#PALA2066684, James T. Dunn III, Listing Office: Iron Valley Real Estate of Lancaster
23 N Shippen St Lancaster, PA 17602
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
(COMING SOON)
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
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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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$450,000
23 N Shippen St
$5,344
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
May 28, 2002 | Home Sold | $104,900 |
Tax history
Year | Assessment | Property 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.
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.
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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.