Rare opportunity to own a 4-unit building in the heart of Lancaster's West side and Chestnut Hill neighborhood. Located on West Lemon Street, within walking distance to downtown and Central Market, F&M, Buchanan Park, schools, Nightlife, restaurants, galleries, neighborhood stores and shops. Also located in the City's STR (Short Term Rental) district (see attached). We have completely gutted the property and all Electrical (including panels), Mechanical (dedicated, individual heat pump systems in each unit) and Plumbing is brand new (supply and waste lines). Two units have beautiful 1" original wood floors. Architect sealed commercial plans approved and all MEPI's will be signed off by Lancaster City and provided to buyer prior to settlement. This means that the property will be delivered to buyer framed and ready for drywall and fixtures. Unit 1 has kitchen cabinets, sink and faucet. SEE Document section for more info and plans. The hard stuff is done! It's ready for your vision! Projected NET annual Income is $50,700. *This property is best suited for an experienced "flipper". Seller is licensed PA Realtor and property owner.
Sold for $510,000
$510,000
445 W Lemon St, Lancaster, PA 17603
4beds
5baths
2,464sqft
Quadruplex
Built in 1898
-- sqft lot
$552,000 Zestimate®
$207/sqft
$1,909 Estimated rent
Home value
$552,000
$508,000 - $596,000
$1,909/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: June 26, 2025 at 07:52am
Listed by:
Jenny Rule 717-808-0143,
Iron Valley Real Estate of Lancaster
Bought with:
Donna Shaw, RS220269L
RE/MAX SmartHub Realty
Source: Bright MLS,MLS#: PALA2030230
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
Basement
- Area: 0
Heating
- Heat Pump, Forced Air, Electric
Cooling
- Central Air, Heat Pump, Electric
Appliances
- Included: Gas Water Heater
Features
- Windows: Double Hung, Double Pane Windows, Insulated Windows, Replacement, Screens, Storm Window(s), Vinyl Clad
- Basement: Drain,Exterior Entry,Partial,Sump Pump
- Has fireplace: No
Interior area
- Total structure area: 4,928
- Total interior livable area: 2,464 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Accessible Doors
Features
- Exterior features: Lighting, Flood Lights, Rain Gutters, Sidewalks
- Pool features: None
Lot
- Size: 2,614 sqft
- Features: Level, Rear Yard
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 3391314600000
- Zoning: R2
- Zoning description: Multi unit Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
Materials
- Brick, Masonry
- Foundation: Block, Crawl Space, Wood
- Roof: Architectural Shingle,Rubber
Condition
- New construction: No
- Year built: 1898
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Natural Gas Available, Cable
Community & neighborhood
Security
- Security features: Motion Detectors, Fire Escape
Location
- Region: Lancaster
- Subdivision: Chestnut Hill
- Municipality: LANCASTER CITY
HOA & financial
Other financial information
- Total actual rent: 62400
Other
Other facts
- Listing agreement: Exclusive Agency
- Income includes: Apartment Rentals
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2023 | Sold | $510,000-4.7%$207/sqft |
Source:  Bright MLS #PALA2030230 Report a problem | ||
| 3/28/2023 | Pending sale | $535,000$217/sqft |
Source: Bright MLS #PALA2030230 Report a problem | ||
| 2/25/2023 | Listed for sale | $535,000+67.2%$217/sqft |
Source: Bright MLS #PALA2030230 Report a problem | ||
| 7/12/2022 | Sold | $320,000-1.5%$130/sqft |
Source: Bright MLS #PALA2017514 Report a problem | ||
| 5/4/2022 | Pending sale | $325,000$132/sqft |
Source:  Berkshire Hathaway HomeServices Homesale Realty #PALA2017514 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,534 +1.1% | $188,400 |
| 2024 | $7,455 +8.6% | $188,400 +6.8% |
| 2023 | $6,863 +4.3% | $176,400 |
Find assessor info on the county website
Neighborhood: Chestnut Hill
Nearby schools
GreatSchools rating
- 6/10Thomas Wharton El SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Reynolds Middle SchoolGrades: 6-8Distance: 0.2 mi
- 5/10Mccaskey CampusGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- Elementary: Wharton
- High: Mccaskey Campus
- 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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- Pennsylvania
- Lancaster County
- Lancaster
- 17603
- Chestnut Hill
- 445 W Lemon St