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For sale
    • Price cut: $40K (5/26)
    $1,500,000

    45 W Pennsylvania Ave, Downingtown, PA 19335

    6beds
    2,630sqft
    : 
    $9,270/mo
    Get pre-qualified
    Single Family Residence
    Built in 1900
    0.31 Acres Lot
    $1,450,600 Zestimate®
    $570/sqft
    $-- HOA

    What's special

    Gorgeous hardwood floors
    Welcome to 45 West Pennsylvania Avenue. This property is conveniently located at the corner of Pennsylvania Avenue and Manor Avenue, also known as Horseshoe Pike in the heart of the Borough of Downingtown. This property is an investment property, a multi-family dwelling and a lot to build another multi-family dwelling on if desired. The buildable lots can be used as rental property or a property that could be rebuilt and sold. Close proximity to Kerr Park, Churches of every denomination, local shopping, entertainment & food businesses make this property both beautiful & functional. Any business would thrive with this central location. This R4 Zoned property opens it up to numerous business types which can be listed for any interested investor. To name just a few, Doctor Offices, Dental Offices, Small business offices, Social Clubs, Bed & Breakfasts, Entertainment venues, multiunit investment property, and the list goes on of opportunity. Some local variances may be required for some businesses, please check with the Borough for any restrictions or inquire & we can provide you assistance. This building has been kept immaculately, gorgeous hard wood floors, new kitchen appliances & fixtures, a roof recently installed 2021 with a lifetime warranty that transfers to the new owners. Many upgrades were made while maintaining the original beauty of this building. Please contact Kelly Fuller Logan, Realtor LPT Realty to secure your private showing of this property. All showings require prequalified buyers. This includes the adjacent lot bringing the total property to almost 3/4 of an acre. Possibly for parking lot or outdoor storage or sheds.
    161 days
    |
    478
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly Fuller-Logan 717-442-3158,

    LPT Realty, LLC 8773662213

    Source: Bright MLS,MLS#: PACT2118004MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bathrooms: 1
      Basement
      • Area: 0
      Heating
      • Hot Water, Natural Gas
      Cooling
      • None, Electric
      Appliances
      • Included: Electric Water Heater
      • Laundry: Main Level
      Features
      • Plaster Walls
      • Flooring: Hardwood, Tile/Brick, Carpet
      • Basement: Full
      • Has fireplace: No
      Interior area
      • Total structure area: 2,630
      • Total interior livable area: 2,630 sqft
      • Finished area above ground: 2,630
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Free, Off Street
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Three
      • Stories: 3
      • Pool features: None
      Lot
      • Size: 0.31 Acres
      • Dimensions: This lot includes an additional lot making total property appro x imately over 1/2 an acre.
      • Features: Corner Lot, Cleared, Open Lot, Other
      Details
      • Additional structures: Above Grade, Below Grade
      • Additional parcels included: Map No.: 11.07.0213.0000 Bill # 01449 & Map No. 11.07.0212.0000 Bill # 01448
      • Parcel number: 1107 0212
      • Zoning: R4
      • Zoning description: R4 many business opportunities, offices or buildable lot for. Multi-family dwellings etc
      • Special conditions: Standard
      • Other equipment: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Colonial
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Stone
      • Roof: Architectural Shingle
      Condition
      • Excellent
      • New construction: No
      • Year built: 1900
      • Major remodel year: 2022

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: None Available
      HOA
      • Has HOA: No
      Location
      • Region: Downingtown
      • Municipality: DOWNINGTOWN BORO

      Financial & listing details

      • Price per square foot: $570/sqft
      • Tax assessed value: $114,400
      • Annual tax amount: $4,568
      • Date on market: 2/22/2026
      • Listing agreement: Exclusive Agency
      • Listing terms: Conventional,Cash
      • Inclusions: All Fixtures Included Unless Otherwise Negotiated By Seller 2nd Buildable Lot. Possibility To Create Multi-family Dwellings On Both Lots. Similar Rental Rates In Area Btwn 2000-3500 Per Month. Sales For Townhomes Btwn 400k - 800k. Potential For Roi With Sale Or Income From Rentals.
      • Exclusions: None
      • Ownership: Fee Simple

        Estimated market value

        $1,450,600

        $1.38M - $1.52M

        $4,211/mo

        Price history

        DateEventPrice
        5/26/2026Price change$1,500,000-2.6%$570/sqft
        Source: Bright MLS #PACT2118004 Report a problem
        4/20/2026Price change$1,540,000-3.8%$586/sqft
        Source: Bright MLS #PACT2118004 Report a problem
        2/22/2026Listed for sale$1,600,000+88.3%$608/sqft
        Source: Bright MLS #PACT2118004 Report a problem
        6/12/2022Listing removed--
        Source: RE/MAX International Report a problem
        4/18/2022Price change$849,500-14.1%$323/sqft
        Source: Bright MLS #PACT2018198 Report a problem
        2/22/2022Listed for sale$989,000+184.2%$376/sqft
        Source: Bright MLS #PACT2018198 Report a problem
        9/8/2016Sold$348,000-20%$132/sqft
        Source: Public Record Report a problem
        7/31/2009Listing removed$435,000$165/sqft
        Source: Cindy Dickerman #5422122 Report a problem
        6/22/2009Price change$435,000-1.1%$165/sqft
        Source: Cindy Dickerman #5422122 Report a problem
        5/16/2009Price change$440,000-1.1%$167/sqft
        Source: Cindy Dickerman #5422122 Report a problem
        4/26/2009Price change$445,000-11%$169/sqft
        Source: Cindy Dickerman #5422122 Report a problem
        10/20/2008Price change$500,000-4.8%$190/sqft
        Source: Cindy Dickerman #5422122 Report a problem
        10/11/2008Price change$525,000-12.5%$200/sqft
        Source: Cindy Dickerman #5422122 Report a problem
        9/21/2008Listed for sale$600,000$228/sqft
        Source: Cindy Dickerman #5422122 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,094 +3.8%$114,400
        2024$4,909 +2.8%$114,400
        2023$4,777 +2.5%$114,400
        2022$4,663 +2.1%$114,400
        2021$4,568 +259.1%$114,400
        2020$1,272 -71.6%$114,400
        2019$4,485 $114,400
        2018$4,485 +9899.1%$114,400
        2017$45 -98.9%$114,400
        2016$4,074 $114,400
        2015$4,074 $114,400
        2014$4,074 $114,400
        2013-- $114,400
        2012-- $114,400
        2011-- $114,400
        2010-- $114,400
        2009-- $114,400
        2008-- $114,400
        2007-- $114,400
        2006-- $114,400
        2005-- $114,400
        2004-- $114,400
        2003-- $114,400
        2000-- $114,400
        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: 19335

        Getting around

        75 / 100
        Very Walkable
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Dhs West
        • 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.

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