137 W Lancaster Ave Downingtown, PA 19335
Property details
About 137 W Lancaster Ave
137 W Lancaster Ave Downingtown. mixed unit. Store front and 1 bedroom apartment with 2 bathroom. 3rd floor used to be finished could be finished again for additional bedroom. Call agent for Potential Income for store front with 1 full bathroom (includes shower) and the 2nd floor apartment. This used to be a 3 unit. Owner wanted to have a large store front and turned this into a larger first floor store front. There is 8 parking spots for this lot. Potential Cap rate is 6.8%. This is a good investment for you or a place for your business? The owner is relocating and business is not included. This is 1 block away from the Downingtown Train Station and half a block away from the Septa Bus Stop. Right on the Main Street of Downingtown. This is a great location!
Highlights
(ACTIVE)
Summary
- Basement: Yes
- Parking: Private,Secure Parking, Driveway
- Exterior: Awning(s)
- Architectural Style: Traditional
- Heating: Hot Water
- Cooling: Window Unit(s)
- List Price: $429,900
- Price/SqFt: $143
- Annual Tax Amount: $3,570
- Tax Year: 2024
- Lot: Back Yard
- Directions: a few doors down from the downingtown train station at the w lancaster ave and stuart ave. driveway is off the alley on stuart ave.
- Year Built: 1950
- Living Area: 3,000 SqFt
- Municipality: Downingtown Boro
- Lot Size: 0.13 Acres
- MLS Number: PACT2028520
- MLS Name: BRIGHT
- Office Name: Springer Realty Group
- Office Phone: (484) 498-4000
- Listing Agent: Peter B Gustis
- Agent Phone: (610) 209-9219
- Agent Email: pete@petegustis.com
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 participates, and is provided by BRIGHT through a licensing agreement.
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 sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/17/2025, 12:55:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$429,900
137 W Lancaster Ave
$5,105
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $85,500 | $3,570 |
| 2023 | $85,500 | $3,484 |
| 2022 | $85,500 | $3,413 |
| 2021 | $85,500 | $3,351 |
History based on county public records data.
Nearby schools
6
East Ward Elementary School
Public District KG-5
0.4 mi
•435 Washington Ave
5
Beaver Creek Elementary School
Public District KG-5
1.0 mi
•601 W Pennsylvania Ave
6
Bradford Heights Elementary School
Public District KG-5
1.3 mi
•1330 Romig Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,792. Typical income of Downingtown, PA residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Pro Boxing
Horse Races
Figure Skating
Where do the neighbors shop?
Burlington
Stein Mart
Chico's
Where do the neighbors go to eat?
Popeyes
LongHorn Steakhouse
Bob Evans
What do the neighbors drive?
Dodge
Buick
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Contemporary Inspirational
News
Frequently asked questions
About 137 W Lancaster Ave
The listing price of 137 W Lancaster Ave property is $429,900.
The property 137 W Lancaster Ave is a multi located in Downingtown, Pennsylvania, 19335.
Active Listing: 137 W Lancaster Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 137 W Lancaster Ave are: East Ward Elementary School (GreatSchools Rating 6/10), Beaver Creek Elementary School (GreatSchools Rating 5/10), Bradford Heights Elementary School (GreatSchools Rating 6/10), Downingtown Middle School (GreatSchools Rating 6/10), Lionville Middle School (GreatSchools Rating 6/10), E. N. Peirce Middle School (GreatSchools Rating 6/10), Downingtown STEM Academy (GreatSchools Rating 10/10), Downingtown High School West (GreatSchools Rating 7/10), Collegium Charter School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $3,570 (source: MLS/based on county public records data).
The property 137 W Lancaster Ave is 3,000 SqFt (source: MLS/tax record).
The year of construction for 137 W Lancaster Ave is 1950.
This home is located at 137 W Lancaster Ave in Downingtown, PA and zip code 19335. This 3,000 square foot home, which was built in 1950, sits on a 0.13 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 7, 2022 and is currently priced at $429,900.
The number of listings in Downingtown, PA increased by 61% between April and May 2025. The median list price of listings available in May 2025 was $600,000, while the average time on the real estate market was 45 days.