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$495,000
3,300
square ft

154-158 Main Street W
LEOLA, Pennsylvania 17540

Pending / MLS #PALA2087744 / Multiple Unit (2-4) / LEOLA
Listing information updated 6/8/2026 at 3:22pm
Rare 4-unit multifamily investment property in Leola, Lancaster County. The property is fully leased and consists of four 2-bedroom, 1-bath units, with two units located on the first floor and two units located on the second floor. Long-term tenant occupancy provides stable in-place income, with upside potential through rent increases and utility reimbursement implementation. Current gross annual income is approximately $44,160 with a current NOI of approximately $30,141. Pro forma gross annual income with modest rent increases is projected at approximately $46,200, with projected NOI increasing to approximately $39,346 annually following implementation of utility reimbursement fees and expense optimization. Located in a quiet residential setting within the Conestoga Valley School District in Upper Leacock Township, with convenient access to Lancaster and surrounding employment and retail corridors.
Architecture Style:
Other
Cooling System:
Window Unit(s)
Heating System:
Radiator
Pool:
No
Age:
106 Years
Parking Spaces:
12
Water Front:
No
Square Feet:
3,300
Lot Size:
18295.20 Square Feet
Acreage:
0.42
Tax Amount:
$5,619
Tax Year:
2026
Zip Code:
17540
City:
Leola
County:
Lancaster
School District(s):
CONESTOGA VALLEY
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Bennett Williams Realty, Inc.

Listing Office Phone: 717.843.5555

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154-158 Main Street W, Leola, PA 17540 is a multiple unit (2-4) which sold for $495,000. This multiple unit (2-4) has been listed on RLAH @properties since May 11th, 2026 and was built in 1920.

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