313-315 E Cottage Avenue Millersville, PA $ 449,900
313-315 E Cottage Avenue
$ 449,900
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313-315 E Cottage Avenue

Millersville, PA, 17551
$ 449,900
Baths0.0

Monthly Estimate*

$ 2,770

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Studio

Multi-Family Home for sale in Millersville, PA

for $449,900. This home was built in 1948 on a lot size of 1.5.

Set on a generous 1.5-acre lot, this rare investment opportunity features two separate 2-bedroom single-family homes plus a professional level garage in the back of the lot that produces an additional income stream. The property offers exceptional flexibility, strong income potential, and long-term upside. Whether you choose to live in one home and rent the other or lease both, this is a true multi-stream income-producing asset in a high-demand rental corridor. Ideally located just minutes from Millersville University, the property benefits from consistently strong rental demand driven by students, university staff, and the surrounding workforce. Significant improvements have been completed throughout both homes and structures, including mechanical systems and basement waterproofing. Unit 313 is currently rented (lease includes detached 2 car garage behind it) and features hardwood floors, an enclosed front porch, rear deck, updated hot water heater and gas furnace, a dry-locked basement with Bilco access, and a detached two-car garage. Unit 315 offers updated interior finishes, hardwood floors, front and rear porch/patio spaces, new Bilco doors providing improved basement access and functionality, and plenty of off street parking. All of the improvements to the property help reduce future capital expense concerns for the buyer. A standout feature of the property is the upgraded income producing garage in the rear of the lot. The new structure is complete with a car lift and ample space for automotive work, equipment, or hobby/business use, adding versatility beyond traditional residential income. With two homes, two garages, and multiple income streams, this property offers a rare combination of land, location, and flexibility in a consistently strong rental market with enduring demand.

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Multi-Family Active

Price

$ 449,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 6,721

Style

Bungalow

Lot Size

1.5

Year Built

1948

Town/City

Millersville

County/Region

Lancaster

MLS | Web ID

PALA2090552

Features
General
Living Area 1488
Sewer Public Sewer
Heating Forced Air Hot Water Radiator
Cooling Ceiling Fan(s) Window Unit(s)
Utilities Cable TV Available Electric Available Natural Gas Available Sewer Available Water Available
Possession Settlement
Roof Composite Shingle
Appliances Dishwasher Dryer Oven/Range - Electric Refrigerator Washer
Zoning RESIDENTIAL
Garage Spaces 4.00
Patio/Porch Features Deck(s) Enclosed Patio(s) Porch(es)
Architectural Style Bungalow
Construction Materials Vinyl Siding
School District PENN MANOR
Exclusions Tenant personal property and staging items.
Year Built 1948
Electric 200+ Amp Service
Property Subtype Duplex
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Municipality MILLERSVILLE BORO
Accessibility None
County LANCASTER
Insurance Expense 2496.00
New Construction N
Property Type Multi-Family
Subdivision Name MILLERSVILLE
Garage Y/N Y
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions From Route 30 take 741 S Right onto Barbara St. Barbara St. becomes E. Cottage. Property on Right.
City MILLERSVILLE
Disclosures Lead Based Paint - State Prop Disclosure
Number Of Units Total 2
MLS Area Millersville Boro (10544)
Lot Size Units Square Feet
Lot Size Square Feet 65340.00
Number of Units Leased 1
Tax Annual Amount 6721.0
Home Warranty Y/N N
Trash Expense 792.00
Two Bedroom 0
Structure Type Detached
Price Per Sq Ft Total AG 302.35
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Virtual Tour https://gressphotography.com/313315-E-Cottage-Ave/idx
Lease Type Yearly
Standard Status Active
Year Built Source Assessor
Total Actual Rent 49800.00
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Interior
Interior Amenities Ceiling Fan(s) Entry Level Bedroom Upgraded Countertops Wood Floors
Heating Fuel Natural Gas Oil
Basement Drain Full Interior Access Outside Entrance Poured Concrete Sump Pump Unfinished Water Proofing System
Flooring Ceramic Tile Hardwood Vinyl
Hot Water Electric Natural Gas
Furnished Units None
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Parking Features Asphalt Driveway
Lot Features Stream/Creek
Water Source Well
Garage Features Additional Storage Area Garage Door Opener Oversized
Type of Parking Detached Garage Driveway Off Street
Foundation Details Block
Water View Y/N N
Lot Size Acres 1.50
Road Surface Type Paved
Lot Size Source Assessor
Waterfront Y/N N
Door Features Storm
Road Responsibility Public
Land Assessed Value 100300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 313
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* Excluded Features
List By
Berkshire Hathaway Homeservices Homesale Realty

Broker

sfrysinger@homesale.com

Email

Affordability Calculator

$3,330
Per Month
83%
17%
0%
Monthly Principal & Interest
$2,770
Monthly Property Taxes
$560
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
2137232 Elementary School
2136895 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/19/2026$449,900 Listed Price

Map


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313-315 E Cottage Avenue, Millersville, PA, 17551 is a Multi-Family Home for sale at $449,900 with a lot size of 1.5. 313-315 E Cottage Avenue is a studio with 0.0 baths and was built in 1948. The property's zip code is 17551 which is in Millersville, PA