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$495,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3,300 Sq. Ft.
  • Updated 10 hours ago
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Rare 4-unit multifamily investment property in Leola, Lancaster County. The property is fully leased and consists of four 2-bedroom, 1-bath units, with two units located on the first floor and two units located on the second floor. Long-term tenant occupancy provides stable in-place income, with upside potential through rent increases and utility reimbursement implementation. Current gross annual income is approximately $44,160 with a current NOI of approximately $30,141. Pro forma gross annual income with modest rent increases is projected at approximately $46,200, with projected NOI increasing to approximately $39,346 annually following implementation of utility reimbursement fees and expense optimization. Located in a quiet residential setting within the Conestoga Valley School District in Upper Leacock Township, with convenient access to Lancaster and surrounding employment and retail corridors.

Full Property Details for 154-158 Main Street W

General

  • Price: $495,000
  • Taxes: $5,619 (2026)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: PALA2087744
  • Updated: 5/11/2026
  • Added to Site: 1 day(s) ago

Parking

  • Total Spaces: 12
  • Parking Type: Off Street

Location

  • Area: Upper Leacock Twp (10536)
  • Municipality: UPPER LEACOCK TWP
  • County: LANCASTER
  • Driving Directions: 154-158 W Main St

School Information

  • School District: Conestoga Valley

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: Detached
  • Construction: Frame, Metal Siding
  • Foundation: Other
  • Square Feet: 3,300
  • Sq. Ft. Source: Estimated
  • Living Area: 3,300 Sq. Ft.
  • Finished Above Grnd: 3,300 Sq. Ft.
  • Year Built: 1920
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.42
  • Lot Size (Sq. Ft.): 18,295
  • Lot Size Source: Estimated
  • Zoning: MIXED USE

Financial Considerations

  • Price Per Sq. Ft.: $150
  • Tax w/Assessment: $262,600
  • Tax Amount: $5,619
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Bennett Williams Realty, Inc., Joshua Miller and Bennett Williams Inc., Thomas P Troccoli

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Listing agents

— 154-158 Main Street W —

  • Joshua Miller

    Bennett Williams Realty, Inc.

  • Thomas P Troccoli

    Bennett Williams Inc.

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 154-158 Main Street W Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/11/2026
Listed
$495,000
80%
MLS
4/01/2004
Sold
$275,000
—
Public Record
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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 154-158 Main Street W

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,984
2%
$293,800
—
2024
$5,871
6%
$293,800
1%
2023
$5,527
—
$289,700
—
2022
$5,527
2%
$289,700
—
2021
$5,434
2%
$289,700
—
2020
$5,330
2%
$289,700
—
2019
$5,215
-14%
$289,700
—
2018
$6,063
37%
$289,700
42%
2017
$4,431
5%
$204,600
—
2016
$4,223
2%
$204,600
—
2015
$4,147
2%
$204,600
—
2014
$4,084
—
$204,600
—
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.

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NMLS#: 1598647

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Listed by Bennett Williams Realty, Inc., Joshua Miller and Bennett Williams Inc., Thomas P Troccoli

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154-158 Main Street W, Leola, PA 17540 (MLS# PALA2087744) is a Single Family property with 0 bedrooms and 0 full bathrooms. 154-158 Main Street W is currently listed for $495,000 and was received on May 11, 2026. Want to learn more about 154-158 Main Street W? Do you have questions about finding other Single Family real estate for sale in Leola? You can browse all Leola real estate or contact a Coldwell Banker agent to request more information.

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