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Sold for $440,775
  • $440,775

    122 College Ave, Lancaster, PA 17603

    4beds
    4baths
    2,630sqft
    Quadruplex
    Built in 1900
    -- sqft lot
    $473,800 Zestimate®
    $168/sqft
    $1,678 Estimated rent

    Home value

    $473,800

    $441,000 - $512,000

    $1,678/mo

    Zestimate® history
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    Owner options

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    $1,678/mo

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    $1,678/mo

    Rent Zestimate®

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    $2,813/mo

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    $2,813/mo

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    What's special

    Prime Investment Opportunity! This quadruplex multi family offers an incredible income-generating potential. All units, tenants pay for electric. Unit 1 & Unit 4 tenants pay for gas. Unit 2 & 3 Both 2nd floor gas for the hot water and stove is included in the rent. Situated in a high-demand rental area, this property has strong tenant history and attractive rental rates. Perfect for investors looking to expand their portfolio or for an owner-occupant wanting to live in one unit and rent the others. Proximity to schools, shopping, public transportation, and major highways makes this an appealing choice for tenants. Don’t miss this chance to secure a multi-family gem with excellent ROI potential!

    Zillow last checked:

    Listing updated:

    Listed by:

    John Zunner 717-330-0308,

    RE/MAX Evolved,

    Listing Team: The Zunner Team

    Bought with:

    John Zunner, RS341773

    RE/MAX Evolved

    Source: Bright MLS,MLS#: PALA2060724MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    Basement
    • Area: 0
    Heating
    • Radiator, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Gas Water Heater
    • Laundry: Washer/Dryer Hookups Only
    Features
    • Basement: Full,Unfinished
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,630
    • Total interior livable area: 2,630 sqft

    Property

    Parking
    • Parking features: Off Street
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 3,920 sqft
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 3354033400000
    • Zoning: RESIDENTIAL MULTI-FAMILY
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Quadruplex
    Materials
    • Brick, Masonry
    • Foundation: Brick/Mortar
    • Roof: Asphalt,Rubber
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amp Service, 60 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s), Fire Escape
    Location
    • Region: Lancaster
    • Subdivision: West End Lancaster
    • Municipality: LANCASTER CITY

    HOA & financial

    Other financial information
    • Total actual rent: 43500

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Income includes: Apartment Rentals, Parking
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/15/2025Sold$440,775-11.8%$168/sqft
    Source: Bright MLS #PALA2060724 Report a problem
    12/2/2024Pending sale$499,999$190/sqft
    Source: Bright MLS #PALA2060724 Report a problem
    11/15/2024Listed for sale$499,999$190/sqft
    Source: Bright MLS #PALA2060724 Report a problem
    3/7/2023Listing removed--
    Source: RE/MAX International Report a problem
    5/28/2022Listed for sale$499,999+190.3%$190/sqft
    Source: Bright MLS #PALA2019116 Report a problem
    1/23/2014Sold$172,250+1.4%$65/sqft
    Source: Public Record Report a problem
    10/18/2013Price change$169,900-5.6%$65/sqft
    Source: Lancaster - WEICHERT, REALTORS - Engle and Hambright #211032 Report a problem
    8/20/2013Listed for sale$179,900+9%$68/sqft
    Source: Weichert, Realtors - Engle & Hambright #211032 Report a problem
    7/29/2011Sold$165,000-5.1%$63/sqft
    Source: Public Record Report a problem
    3/22/2011Listed for sale$173,900+15.9%$66/sqft
    Source: Prudential Homesale Services Group #176705 Report a problem
    2/5/2010Sold$150,000+6.4%$57/sqft
    Source: Public Record Report a problem
    6/20/2007Sold$141,000+116.9%$54/sqft
    Source: Public Record Report a problem
    11/17/2006Sold$65,000$25/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,242 +1.1%$156,100
    2024$6,177 +1.7%$156,100
    2023$6,073 +4.3%$156,100
    2022$5,820 $156,100
    2021$5,820 +1180.8%$156,100
    2020$454 -91.9%$156,100
    2019$5,610 +1134.6%$156,100
    2018$454 -89.5%$156,100 +66.1%
    2017$4,318 +0.9%$94,000
    2016$4,278 +14.6%$94,000
    2015$3,734 $94,000
    2014$3,734 $94,000
    2013-- $94,000
    2012-- $94,000
    2011-- $94,000
    2010-- $94,000
    2009-- $94,000
    2007-- $94,000
    2006-- $94,000
    2005-- $94,000 -0.7%
    2004-- $94,700
    2003-- $94,700 -7%
    2002-- $101,800
    2000-- $101,800

    Find assessor info on the county website

    Neighborhood: West End

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Mccaskey Campus
    • District: School District Of Lancaster

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $473,800
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    +$9,476
    With Zillow Showcase(estimated)
    $483,276