Skip main navigation
For sale
    • Price cut: $34.9K (7/1)
    $565,000

    253 W Lancaster Ave, Downingtown, PA 19335

    6beds
    --baths
    2,510sqft
    : 
    Loading
    Get pre-qualified
    Triplex
    Built in 1910
    -- sqft lot
    $548,100 Zestimate®
    $225/sqft
    $-- HOA

    What's special

    Investor Alert! Exceptional opportunity to own a premium 3-unit investment property in the heart of Downingtown Borough, with an included garage adding an 4th unit!! Ideally situated along highly visible Lancaster Avenue, 253 W. Lancaster Avenue offers a prime location with strong rental demand, convenient access to shopping, dining, major roadways, and footsteps away from the Downingtown Train Station. This well-maintained multifamily property features income-producing units providing positive cash flow and long-term investment potential. The main level features a 2 BR unit with 1 bath proving easy main floor living. The 2nd floor boast a 2 BR and 1 bath apartment. Rounding the building out is a 3rd apartment featuring 2 BR’s and 1 bath. There is also a 2 car garage which includes a loft area with electric that has the potential to be rented as well providing a strong 4th income! Furthermore, the property offers residential flexibility as the ability to make it into a single-family residence is also an option.
    41 days
    |
    1,072
    |
    54
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jamie Wagner 610-656-5646,

    RE/MAX Action Associates (610) 363-2001,

    Co-Listing Agent: Kerry T Stutzman 610-363-4074,

    RE/MAX Action Associates

    Source: Bright MLS,MLS#: PACT2126846MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      Basement
      • Area: 0
      Heating
      • Baseboard, Electric
      Cooling
      • None
      Appliances
      • Included: Electric Water Heater
      Features
      • Basement: Unfinished
      • Has fireplace: No
      Interior area
      • Total structure area: 2,510
      • Total interior livable area: 2,510 sqft

      Property

      Parking
      • Total spaces: 8
      • Parking features: Oversized, Detached, Driveway
      • Garage spaces: 2
      • Uncovered spaces: 6
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 0.29 Acres
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 1107 0419
      • Zoning: R-4
      • Zoning description: Multi-family / multi-unit
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      • Property subtype: Triplex
      Materials
      • Brick
      • Foundation: Stone
      Condition
      • Average
      • New construction: No
      • Year built: 1910

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Downingtown
      • Municipality: DOWNINGTOWN BORO

      Financial & listing details

      • Price per square foot: $225/sqft
      • Tax assessed value: $169,180
      • Annual tax amount: $7,735
      • Date on market: 6/10/2026
      • Listing agreement: Exclusive Right To Sell
      • Exclusions: Tenant's Personal Property
      • Ownership: Fee Simple
      Jamie Wagner

      (610) 656-5646

      By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.

        Estimated market value

        $548,100

        $521,000 - $576,000

        $1,855/mo

        Price history

        DateEventPrice
        7/20/2026Listed for sale$565,000$225/sqft
        Source: Bright MLS #PACT2126846 Report a problem
        7/14/2026Contingent$565,000$225/sqft
        Source: Bright MLS #PACT2126846 Report a problem
        7/1/2026Price change$565,000-5.8%$225/sqft
        Source: Bright MLS #PACT2126846 Report a problem
        6/10/2026Listed for sale$599,900$239/sqft
        Source: Bright MLS #PACT2126846 Report a problem
        2/13/2020Listing removed$250
        Source: Zillow Rental Manager Report a problem
        2/6/2020Listed for rent$250-33.3%
        Source: Zillow Rental Manager Report a problem
        5/4/2019Listing removed$375
        Source: Zillow Rental Manager Report a problem
        4/3/2019Price change$375-21.1%
        Source: Zillow Rental Manager Report a problem
        12/18/2018Listed for rent$475-56.8%
        Source: Zillow Rental Manager Report a problem
        7/31/2015Listing removed$1,100
        Source: PGM Property Management Report a problem
        7/29/2015Listed for rent$1,100
        Source: PGM Property Management Report a problem

        Public tax history

        Tax history is unavailable.

        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.
        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 19335

        Getting around

        69 / 100
        Somewhat Walkable
        29 / 100
        Somewhat Bikeable

        Nearby schools

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

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        Similar homes

              Nearby cities

              Nearby zip codes

              Other Downingtown Topics

                Search
                Updates
                Favorites
                Plan
                Inbox