PRICE REDUCTION - $699,900. Turnkey 4-Unit Investment Property in a great Downtown Lancaster location. 13 E. Walnut Street is a beautifully kept and maintained 4-unit investment property that is located in Lancaster’s Central Business District. This neighborhood is known for its vibrant downtown atmosphere and proximity to the City’s most popular amenities and attractions. This property features a good unit mix with a 2-bedroom apartment, two 1-bedroom apartments, and a studio, offering great rental appeal with a history of consistent occupancy. Each unit has recently been upgraded with attractive finishes including kitchens, bathrooms, flooring, and replacement exterior windows. This property features separated electric and gas utilities. Each unit operates independently for efficiency and ease of management. This building is fully occupied and provides immediate in place income. The current rents are below market offering a clear value add opportunity for the future. This property offers everything savvy investors look for: location, updates, income potential, and long-term growth.
Listed by:
EXP Realty, LLC
Source:
BRIGHT MLS
| Date | Days Ago | Event | New Price |
|---|---|---|---|
| May 12, 2026 | 23 days ago | Price decreased40,000 (6%) | $659,900 |
| May 2, 2026 | 1 mo ago | Price decreased50,000 (7%) | $699,900 |
| Apr 25, 2026 | 1 mo ago | Price decreased49,100 (6%) | $749,900 |
| Apr 1, 2026 | 2 mos ago | New on market | $799,000 |