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Auction
  • Est. $275,000

    796 Pequea Ave, Gap, PA 17527

    9beds
    4baths
    2,915sqft
    Quadruplex
    Built in 1890
    -- sqft lot
    $268,200 Zestimate®
    $94/sqft
    $-- HOA

    What's special

    Large backyardVinyl sidingOff-street parkingCement sidewalksBlacktop drivewayInterior improvementsFront porch
    **This property will be offered at Public Auction on September 23, 2026 @ 6:00 PM. The listing price is the suggested opening bid only and in no way reflects the final sales price. $35,000 initial investment is due on auction date. 2% transfer tax to be paid by the purchaser. Settlement on or before November 20, 2026.**Public Remarks** Discover an exceptional fully occupied 4-unit investment property at 796 Pequea Ave in Gap, PA, offering strong cash flow and excellent condition on a convenient 0.47-acre lot. This easy-to-manage multi-family features two well-maintained buildings: Units A & B comprise a spacious home recently updated with a new roof, vinyl siding, windows, front porch, and interior improvements, while Units C & D include a second 2-unit residence with a newly installed HVAC system. Generating approximately $56,400 in annual gross income ($4,700 monthly) with separate meters and tenants responsible for all utilities, the property benefits from low owner expenses (roughly $320/month for water, sewer, and trash), public sewer, off-street parking, a blacktop driveway, cement sidewalks, and a large backyard—delivering the reliable returns and low-maintenance appeal today’s smart investors seek.
    36 days
    1,025
    57

    Zillow last checked:

    Listing updated:

    Listed by:

    Chet Lapp 717-629-1928,

    William Penn Real Estate Assoc

    Source: Bright MLS,MLS#: PALA2093728MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 9
      • Bathrooms: 4
      Basement
      • Area: 0
      Heating
      • Baseboard, Oil
      Cooling
      • Window Unit(s), Electric
      Appliances
      • Included: Electric Water Heater
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 2,915
      • Total interior livable area: 2,915 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Driveway
      • Uncovered spaces: 6
      Accessibility
      • Accessibility features: 2+ Access Exits
      Features
      • Pool features: None
      Lot
      • Size: 0.47 Acres
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 5604467200000
      • Zoning: R-1
      • Special conditions: Auction

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      • Property subtype: Quadruplex
      Materials
      • Frame, Vinyl Siding
      • Foundation: Block
      • Roof: Asphalt,Metal
      Condition
      • Good
      • New construction: No
      • Year built: 1890

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Well

      Community & HOA

      Location
      • Region: Gap
      • Municipality: SALISBURY TWP

      Financial & listing details

      • Price per square foot: $94/sqft
      • Tax assessed value: $279,100
      • Annual tax amount: $5,711
      • Date on market: 8/14/2026
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
      • Ownership: Fee Simple
      • Total actual rent: 56000

        Estimated market value

        $268,200

        $255,000 - $282,000

        $1,349/mo

        Public tax history

        YearProperty taxesTax assessment
        2026$5,578 +1.5%$279,100
        2025$5,497 +2.5%$279,100
        2024$5,361 +3.3%$279,100
        2023$5,189 +2.1%$279,100
        2022$5,081 $279,100
        2021$5,081 +525.4%$279,100
        2020$812 -83.5%$279,100
        2019$4,910 +504.3%$279,100
        2018$812 -78.3%$279,100 +64.6%
        2016$3,737 +26.1%$169,600
        2015$2,964 $169,600
        2014$2,964 $169,600
        2012-- $169,600
        2011-- $169,600
        2010-- $169,600
        2009-- $169,600
        2007-- $169,600
        2006-- $169,600
        2005-- $169,600 +22.3%
        2004-- $138,700
        2003-- $138,700
        2002-- $138,700
        2000-- $138,700
        Find assessor info on the county website

        Climate risks

        Neighborhood: 17527

        Getting around

        38 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Pequea Valley

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