$450,000

23 N Shippen St Lancaster, PA 17602

$5,344
Closing credit¹
3,349 sqft
0.07 acres
$134 / sqft
Multi-Family

Property details

About 23 N Shippen St

Welcome home to this stunning historic 2-unit investment opportunity in downtown Lancaster. This spacious and well-maintained duplex is a fantastic investment or an ideal home for you to live in one apartment and rent the second. In the heart of Lancaster’s Historic District this property offers incredible income potential, with each vacant unit projected to rent for $2,000 per month—totaling $4,000 in monthly income. It also features separate utilities and off-street parking for two vehicles. Experience the grandeur of the 3- story front apartment as you step into the welcoming foyer. The first-floor living room, perfect for entertaining, boasts gleaming hardwood floors and natural light, creating a warm and inviting space. A hardwood staircase, protected by carpeted steps, leads to three bedrooms and three full baths. The rear apartment has a private entrance on East Grant Street and offers outdoor living with a private fenced-in backyard. The entrance leads to a bright, window-lined, living room, with built-in bookshelves for a cozy library nook. This unit features a formal dining room, updated kitchen as well as three bedrooms and 1.5 baths. Throughout both apartments, contemporary renovations enhance the home’s character, including electrical upgrades with dimmer switches for customized lighting. Each unit has its own furnace, hot water heater, electric meter, and washer/dryer hook-up for efficiency and independence. Nestled in a vibrant, predominantly owner-occupied neighborhood, this home is within walking distance to Musser Park, Central and Southern Markets, galleries, the Fulton, many great restaurants, brew pubs, and coffee shops. This property is a rare find with its prime location, contemporary updates and income-generating potential. It also offers the flexibility to be easily converted back to a single-family home. Don't miss the chance to own a piece of Lancaster’s rich history -- schedule your private showing today.

Highlights

Home typeDuplex
HeatingRadiant
StatusComing Soon
(COMING SOON)
CoolingWall Unit(s), Window Unit(s)
Size3,349 sqft
Lot size0.07 Acres
Year built1890
ParkingOff Street
MLS #PALA2066864
Active DateApril 10, 2025

Summary

  • MLS Number: PALA2066864
  • MLS Name: BRIGHT
  • Office Name: Keller Williams of Central PA
  • Office Phone: (717) 761-4300
  • Listing Agent: Judah Hoover
  • Agent Phone: (717) 330-6648
  • Agent Email: thejudahhoover@gmail.com

IDX 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: 4/9/2025, 8:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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exterior space with a chimney

$450,000

23 N Shippen St

$5,344

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 28, 2002
Home Sold
$104,900

Tax history

YearAssessmentProperty Tax
2024$245,000$9,694
2023$245,000$9,134
2022$245,000$9,134
2021$245,000$9,038
2020$245,000$8,938
2019$322,100$11,575
2018$322,100$13,485
2017$128,300$5,893

History based on county public records data.

Nearby schools

5

King Elementary School

Public District PK-5

0.4 mi

466 Rockland St

4

Carter and MacRae Elementary School

Public District PK-5

0.6 mi

251 S Prince St

4

Fulton Elementary School

Public District PK-5

0.6 mi

225 W Orange St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $19,907. Most Lancaster, PA residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

67%
<35k
20%
35k-100k
12%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
17%
Single, with Kids
13%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
4%
12-17 yrs old
42%
18-34 yrs old
40%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • Pro WrestlingPro Wrestling
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Cicis PizzaCicis Pizza
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • PontiacPontiac
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Lancaster, PA

About 23 N Shippen St

This home is located at 23 N Shippen St in Lancaster, PA and zip code 17602. This 3,349 square foot home, which was built in 1890, sits on a 0.07 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 3, 2025 and is currently priced at $450,000.

Lancaster, PA housing market in March 2025 saw over 44 listings sold above listed price, more than 22 sold at listed price and over 15 sold below. Between February and March 2025, Lancaster, PA real estate market has seen increase in the number of listings by 36.1%. Listings spent 17 days on the market in March 2025, and had a median list price of $328,571 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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