A distinctive two-unit property in the heart of Lancaster City, pairing a stabilized residential apartment with a ground-floor commercial storefront The upper level offers a 2-bedroom apartment with its own private entrance, currently leased at $1,600/month for immediate, dependable income . The ground-floor commercial space— has been home to professional office space and established salon and aesthetics business for nearly 20 years. It is now vacant and ready for its next chapter. Ideally positioned on a beautiful tree-lined corner just steps from McCaskey High School, the property enjoys strong neighborhood presence and walkability. Whether you're an investor seeking dual income streams, an owner-operator looking to live above your own business, or a buyer drawn to a property with built-in versatility, 347 N Reservoir St is a genuine opportunity in a connected, growing city neighborhood. Schedule your private showing today.
For sale
$315,000
347 N Reservoir St, Lancaster, PA 17602
2beds
--baths
1,518sqft
Duplex
Built in 1947
-- sqft lot
$308,000 Zestimate®
$208/sqft
$-- HOA
What's special
Beautiful tree-lined cornerPrivate entrance
- 28 days
- 1,205
- 61
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Alex Whitt 223-216-1063,
Keller Williams Elite 7175532500
Source: Bright MLS,MLS#: PALA2093262
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 1,518
- Total interior livable area: 1,518 sqft
Property
Parking
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,178 Square Feet
Details
- Additional structures: Above Grade
- Parcel number: 3362057800000
- Zoning: RES 2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Lancaster
- Municipality: LANCASTER CITY
Financial & listing details
- Price per square foot: $208/sqft
- Tax assessed value: $110,200
- Annual tax amount: $4,553
- Date on market: 8/6/2026
- Listing agreement: Exclusive Right To Sell
- Exclusions: Tenant Belongings
- Ownership: Fee Simple
Estimated market value
$308,000
$293,000 - $323,000
$1,479/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Listed for sale | $315,000+5%$208/sqft |
Source:  Bright MLS #PALA2093262 Report a problem | ||
| 2/10/2025 | Sold | $300,000$198/sqft |
Source: Bright MLS #PALA2054224 Report a problem | ||
| 1/30/2025 | Pending sale | $300,000-6.3%$198/sqft |
Source: Bright MLS #PALA2054224 Report a problem | ||
| 1/4/2025 | Contingent | $320,000$211/sqft |
Source: Bright MLS #PALA2054224 Report a problem | ||
| 10/4/2024 | Price change | $320,000-5.9%$211/sqft |
Source: Bright MLS #PALA2054224 Report a problem | ||
| 9/14/2024 | Listing removed | $1,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/27/2024 | Listed for sale | $340,000$224/sqft |
Source: Bright MLS #PALA2054224 Report a problem | ||
| 7/6/2024 | Listed for rent | $1,350+12.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/31/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 5/4/2024 | Price change | $1,200-11.1%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/24/2024 | Listed for rent | $1,350$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $4,553 +3.3% | $110,200 |
| 2025 | $4,407 +1.1% | $110,200 |
| 2024 | $4,361 +1.7% | $110,200 |
| 2023 | $4,287 +4.3% | $110,200 |
| 2022 | $4,109 | $110,200 |
| 2021 | $4,109 +1180.8% | $110,200 |
| 2020 | $321 -91.9% | $110,200 |
| 2019 | $3,960 +1134.6% | $110,200 |
| 2018 | $321 -92.6% | $110,200 +16.4% |
| 2017 | $4,350 +0.9% | $94,700 |
| 2016 | $4,310 +29.3% | $94,700 |
| 2015 | $3,334 | $94,700 |
| 2014 | $3,334 | $94,700 |
| 2013 | -- | $94,700 |
| 2012 | -- | $94,700 |
| 2011 | -- | $94,700 |
| 2010 | -- | $94,700 |
| 2009 | -- | $94,700 |
| 2007 | -- | $94,700 |
| 2006 | -- | $94,700 |
| 2005 | -- | $94,700 +10.6% |
| 2004 | -- | $85,600 |
| 2003 | -- | $85,600 |
| 2002 | -- | $85,600 |
| 2000 | -- | $85,600 |
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: East Side
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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