This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$600,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Welcome to your next multi-family investment or house hack! This 4 unit building boasts 2,890 square feet and is in a prime location on the north side of Lancaster City. Units 1&2 are currently mid-term rentals, usually to traveling nurses or medical personnel looking for 1-6 month stays. The combination of updated condition and location close to LGH and only a short drive to Penn State Health makes these units desirable midterm rentals. Units 3&4 are long term rentals. 3 out of 4 units have been fully updated including vinyl plank flooring, kitchens and bathrooms. This is your opportunity to purchase a performing asset, current 11.3% cap rate! Monthly rental income averaged $5,667 in 2025 and $5,613 in 2026. The heating for each unit is separate and the electric is metered individually with a landlord meter for common areas. Here is the unit breakdown. Unit #1 is a one bed, one bath MTR at $1650 monthly rent. Unit #2 is a studio at $1650 monthly rent. Unit #3 is a 2 bed 1 bath LTR (with a spiral staircase!) at $1500 monthly rent. Unit #4 is a studio LTR at $955 monthly rent. The garage is rented at $150 monthly rent to a neighbor for storage. Their is a fenced-in backyard for the tenants to enjoy. Additional updates/maintenance include new hot water heaters for units 1&3, new heating element for unit 2, mini-splits for cooling in units 1&2, furnace serviced in December, 2025, brick was resealed May, 2025, new dryer November, 2025, repainted the siding red April, 2025, and quarterly pest control by Terminix. Whether you want to live in one unit and have the others cover your payment or purchase a performing rental asset, this is your opportunity. Schedule a showing today!
Full Property Details
Full Property Details for 146 E Clay St
General
- Sold For: $600,000
- Taxes: $6,871 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PALA2092072
- Added to Site: 82 day(s) ago
Rental Information
- Lease Info: Long Term
Interior
- Number of Rooms: 8
- Interior Features: Bathroom - Walk-In Shower, Bathroom - Tub Shower, Carpet, Curved Staircase, Entry Level Bedroom
Parking
- Garage: Yes
- Garage Spaces: 1
- Total Spaces: 1
- Parking Features: Public, Paved Parking
- Parking Type: Detached Garage
- Garage Description: Covered Parking
Location
- Area: Lancaster City (10533)
- Municipality: LANCASTER CITY
- County: LANCASTER
- Driving Directions: Use GPS
School Information
- School District: School District Of Lancaster
Heating & Cooling
- Cooling Type: Ductless/Mini-Split, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Twin/Semi-Detached
- Construction: Brick, Masonry
- Foundation: Brick/Mortar, Stone
- Stories/Levels: 3
- Square Feet: 2,890
- Sq. Ft. Source: Assessor
- Living Area: 2,890 Sq. Ft.
- Finished Above Grnd: 2,890 Sq. Ft.
- Year Built: 1904
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
Additional Structures
- Other Structures: Garage(s)
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Lot Size Source: Assessor
- Zoning: RESIDENTIAL
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $207.58
- Assessment Year: 2026
- School Tax: $4,237
- City/TownTax: $2,102
- City/TownTax Freq: Annually
- County Tax: $532
- County Tax Freq: Annually
- Tax w/Assessment: $166,300
- Tax Amount: $6,871
- Tax Year: 2025
- Terms: Standard Sale
- Owner Pays: Repairs, Sewer, Water, Trash Collection, Taxes - Real Estate
- Tax Total Finished Sq. Ft.: 2890
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants Personal Property
Listed by Prime Home Real Estate, LLC, Parker Wolfe
Sold by Keller Williams Elite, Mike Lapp
Get Pre-Approved Today
Schools
Schools serving 146 E Clay St
School District:Lancaster School District
| Name | Grades | Distance |
|---|---|---|
Ross El School, Lancaster, PA 840 North Queen Street, Lancaster, PA 17603 | PK-5 | 0.3 mi |
Lincoln Middle School 1001 Lehigh Avenue, Lancaster, PA 17602 | 6-8 | 1 mi |
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602 | 9-12 | 0.7 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 146 E Clay St
Date
Details
Price
Change
Source
9/02/2026
Sold
$600,000
0.02%
MLS
7/23/2026
Listed
$599,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
146 E Clay Street, Lancaster, PA 17602 (MLS# PALA2092072) is a Single Family property that was sold at $600,000 on September 02, 2026. Want to learn more about 146 E Clay Street? Do you have questions about finding other Single Family real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

