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$565,000 Just Listed
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Property Description
Don't miss this outstanding opportunity to own this 5-unit residential apartment building with strong income-producing potential. Whether you're looking to expand your real estate portfolio or purchase your first multifamily investment, this property offers an excellent combination of reliable cash flow and long-term appreciation potential. The building features five residential apartments, including three 1-bedroom units, one 2-bedroom unit, and one 3-bedroom unit, providing a desirable mix of unit sizes to attract a wide range of tenants. The property is currently occupied by long-term tenants, offering immediate rental income from day one. No Sunday Showings
Full Property Details
Full Property Details for 226 S Third Street S
General
- Price: $565,000
- Taxes: $7,477 (2026)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PALA2092160
- Updated: 7/30/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Parking Type: On Street, Other
Location
- Area: Columbia Boro (10511)
- Municipality: COLUMBIA BORO
- County: LANCASTER
- Subdivision: COLUMBIA BOROUGH
- Driving Directions: 30 West to Prospect road Exit, left on Prospect road, right on Columbia Ave Rt 462, left on Union, left on third
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiator, Baseboard - Electric
- Heating Fuel: Natural Gas, Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Dist. to Water: 5 Blocks
- Utility Description: Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
Structural Information
- Construction: Brick, Vinyl Siding
- Basement: Yes
- Roof: Composite, Shingle
- Building Size: 5619
- Year Built: 1840
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size Source: Estimated
- Lot Dimensions: 54 x 94 x 614 x 94
- Frontage Feet: 54
- Zoning: RESIDENTIAL, MULTI-UNIT
Water Features
- Water Front Type: River
- Water Front Name: Susquehanna River
Financial Considerations
- Price Per Sq. Ft.: $100.55
- Assessment Year: 2026
- School Tax: $4,937
- County Tax: $616
- County Tax Freq: Annually
- Tax w/Assessment: $192,400
- Tax Amount: $7,477
- Tax Year: 2026
- Owner Pays: Trash Collection, Taxes - Real Estate, Water, Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
Listed by Smoker Realty, LLC, Lori Lintner
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Schools
Schools serving 226 S Third Street S
School District:Columbia Borough School District
| Name | Grades | Distance |
|---|---|---|
Park El School 50 South 6th Street, Columbia, PA 17512 | K-4 | 0.3 mi |
Columbia Ms Hill Campus 901 Ironville Pike, Columbia, PA 17512 | 7-8 | 1.1 mi |
Columbia Junior-Senior High School 901 Ironville Pike, Columbia, PA 17512 | 9-12 | 1.1 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 226 S Third Street S
Date
Details
Price
Change
Source
7/30/2026
Listed
$565,000
—
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 226 S Third Street S
226 S Third Street S, Columbia, PA 17512 (MLS# PALA2092160) is a Apartment property. 226 S Third Street S is currently listed for $565,000 and was received on July 30, 2026. Want to learn more about 226 S Third Street S? 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.

