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For sale
    • Price cut: $14.9K (8/20)
    $675,000

    16 E Walnut St, Lancaster, PA 17602

    3beds
    2,516sqft
    : 
    $4,333/mo
    Get pre-qualified
    Townhouse
    Built in 1880
    1,742 Square Feet Lot
    $649,800 Zestimate®
    $268/sqft
    $-- HOA

    What's special

    AIRBNB OPPORTUNITY. This is one of the most unique properties you'll find in the city—completely renovated from top to bottom and sitting in an unbeatable central location, just two blocks from Lancaster General Health. One of the best parts: the property is zoned in the highly coveted Central Business Core District, which opens the door to short-term rental use, including Airbnb. Outside and you're surrounded by the best of city living: shops, restaurants, and markets all within easy walking distance. This is the kind of walkable, vibrant setting that makes Lancaster City so special. Inside, the home has been thoughtfully reimagined with fresh accents throughout and beautiful new bathrooms. Three bedrooms include two complete primary suites—a setup that's hard to come by. And in a city where parking is gold, this property delivers a two-car garage with a private drive out back. Whether you're looking for a stylish primary residence, an investment with income potential, or both, this property checks every box. Opportunities like this don't come around often. Come see it before it's gone!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Alex Whitt 223-216-1063,

    Keller Williams Elite 7175532500

    Source: Bright MLS,MLS#: PALA2094018MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      Rooms
      • Room types: Living Room, Dining Room, Kitchen, Storage Room
      Dining room
      • Features: Flooring - Carpet
      • Level: Main
      • Area: 315 Square Feet
      • Dimensions: 21 X 15
      Kitchen
      • Features: Flooring - Concrete
      • Level: Main
      • Area: 225 Square Feet
      • Dimensions: 15 X 15
      Living room
      • Features: Flooring - Carpet
      • Level: Main
      • Area: 450 Square Feet
      • Dimensions: 15 X 30
      Storage room
      • Level: Unspecified
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dryer, Refrigerator, Washer, Dishwasher, Microwave, Oven/Range - Electric, Electric Water Heater
      Features
      • Breakfast Area, Dining Area, Built-in Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,516
      • Total interior livable area: 2,516 sqft
      • Finished area above ground: 2,516
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Door Opener, Attached
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two and One Half
      • Stories: 2.5
      • Patio & porch: Deck
      • Pool features: None
      • Has spa: Yes
      • Spa features: Bath
      • Frontage length: Road Frontage: 15
      Lot
      • Size: 1,742 Square Feet
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 3368136200000
      • Zoning: CB CORE
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Traditional
      • Property subtype: Townhouse
      Materials
      • Brick, Masonry, Stick Built
      • Foundation: Slab
      • Roof: Asphalt,Rubber
      Condition
      • New construction: No
      • Year built: 1880

      Utilities & green energy

      • Electric: 200+ Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Subdivision: Lancaster
      HOA
      • Has HOA: No
      • Amenities included: None
      • Services included: None
      Location
      • Region: Lancaster
      • Municipality: LANCASTER CITY

      Financial & listing details

      • Price per square foot: $268/sqft
      • Tax assessed value: $164,800
      • Annual tax amount: $7,006
      • Date on market: 8/20/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Conventional,FHA,VA Loan
      • Inclusions: Fridge, Washer, Dryer
      • Exclusions: Staging Furniture
      • Ownership: Fee Simple

        Estimated market value

        $649,800

        $617,000 - $682,000

        $2,698/mo

        Price history

        DateEventPrice
        8/20/2026Price change$675,000-2.2%$268/sqft
        Source: Bright MLS #PALA2094018 Report a problem
        7/2/2026Listed for sale$689,900-1.3%$274/sqft
        Source: Bright MLS #PALA2091220 Report a problem
        7/2/2026Listing removed$699,000$278/sqft
        Source: Bright MLS #PALA2089242 Report a problem
        6/5/2026Listed for sale$699,000+111.8%$278/sqft
        Source: Bright MLS #PALA2089242 Report a problem
        8/29/2025Sold$330,000+65.1%$131/sqft
        Source: Public Record Report a problem
        10/29/2010Listing removed$199,900$79/sqft
        Source: HIGHLAND REALTY GROUP, LLC #164257 Report a problem
        7/3/2010Price change$199,900-11.2%$79/sqft
        Source: HIGHLAND REALTY GROUP, LLC #164257 Report a problem
        5/1/2010Listed for sale$225,000$89/sqft
        Source: HIGHLAND REALTY GROUP, LLC #164257 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$6,809 +3.3%$164,800
        2025$6,590 +1.1%$164,800
        2024$6,521 +1.7%$164,800
        2023$6,411 +4.3%$164,800
        2022$6,144 $164,800
        2021$6,144 +1180.8%$164,800
        2020$480 -91.9%$164,800
        2019$5,923 +1134.6%$164,800
        2018$480 -90.3%$164,800 +52.3%
        2017$4,970 +0.9%$108,200
        2016$4,924 +14.6%$108,200
        2015$4,298 $108,200
        2014$4,298 $108,200
        2013-- $108,200
        2012-- $108,200
        2011-- $108,200
        2010-- $108,200
        2009-- $108,200
        2007-- $108,200
        2006-- $108,200
        2005-- $108,200 +0.5%
        2004-- $107,700
        2003-- $107,700
        2002-- $107,700
        2000-- $107,700
        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.
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        Climate risks

        Neighborhood: Central Business District

        Getting around

        98 / 100
        Walker's Paradise
        76 / 100
        Very Bikeable

        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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