45 W Pennsylvania Ave, Downingtown, PA, 19335
About This Home
Welcome to 45 West Pennsylvania Avenue. This property is conveniently located at the corner of Pennsylvania Avenue and Manor Avenue, also known as Horseshoe Pike in the heart of the Borough of Downingtown. This property is an investment property, a multi-family dwelling and a lot to build another multi-family dwelling on if desired. The buildable lots can be used as rental property or a property that could be rebuilt and sold. Close proximity to Kerr Park, Churches of every denomination, local shopping, entertainment & food businesses make this property both beautiful & functional. Any business would thrive with this central location. This R4 Zoned property opens it up to numerous business types which can be listed for any interested investor. To name just a few, Doctor Offices, Dental Offices, Small business offices, Social Clubs, Bed & Breakfasts, Entertainment venues, multiunit investment property, and the list goes on of opportunity. Some local variances may be required for some businesses, please check with the Borough for any restrictions or inquire & we can provide you assistance. This building has been kept immaculately, gorgeous hard wood floors, new kitchen appliances & fixtures, a roof recently installed 2021 with a lifetime warranty that transfers to the new owners. Many upgrades were made while maintaining the original beauty of this building. Please contact Kelly Fuller Logan, Realtor LPT Realty to secure your private showing of this property. All showings require prequalified buyers. This includes the adjacent lot bringing the total property to almost 3/4 of an acre. Possibly for parking lot or outdoor storage or sheds.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Property condition: Excellent
- Year built: 1900
Materials
- Foundation: Stone
- Roof: Architectural Shingle
- Construction materials: Stucco
Notable Dates
- Major remodel year: 2022
Type & Style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Water Heater
- Laundry features: Main Level
Basement
- Area: 0
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
Features
- Plaster Walls
- Flooring: Hardwood,Tile/Brick,Carpet
- Finished area below ground: 0
- Finished area above ground: 2,630
Heating & Cooling
- Heating features: Hot Water,Natural Gas
- Cooling features: None,Electric
Interior Area
- Total structure area: 2,630
- Total interior livable area: 2,630 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 1107 0212
- Zoning: R4
- Zoning description: R4 many business opportunities, offices or buildable lot for. Multi-family dwellings etc
- Special condition: Standard
- Other equipment: None
- Exclusions: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Lot size: 0.31 Acres
- Features: Corner Lot,Cleared,Open Lot,Other
- Lot size dimensions: This lot includes an additional lot making total property appro x imately over 1/2 an acre.
Parking
- Parking features: Free,Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Winter Weather
- Cold Wave
- Heat Wave
- Lightning
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Pennsylvania Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,584 | $91,008 |
| Home Insurance * | $333 | $3,996 |
| Property Taxes | $1,525 | $18,300 |
| Electricity | $288 | $3,462 |
| Total | $9,730 | $116,760 |
Income You'd Need if You Spent...
Pennsylvania FAIR Plan Programs
Insurance Placement Facility of Pennsylvania/FAIR Plan
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-20 | Price change | $1,540,000 |
| 2026-02-22 | Listed for sale | $1,600,000 |
| 2022-06-12 | Listing removed | -- |
| 2022-04-18 | Price change | $849,500 |
| 2022-02-22 | Listed for sale | $989,000 |
| 2016-09-08 | Sold | $348,000 |
| 2009-07-31 | Listing removed | $435,000 |
| 2009-06-22 | Price change | $435,000 |
| 2009-05-16 | Price change | $440,000 |
| 2009-04-26 | Price change | $445,000 |
| 2008-10-20 | Price change | $500,000 |
| 2008-10-11 | Price change | $525,000 |
| 2008-09-21 | Listed for sale | $600,000 |
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