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$292,000
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Property Description
Investment opportunity in Lancaster City. Unit #1 (Occupied- Rent $1,100 Month) 1 bedroom offers 1st floor living, vinyl replacement windows, updated kitchen and bathroom. Unit #2 (Occupied- Rent $1,299 Month) 3 bedroom, spacious two story, 2nd story balcony, vinyl replacement windows, finished hardwood flooring, updated kitchen & bathroom. Separate utilities for both apartments. Owner pays water, sewer and trash. Ready for investor to add to rental portfolio or homeowner to potentially live in a unit with additional rental income. 24 hour notice required for all showings.
Full Property Details
Full Property Details for 405 S Shippen St
General
- Sold For: $292,000
- Taxes: $2,162 (2025)
- Status: Closed
- Type: Townhouse
- Source: BrightMLSPhilly
- MLS ID: PALA2078408
- Added to Site: 163 day(s) ago
Parking
- Parking Type: On Street
Location
- Area: Lancaster City (10533)
- Municipality: LANCASTER CITY
- County: LANCASTER
- Driving Directions: East on King Street to Right on S. Shippen Street to property on Left.
School Information
- School District: School District Of Lancaster
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Baseboard - Electric
- Heating Fuel: Natural Gas, Electric
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Interior Row/Townhouse
- Construction: Brick, Masonry
- Foundation: Brick/Mortar
- Square Feet: 1,880
- Sq. Ft. Source: Assessor
- Living Area: 1,880 Sq. Ft.
- Finished Above Grnd: 1,880 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,307
- Lot Size Source: Assessor
- Zoning: RESIDENTIAL
Financial Considerations
- Price Per Sq. Ft.: $159.52
- Assessment Year: 2025
- School Tax: $1,342
- City/TownTax: $666
- City/TownTax Freq: Annually
- County Tax: $153
- County Tax Freq: Annually
- Tax w/Assessment: $52,700
- Tax Amount: $2,162
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1880
Disclosures and Reports
- Ownership: Fee Simple
Listed by RKG Real Estate, LLC, Ryan L. Gearhart
Sold by Keller Williams Elite, Doug Kline
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Schools
Schools serving 405 S Shippen St
School District:Lancaster School District
| Name | Grades | Distance |
|---|---|---|
King El School 466 Rockland Street, Lancaster, PA 17602 | PK-5 | 0.3 mi |
Lincoln Middle School 1001 Lehigh Avenue, Lancaster, PA 17602 | 6-8 | 0.9 mi |
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602 | 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 405 S Shippen St
Date
Details
Price
Change
Source
2/20/2026
Sold
$292,000
-2.63%
MLS
10/30/2025
Listed
$299,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
405 S Shippen Street, Lancaster, PA 17602 (MLS# PALA2078408) is a Townhouse property that was sold at $292,000 on February 20, 2026. Want to learn more about 405 S Shippen Street? Do you have questions about finding other Townhouse real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

