503 Manor St

3
Baths
2,056 Sq. Ft.
$177 / Sq. Ft.
2,056
Sq. Ft.
$177
per Sq. Ft.

Description

Fully leased, turn key rental with a 7.5% cash on cash return! This 3 unit Lancaster City property features a 2-bedroom unit and two 1-bedroom units as well as 3 garage spaces. All units are currently rented with long term tenants at market rates and paint and flooring has been updated as units have turned over the last few years. The property is professionally managed by Trademark Real Estate Services and the 7.5% cash on cash return includes their management fee. Rarely does a truly turn-key, cash...Fully leased, turn key rental with a 7.5% cash on cash return! This 3 unit Lancaster City property features a 2-bedroom unit and two 1-bedroom units as well as 3 garage spaces. All units are currently rented with long term tenants at market rates and paint and flooring has been updated as units have turned over the last few years. The property is professionally managed by Trademark Real Estate Services and the 7.5% cash on cash return includes their management fee. Rarely does a truly turn-key, cash flow ready investment property hit the market - take a look at this one to add to your portfolio!
  1. Listed by Mitchell Hershey • Keller Williams Elite
    P: (717)-799-0584 mhershey@kw.com

Property Details for 503 Manor Street

Tax ID Number
338-45073-0-0000
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Traditional
Waterfront
No
Garage
Yes
Municipality
LANCASTER CITY
Total Parking Spaces
3
LISTING UPDATED: 03/27/2026 04:16 PM

Property Details for 503 Manor Street

StatusActive
MLS #PALA2085226
Days on Market2
Taxes$3,781 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1930
Lot Size0.06 AC / 2,614 SF
CountyLancaster County

Location

Listing Courtesy of Keller Williams Elite
Add your commute

Building Information for 503 Manor Street

Stories-Residences3Year Built1930Building Size-Lot Size0.06 AC / 2,614 SF

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$2,086 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,771

Property Taxes

$315

HOA Dues

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Property Information for 503 Manor 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: $91,500
  • Year Assessed: 2026
  • County Tax: $293
  • Improvement Assessed Value: $77,100
  • City Town Tax: $1,157
  • Land Assessed Value: $14,400
  • Clean Green Assessed: No
  • Land Use Code: 115
  • Zoning: 115 RES 3 FAMILY DWELLING
  • School Tax: $2,331
  • 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: 2
  • Two Bedroom Units Count: 1
  • Three Bedroom Units Count: 0
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3
  • Units Leased Count: 3
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 550
  • Unit Type Lease Type: Long Term
  • Beds Total: 1
  • Full Baths Count: 1
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Finished SQFT: 750
  • Unit Type Lease Type: Long Term
  • Beds Total: 1
  • Full Baths Count: 1
Unit 3
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Finished SQFT: 745
  • Unit Type Lease Type: Long Term
  • Beds Total: 2
  • Full Baths Count: 1
Unit 4
  • Type: Unit 4
  • Unit Type Occupied YN: Yes
  • Unit Type Features: Garage
Unit 5
  • Type: Unit 5
  • Unit Type Occupied YN: Yes
  • Unit Type Features: Garage
Financial Information
Financial Information
  • Annual Rental Income: $40,620
  • Income Includes: Apartment Rentals, Parking
  • Existing Lease Type: Long Term
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,056.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 4068565
Parking
Parking
  • Type Of Parking: Detached Garage
  • Num of Detached Garage Spaces: 3
  • Total Garage Spaces: 3
  • Garage Features: Other
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Baseboard - Electric
  • Heating Fuel: Electric
  • 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 503 Manor Street

DateEvent & SourcePriceAppreciation
Mar 27, 2026

Listed (Active)

BRIGHT #PALA2085226

$364,900
May 2, 2023

Closed (Public Record)

Public Record #1510205252

$327,550

+31.0% / yr

Apr 4, 2022

Closed (Public Record)

Public Record #1487311736

$245,000

+17.3% / yr

Jun 9, 2021

Closed (Public Record)

Public Record #1464236287

$215,000

+9.4% / yr

May 22, 2013

Closed

BRIGHT #1002728451

$104,000
May 3, 2013

Closed (Public Record)

Public Record #353397700

$104,000

+2.9% / yr

Apr 29, 2013

Pending

BRIGHT #1002728451

Mar 4, 2013

Listed (Active)

BRIGHT #1002728451

$109,900
Feb 8, 2013

Expired

BRIGHT #1003776701

$109,900
Feb 8, 2012

Listed (Active)

BRIGHT #1003776701

$119,900
Dec 1, 2011

Expired

BRIGHT #1004512479

$119,900
Jun 17, 2011

Listed (Active)

BRIGHT #1004512479

$124,900
Oct 31, 2005

Closed (Public Record)

Public Record #168007935

$84,000

+11.5% / yr

Jun 25, 2003

Closed (Public Record)

Public Record #115897660

$65,000
DateEvent & SourcePrice
03/27/2026

Listed (Active)

BRIGHT #PALA2085226

$364,900
05/02/2023

Closed (Public Record)

Public Record #1510205252

$327,550

+31.0% / yr

04/04/2022

Closed (Public Record)

Public Record #1487311736

$245,000

+17.3% / yr

06/09/2021

Closed (Public Record)

Public Record #1464236287

$215,000

+9.4% / yr

05/22/2013

Closed

BRIGHT #1002728451

$104,000
05/03/2013

Closed (Public Record)

Public Record #353397700

$104,000

+2.9% / yr

04/29/2013

Pending

BRIGHT #1002728451

03/04/2013

Listed (Active)

BRIGHT #1002728451

$109,900
02/08/2013

Expired

BRIGHT #1003776701

$109,900
02/08/2012

Listed (Active)

BRIGHT #1003776701

$119,900
12/01/2011

Expired

BRIGHT #1004512479

$119,900
06/17/2011

Listed (Active)

BRIGHT #1004512479

$124,900
10/31/2005

Closed (Public Record)

Public Record #168007935

$84,000

+11.5% / yr

06/25/2003

Closed (Public Record)

Public Record #115897660

$65,000

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

Public Records for 503 Manor Street

Taxable ValueLand$14,400Additions$77,100Total$91,500
Tax Record2025$3,659 ($305 / month)
Home Facts
Beds4Baths3Total Finished SqFt2,056 SqFtAbove Grade Finished SqFt2,056 SqFtStories3Lot Size2,614 SqFtStyleCondominiumYear Built1930ZoningR3CountyLANCASTERAPN338-45073-0-0000

Schools near 503 Manor 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
Lafayette 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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503 Manor Street is a multi-family home for sale in Lancaster, PA 17603. This property was listed for sale on March 27, 2026 by Keller Williams Elite, it's currently listed at $364,900. It has been on the market for a total of 2 days and was last sold on May 2, 2023. This listing's school district is Lancaster School District. Nearby schools include Lafayette El School, Reynolds Middle School and Mccaskey Campus. 503 Manor Street is a 4-bed, 3-bath, 2,056 sqft multi-family home built in 1930.

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 Keller Williams Elite

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.