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$369,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 5 Beds
  • 2 Full Baths
  • 1,932 Sq. Ft.
  • Updated 1 day ago
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Prime Investment Opportunity or Live-In Landlord Setup in Palmyra! Welcome to 140 Schoolhouse Road, a fully renovated multi-unit property offering exceptional flexibility, comfort, and steady income potential. Perfectly positioned for owner-occupants looking to supplement their mortgage or savvy investors seeking a turnkey addition to their portfolio. This unique property features two distinct living units designed with maximum space and complete independence in mind (or the buyer could convert to single-family home): "¢Unit 1 (Main Level): Spacious layout offering three comfortable bedrooms. "¢Unit 2 (Upper Level): Bright and airy layout featuring two bedrooms. Both units enjoy updated kitchens, modern updated bathrooms, their own private porch, separate entrances, and dedicated parking spaces. Exceptional storage and utility space abound, as each unit features its own separate attic and shared basement space. Inside, no detail has been missed. The entire property has had major renovations including, freshly painted, new LVP flooring, new carpet, and refinished hardwood floors throughout, enhanced lighting & electrical upgrades. Outside, the property sits on a spacious 1+ acre lot with sections of fenced-in yard, a garage, and a dedicated workshop space. Situated in a fantastic location close to local amenities, schools, and major routes. Move-in ready and built to impress-schedule your private tour today!

Full Property Details for 140 Schoolhouse Rd

General

  • Price: $369,900
  • Taxes: $3,803 (2026)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSPhilly
  • MLS ID: PALN2028998
  • Updated: 10/3/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Appliances: Oven/Range - Gas, Refrigerator

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Floor Baths: 2
  • Main - Full Baths: 2

Bedrooms

  • Total Bedrooms: 5
  • Bedrooms Main & Up: 5

Exterior

  • Porch/Patio/Deck: Porch(es)

Parking

  • Parking Type: Off Street

Location

  • Area: South Londonderry Twp (13231)
  • Municipality: SOUTH LONDONDERRY TWP
  • County: LEBANON
  • Driving Directions: Use GPS

School Information

  • School District: Palmyra Area
  • Middle School: Palmyra Area
  • High School: Palmyra Area

Heating & Cooling

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

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Natural Gas Available

Structural Information

  • Architectural Style: Other
  • Structure Type: Detached
  • Construction: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Partial
  • Foundation: Permanent
  • Roof: Fiberglass, Asphalt
  • Stories Description: Main
  • Square Feet: 1,932
  • Sq. Ft. Source: Estimated
  • Living Area: 1,932 Sq. Ft.
  • Finished Above Grnd: 1,932 Sq. Ft.
  • Year Built: 1925
  • Year Built Source: Assessor
  • Property Condition: Excellent

Lot Features

  • Lot Size (Acres): 0.99
  • Lot Size (Sq. Ft.): 43,124
  • Lot Size Source: Estimated
  • Lot Dimensions: 119 x 364
  • Zoning: RESIDENTIAL

Financial Considerations

  • Price Per Sq. Ft.: $191.46
  • Assessment Year: 2026
  • School Tax: $2,868
  • City/TownTax: $210
  • City/TownTax Freq: Annually
  • County Tax: $725
  • County Tax Freq: Annually
  • Tax w/Assessment: $158,000
  • Tax Amount: $3,803
  • Tax Year: 2026
  • Tax Total Finished Sq. Ft.: 2064

Disclosures and Reports

  • Ownership: Fee Simple
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 140 Schoolhouse Rd —

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Be ready to buy your new home!

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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Schools serving 140 Schoolhouse Rd

School District:Palmyra Area School District
NameGradesDistance
Lingle Avenue El School
600 South Lingle Avenue, Palmyra, PA 17078
K-51.2 mi
Palmyra Area Middle School
50 West Cherry Street, Palmyra, PA 17078
6-82.1 mi
Palmyra Area Senior High School
1125 Park Drive, Palmyra, PA 17078
9-121.6 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 140 Schoolhouse Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/03/2026
Listed
$369,900
164.4%
MLS
5/22/2012
Sold
$139,900
—
Public Record
Get Price Alerts and Save Property
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 140 Schoolhouse Rd

Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,962
4%
$158,000
—
2025
$3,811
8%
$158,000
—
2024
$3,526
32%
$158,000
—
2022
$2,663
4%
$158,000
—
2021
$2,570
-20%
$158,000
—
2020
$3,196
3%
$158,000
—
2019
$3,098
1%
$158,000
—
2018
$3,069
7%
$158,000
—
2016
$2,867
8%
$158,000
—
2015
$2,656
—
$158,000
—
2014
$2,661
—
$158,000
—
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.

Estimate the Cost for 140 Schoolhouse Rd

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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140 Schoolhouse Road, Palmyra, PA 17078 (MLS# PALN2028998) is a Single Family property with 5 bedrooms and 2 full bathrooms. 140 Schoolhouse Road is currently listed for $369,900 and was received on October 03, 2026. This property is listed by Mary Ellen "Molly" Snyder from our Hershey Office.Want to learn more about 140 Schoolhouse Road? Do you have questions about finding other Single Family real estate for sale in Palmyra? You can browse all Palmyra real estate or contact a Coldwell Banker agent to request more information.

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