521 & 523 E Main Street Palmyra, PA $ 450,000
521 & 523 E Main Street
$ 450,000
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521 & 523 E Main Street

Palmyra, PA, 17078
$ 450,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 2,771

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Multi-Family Home for sale in Palmyra, PA

for $450,000 with 6 bedrooms. This home was built in 1930 on a lot size of 0.18.

Excellent investment opportunity in Palmyra located in a highly desirable school district! This well-maintained triplex offers three spacious units with separate utilities and strong rental potential. 523 E Main St: This unit features two floors of living space with 2 bedrooms and 1 full bath on the second level. The main level includes a living room, dining room, kitchen, half bath & laundry. Luxury vinyl plank flooring throughout the main level and carpet upstairs. Tenant-owned washer and dryer located in the kitchen. Two-zone gas hot water heat, no A/C. Tenant pays water/sewer, gas, and electric. Access to shared unfinished basement. 521 Unit A (Main Level): One-bedroom unit with living room, kitchen, full bath, and in-unit laundry. Gas hot water heat, no A/C. Tenant pays gas and electric; owner covers water/sewer and trash. Shared basement with separate access with 523. 521 Unit B (Upper Unit): Spacious multi-level unit offering 3 bedrooms and 1 full bath. Second level includes living room, kitchen, one bedroom, bath, and laundry. Third floor provides two additional bedrooms. Gas heat and central air. Furnace and 100-amp subpanel located on the third level. Tenant pays gas and electric; owner covers water/sewer and trash. The shared basement houses gas furnaces for 523 and 521 Unit A, water heaters for all three units, and three separate 100-amp electric panels. Additional features include off-street parking for all units in the rear and owner-maintained yard. The owner will be replacing the roof! Great opportunity for investors or owner-occupants alike!

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Multi-Family Active

Price

$ 450,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 5,292

Style

Lot Size

0.18

Year Built

1930

Town/City

Palmyra

County/Region

Lebanon

MLS | Web ID

PALN2025266

Features
General
Living Area 2922
Sewer Public Sewer
Heating Hot Water
Cooling Ceiling Fan(s) Central A/C
Possession Settlement
Roof Shingle Metal
Appliances Dishwasher Oven/Range - Electric Refrigerator Washer Dryer
Zoning RESIDENTIAL MULTI FAMILY
Architectural Style Other
Security Features Smoke Detector Carbon Monoxide Detector(s)
Construction Materials Aluminum Siding
School District PALMYRA AREA
Exclusions 523 E Main St - Washer/Dryer
Year Built 1930
Electric Circuit Breakers
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality PALMYRA BORO
Accessibility None
County LEBANON
Net Operating Income 31565.00
Insurance Expense 1750.00
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 Use GPS for best results
City PALMYRA
Disclosures Prop Disclosure Lead Based Paint - Federal
Number Of Units Total 3
MLS Area Palmyra Boro (13216)
Lot Size Units Square Feet
Lot Size Square Feet 7841.00
Number of Units Leased 3
Tax Annual Amount 5292.0
Two Bedroom 1
Structure Type Other
Price Per Sq Ft Total AG 154.0
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Total Actual Rent 41700.00
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Interior
Interior Amenities Bathroom - Tub Shower Carpet Ceiling Fan(s)
Heating Fuel Natural Gas
Basement Unfinished
Flooring Luxury Vinyl Plank Vinyl Carpet Wood
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Parking Features Gravel Driveway Concrete Driveway
Water Source Public
Inclusions 523 E Main St - Refrigerator Stove 521 E Main St Unit A & B - Washer/ Dryer Refrigerator Stove
Type of Parking Off Street
Foundation Details Stone
Water View Y/N N
Lot Size Acres 0.18
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 26500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 521
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* Excluded Features
List By
Iron Valley Real Estate

Broker

amanda@amandakrall.com

Email

Affordability Calculator

$3,212
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$441
Monthly Home Insurance
--
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
2137043 Elementary School
4306026 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/31/2026$450,000 Listed Price

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521 & 523 E Main Street, Palmyra, PA, 17078 is a Multi-Family Home for sale at $450,000 with a lot size of 0.18. 521 & 523 E Main Street has 6 bedrooms, 0.0 baths, and was built in 1930. The property's zip code is 17078 which is in Palmyra, PA