Rare opportunity to acquire a high-density, 11-unit licensed residential property located on Lancaster's west side. This asset is ideal for a multi-family investor, student housing operator, or specialty housing provider looking for immediate density in a tight Lancaster City rental market. The building is being sold as-is, with significant interior turnover and unit repair work already completed. The property presents substantial operational upside for an operator ready to streamline expenses and capture strong market yield. Showings by appointment to qualified buyers only. Complete rent roll, P&L history, and appraisal details are available upon request. Floorplans provided are rough outlines and contain inconsistencies; buyer to verify all measurements and layouts in person.
For sale
Price cut: $24.9K (9/11)
$575,000
233 E Chestnut St, Lancaster, PA 17602
11beds
--baths
3,672sqft
Multi Family
Built in 1880
-- sqft lot
$-- Zestimate®
$157/sqft
$-- HOA
What's special
- 82 days
- 547
- 33
Zillow last checked:
Listing updated:
Listed by:
Zachary Trimble 717-940-6048,
Berkshire Hathaway HomeServices Homesale Realty (800) 383-3535,
Listing Team: The Allison Deutsch Team
Source: Bright MLS,MLS#: PALA2090434
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
Basement
- Area: 1100
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s), Electric
Appliances
- Included: Oven/Range - Electric, Refrigerator, Gas Water Heater
Features
- Dry Wall, Plaster Walls
- Flooring: Carpet, Hardwood
- Doors: Insulated
- Windows: Insulated Windows
- Basement: Other
- Has fireplace: No
Interior area
- Total structure area: 4,772
- Total interior livable area: 3,672 sqft
Property
Parking
- Parking features: Lighted, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Other
Features
- Patio & porch: Porch
- Exterior features: Play Area, Satellite Dish, Sidewalks, Street Lights
- Pool features: None
- Frontage type: Road Frontage
- Frontage length: Road Frontage: 200
Lot
- Size: 4,356 Square Feet
- Features: Rear Yard, Downtown
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 3315576300000
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Mixed
- Foundation: Stone
- Roof: Rubber
Condition
- New construction: No
- Year built: 1880
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Lancaster
- Municipality: LANCASTER CITY
Financial & listing details
- Price per square foot: $157/sqft
- Tax assessed value: $194,800
- Annual tax amount: $4,095
- Date on market: 8/10/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Black Top
Estimated market value
Not available
Estimated sales range
Not available
$1,972/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Price change | $575,000-4.2%$157/sqft |
Source:  Bright MLS #PALA2090434 Report a problem | ||
| 8/10/2026 | Listed for sale | $599,900+757%$163/sqft |
Source: Bright MLS #PALA2090434 Report a problem | ||
| 6/24/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/15/2024 | Listed for rent | $1,800 |
Source: Zillow Rentals Report a problem | ||
| 7/15/2011 | Sold | $70,000-50%$19/sqft |
Source: Public Record Report a problem | ||
| 10/3/2006 | Sold | $140,000+72.8%$38/sqft |
Source: Public Record Report a problem | ||
| 3/14/2003 | Sold | $81,000+88.4%$22/sqft |
Source: Public Record Report a problem | ||
| 5/31/2001 | Sold | $43,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $4,095 +3.3% | $99,100 |
| 2025 | $3,963 +1.1% | $99,100 |
| 2024 | $3,921 +1.7% | $99,100 |
| 2023 | $3,855 +4.3% | $99,100 |
| 2022 | $3,695 | $99,100 |
| 2021 | $3,695 +1180.8% | $99,100 |
| 2020 | $288 -91.9% | $99,100 |
| 2019 | $3,562 +1134.6% | $99,100 |
| 2018 | $288 -91.2% | $99,100 +39.4% |
| 2017 | $3,266 +0.9% | $71,100 |
| 2016 | $3,236 +35% | $71,100 |
| 2015 | $2,397 | $71,100 |
| 2014 | $2,397 | $71,100 |
| 2013 | -- | $71,100 |
| 2012 | -- | $71,100 +1% |
| 2011 | -- | $70,400 |
| 2010 | -- | $70,400 |
| 2009 | -- | $70,400 |
| 2007 | -- | $70,400 +1.3% |
| 2006 | -- | $69,500 |
| 2005 | -- | $69,500 +16.4% |
| 2004 | -- | $59,700 |
| 2003 | -- | $59,700 |
| 2002 | -- | $59,700 |
| 2000 | -- | $59,700 |
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.Climate risks
Neighborhood: Chestnut Hill
Nearby schools
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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