105
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
Additional Details
Tenant in Place
Yes
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.
(717) 843-5555
Listed By:
Joshua Miller · License #RS365967
(717) 383-6647
Added: Jul 20
Changed: Oct 29
Last Checked: Nov 1 at 11:06AM
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.
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Investment Insights
Based on property information with market context.
This four-unit brick apartment property was built in 1920 and is fully leased. Its residences include one four-bedroom, one-bathroom unit, one two-bedroom, one-bathroom unit, and two one-bedroom, one-bathroom units. Central air serves the building, and washer and dryer hookups are provided. Basement space is also present.
The property occupies a 0.21-acre lot in Lancaster Township. Parking is available both on the street and off street. The established residential setting is near Franklin & Marshall College and downtown Lancaster, with access to Routes 30 and 501.
The property occupies a 0.21-acre lot in Lancaster Township. Parking is available both on the street and off street. The established residential setting is near Franklin & Marshall College and downtown Lancaster, with access to Routes 30 and 501.
Key Highlights
- Four‑unit building with one four‑bedroom, one‑bathroom residence, one two‑bedroom, one‑bathroom residence, and two one‑bedroom, one‑bathroom residences
- Fully leased
- Brick construction; built in 1920
Property Analytics
Who owns this building?
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Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
721
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residences are fully leased, with a mix ranging from one to four bedrooms.
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‑unit building with one four‑bedroom, one‑bathroom residence, one two‑bedroom, one‑bathroom residence, and two one‑bedroom, one‑bathroom residences; Fully leased; Brick construction; built in 1920
