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$424,900

  • For Sale
  • Active
  • Single Family
  • 3,000 Sq. Ft.
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137 W Lancaster Ave Downingtown. mixed unit. Store front and 1 bedroom apartment with 2 bathroom. 3rd floor used to be finished could be finished again for additional bedroom. Call agent for Potential Income for store front with 1 full bathroom (includes shower) and the 2nd floor apartment. This used to be a 3 unit. Owner wanted to have a large store front and turned this into a larger first floor store front. There is 8 parking spots for this lot. Potential Cap rate is 6.8%. This is a good investment for you or a place for your business? The owner is relocating and business is not included. This is 1 block away from the Downingtown Train Station and half a block away from the Septa Bus Stop. Right on the Main Street of Downingtown. This is a great location!

Full Property Details for 137 W Lancaster Ave

General

  • Price: $424,900
  • Taxes: $3,485 (2023)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: PACT2028520
  • Updated: 12/17/2025
  • Added to Site: 1, 290 day(s) ago

Rental Information

  • Lease Info: Owner Occupied

Exterior

  • Exterior Features: Awning(s)

Parking

  • Total Spaces: 8
  • Parking Features: Private, Secure Parking
  • Parking Type: Driveway

Location

  • Area: Downingtown Boro (10311)
  • Municipality: DOWNINGTOWN BORO
  • County: CHESTER
  • Driving Directions: a few doors down from the downingtown train station at the w lancaster ave and stuart ave. driveway is off the alley on stuart ave.
  • Location Details: Downtown

School Information

  • School District: Downingtown Area

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Natural Gas Available, Electric Available

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Twin/Semi-Detached
  • Construction: Frame, Stucco
  • Basement: Yes
  • Basement Desc.: Dirt Floor
  • Foundation: Block, Other
  • Square Feet: 3,000
  • Sq. Ft. Source: Estimated
  • Living Area: 3,000 Sq. Ft.
  • Finished Above Grnd: 3,000 Sq. Ft.
  • Year Built: 1950
  • Year Built Source: Estimated
  • Property Condition: Excellent

Unit Information

  • Other Units: Unit 1, Unit 2

Lot Features

  • Property View: Street
  • Lot Size (Acres): 0.13
  • Lot Size (Sq. Ft.): 5,600
  • Lot Size Source: Assessor
  • Zoning: R60 MIX
  • Lot Description: Rear Yard, Road Frontage

Financial Considerations

  • Price Per Sq. Ft.: $141.63
  • Assessment Year: 2023
  • School Tax: $2,442
  • City/TownTax: $654
  • City/TownTax Freq: Annually
  • County Tax: $389
  • County Tax Freq: Annually
  • Tax w/Assessment: $85,500
  • Tax Amount: $3,485
  • Tax Year: 2023
  • Tax Total Finished Sq. Ft.: 2831

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: tenants personal property
  • Lot Number: 314

Listed by Springer Realty Group, Peter B Gustis

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Listing agent

— 137 W Lancaster Ave —

  • Peter B Gustis

    Springer Realty Group

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 137 W Lancaster Ave

School District:Downingtown Area School District
NameGradesDistance
Beaver Creek El School
601 West Pennsylvania Avenue, Downingtown, PA 19335
K-50.6 mi
Downington Middle School
115 Rock Raymond Road, Downingtown, PA 19335
7-80.9 mi
Downingtown High School West Campus
445 Manor Avenue, Downingtown, PA 19335
9-120.7 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 137 W Lancaster Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/11/2025
Price Reduced
$424,900
-1.16%
MLS
4/23/2024
Price Reduced
$429,900
-2.07%
MLS
4/12/2024
Price Reduced
$439,000
-2.23%
MLS
7/07/2022
Listed
$449,000
—
MLS
Get Price Alerts and Save Property
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 for 137 W Lancaster Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,807
7%
$85,500
—
2024
$3,570
2%
$85,500
—
2023
$3,485
2%
$85,500
—
2022
$3,414
2%
$85,500
—
2020
$3,352
—
$85,500
—
2019
$3,352
—
$85,500
—
2018
$3,352
—
$85,500
—
2017
$3,352
3%
$85,500
—
2016
$3,257
-2%
$85,500
—
2015
$3,334
—
$85,500
—
2014
$3,334
—
$85,500
—
View All
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 for 137 W Lancaster Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Springer Realty Group, Peter B Gustis

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137 W Lancaster Avenue, Downingtown, PA 19335 (MLS# PACT2028520) is a Single Family property with 0 bedrooms and 0 full bathrooms. 137 W Lancaster Avenue is currently listed for $424,900 and was received on July 07, 2022. Want to learn more about 137 W Lancaster Avenue? Do you have questions about finding other Single Family real estate for sale in Downingtown? You can browse all Downingtown real estate or contact a Coldwell Banker agent to request more information.

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