348 S Queen Street Lancaster, PA ^$ 239,900

348 S Queen Street

^$ 239,900

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Recently Listed

348 S Queen Street

Lancaster, PA, 17603

^$ 239,900

Bedrooms4 Baths0.0

Monthly Estimate*

^$ 1,477

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Multi-Family Home for sale in Lancaster, PA

for $239,900 with 4 bedrooms. This home was built in 1880 on a lot size of 0.04.

Investment opportunity - 2 unit property. Unit 1 is a 1 bed in need of some TLC. Unit 2 is a 3 bed in good condition. Rents are $1150 for unit 1 and $1,230 for unit 2 (gross rent: $28,560). Owner pays W/S/T. Tenant occupied, so 24 hr notice is needed for showings. New furnaces installed in each unit -2025.

Multi-Family Active

Price

^$ 239,900

Bedrooms

Property Type

Multi-Family

Taxes

^$ 2,843

Style

Traditional

Lot Size

0.04

Year Built

1880

Town/City

Lancaster

County/Region

Lancaster

MLS | Web ID

PALA2082662

Features

General

Living Area 2080

Sewer Public Sewer

Heating 90% Forced Air

Cooling None

Possession Settlement

Zoning RESIDENTIAL

Architectural Style Traditional

Construction Materials Brick

School District SCHOOL DISTRICT OF LANCASTER

Exclusions Tenants personal property

Year Built 1880

Property Subtype Duplex

Tax Year 2025

Ownership Fee Simple

Cool Fuel None

Municipality LANCASTER CITY

Accessibility None

County LANCASTER

Net Operating Income 20500.00

New Construction N

Property Type Multi-Family

Garage Y/N N

Water Access Y/N N

Other Structures Above Grade Below Grade

Status ACTIVE

Directions Left side of S Queen St.

City LANCASTER

Number Of Units Total 2

MLS Area Lancaster City (10533)

Lot Size Units Square Feet

Lot Size Square Feet 1742.00

Number of Units Leased 2

Tax Annual Amount 2843.0

Two Bedroom 0

Structure Type Interior Row/Townhouse

Price Per Sq Ft Total AG 115.34

Acceptable Financing Cash Conventional

Rent Control Y/N N

Vacation Rental Y/N N

Standard Status Active

Year Built Source Estimated

Total Actual Rent 28560.00

Interior

Heating Fuel Natural Gas

Basement Unfinished

Hot Water Electric

Basement (Y/N) Y

Heating Y/N Y

Central Air Y/N N

Exterior

Pool No Pool

Water Source Public

Inclusions refrigerators

Type of Parking On Street

Foundation Details Stone

Spa N

Water View Y/N N

Lot Size Acres 0.04

Lot Size Source Estimated

Waterfront Y/N N

Land Assessed Value 7800.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 348

* Excluded Features

List By

Iron Valley Real Estate Of Lancaster

Broker

solutionsbykerry@gmail.com

Affordability Calculator

$1,714

Per Month

Monthly Principal & Interest: $1,477
Monthly Property Taxes: $237
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Lancaster, PA

Average List Price ^$516,633

Percent of Sale Price 115%

About Lancaster, PA

61,016 Population

8% Since 2002

^$37,817 Median Income

34.09 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3535657 Elementary School

3534803 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/12/2026	$239,900	-4.00%	Price Down
2/3/2026	$249,900		Listed Price

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348 S Queen Street, Lancaster, PA, 17603 is a Multi-Family Home for sale at $239,900 with a lot size of 0.04. 348 S Queen Street has 4 bedrooms, 0.0 baths, and was built in 1880. The property's zip code is 17603 which is in Lancaster, PA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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348 S Queen Street

Multi-Family Home for sale in Lancaster, PA

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