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For sale
    • $265,000

    31 N Broad St, Lancaster, PA 17602

    4beds
    --baths
    2,048sqft
    : 
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    Townhouse
    Built in 1900
    -- sqft lot
    $264,700 Zestimate®
    $129/sqft
    $-- HOA

    What's special

    Welcome to this charming 1900-built Colonial-style duplex located in Lancaster City. This two-unit multi-family property offers approximately 2,048 square feet of living space with a total of 4 bedrooms and 2 bathrooms across both units. Recently passing the Lancaster City lead-based paint inspection, this property provides added peace of mind and helps meet important local compliance standards. Whether you’re looking to expand your investment portfolio or begin your journey as a landlord, this property presents a great opportunity. Gross Monthly Rent: $850 (1BR) + $1,150 (3BR) = $2,000 Gross Annual Rent: $24,000 Owner Pays: Water, sewer, trash (W/S/T) — a common setup that keeps tenants happy but adds to owner expenses (estimate $200–400/month depending on usage). Gross Rent Multiplier (GRM): 11.04 ($265k / $24k) — reasonable for a stabilized older duplex in the area. Taxes: $4,996/year (2022 assessment; recent figures may be similar or slightly higher). Cap Rate Estimate (rough, before other expenses): Around 6–8% gross, depending on maintenance, insurance, vacancy, and management. Long-term tenants are a big plus for stability.
    16 hours
    |
    49
    |
    3
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    Zillow last checked:

    Listing updated:

    Listed by:

    John Zunner 717-330-0308,

    RE/MAX Evolved (717) 509-2880,

    Listing Team: The Zunner Team, Co-Listing Team: The Zunner Team,Co-Listing Agent: Eric Henry Givler 717-269-9636,

    RE/MAX Evolved

    Source: Bright MLS,MLS#: PALA2091636MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      Basement
      • Area: 0
      Heating
      • Hot Water, Radiator, Electric, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Oven/Range - Electric, Oven/Range - Gas, Electric Water Heater, Gas Water Heater
      Features
      • Eat-in Kitchen, Plaster Walls
      • Flooring: Carpet, Vinyl, Tile/Brick
      • Basement: Rear Entrance
      • Has fireplace: No
      Interior area
      • Total structure area: 2,048
      • Total interior livable area: 2,048 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Exterior features: Sidewalks, Street Lights
      • Pool features: None
      • Has view: Yes
      • View description: Park/Greenbelt, City
      • Frontage length: Road Frontage: 20
      Lot
      • Size: 1,742 Square Feet
      • Features: Front Yard, Level, Rear Yard, Middle Of Block, Clay
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 3320553200000
      • Zoning: RESIDENTIAL
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      • Property subtype: Townhouse
      Materials
      • Brick, Masonry
      • Foundation: Stone
      • Roof: Rubber
      Condition
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available, Natural Gas Available, Electricity Available, Phone Available, Sewer Available, Water Available

      Community & HOA

      Community
      • Subdivision: None Available
      Location
      • Region: Lancaster
      • Municipality: LANCASTER CITY

      Financial & listing details

      • Price per square foot: $129/sqft
      • Tax assessed value: $134,000
      • Annual tax amount: $4,996
      • Date on market: 7/9/2026
      • Listing agreement: Exclusive Agency
      • Listing terms: Cash,Conventional
      • Inclusions: 2 Refrigerators, 2 Stoves
      • Exclusions: Tenants Personal Property
      • Ownership: Fee Simple
      • Road surface type: Black Top

        Estimated market value

        $264,700

        $251,000 - $278,000

        $2,300/mo

        Price history

        DateEventPrice
        7/9/2026Listed for sale$265,000$129/sqft
        Source: Bright MLS #PALA2091636 Report a problem
        3/11/2026Listing removed$265,000$129/sqft
        Source: Bright MLS #PALA2083602 Report a problem
        2/27/2026Listed for sale$265,000+28%$129/sqft
        Source: Bright MLS #PALA2083602 Report a problem
        8/22/2022Sold$207,000-3.2%$101/sqft
        Source: Bright MLS #PALA2018176 Report a problem
        8/1/2022Pending sale$213,900$104/sqft
        Source: Bright MLS #PALA2018176 Report a problem
        6/30/2022Contingent$213,900$104/sqft
        Source: Bright MLS #PALA2018176 Report a problem
        6/22/2022Listed for sale$213,900$104/sqft
        Source: Bright MLS #PALA2018176 Report a problem
        6/11/2022Pending sale$213,900$104/sqft
        Source: Bright MLS #PALA2018176 Report a problem
        6/5/2022Price change$213,900-0.5%$104/sqft
        Source: Bright MLS #PALA2018176 Report a problem
        5/13/2022Listed for sale$215,000+7.5%$105/sqft
        Source: Bright MLS #PALA2018176 Report a problem
        5/13/2022Listing removed$200,000-7%$98/sqft
        Source: Bright MLS #PALA2012232 Report a problem
        4/19/2022Price change$215,000+7.5%$105/sqft
        Source: Bright MLS #PALA2013870 Report a problem
        4/6/2022Pending sale$200,000$98/sqft
        Source: Bright MLS #PALA2012232 Report a problem
        4/1/2022Price change$200,000-3.4%$98/sqft
        Source: Bright MLS #PALA2012232 Report a problem
        3/11/2022Pending sale$207,000$101/sqft
        Source: Bright MLS #PALA2012232 Report a problem
        3/10/2022Price change$207,000+4%$101/sqft
        Source: Bright MLS #PALA2012232 Report a problem
        3/1/2022Price change$199,000-2.9%$97/sqft
        Source: Bright MLS #PALA2012232 Report a problem
        2/22/2022Price change$205,000-0.9%$100/sqft
        Source: Bright MLS #PALA2012232 Report a problem
        2/17/2022Price change$206,900-0.5%$101/sqft
        Source: Bright MLS #PALA2012232 Report a problem
        2/12/2022Price change$207,900-0.3%$102/sqft
        Source: Bright MLS #PALA2012232 Report a problem
        1/27/2022Price change$208,500-3%$102/sqft
        Source: Bright MLS #PALA2012232 Report a problem
        1/18/2022Listed for sale$215,000+41.4%$105/sqft
        Source: Bright MLS #PALA2011024 Report a problem
        9/30/2021Sold$152,000-5%$74/sqft
        Source: Bright MLS #PALA2000874 Report a problem
        9/1/2021Pending sale$159,931$78/sqft
        Source: Bright MLS #PALA2000874 Report a problem
        8/27/2021Listed for sale$159,931+83.8%$78/sqft
        Source: Bright MLS #PALA2000874 Report a problem
        5/13/2008Sold$87,000$42/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,359 +1.1%$134,000
        2024$5,302 +1.7%$134,000
        2023$5,213 +4.3%$134,000
        2022$4,996 $134,000
        2021$4,996 +1180.8%$134,000
        2020$390 -91.9%$134,000
        2019$4,816 +1134.6%$134,000
        2018$390 -87.4%$134,000 +98.2%
        2017$3,105 +0.9%$67,600
        2016$3,077 +14.6%$67,600
        2015$2,685 $67,600
        2014$2,685 $67,600
        2013-- $67,600
        2012-- $67,600
        2011-- $67,600
        2010-- $67,600
        2009-- $67,600
        2007-- $67,600
        2006-- $67,600
        2005-- $67,600 +4.8%
        2004-- $64,500
        2003-- $64,500
        2002-- $64,500
        2000-- $64,500

        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.
        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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        Climate risks

        Neighborhood: East Side

        Getting around

        76 / 100
        Very Walkable
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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