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Sold for $850,000
  • $850,000

    20 E Gay St, Red Lion, PA 17356

    8beds
    --baths
    --sqft
    Multi Family
    Built in 1970
    -- sqft lot
    $853,000 Zestimate®
    $--/sqft
    $1,330 Estimated rent

    Home value

    $853,000

    $810,000 - $896,000

    $1,330/mo

    Zestimate® history
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    Owner options

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    $1,330/mo

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    $1,330/mo

    Rent Zestimate®

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    $5,633/mo

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    $5,633/mo

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    What's special

    Ample off-street parking
    This well-maintained 6-unit multifamily property presents a turnkey investment opportunity in Red Lion. The building consists of two 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units, offering a desirable unit mix that appeals to a wide range of tenants. Designed for ease of ownership and strong cash flow potential, tenants are responsible for nearly all operating expenses, helping to keep owner costs low and maximize net income. The property also features separately metered utilities, including water, providing additional efficiency and expense control. Numerous capital improvements have already been completed, allowing the next owner to step into a stabilized, low-maintenance asset with confidence. Additional features include a paved parking lot for tenant convenience and ample off-street parking. Whether you are expanding an existing portfolio or seeking a strong income-producing property, this Red Lion multifamily building offers an exceptional combination of stability, efficiency, and long-term upside.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Koch 717-788-8347,

    Keller Williams Elite,

    Listing Team: Koch Garpstas Realty Group, Co-Listing Team: Koch Garpstas Realty Group,Co-Listing Agent: David Garpstas 717-208-0253,

    Keller Williams Elite

    Bought with:

    Dylan Madsen, RS333734

    Coldwell Banker Realty

    Source: Bright MLS,MLS#: PAYK2101230MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    Basement
    • Area: 0
    Heating
    • Radiant, Electric
    Cooling
    • None
    Appliances
    • Included: Electric Water Heater
    Features
    • Basement: Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 0

    Property

    Parking
    • Total spaces: 8
    • Parking features: Paved, Parking Lot
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 0.30 Acres
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 820000300730000000
    • Zoning: RESIDENTIAL TOWN
    • Zoning description: Apartment Building
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block, Stick Built, Vinyl Siding
    • Foundation: Block
    • Roof: Shingle
    Condition
    • Good
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Red Lion
    • Municipality: RED LION BORO

    HOA & financial

    Other financial information
    • Total actual rent: 78894

    Other

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

    Price history

    DateEventPrice
    5/27/2026Sold$850,000-1%
    Source: Bright MLS #PAYK2101230 Report a problem
    4/14/2026Pending sale$858,500
    Source: Bright MLS #PAYK2101230 Report a problem
    4/11/2026Listed for sale$858,500
    Source: Bright MLS #PAYK2101230 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 17356

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Red Lion Area

    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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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $853,000
    2% more
    +$17,060
    With Zillow Showcase(estimated)
    $870,060