Coming Soon
5 beds2 baths1,932 sqft
140 Schoolhouse Rd, Palmyra, PA 17078
Est: $2,292/moGet pre-approved

See It First™

This home is on Compass before it's listed on other real estate sites.

Multi FamilyProperty Type
0.99 acresLot Size
1925Year Built
$191/sq ftPrice per sq ft

Description

Prime Investment Opportunity or Live-In Landlord Setup in Palmyra!
Welcome to 140 Schoolhouse Road, a fully renovated multi-unit property offering exceptional flexibility, comfort, and steady income potential. Perfectly positioned for owner-occupants looking to supplement their mortgage or savvy investors seeking a turnkey addition to their portfolio.
This unique property features two distinct living units designed with maximum space and complete independence in mind:
Unit 1 (Main Level): Spacious layout
...Prime Investment Opportunity or Live-In Landlord Setup in Palmyra!

Welcome to 140 Schoolhouse Road, a fully renovated multi-unit property offering exceptional flexibility, comfort, and steady income potential. Perfectly positioned for owner-occupants looking to supplement their mortgage or savvy investors seeking a turnkey addition to their portfolio.

This unique property features two distinct living units designed with maximum space and complete independence in mind:

Unit 1 (Main Level): Spacious layout offering 3 comfortable bedrooms.

Unit 2 (Upper Level): Bright and airy layout featuring 2 bedrooms.

Both units enjoy updated kitchens, modern updated bathrooms, their own private porch, separate entrances, and dedicated parking spaces. Exceptional storage and utility space abound, as each unit features its own separate attic and private basement space.

Inside, no detail has been missed. The entire property has been completely updated and freshly painted, featuring brand-new LVP flooring, plush carpet, and refinished hardwood floors throughout.

Outside, the property sits on a spacious 1+ acre lot featuring a fully fenced-in yard, a garage, and a dedicated workshop space. Situated in a fantastic location close to local amenities, schools, and major routes. Move-in ready and built to impress—schedule your private tour today!

Listing Agent

  1. MOLLY SNYDER

    MOLLY SNYDER

    Listing Agent

    Coldwell Banker Realty

    P: (717) 503-9625

Last updated: 10/01/2026 07:12 PM • Source: BRIGHT, MLS#: PALN2028952

Location

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$2,292 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,975

Property Taxes

$317

HOA Dues

$0

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Property Information for 140 Schoolhouse Road

Property Details
  • Taxes: $3,803 / year
  • MLS Type: Multi-Family / Fee Simple
  • Tax ID Number: 31-2292618-345038-0000
  • Ownership: Fee Simple
  • Structure Type: Detached
  • Style: Other
  • Waterfront: No
  • Garage: No
  • Expected On Market Date: 10-03-2026
  • Subdivision: NONE AVAILABLE
  • Subdivision: NONE AVAILABLE (LEBANON PA)
  • Municipality: SOUTH LONDONDERRY TWP
  • Central Air: No
  • Basement: Yes
  • Above Grade Finished SQFT: 1,932.00
  • Above Grade Fin SQFT Source: Estimated
  • Below Grade Finished SQFT: .00
  • Below Grade Fin SQFT Source: Assessor
  • Total Below Grade SQFT: .00
  • Total Below Grade SQFT Source: Assessor
  • New Construction: No
  • Building Winterized Y/N: No
  • Property Condition: Excellent
Building Information
  • Residences: 2
  • Year Built: 1925
  • Lot Size: 0.99 AC / 43,124 SF
Location
Location
  • School District Name: PALMYRA AREA
  • School District County ID: 300200397383
  • Middle Or Junior School: PALMYRA AREA (LEBANON PA)
  • High School: PALMYRA AREA (LEBANON PA)
  • County: LEBANON
  • MLS Area: South Londonderry Twp (13231)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2026
  • Tax Assessed Value: $158,000
  • Year Assessed: 2026
  • County Tax: $725
  • Improvement Assessed Value: $92,700
  • City Town Tax: $210
  • Land Assessed Value: $65,300
  • Zoning: RESIDENTIAL
  • Zoning Dscrp: Residential
  • School Tax: $2,868
  • Tax Page Number: 1497
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 1
  • Units Furnished: None
  • Units Leased Count: 0
  • Number Of Units Vacant: 2
  • Number Of Units Month To Month: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Beds Total: 3
  • Full Baths Count: 1
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Beds Total: 2
  • Full Baths Count: 1
Financial Information
Financial Information
  • Existing Lease Type: None
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,932.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 119 x 364
  • Parcel ID: 10351327
  • Ground Rent Exists: No
  • Ground Rent Payment Frequency: Annually
Parking
Parking
  • Type Of Parking: Off Street
Interior Features
Interior Features
  • Interior Features: Ceiling Fan(s)
  • Fireplace: Yes
  • Fireplaces Count: 1
  • Appliances: Oven/Range - Gas, Refrigerator
  • Accessibility Features: None
  • Laundry Type: Dryer In Unit, Washer In Unit, Hookup
Exterior Features
Exterior Features
  • Outdoor Living Structures: Porch(es)
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Natural Gas Available
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: 200+ Amp Service, Circuit Breakers
Confidential Data
Listing Office
  • List Agent AOR: Greater Harrisburg Association of REALTORS

Property History for 140 Schoolhouse Road

DateEvent & SourcePriceAppreciation
May 23, 2012

Closed

BRIGHT #1003501189

$139,900—
May 22, 2012

Closed (Public Record)

Public Record #331592890

$139,900—
Apr 9, 2012

Pending

BRIGHT #1003501189

—
DateEvent & SourcePrice
05/23/2012

Closed

BRIGHT #1003501189

$139,900
05/22/2012

Closed (Public Record)

Public Record #331592890

$139,900
04/09/2012

Pending

BRIGHT #1003501189

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 140 Schoolhouse Road

Taxable ValueLand$65,300Additions$92,700Total$158,000
Tax Record2026$3,962 ($330 / month)
Home Facts
Baths2Total Finished SqFt2,064 SqFtAbove Grade Finished SqFt2,064 SqFtStories2Lot Size43,996 SqFtStyleDuplexYear Built1925CountyLEBANONAPN31-2292618-345038-0000Fireplace TypeHas Fireplace

Schools near 140 Schoolhouse Road

This home is within Palmyra Area School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 1 to 5
Rating
School
Distance
Lingle Avenue El School
PublicK to 5

Palmyra Area Middle School
Public6 to 8

Palmyra Area Senior High School
Public9 to 12

Pine Street El School
Public1 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

140 Schoolhouse Road is a multi-family home Coming Soon in Palmyra, PA 17078. This property is currently priced at $369,900. This listing's school district is Palmyra Area School District. Nearby schools include Lingle Avenue El School, Palmyra Area Middle School and Palmyra Area Senior High School. 140 Schoolhouse Road is a 5-bed, 2-bath, 1,932 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.