16 E Walnut St, Lancaster, PA 17602
Property image
Property image
FOR SALE

$675,000

Original price: $689,900
  • 3 Beds
  • 3.5 Baths
  • 2,516 sqft

16 E Walnut St, Lancaster, PA 17602

Central Business District
Est. Mortgage $4,384/mo*
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Home Highlights

Townhouse
Built in 1880
$268/sqft
2 Car Garage

Local Information

  • Map ViewExplore the area around 16 E Walnut St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

AIRBNB OPPORTUNITY. This is one of the most unique properties you'll find in the city—completely renovated from top to bottom and sitting in an unbeatable central location, just two blocks from Lancaster General Health. One of the best parts: the property is zoned in the highly coveted Central Business Core District, which opens the door to short-term rental use, including Airbnb. Outside and you're surrounded by the best of city living: shops, restaurants, and markets all within easy walking distance. This is the kind of walkable, vibrant setting that makes Lancaster City so special. Inside, the home has been thoughtfully reimagined with fresh accents throughout and beautiful new bathrooms. Three bedrooms include two complete primary suites—a setup that's hard to come by. And in a city where parking is gold, this property delivers a two-car garage with a private drive out back. Whether you're looking for a stylish primary residence, an investment with income potential, or both, this property checks every box. Opportunities like this don't come around often. Come see it before it's gone!
Last check for updates: about 4 hours ago
Listing courtesy of Alex Whitt, (223) 216-1063
Keller Williams Elite, (717) 553-2500
Source: Bright MLS, MLS#PALA2094018
Also Listed on Bright MLS.

Home Details for 16 E Walnut St

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Dining Room, Kitchen, Living Room, Storage Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 2516 Square Feet
Appliances & Utilities
Utilities: Cable AvailableAppliances: Dryer, Refrigerator, Washer, Dishwasher, Microwave, Oven/Range - Electric, Electric Water HeaterDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Spa: BathNo FireplaceHas a Spa
Gas & Electric
Electric: 200+ Amp Service
Levels, Entrance, & Accessibility
Stories: 2.5Levels: Two and One HalfAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt RubberPatio / Porch: DeckOther Structures: Above Grade, Below GradeFoundation: SlabNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Garage Door Opener,Attached
Pool
Pool: None
Frontage
Responsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Frontage Length: Road Frontage: 15
Finished Area
Finished Area (above surface): 2516 Square Feet

Days on Market

Days on Market: 32

Property Information

Year Built
Year Built: 1880
Property Type / Style
Property Type: ResidentialProperty Subtype: TownhouseStructure Type: Interior Row/TownhouseArchitecture: Traditional
Building
Construction Materials: Brick, Masonry, Stick BuiltNot a New Construction
Property Information
Not Included in Sale: Staging FurnitureIncluded in Sale: Fridge, Washer, DryerParcel Number: 3368136200000

Price & Status

Price
List Price: $675,000Price Per Sqft: $268
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: LANCASTERCommunity: Lancaster
School Information
Elementary School District: School District Of LancasterJr High / Middle School District: School District Of LancasterHigh School: Mccaskey CampusHigh School District: School District Of Lancaster

Agent Information

Listing Agent
Listing ID: PALA2094018

Building

Building Area
Building Area: 2516 Square Feet

Community

Not Senior Community

HOA

HOA Fee Includes: NoneNo HOA

Lot Information

Lot Area: 1742.4 sqft

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Conventional, FHA, VA Loan

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: PALA2094018Municipality: LANCASTER CITYAbove Grade Unfinished Area: 2516

Additional Information

HOA Amenities: NoneSource Internet Automated Valuation Display: YSource Internet Consumer Comment: YSource Internet Entire Listing Display: YSource Internet Address Display: Y

Around this home

Neighborhood Overview

Central Business District
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Central Business District

At least 121 Trulia users voted on each feature.

