123 College Avenue
Lancaster, PA 17603
- 4 beds
- 2 baths
- 1,547 sqft
- 1,742 sqft lot
- $135 per sqft
- 1900 build
This property will be offered at Public Auction on Friday, May 30, 2025 @ 6pm. The listing price is the opening bid only and in no way reflects the final sale price. 10% down due at auction, 2% transfer tax to be paid by the purchaser, real estate taxes prorated. Parcel 1 will be sold first, followed by Parcel #2. These two identical duplex investment properties are ideally located near Franklin & Marshall College, with convenient access to downtown Lancaster and major routes including 222, 30, and 283. Each property features two spacious units—one on the first floor and one on the second. The first-floor units include a cozy living room, a kitchen, one bedroom, a full bathroom, and access to a basement. The second-floor units offer a comfortable living room, a kitchen, three bedrooms, and a full bathroom—ideal for tenants needing extra space. Parcel 2 includes the added benefit of off-street parking, while Parcel 1 offers on-street parking only. Whether you're expanding your portfolio or entering the rental market, this is a solid investment opportunity in the heart of Lancaster City
Last checked:
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Last updated Apr 23, 2025
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MLS# PALA2068628 —
The Building
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Year Built:1900
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Year Built Source:Assessor
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Roof:Composite, Shingle
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New Construction:No
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Construction Materials:Frame, Vinyl Siding, Brick, Masonry
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Structure Type:Twin/Semi-Detached
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Architectural Style:Side-by-Side
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Levels:3
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Accessibility Features:None
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Foundation Details:Brick/Mortar, Stone
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Basement:Yes
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Basement Type:Unfinished
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:1547
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:1547
Interior
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Interior Features:2nd Kitchen, Bathroom - Stall Shower
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Room Count:8
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Flooring Type:Carpet, Vinyl
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:1547
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Living Area SqFt:1,547 Sqft
Financial & Terms
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Sale Type:Auction
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Acceptable Financing:Cash, Conventional
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Possession:Settlement
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Lease Considered:No
Location
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Directions:Please use GPS
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Latitude:40.03871918
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Longitude:-76.32101440
The Property
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Property Type:Residential
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Property Condition:Average
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Lot Size Units:Square Feet
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Lot Size Acres:0.04
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Lot Size Source:Assessor
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Lot Size Dimensions:0.00 x 0.00
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Lot Dimensions Source:Assessor
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Lot SqFt:1,742 Sqft
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Additional Parcels:Yes
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Additional Parcels:Parcel #1 That Attached To 123 College At 121 College Avenue Is Also Available For Sale At The Auction The Same Day And Time.
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Zoning:COMMERCIAL URBAN
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Outdoor Living Structures:Porch(es)
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:114
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (717) 932-2599
- Office phone:
- (717) 932-2599
Taxes
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Tax ID Number:335-59899-0-0000
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Tax Year:2024
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Tax Annual Amount:$4,530
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Tax Assessed Value:$114,500
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Year Assessed:2025
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School Tax:2750.0
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County Tax:333.00
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City/Town Tax:1447.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:4
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Bedrooms Main Level:1
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Upper Level Bedrooms:3
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Upper Level 1 Bedrooms:1
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Bedrooms Upper Level:2
Baths
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Total Baths:2
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Full Baths:2
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Main Level Baths:1.00
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Main Level Full Baths:1
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Upper Level Full Baths:1
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Upper Level Total Baths:1
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Upper Level Total Baths:1.00
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Upper Level Full Baths:1
Heating & Cooling
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Cooling Type:None
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Central Air:No
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Cooling Fuel:None
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Heating:Yes
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Heating Type:Baseboard - Electric
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Electric
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Water Source:Public
Appliances
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Appliances:Built-In Microwave, Oven/Range - Gas, Range Hood
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Laundry Type:Basement
Schools
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School District Name:School District Of Lancaster
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School District Source:Listing Agent
The Community
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Subdivision Name:Lancaster City Ward 5
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
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Municipal Trash:Yes
Parking
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Total Garage and Parking Spaces:2
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Garage:No
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Type of Parking:Off Street
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Off Street - # of Spaces:2
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$210,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,124
|
Taxes | $377 |
Insurance | $57 |
Utilities | $195 See report |
Total | $1,753/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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4/23/25
Apr 23, 2025
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Listed / Active | BRIGHT | $210,000 |

41% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $10k above asking price on average, but some went as high as $215k over asking price.