702 Poplar St

Lancaster, PA 17603

$375,000
Price
5
Beds
3
Baths
2,109 Sq. Ft.
$178 / Sq. Ft.
2,109
Sq. Ft.
$178
per Sq. Ft.
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Description

Secure your financial future and build your empire! Rare opportunity to acquire a well-maintained, updated 3-unit investment property in Lancaster City. Strong rental demand, limited housing inventory, and one of the nation's lowest residential vacancy rates help support consistent occupancy. Continued job growth and ongoing investment throughout the city also provide long-term appreciation potential. The property features updated units, stable long-term tenants, a new roof (2023), and a new sewer...Secure your financial future and build your empire! Rare opportunity to acquire a well-maintained, updated 3-unit investment property in Lancaster City. Strong rental demand, limited housing inventory, and one of the nation's lowest residential vacancy rates help support consistent occupancy. Continued job growth and ongoing investment throughout the city also provide long-term appreciation potential. The property features updated units, stable long-term tenants, a new roof (2023), and a new sewer line to the street (2024), making it a truly turnkey investment. Rents are kept intentionally low by current owner because of quality long-term tenants. Based on the current market, they could probably be raised substantially.
  1. Listed by Jerry N Lehman • Coldwell Banker Realty
    P: (717)-314-3622 jerry.lehman@cbhomes.com

Property Details for 702 Poplar Street

Tax ID Number
338-53245-0-0000
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Subdivision
CABBAGE HILL
Subdivision
CABBAGE HILL (LANCASTER PA)

Open Houses

Friday, Jul 3rd3:00 PM - 6:00 PM
PublicView contact
LISTING UPDATED: 07/01/2026 02:43 PM

Property Details for 702 Poplar Street

StatusActive
MLS #PALA2091126
Days on Market2
Taxes$3,462 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1880
Lot Size0.04 AC / 1,742 SF
CountyLancaster County
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Location

Listing Courtesy of Coldwell Banker Realty
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Building Information for 702 Poplar Street

Stories-Residences3Year Built1880Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

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$2,157 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,869

Property Taxes

$289

HOA Dues

$0

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Property Information for 702 Poplar Street

Location
Location
  • School District Name: SCHOOL DISTRICT OF LANCASTER
  • School District County ID: 300200397286
  • SchoolDistrictSource: Listing Agent
  • High School: MCCASKEY H.S. (LANCASTER PA)
  • HighSchoolSource: 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: 2026
  • Tax Assessed Value: $83,800
  • Year Assessed: 2026
  • County Tax: $268
  • Improvement Assessed Value: $71,300
  • City Town Tax: $1,059
  • Land Assessed Value: $12,500
  • Clean Green Assessed: No
  • Land Use Code: 115
  • Zoning: R3
  • School Tax: $2,135
  • School Tax Payment Frequency: Annually
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Water, Sewer, Trash Collection, Taxes - Real Estate
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 1
  • Other Units: Unit 1,Unit 2,Unit 3
  • Number Of Units Vacant: 0
  • Rent Control: No
Multi Family
Unit 1
  • Type: Unit 1
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: Oven/Range, Refrigerator
Unit 2
  • Type: Unit 2
  • Unit Type Occupied YN: Yes
  • Level: 1
  • Unit Type Lease Type: Yearly
  • Beds Total: 1
  • Half Baths Count: 0
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: Oven/Range, Refrigerator
Unit 3
  • Type: Unit 6
Unit 4
  • Type: Unit 4
Unit 5
  • Type: Unit 5
Unit 6
  • Type: Unit 3
  • Unit Type Occupied YN: Yes
  • Level: 2
  • Unit Type Lease Type: Yearly
  • Beds Total: 3
  • Half Baths Count: 1
  • Full Baths Count: 1
  • Unit Type Baths Total: 1
  • Unit Type Features: Oven/Range, Refrigerator
  • Total Rooms: 6
Financial Information
Expenses
  • Operating Expense: $8,516
  • Operating Expense Includes: Trash
  • Trash Expense: $800
Financial Information
  • Net Operating Income: $29,824
  • Annual Rental Income: $38,340
  • Income Includes: Apartment Rentals
  • Cap Rate: 7.95
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 2,109.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Corner
  • Road Frontage Length: 113.00
  • Location Type: Urban
  • Parcel ID: 4068998
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Refrigerator, Oven/Range - Electric
  • Accessibility Features: None
  • Security Features: Smoke Detector
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Cable TV Available, Electric Available, Natural Gas Available
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Electric, Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
  • Electric Service: Circuit Breakers, 200+ Amp Service
Confidential Data
Listing Office
  • List Agent AOR: Lancaster County Association of REALTORS

Property History for 702 Poplar Street

DateEvent & SourcePriceAppreciation
Jul 1, 2026

Listed (Active)

BRIGHT #PALA2091126

$375,000—
Jun 30, 2009

Closed (Public Record)

Public Record #272537816

$178,000

+8.7% / yr

Jun 30, 2009

Closed

BRIGHT #1002712611

$178,000—
DateEvent & SourcePrice
07/01/2026

Listed (Active)

BRIGHT #PALA2091126

$375,000
06/30/2009

Closed (Public Record)

Public Record #272537816

$178,000

+8.7% / yr

06/30/2009

Closed

BRIGHT #1002712611

$178,000

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

Public Records for 702 Poplar Street

Taxable ValueLand$12,500Additions$71,300Total$83,800
Tax Record2026$3,462 ($289 / month)
Home Facts
Beds5Baths3Total Finished SqFt2,109 SqFtAbove Grade Finished SqFt2,109 SqFtStories2Lot Size1,742 SqFtStyleCondominiumYear Built1880ZoningR3CountyLANCASTERAPN338-53245-0-0000

Schools near 702 Poplar Street

This home is within Lancaster School District.
Rating
School
Type
Grades
Distance
Lafayette El School
Public - PK to 5
Wheatland Middle School
Public - 6 to 8
McCaskey Campus
Public - 9 to 12
Phoenix Academy
Public - 6 to 12
Rating
School
Distance
Lafayette El School
PublicPK to 5

Wheatland 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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More information about 702 Poplar Street, Lancaster, PA 17603

702 Poplar Street is a multi-family home for sale in Lancaster, PA 17603. This property was listed for sale on July 1, 2026 by Coldwell Banker Realty, it's currently listed at $375,000. It has been on the market for a total of 2 days and was last sold on June 30, 2009. This listing's school district is Lancaster School District. Nearby schools include Lafayette El School, Wheatland Middle School and McCaskey Campus. 702 Poplar Street is a 5-bed, 3-bath, 2,109 sqft multi-family home built in 1880.

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.

Listing Courtesy of Coldwell Banker Realty

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.