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Listing description

***6 Mostly Tenant-Occupied Downtown Lancaster Properties Just Listed. Offered for sale individually or as a full investment portfolio: 2-UNIT 241 N FRANKLIN ST. $224,900. // SOLD, 1-UNIT 243 N FRANKLIN ST. $210,000., 3-UNIT 152 E WALNUT ST. $474,900., 1-UNIT 40 N PLUM ST. $229,900., 2-UNIT 145 E CHESTNUT ST. $549,900, 3-UNIT + GARAGE 404 W ORANGE ST. $349,900. // SOLD*** 40 North Plum Street is leased through 12/14/2026 for $1,580. per month. Nestled in a charming neighborhood, this delightful 2-bedroom, 1-bathroom townhouse exudes warmth and character. Built in 1890, its traditional masonry design offers a glimpse into the past while providing modern comforts. The inviting interior features a large, clean and dry full basement, perfect for storage or to finish it off to your liking. Refinished hardwood floors 2014 and updated appliances 2015. The community surrounding this home is vibrant and welcoming, with local parks just a short stroll away, ideal for leisurely walks in nature all while living in the city. Residents enjoy easy access to nearby schools, ensuring quality education is within reach. The neighborhood boasts a variety of shops and eateries, fostering a strong sense of community and connection. Easy on-street parking adds convenience, while the low-maintenance allows you to spend more time enjoying the local amenities. Please note, most of the rear outdoor area is owned and maintained by the property next door, so enjoy the gardens without any of the required upkeep. This property is not just a house; it's a place to create lasting memories in a community that feels like home. Experience the charm and comfort of this lovely townhouse today!

Facts & features

Interior

Bedrooms
2
Bathrooms
1 full
Living area
1,350 sq ft
Heating
Forced Air
Cooling
Window Unit(s)

Property & construction

Property type
Residential · Interior Row/Townhouse
Architectural style
Traditional
Year built
1890

Lot & parking

Lot size
0.01 acres (436 sq ft)

Financial

Price / sq ft
$170
HOA dues
None

Listing details

MLS #
PALA2087004
County
Lancaster County
School district
School District Of Lancaster
Days on market
56 days

Price history

DateEventPrice
May 13, 2026Listed for sale$229,900

Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.

The NookLocal estimate

Estimated value

$227,000

Automated estimate, not an appraisal. Sale records through July 2026.

About this estimate

Based on 10 comparable sales nearby, the Lancaster County assessment ratio, weighted toward the current asking price.

Current list price
$229,900
County assessment implies
$178,800

Comparable Sales

AddressClosedSale priceBd/BaSqftAdjusted value
521 HAMILTON ST, LANCASTER, PA 17602May 2026$230,0002/11,295$226,680
522 E ORANGE ST, LANCASTER, PA 17602March 2026$285,0003/11,368$276,328
421 W MARION ST, LANCASTER, PA 17603April 2026$235,0002/11,338$233,827
520 S DUKE ST, LANCASTER, PA 17602April 2026$164,9003/11,388$160,733
536 WOODWARD ST, LANCASTER, PA 17602January 2026$215,0003/11,392$213,130
608 E MARION ST, LANCASTER, PA 17602January 2026$189,9002/11,478$175,623

Estimated taxes

Recorded property taxes: $3,694 (2026 bill as recorded in the MLS).

Estimated monthly payment calculator

$45,980 (20%)
6.43%

Loan term

Estimated monthly payment

$1,529/mo

Principal & interest
$1,154
Property taxes
$308
Home insurance (est.)
$67

Taxes use the amount recorded on the MLS. The default rate is the average 30-year rate as of July 2026; insurance is estimated at 0.35% of the price per year. Below 20% down, lenders usually add mortgage insurance, which this estimate doesn't include. Estimate only; verify before relying on it.

Area statistics

School district

School District Of Lancaster

2025 PA state assessments (PSSA / Keystone) and graduation data. The index measures student outcomes, not school effectiveness, and is not adjusted for demographics. Districts serve all residents; verify enrollment boundaries with the district.

Safety data

Lancaster County crime & safety numbers →

FBI and Pennsylvania source data, presented without spin.

Property taxes

Lancaster County taxes, explained →

Millage, the Common Level Ratio, and what changes after you buy.

© BRIGHT, All Rights Reserved

Information Deemed Reliable But Not Guaranteed

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.

IDX listings are displayed pursuant to broker of record United Real Estate Strive 212, Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Data last updated: July 8, 2026 at 2:41 PM EDT

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