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$329,900 Just Listed
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Property Description
Welcome to 726 1st Street in Lancaster - a fantastic opportunity to own a fully tenant occupied, multi-use investment property in a convenient location! This dwelling features three separate one-bedroom apartments, each offering functional layouts and comfortable living spaces. With all units currently occupied, this property provides immediate rental income and a strong foundation for both seasoned investors and those looking to expand their portfolio. Situated in a desirable area of Lancaster, you'll enjoy close proximity to local shops, dining, and major routes, making it an attractive location for tenants. Whether you're looking to grow your investment portfolio or secure a reliable income-producing property, this is an opportunity you won't want to miss. Add this property to your portfolio and start earning from day one!
Full Property Details
Full Property Details for 726 1st St
General
- Price: $329,900
- Taxes: $5,260 (2026)
- Status: Active
- Type: Triplex
- Source: BrightMLSPhilly
- MLS ID: PALA2086052
- Updated: 4/9/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Bathroom - Tub Shower, Floor Plan - Traditional, Wood Floors
- Appliances: Washer/Dryer Hookups Only
- Flooring: Hardwood, Vinyl
Additional Information
- Security/Safety: Smoke Detector
Exterior
- Exterior Features: Fire Escape, Sidewalks, Street Lights
Parking
- Total Spaces: 4
- Parking Features: Private, Public
- Parking Type: Off Street, On Street
Location
- Area: Lancaster City (10533)
- Municipality: LANCASTER CITY
- County: LANCASTER
- Subdivision: LANCASTER
- Cross Streets: Ruby
- Driving Directions: Travel PA-462 E/Columbia Avenue/E Main Street, turn R onto Ruby Street, turn R onto 1st Street. Home is located on the R side of the road.
- Location Details: Middle Of Block
School Information
- School District: School District Of Lancaster
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available
Structural Information
- Architectural Style: Traditional
- Structure Type: Other
- Construction: Brick
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Full, Outside Entrance
- Roof: Rubber
- Square Feet: 4,356
- Sq. Ft. Source: Estimated
- Living Area: 4,356 Sq. Ft.
- Finished Above Grnd: 4,356 Sq. Ft.
- Year Built: 1905
- Year Built Source: Estimated
- Property Condition: Average
Lot Features
- Property View: City, Street
- Lot Size (Acres): 0.5
- Lot Size (Sq. Ft.): 21,780
- Lot Size Source: Estimated
- Frontage Feet: 25
- Zoning: RESIDENTIAL
- Lot Description: Level, Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $75.73
- School Tax: $3,243
- City/TownTax: $1,609
- City/TownTax Freq: Annually
- County Tax: $407
- County Tax Freq: Annually
- Tax w/Assessment: $127,300
- Tax Amount: $5,260
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: All Appliances In Each Unit
Listed by Mountain Realty ERA Powered, Nathan Mountain
Get Pre-Approved Today
Schools
Schools serving 726 1st St
School District:Lancaster School District
| Name | Grades | Distance |
|---|---|---|
Smith-Wade-El Elementary School 910 Hamilton Park Drive, Lancaster, PA 17603 | PK-5 | 0.5 mi |
Reynolds Middle School 605 West Walnut Street, Lancaster, PA 17603 | 6-8 | 0.4 mi |
Mccaskey Campus 445 North Reservoir Street, Lancaster, PA 17602 | 9-12 | 1.8 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 726 1st St
Date
Details
Price
Change
Source
4/09/2026
Listed
$329,900
161.83%
MLS
6/01/2004
Sold
$126,000
—
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 726 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,091
1%
$127,300
—
2024
$5,037
6%
$127,300
—
2023
$4,746
—
$127,300
—
2022
$4,746
1%
$127,300
—
2021
$4,697
1%
$127,300
—
2020
$4,644
2%
$127,300
—
2019
$4,575
-14%
$127,300
—
2018
$5,330
31%
$127,300
44%
2017
$4,070
2%
$88,600
—
2016
$3,984
1%
$88,600
—
2015
$3,937
4%
$88,600
—
2014
$3,783
—
$88,600
—
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 726 1st St
726 1st Street, Lancaster, PA 17603 (MLS# PALA2086052) is a Triplex property with 0 bedrooms and 0 full bathrooms. 726 1st Street is currently listed for $329,900 and was received on April 09, 2026. Want to learn more about 726 1st Street? Do you have questions about finding other Triplex real estate for sale in Lancaster? You can browse all Lancaster real estate or contact a Coldwell Banker agent to request more information.

