Back 146 E Clay St
Off Market

146 E Clay St

Lancaster PA 17602

3
1
2890 sq. ft.
2614 sq. ft.
Duplex
Last sold for $600,000
Parker WolfeParker Wolfe, last sold this property on 02 September 2026 after 41 days on market.

Overview

Welcome to your next multi-family investment or house hack! This 4 unit building boasts 2,890 square feet and is in a prime location on the north side of Lancaster City. Units 1&2 are currently mid-term rentals, usually to traveling nurses or medical personnel looking for 1-6 month stays. The combination of updated condition and location close to LGH and only a short drive to Penn State Health makes these units desirable midterm rentals. Units 3&4 are long term rentals. 3 out of 4 units have been fully updated including vinyl plank flooring, kitchens and bathrooms. This is your opportunity to purchase a performing asset, current 11.3% cap rate! Monthly rental income averaged $5,667 in 2025 and $5,613 in 2026. The heating for each unit is separate and the electric is metered individually with a landlord meter for common areas. Here is the unit breakdown. Unit #1 is a one bed, one bath MTR at $1650 monthly rent. Unit #2 is a studio at $1650 monthly rent. Unit #3 is a 2 bed 1 bath LTR (with a spiral staircase!) at $1500 monthly rent. Unit #4 is a studio LTR at $955 monthly rent. The garage is rented at $150 monthly rent to a neighbor for storage. Their is a fenced-in backyard for the tenants to enjoy. Additional updates/maintenance include new hot water heaters for units 1&3, new heating element for unit 2, mini-splits for cooling in units 1&2, furnace serviced in December, 2025, brick was resealed May, 2025, new dryer November, 2025, repainted the siding red April, 2025, and quarterly pest control by Terminix. Whether you want to live in one unit and have the others cover your payment or purchase a performing rental asset, this is your opportunity. Schedule a showing today!

Features

3 bedrooms
1 carspace
1 garage space
2890 sq. ft. floor area
2614 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 3 bedroom duplexes sold in Lancaster over the last 12 months, the estimated median property value of 146 E Clay St is $343k.

Median value
$343k
Estimated value range
$234.9k - $600k
Median days on market
8
Estimated value trend
33%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lancaster. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 146 E Clay St

2026
Sold
$600,000
02 Sep 2026 by Parker Wolfe, of Prime Home Real Estate, LLC
2023
Sold
$415,000
17 Oct 2023 by Marlena Stoltzfus, of BHHS Homesale Realty-Lancaster
2021
Sold
$370,000
30 Jul 2021 by Wendell Huyard, of BHHS Homesale Realty-Lancaster

Happy sellers in Lancaster

90%
90% of sellers in Lancaster reported that their sale price either exceeded or met their price expectations.

Lancaster stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 10 reviews in Lancaster over the last 12 months.

Local market activity for 3 bedroom duplexes in Lancaster

In the last 12 months, 6 three-bedroom duplexes similar to 146 E Clay St, have been sold.

This represents a 62% increase in three-bedroom duplexes sales when compared to the previous 12 months.

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