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$565,000 Just Listed
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Property Description
5-Unit Apartment Building 5-Unit Apartment Building - Prime Investment Opportunity A standout income-producing property offering both stability and upside. This well-maintained 5-unit apartment building generates $55,800 in annual income and features exceptionally spacious units, making it highly attractive to long-term, quality tenants. The building is in very good condition, providing a true turnkey investment. With low annual taxes of just $4,250, this property delivers strong cash flow while positioning you for long-term appreciation. The generous unit layouts help support consistent occupancy and rental growth over time. Ideal for both seasoned investors and those looking to scale their portfolio, this property combines dependable income with future potential
Full Property Details
Full Property Details for 215 W Vine St
General
- Price: $565,000
- Taxes: $4,250 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PALA2080824
- Updated: 1/16/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Parking Type: None
Location
- Area: Lancaster City (10533)
- Municipality: LANCASTER CITY
- County: LANCASTER
- Driving Directions: Use Gps
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Building Size: 621
- Year Built: 1950
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Lot Size Source: Assessor
- Zoning: R4 HIGH DENSITY
Financial Considerations
- Price Per Sq. Ft.: $909.82
- Tax w/Assessment: $103,600
- Tax Amount: $4,250
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tennant owned property
Listed by Hostetter Realty, Jacob D. Fisher
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Schools
Schools serving 215 W Vine St
School District:Lancaster School District
| Name | Grades | Distance |
|---|---|---|
Fulton El School, Lancaster, PA 225 West Orange Street, Lancaster, PA 17603 | PK-5 | 0.2 mi |
Reynolds Middle School 605 West Walnut Street, Lancaster, PA 17603 | 6-8 | 0.7 mi |
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602 | 9-12 | 1.3 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 215 W Vine St
Date
Details
Price
Change
Source
1/16/2026
Listed
$565,000
303.57%
MLS
10/21/2013
Sold
$140,000
—
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 215 W Vine St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,143
1%
$103,600
—
2024
$4,099
6%
$103,600
—
2023
$3,863
—
$103,600
—
2022
$3,863
1%
$103,600
—
2021
$3,822
1%
$103,600
—
2020
$3,780
2%
$103,600
—
2019
$3,723
-14%
$103,600
—
2018
$4,338
33%
$103,600
46%
2017
$3,257
2%
$70,900
—
2016
$3,188
1%
$70,900
—
2015
$3,150
4%
$70,900
—
2014
$3,027
—
$70,900
—
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 215 W Vine St
215 W Vine Street, Lancaster, PA 17603 (MLS# PALA2080824) is a Apartment property. 215 W Vine Street is currently listed for $565,000 and was received on January 16, 2026. Want to learn more about 215 W Vine Street? Do you have questions about finding other Apartment real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

