Welcome home to this stunning historic 2-unit investment opportunity in downtown Lancaster. This spacious and well-maintained duplex is a fantastic investment or an ideal home for you to live in one apartment and rent the second. In the heart of Lancaster’s Historic District this property offers incredible income potential, with each vacant unit projected to rent for $2,000 per month—totaling $4,000 in monthly income. It also features separate utilities and off-street parking for two vehicles. Experience the grandeur of the 3- story front apartment as you step into the welcoming foyer. The first-floor living room, perfect for entertaining, boasts gleaming hardwood floors and natural light, creating a warm and inviting space. A hardwood staircase, protected by carpeted steps, leads to three bedrooms and three full baths. The rear apartment has a private entrance on East Grant Street and offers outdoor living with a private fenced-in backyard. The entrance leads to a bright, window-lined, living room, with built-in bookshelves for a cozy library nook. This unit features a formal dining room, updated kitchen as well as three bedrooms and 1.5 baths. Throughout both apartments, contemporary renovations enhance the home’s character, including electrical upgrades with dimmer switches for customized lighting. Each unit has its own furnace, hot water heater, electric meter, and washer/dryer hook-up for efficiency and independence. Nestled in a vibrant, predominantly owner-occupied neighborhood, this home is within walking distance to Musser Park, Central and Southern Markets, galleries, the Fulton, many great restaurants, brew pubs, and coffee shops. This property is a rare find with its prime location, contemporary updates and income-generating potential. It also offers the flexibility to be easily converted back to a single-family home. Don't miss the chance to own a piece of Lancaster’s rich history -- schedule your private showing today.
Sold for $400,000 on 06/06/25
$400,000
23 N Shippen St, Lancaster, PA 17602
6beds
5baths
3,349sqft
Townhouse
Built in 1890
-- sqft lot
$401,600 Zestimate®
$119/sqft
$1,758 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 13, 2025 at 03:54am
Listed by:
Judah Hoover 717-330-6648,
Keller Williams of Central PA,
Listing Team: Hoover Lynam And Associates
Bought with:
Collin Boyer, RS353567
Real of Pennsylvania
Source: Bright MLS,MLS#: PALA2066864

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
Basement
- Area: 0
Heating
- Radiator, Natural Gas
Cooling
- Wall Unit(s), Window Unit(s), Electric
Appliances
- Included: Electric Water Heater, Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 3,349
- Total interior livable area: 3,349 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 3,049 sqft
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 3327235400000
- Zoning: 114 RES: 2 FAM DWLG
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick, Masonry
- Foundation: Stone
Condition
- New construction: No
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Lancaster
- Municipality: LANCASTER CITY
HOA & financial
Other financial information
- Total actual rent: 48000
Other
Other facts
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple
Services availability

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Get a free Zillow Showcase℠ listing and you could sell for .
$401,600
2% more+ $8,032
With Zillow Showcase(estimated)
$409,632