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Pending
  • $599,900

    146 E Clay St, Lancaster, PA 17602

    3beds
    4baths
    2,890sqft
    Quadruplex
    Built in 1904
    -- sqft lot
    $602,700 Zestimate®
    $208/sqft
    $-- HOA

    What's special

    Updated conditionVinyl plank flooring
    Welcome to your next multi-family investment or house hack! This 4 unit building boasts 2,890 square feet and is in a prime location on the north side of Lancaster City. Units 1&2 are currently mid-term rentals, usually to traveling nurses or medical personnel looking for 1-6 month stays. The combination of updated condition and location close to LGH and only a short drive to Penn State Health makes these units desirable midterm rentals. Units 3&4 are long term rentals. 3 out of 4 units have been fully updated including vinyl plank flooring, kitchens and bathrooms. This is your opportunity to purchase a performing asset, current 11.3% cap rate! Monthly rental income averaged $5,667 in 2025 and $5,613 in 2026. The heating for each unit is separate and the electric is metered individually with a landlord meter for common areas. Here is the unit breakdown. Unit #1 is a one bed, one bath MTR at $1650 monthly rent. Unit #2 is a studio at $1650 monthly rent. Unit #3 is a 2 bed 1 bath LTR (with a spiral staircase!) at $1500 monthly rent. Unit #4 is a studio LTR at $955 monthly rent. The garage is rented at $150 monthly rent to a neighbor for storage. Their is a fenced-in backyard for the tenants to enjoy. Additional updates/maintenance include new hot water heaters for units 1&3, new heating element for unit 2, mini-splits for cooling in units 1&2, furnace serviced in December, 2025, brick was resealed May, 2025, new dryer November, 2025, repainted the siding red April, 2025, and quarterly pest control by Terminix. Whether you want to live in one unit and have the others cover your payment or purchase a performing rental asset, this is your opportunity. Schedule a showing today!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Parker Wolfe 717-847-2044,

    Prime Home Real Estate, LLC 7177352204

    Source: Bright MLS,MLS#: PALA2092072MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      Basement
      • Area: 0
      Heating
      • Radiator, Natural Gas
      Cooling
      • Ductless, Window Unit(s), Electric
      Appliances
      • Included: Electric Water Heater
      Features
      • Bathroom - Walk-In Shower, Bathroom - Tub Shower, Curved Staircase, Entry Level Bedroom
      • Flooring: Carpet
      • Has fireplace: No
      Interior area
      • Total structure area: 2,890
      • Total interior livable area: 2,890 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Covered, Public, Paved, Detached
      • Garage spaces: 1
      • Details: Garage Sqft: 152
      Accessibility
      • Accessibility features: 2+ Access Exits
      Features
      • Pool features: None
      Lot
      • Size: 2,614 Square Feet
      • Features: Corner Lot
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 3363085600000
      • Zoning: RESIDENTIAL
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Quadruplex
      Materials
      • Brick, Masonry
      • Foundation: Brick/Mortar, Stone
      Condition
      • New construction: No
      • Year built: 1904

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Lancaster
      • Municipality: LANCASTER CITY

      Financial & listing details

      • Price per square foot: $208/sqft
      • Tax assessed value: $166,300
      • Annual tax amount: $6,871
      • Date on market: 7/23/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Exclusions: Tenants Personal Property
      • Ownership: Fee Simple
      • Total actual rent: 68010
      • Income includes: Apartment Rentals

        Estimated market value

        $602,700

        $573,000 - $633,000

        $1,479/mo

        Price history

        DateEventPrice
        7/25/2026Pending sale$599,900$208/sqft
        Source: Bright MLS #PALA2092072 Report a problem
        7/23/2026Listed for sale$599,900+44.6%$208/sqft
        Source: Bright MLS #PALA2092072 Report a problem
        10/17/2023Sold$415,000-4.6%$144/sqft
        Source: Bright MLS #PALA2037212 Report a problem
        8/16/2023Pending sale$435,000$151/sqft
        Source: Bright MLS #PALA2037212 Report a problem
        7/26/2023Price change$435,000-3.3%$151/sqft
        Source: Bright MLS #PALA2037212 Report a problem
        6/30/2023Listed for sale$450,000+21.6%$156/sqft
        Source: Bright MLS #PALA2037212 Report a problem
        8/2/2021Sold$370,000-7.4%$128/sqft
        Source: Public Record Report a problem
        6/1/2021Pending sale$399,500$138/sqft
        Source: Berkshire Hathaway HomeServices Homesale Realty #PALA181546 Report a problem
        5/20/2021Price change$399,500-3.7%$138/sqft
        Source: Berkshire Hathaway HomeServices Homesale Realty #PALA181546 Report a problem
        5/11/2021Price change$415,000-7.8%$144/sqft
        Source: Berkshire Hathaway HomeServices Homesale Realty #PALA181546 Report a problem
        5/4/2021Listed for sale$450,000+80.1%$156/sqft
        Source: Berkshire Hathaway HomeServices Homesale Realty #PALA181546 Report a problem
        10/24/2017Sold$249,900$86/sqft
        Source: Public Record Report a problem
        8/25/2017Listed for sale$249,900$86/sqft
        Source: Keystone MLS Network, Inc. #269418 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$6,871 +3.3%$166,300
        2025$6,650 +1.1%$166,300
        2024$6,580 +1.7%$166,300
        2023$6,470 +4.3%$166,300
        2022$6,200 $166,300
        2021$6,200 +1180.8%$166,300
        2020$484 -91.9%$166,300
        2019$5,977 +1134.6%$166,300
        2018$484 -88.3%$166,300 +82.5%
        2016$4,146 +14.6%$91,100
        2015$3,618 $91,100
        2014$3,618 $91,100
        2013-- $91,100
        2012-- $91,100
        2011-- $91,100
        2010-- $91,100
        2009-- $91,100
        2007-- $91,100
        2006-- $91,100
        2005-- $91,100
        2004-- $91,100
        2003-- $91,100
        2002-- $91,100
        2000-- $91,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Ross

        Getting around

        86 / 100
        Very Walkable
        62 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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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