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$285,000
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Property Description
Excellent investment opportunity in the heart of Columbia! This mixed-use 4-unit property features a first-floor commercial space along with three 1-bedroom apartments on the second level, offering multiple income streams and strong cash-flow. The combination of residential and commercial space creates flexibility for investors looking to expand their portfolio or business owners seeking an owner-occupant opportunity with additional rental income. Conveniently located near shops, restaurants, and major commuter routes, this property benefits from strong visibility and easy accessibility. The neighboring mixed-use building is also available for purchase (465 Locust Street), presenting a rare opportunity to acquire adjoining investment properties and maximize long-term upside potential. Whether you are looking to add value through rental increases, renovations, or portfolio expansion, this property offers endless possibilities in a growing Columbia market.
Full Property Details
Full Property Details for 469 Locust St
General
- Sold For: $285,000
- Taxes: $6,191 (2026)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: PALA2088734
- Added to Site: 51 day(s) ago
Rental Information
- Lease Info: Month to Month
Parking
- Parking Type: On Street
Location
- Area: Columbia Boro (10511)
- Municipality: COLUMBIA BORO
- County: LANCASTER
- Driving Directions: Follow US-30 W to Prospect Rd in West Hempfield Township. Take the Prospect Road exit from US-30 W. Merge onto US-30 W. Take the Prospect Road exit. Follow PA-462 W to Locust St in Columbia. Sharp left onto Prospect Rd. Turn right onto PA-462 W. Pass by Dairy Queen. Turn left onto Locust St. Destination will be on the right.
School Information
- School District: Columbia Borough
- High School: Columbia Junior-Senior - Hill Campus
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Baseboard - Electric
- Heating Fuel: Electric, Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Other
- Construction: Brick, Vinyl Siding
- Square Feet: 3,624
- Sq. Ft. Source: Estimated
- Living Area: 3,624 Sq. Ft.
- Finished Above Grnd: 3,624 Sq. Ft.
- Year Built: 1900
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,485
- Lot Size Source: Estimated
- Zoning: COMMERCIAL - MULTI USE
Financial Considerations
- Price Per Sq. Ft.: $89.68
- Operating Expenses: $11,348
- Assessment Year: 2026
- School Tax: $4,088
- City/TownTax: $1,593
- City/TownTax Freq: Annually
- County Tax: $510
- County Tax Freq: Annually
- Tax w/Assessment: $159,300
- Tax Amount: $6,191
- Tax Year: 2026
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: All Tenant Owned Property, AC Window Units
- Inclusions: All Stoves & Refrigerators in Residential Apartments
Listed by Keller Williams Elite, Austin Will
Sold by Keller Williams Elite, Christian Will
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Schools
Schools serving 469 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 | 0.8 mi |
Columbia Junior-Senior High School 901 Ironville Pike, Columbia, PA 17512 | 9-12 | 0.8 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 469 Locust St
Date
Details
Price
Change
Source
6/30/2026
Sold
$285,000
-12.31%
MLS
5/22/2026
Listed
$325,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
469 Locust Street, Columbia, PA 17512 (MLS# PALA2088734) is a Multi-Family property that was sold at $285,000 on June 30, 2026. Want to learn more about 469 Locust Street? Do you have questions about finding other Multi-Family real estate for sale in Columbia? You can browse all Columbia real estate or contact a Coldwell Banker agent to request more information.

