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$765,000 Just Listed
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Property Description
Located in the heart of Downtown Columbia, just steps from the Columbia Historic District in Lancaster County, this fully renovated mixed-use property presents a prime investment opportunity. The building features multiple residential units along with a street-level storefront, offering diverse income potential in a highly visible downtown location. Renovations include modern kitchens, updated bathrooms, new flooring, and clean, neutral finishes throughout, creating a true turn-key asset for the next owner. Separate utilities across units help reduce owner expenses and improve operational efficiency. The detached three-car garage provides additional income potential or flexible tenant use - a rare feature in this downtown setting. With strong rental demand in Columbia and the added benefit of a commercial component, this property offers both stability and long-term upside in a growing Lancaster County market.
Full Property Details
Full Property Details for 431 Locust St
General
- Price: $765,000
- Taxes: $7,386 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PALA2083564
- Updated: Today (2/21/2026)
- Added to Site: Today
Business
- Business Type: Apartment Building
Additional Information
- Security/Safety: Smoke Detector
Parking
- Total Spaces: 3
- Parking Type: Off Site, On Street
Location
- Area: Columbia Boro (10511)
- Municipality: COLUMBIA BORO
- County: LANCASTER
- Subdivision: COLUMBIA
- Driving Directions: Use GPS
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas, Oil
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Masonry
- Basement: Yes
- Foundation: Crawl Space
- Building Size: 5211
- Year Built: 1920
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Lot Size Source: Estimated
- Zoning: DC
Financial Considerations
- Price Per Sq. Ft.: $146.8
- Assessment Year: 2025
- School Tax: $4,913
- County Tax: $557
- County Tax Freq: Annually
- Tax w/Assessment: $191,500
- Tax Amount: $7,386
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Taxes, Insurance, Common Area Maintenance
- Investment: Yes
Listed by Long & Foster Real Estate, Inc., Samantha Robinson
Get Pre-Approved Today
Schools
Schools serving 431 Locust St
School District:Columbia Borough School District
| Name | Grades | Distance |
|---|---|---|
Park El School 50 South 6th Street, Columbia, PA 17512 | K-4 | 0.2 mi |
Columbia Ms Hill Campus 901 Ironville Pike, Columbia, PA 17512 | 7-8 | 0.9 mi |
Columbia Junior-Senior High School 901 Ironville Pike, Columbia, PA 17512 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 431 Locust St
Date
Details
Price
Change
Source
2/21/2026
Listed
$765,000
21.04%
MLS
2/02/2024
Sold
$632,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 431 Locust St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,540
5%
$191,500
—
2024
$7,157
—
$191,500
—
2023
$7,157
—
$191,500
—
2022
$7,157
—
$191,500
—
2021
$7,157
—
$191,500
—
2020
$7,157
2%
$191,500
—
2019
$7,033
-7%
$191,500
—
2018
$7,603
35%
$191,500
40%
2017
$5,619
1%
$136,800
—
2016
$5,540
1%
$136,800
—
2015
$5,463
2%
$136,800
—
2014
$5,350
—
$136,800
—
Disclaimer: Historical tax 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 431 Locust St
431 Locust Street, Columbia, PA 17512 (MLS# PALA2083564) is a Apartment property. 431 Locust Street is currently listed for $765,000 and was received on February 21, 2026. Want to learn more about 431 Locust Street? 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.

