348 S Queen St

2
Baths
2,080 Sq. Ft.
$120 / Sq. Ft.
2,080
Sq. Ft.
$120
per Sq. Ft.

Description

Investment opportunity - 2 unit property. Unit 1 is a 1 bed in need of some TLC. Unit 2 is a 3 bed in good condition. Rents are $1150 for unit 1 and $1,230 for unit 2 (gross rent: $28,560). Owner pays W/S/T. Tenant occupied, so 24 hr notice is needed for showings.Investment opportunity - 2 unit property. Unit 1 is a 1 bed in need of some TLC. Unit 2 is a 3 bed in good condition. Rents are $1150 for unit 1 and $1,230 for unit 2 (gross rent: $28,560). Owner pays W/S/T. Tenant occupied, so 24 hr notice is needed for showings.
  1. Listed by Kerry Martin • Iron Valley Real Estate of Lancaster
    P: (717)-826-2778 solutionsbykerry@gmail.com

Property Details for 348 South Queen Street

Tax ID Number
334-15057-0-0000
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Municipality
LANCASTER CITY
Central Air
No
LISTING UPDATED: 02/04/2026 01:43 AM

Property Details for 348 South Queen Street

StatusActive
MLS #PALA2082662
Days on Market3
Taxes$2,843 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1880
Lot Size0.04 AC / 1,742 SF
CountyLancaster County

Location

Listing Courtesy of Iron Valley Real Estate of Lancaster
Add your commute

Building Information for 348 South Queen Street

Stories-Residences2Year Built1880Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$1,455 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,218

Property Taxes

$237

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 348 South Queen Street

Location
Location
  • School District Name: SCHOOL DISTRICT OF LANCASTER
  • School District County ID: 300200397286
  • SchoolDistrictSource: Listing Agent
  • County: LANCASTER
  • MLS Area: Lancaster City (10533)
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: 2025
  • Tax Assessed Value: $69,300
  • Year Assessed: 2025
  • County Tax: $201
  • Improvement Assessed Value: $61,500
  • Land Assessed Value: $7,800
  • Zoning: RESIDENTIAL
  • School Tax: $1,765
  • 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: 1
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 1
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
  • Number Of Units Month To Month: 1
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Beds Total: 1
  • Full Baths Count: 1
Unit 2
  • Type: Unit 1
  • Unit Type Occupied YN: No
  • Beds Total: 3
  • Full Baths Count: 1
Financial Information
Financial Information
  • Net Operating Income: $20,500
  • Annual Rental Income: $28,560
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,080.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 4057746
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Spa: No
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Lancaster County Association of REALTORS

Property History for 348 South Queen Street

DateEvent & SourcePriceAppreciation
Feb 2, 2026

Listed (Active)

BRIGHT #PALA2082662

$249,900
Mar 18, 2016

Closed

BRIGHT #1002737311

$85,000
Mar 17, 2016

Closed (Public Record)

Public Record #567704565

$85,000

+3.0% / yr

Feb 27, 2016

Pending

BRIGHT #1002737311

Nov 30, 2015

Listed (Active)

BRIGHT #1002737311

$89,900
Feb 28, 2014

Closed (Public Record)

Public Record #410699217

$80,000

+4.6% / yr

Feb 28, 2014

Closed

BRIGHT #1002731563

$80,000
Feb 28, 2014

Pending

BRIGHT #1002731563

Feb 28, 2014

Listed (Active)

BRIGHT #1002731563

$80,000
Sep 1, 2012

Expired

BRIGHT #1003771707

$119,900
May 8, 2012

Listed (Active)

BRIGHT #1003771707

$119,900
Jun 24, 2005

Closed (Public Record)

Public Record #160077190

$54,000

+7.9% / yr

Mar 27, 2003

Closed (Public Record)

Public Record #111097534

$45,500
Feb 24, 2003

Closed

BRIGHT #1005900401

$45,000
Jan 31, 2003

Pending

BRIGHT #1005900401

Sep 4, 2002

Listed (Active)

BRIGHT #1005900401

$49,900
DateEvent & SourcePrice
02/02/2026

Listed (Active)

BRIGHT #PALA2082662

$249,900
03/18/2016

Closed

BRIGHT #1002737311

$85,000
03/17/2016

Closed (Public Record)

Public Record #567704565

$85,000

+3.0% / yr

02/27/2016

Pending

BRIGHT #1002737311

11/30/2015

Listed (Active)

BRIGHT #1002737311

$89,900
02/28/2014

Closed (Public Record)

Public Record #410699217

$80,000

+4.6% / yr

02/28/2014

Closed

BRIGHT #1002731563

$80,000
02/28/2014

Pending

BRIGHT #1002731563

02/28/2014

Listed (Active)

BRIGHT #1002731563

$80,000
09/01/2012

Expired

BRIGHT #1003771707

$119,900
05/08/2012

Listed (Active)

BRIGHT #1003771707

$119,900
06/24/2005

Closed (Public Record)

Public Record #160077190

$54,000

+7.9% / yr

03/27/2003

Closed (Public Record)

Public Record #111097534

$45,500
02/24/2003

Closed

BRIGHT #1005900401

$45,000
01/31/2003

Pending

BRIGHT #1005900401

09/04/2002

Listed (Active)

BRIGHT #1005900401

$49,900

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

Public Records for 348 South Queen Street

Taxable ValueLand$7,800Additions$61,500Total$69,300
Tax Record2025$2,771 ($231 / month)
Home Facts
Beds5Baths2Total Finished SqFt2,080 SqFtAbove Grade Finished SqFt2,080 SqFtStories3Lot Size1,742 SqFtStyleCondominiumYear Built1880ZoningR3CountyLANCASTERAPN334-15057-0-0000

Schools near 348 South Queen Street

This home is within Lancaster School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Carter And Macrae El School
PublicPK to 5

Reynolds Middle School
Public6 to 8

Mccaskey Campus
Public9 to 12

Phoenix Academy
Public6 to 12

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.

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348 South Queen Street is a multi-family home for sale in Lancaster, PA 17603. This property was listed for sale on February 2, 2026 by Iron Valley Real Estate of Lancaster, it's currently listed at $249,900. It has been on the market for a total of 3 days and was last sold on March 18, 2016. This listing's school district is Lancaster School District. Nearby schools include Carter And Macrae El School, Reynolds Middle School and Mccaskey Campus. 348 South Queen Street is a 4-bed, 2-bath, 2,080 sqft multi-family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Iron Valley Real Estate of Lancaster

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.