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$2,375,000 Just Listed
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Property Description
Hard to find and well-maintained 12 unit apartment complex is situated on a generous 2.9-acre lot. Constructed with vinyl siding and brick, this property boasts a solid foundation and is in very good condition, ensuring minimal immediate maintenance costs for investors. Some updates include new roofs and siding in 2019 and exterior doors and 84 windows replaced in 2023. The interior features a blend of carpet and ceramic tile flooring, providing for comfortable residential units. Each has a private entrance, all appliances and laundry. Each unit also has access to their own private storage unit and assigned private parking. Accessibility is a key advantage, enhancing the property's appeal to potential tenants. This property is strategically positioned to capitalize on local market demand, making it an ideal choice for investors seeking to generate consistent rental income. The current owner covers essential expenses such as trash, water, sewer, real estate taxes, and insurance, streamlining operational management. With no association fees or restrictive amenities. The low overhead costs and well managed property positions it as a lucrative addition to any investment portfolio. Seize this opportunity to invest now.
Full Property Details
Full Property Details for 196 Stone House Ln
General
- Price: $2,375,000
- Taxes: $11,558 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PALA2085276
- Updated: 4/1/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Apartment Building
Interior
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Restrooms: 12
Parking
- Total Spaces: 23
- Parking Features: Private
- Parking Type: Parking Lot
Location
- Area: West Hempfield Twp (10530)
- Municipality: WEST HEMPFIELD TWP
- County: LANCASTER
- Driving Directions: Use GPS (196 Stone House Ln)
School Information
- High School: Hempfield
Heating & Cooling
- Cooling Type: Wall Unit
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding, Brick
- Roof: Shingle, Composite
- Entry Floor Number: 1
- Stories/Levels: 2
- Year Built: 1989
- Year Built Source: Assessor
- Property Condition: Good, Very Good
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 2.9
- Lot Size (Sq. Ft.): 126,324
- Lot Size Source: Assessor
- Street/Road Desc.: Black Top
- Zoning: R3
Financial Considerations
- Assessment Year: 2026
- School Tax: $9,103
- City/TownTax: $930
- City/TownTax Freq: Annually
- County Tax: $1,526
- County Tax Freq: Annually
- Tax w/Assessment: $476,700
- Tax Amount: $11,558
- Tax Year: 2025
- Owner Pays: Insurance, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Lawn/Shrub Care
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Oven/Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer in each unit.
- Investment: Yes
Listed by Keller Williams Elite, Scott A Clinton
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Schools
Schools serving 196 Stone House Ln
School District:Hempfield School District
| Name | Grades | Distance |
|---|---|---|
Mountville El School 200 College Avenue, Mountville, PA 17554 | K-6 | 2.4 mi |
Centerville Middle School 865 Centerville Road, Lancaster, PA 17601 | 7-8 | 4.5 mi |
Hempfield Senior High School 200 Stanley Ave, Salunga-Landisville, PA 17538 | 9-12 | 5.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 196 Stone House Ln
Date
Details
Price
Change
Source
4/01/2026
Listed
$2,375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 196 Stone House Ln
196 Stone House Lane, Columbia, PA 17512 (MLS# PALA2085276) is a Apartment property. 196 Stone House Lane is currently listed for $2,375,000 and was received on April 01, 2026. Want to learn more about 196 Stone House Lane? Do you have questions about finding other Apartment real estate for sale in Columbia? You can browse all Columbia real estate or contact a Coldwell Banker agent to request more information.

