Pending

$495,000

154-158 W Main St, Leola, PA 17540

8beds

--baths

3,300sqft

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Quadruplex

Built in 1920

-- sqft lot

$477,200 Zestimate^®

$150/sqft

$-- HOA

What's special

Quiet residential setting

Rare 4-unit multifamily investment property in Leola, Lancaster County. The property is fully leased and consists of four 2-bedroom, 1-bath units, with two units located on the first floor and two units located on the second floor. Long-term tenant occupancy provides stable in-place income, with upside potential through rent increases and utility reimbursement implementation. Current gross annual income is approximately $44,160 with a current NOI of approximately $30,141. Pro forma gross annual income with modest rent increases is projected at approximately $46,200, with projected NOI increasing to approximately $39,346 annually following implementation of utility reimbursement fees and expense optimization. Located in a quiet residential setting within the Conestoga Valley School District in Upper Leacock Township, with convenient access to Lancaster and surrounding employment and retail corridors.

71 days

65

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8

Heating

Radiator, Natural Gas

Cooling

Window Unit(s), Electric

Appliances

Included: Gas Water Heater

Features

Has fireplace: No

Interior area

Total structure area: 3,300
Total interior livable area: 3,300 sqft

Property

Parking

Total spaces: 12
Parking features: Off Street

Accessibility

Accessibility features: 2+ Access Exits

Features

Pool features: None

Lot

Size: 0.42 Acres

Details

Additional structures: Above Grade
Parcel number: 5619
Zoning: MIXED USE
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Other
Property subtype: Quadruplex

Materials

Frame, Metal Siding
Foundation: Other

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Leola
Municipality: UPPER LEACOCK TWP

Financial & listing details

Price per square foot: $150/sqft
Tax assessed value: $262,600
Annual tax amount: $5,619
Date on market: 5/11/2026
Listing agreement: Exclusive Right To Sell
Ownership: Fee Simple
Total actual rent: 44420

Estimated market value

$477,200

$453,000 - $501,000

$1,267/mo

Price history

Date	Event	Price
6/8/2026	Pending sale	$495,000$150/sqft
Source: Bright MLS #PALA2087744 Report a problem
5/11/2026	Listed for sale	$495,000$150/sqft
Source: Bright MLS #PALA2087744 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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