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40 N Plum St, Lancaster, PA, 17602

2beds
1baths
1,350sqft
$214,900
$159price/sqft
$1,584/moest. monthly cost
$63,360/yrincome needed

About This Home

***Downtown Lancaster City Investment Portfolio For Sale*** 2-UNIT 145 E CHESTNUT ST. $524,900., 3-UNIT 152 E WALNUT ST. $449,900., SINGLE 40 N PLUM ST. $214,900., 2-UNIT 241 N FRANKLIN ST. // SOLD, SINGLE 243 N FRANKLIN ST. // SOLD, 3-UNIT + GARAGE 404 W ORANGE ST. // SOLD *** 40 North Plum Street is leased through 12/14/2026 for $1,580. per month. Nestled in a charming neighborhood, this delightful 2-bedroom, 1-bathroom townhouse exudes warmth and character. Built in 1890, its traditional masonry design offers a glimpse into the past while providing modern comforts. The inviting interior features a large, clean and dry full basement, perfect for storage or to finish it off to your liking. Refinished hardwood floors 2014 and updated appliances 2015. The community surrounding this home is vibrant and welcoming, with local parks just a short stroll away, ideal for leisurely walks in nature all while living in the city. Residents enjoy easy access to nearby schools, ensuring quality education is within reach. The neighborhood boasts a variety of shops and eateries, fostering a strong sense of community and connection. Easy on-street parking adds convenience, while the low-maintenance allows you to spend more time enjoying the local amenities. Please reference the included Plat Map showing the property line along the back of the home. This outdoor space is owned and maintained by the property next door, so enjoy the gardens without any of the required upkeep. Potential to have access to this space per your new neighbor. Also enjoy open grassy space at Musser Park and Reservoir Park, just a couple blocks away in either direction. This property is not just a house; it's a place to create lasting memories in a community that feels like home. Experience the charm and comfort of this lovely townhouse today!

Getting Around

94
WalkingWalker's Paradise
0
TransitVery Limited Transit
56
BikeBikeable

Schools

7/10
Wickersham El SchoolGrades PK-50.6 mi
4/10
Lincoln Middle SchoolGrades 6-80.8 mi
5/10
McCaskey CampusGrades 9-120.7 mi

Construction

Condition

  • Year built: 1890

Materials

  • Foundation: Stone
  • Construction materials: Masonry

Type & Style

  • Home type: Townhouse
  • Architectural style: Traditional
  • Property subType: Townhouse

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,350

Heating & Cooling

  • Heating features: Forced Air,Oil
  • Cooling features: Window Unit(s),Electric

Interior Area

  • Total structure area: 1,350
  • Total interior livable area: 1,350 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 3321738000000
  • Zoning: RES
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 436 sqft

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes

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

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Lightning

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

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

MonthlyAnnual
Mortgage $1,086$13,032
Home Insurance *$60$720
Property Taxes $214$2,568
Electricity $224$2,692
Total$1,584$19,008
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$54,308/yr
40% on housing$47,520/yr
45% on housing$42,240/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How 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.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: -2.2%
-2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$159This listing

vs Other Active Listings

Avg $/sqft

ZIP 17602$160
Lancaster County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 17602$211
Lancaster County$208

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

DateEventPrice
2026-07-26Price change$214,900
2026-05-15Listed for sale$229,900
2025-11-18Listing removed$1,495
2025-11-12Listed for rent$1,495
2021-03-24Listing removed--
2018-05-15Listing removed$1,100
2018-04-02Listed for rent$1,100
2010-04-01Sold$86,000
2005-07-27Sold$53,500
2005-03-08Sold$2,273
1998-12-07Sold$34,500

For Sale by Agent

AgentKate Bailey
BrokerageColdwell Banker Realty

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