Residential Income

Lancaster, PA Residential Income Properties for Sale

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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
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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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Five-Unit Mixed-Use Building
Five-Unit Mixed-Use Building

205 E KING Street, Lancaster, PA 17602

$1,025,000
3,049 sqft 0.07 AC lot

Brick property combines four residential units with a customizable ground-floor commercial space in downtown Lancaster.

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See what stands out in Lancaster County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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6-Unit Mixed-Use Property
6-Unit Mixed-Use Property

352 E New St, Lancaster, PA 17602

$675,000
4,392 sqft

Corner property combines apartments, a laundromat, and a restaurant within one commercial building.

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Two-Unit Mixed-Use Property
Two-Unit Mixed-Use Property

15 N LIME Street, Lancaster, PA 17602

$645,000
2,641 sqft 0.06 AC lot

Flexible commercial and residential layout with off-street parking in downtown Lancaster.

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Four-Unit Quadplex with Off-Street Parking
Four-Unit Quadplex with Off-Street Parking

19 & 23 NURSERY Lane, Lancaster, PA 17603

$625,000
1,680 sqft 0.23 AC lot

Income-producing residential property with separate entrances, a private driveway, and outdoor yard space.

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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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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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Duplex with Timber-Frame Barn
Duplex with Timber-Frame Barn

181 WINDOVER Turn, Lancaster, PA 17601

$694,000
2,100 sqft 0.87 AC lot

Farmhouse-style duplex with a vacant lower-level apartment, permitted office, and extensive accessory storage.

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11-Unit Apartment Building
11-Unit Apartment Building

233 W CHESTNUT Street, Lancaster, PA 17602

$599,900
3,672 sqft 0.10 AC lot

Licensed residential property with completed interior turnover and unit repair work, offered in as-is condition.

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Four-Unit Historic Quadplex
Four-Unit Historic Quadplex

419 W ORANGE STREET, Lancaster, PA 17603

$699,000
3,513 sqft

Income-producing four-unit property with spacious apartments, private outdoor areas, and a flexible owner-occupant layout.

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Two-Unit Duplex with Decks
Two-Unit Duplex with Decks

22 PARK Street, Stevens, PA 17578

$165,000
2,520 sqft 0.60 AC lot

Well-maintained duplex with separate basements, covered outdoor areas, and public water and sewer serving both residences.

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Two-Unit Mixed-Use Property
Two-Unit Mixed-Use Property

347 N RESERVOIR Street, Lancaster, PA 17602

$315,000
1,518 sqft 0.05 AC lot

Upper apartment and ground-floor storefront support a flexible live-work arrangement with on-site parking.

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Five-Unit Multifamily Building
Five-Unit Multifamily Building

205 E King Street, Lancaster, PA 17602

$1,025,000
3,049 sqft

Mixed-use configuration combines four residences with a dedicated first-floor commercial suite and shared outdoor areas.

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Renovated Two-Unit Duplex
Renovated Two-Unit Duplex

17 NEW DORWART Street, Lancaster, PA 17603

$399,900
2,010 sqft 0.03 AC lot

Two residential units feature separate electrical systems, included appliances, and washer and dryer equipment.

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Updated Duplex with Detached Garage
Updated Duplex with Detached Garage

814 N SHIPPEN Street, Lancaster, PA 17602

$459,900
2,592 sqft 0.06 AC lot

Two residential units offer separate kitchens, laundry, and utility billing.

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11-Unit Apartment Building
11-Unit Apartment Building

233 W CHESTNUT STREET, Lancaster, PA 17602

$599,900
4,356 sqft

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

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Brick Triplex With Commercial Space
Brick Triplex With Commercial Space

121 LAUREL Street, Lancaster, PA 17603

$339,000
1,876 sqft 0.05 AC lot

Mixed-use configuration includes a street-level salon space, two apartments, and detached garages.

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Two-Unit Mixed-Use Building
Two-Unit Mixed-Use Building

15 N Lime St, Lancaster, PA 17602

$645,000
2,641 sqft

Commercial space and a residential apartment combine in a walkable Lancaster setting with off-street parking.

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Side-by-Side Duplex with Decks
Side-by-Side Duplex with Decks

1710-1712 TEMPLE Avenue, Lancaster, PA 17603

$299,900
1,152 sqft 0.09 AC lot

Two occupied units offer private entrances and single-level layouts.

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5-Unit Apartment Building
5-Unit Apartment Building

508 W CHESTNUT STREET, Lancaster, PA 17603

$689,500
3,692 sqft

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

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Brick Duplex with Rented Garage
Brick Duplex with Rented Garage

236 N FRANKLIN Street, Lancaster, PA 17602

$287,900
1,997 sqft 0.03 AC lot

Two rental units are complemented by a separately rented garage and convenient access to downtown Lancaster amenities.

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Updated Two-Family Duplex
Updated Two-Family Duplex

814 N SHIPPEN STREET, Lancaster, PA 17602

$459,900
2,592 sqft

Two residential units with separate utilities, private laundry, off-street parking, and a detached garage with EV charging.

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Mixed-Use Building With Storefront
Mixed-Use Building With Storefront

101 PEARL Street, Lancaster, PA 17603

$449,900
2,178 sqft 0.05 AC lot

Brick property combining a street-level convenience storefront with a three-bedroom apartment and separate utilities.

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Lancaster, PA Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Lancaster, PA, showcased through 46 active listings on our real estate platform. These investment opportunities span a total of 191,764 square feet of properties for sale, with an estimated market value of $26,648,700.

Sale prices for residential income properties in Lancaster, PA start at $165,000, averaging $649,968, and reaching up to $2,700,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 45
Duplexes 15
Apartment buildings 12
Quadplexes 5
Triplexes 4

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
17603 $626.7K
17602 $655.8K
17601 $694K

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.

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