  • 94 % Say there are sidewalks

  • 79 % Say it's walkable to restaurants

  • 78 % Say it's dog friendly

  • 71 % Say it's walkable to grocery stores

  • 69 % Say there's holiday spirit

  • 68 % Say streets are well-lit

  • 64 % Say people would walk alone at night

  • 61 % Say yards are well-kept

  • 60 % Say kids play outside

  • 57 % Say car is needed

  • 52 % Say neighbors are friendly

  • 48 % Say there are community events

  • 46 % Say they plan to stay for at least 5 years

  • 39 % Say parking is easy

  • 34 % Say it's quiet

  • 28 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Christopher Entrekin Falk
    "for the most part, the commute is not bad just like with any city early morning and 5 o'clock. It gets busy downtown "
    0
    Flag
  • Ameenah M.
    "Where their children are at all times and how good the school system here also, the parks in the area are safe"
    2
    Flag
  • Ameenah M.
    "Walk to downtown and other area is very close and also getting to the outlets and highway for whatever direction you need to go is very close also, easy to get to."
    1
    Flag
  • Kkirkland0662
    "There's something new every day has it's ups n downs. I like living in Lancaster City. It's a nice place and it's cleaning up nicely from all the crime even though someone did get shot last night. "
    3
    Flag
  • Liam m. p.
    "It's quite and the neighbors keep to themselves for the most part. It also has a nice view. It's near places that have stuff to do for families as well. "
    2
    Flag
  • throw111
    "I live here - and love it!"
    1
    Flag

Market trends in Lancaster

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$356K
$16.67KMoM
Sale-to-List Price
100.0%
0.1%MoM
Price per sq ft
$203
$6MoM
Available listings
332
2MoM

Home Value

Trulia Estimate
$642K
Since last month
Decreased$16K (-2.5%)
Since last year
Increased$246K (+62.2%)
Since last sale
Increased$312K (+94.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +150% in the last 10 years
MonthEstimated value
2026
September 2026$642K
August 2026$658K
July 2026$660K
June 2026$670K
May 2026$503K
April 2026$485K
March 2026$440K
February 2026$441K
January 2026$447K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
237 N Lime St, Lancaster, PA
0.22
Townhouse
$411,000
09/09/26
4
2.5
1,952
219 N Lime St, Lancaster, PA
0.21
Townhouse
$352,500
12/18/25
3
2.5
1,620
403 N Queen St, Lancaster, PA
0.14
Townhouse
$420,000
09/22/25
3
2
1,950
441 N Queen St, Lancaster, PA
0.21
Townhouse
$375,000
07/24/26
4
2
1,812
355 E Chestnut St, Lancaster, PA
0.42
Townhouse
$294,500
11/05/25
3
2.5
1,713
211 E Chestnut St, Lancaster, PA
0.24
Townhouse
$330,000
05/19/26
3
1.5
1,429
245 Lancaster Ave, Lancaster, PA
0.44
Townhouse
$575,000
10/30/25
3
2.5
2,752
335 W Walnut St, Lancaster, PA
0.36
Townhouse
$355,000
10/14/25
4
2
2,149
354 N Queen St, Lancaster, PA
0.12
Townhouse
$500,000
10/02/25
3
2.5
1,244

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
305 N Queen St, Lancaster, PA 17603
0.04
$895,000
2
2.5
3,316
For Sale
336 N Christian St, Lancaster, PA 17602
0.09
$672,000
2
2.5
2,102
Recently Sold
336 N Christian A B St, Lancaster, PA 17602
0.09
$828,200
2
3
4,000
Off Market
320 N Duke St, Lancaster, PA 17602
0.08
$1,017,400
11
9
-
Off Market
354 N Queen St, Lancaster, PA 17603
0.12
$523,800
3
2.5
1,244
Off Market
113 E Walnut St, Lancaster, PA 17602
0.11
$670,100
5
4
3,363
Off Market
403 N Queen St, Lancaster, PA 17602
0.14
$440,600
3
2
1,950
Off Market
403 N Queen St, Lancaster, PA 17603
0.14
$424,900
4
2
1,950
For Sale
35 E Lemon St, Lancaster, PA 17602
0.15
$379,100
4
-
1,848
Off Market
413 N Queen St, Lancaster, PA 17603
0.16
$435,000
6
-
3,131
Recently Sold
408 N Duke St, Lancaster, PA 17602
0.15
$448,900
4
2.5
2,439
Off Market

Price and Tax history

DateEventPrice
Aug 20, 2026
Source: Bright MLS #PALA2094018
PriceChange
$675,000
Price decreased by 2%
Jul 2, 2026
Source: Bright MLS #PALA2091220
Listed For Sale
$689,900
Jul 2, 2026
Source: Bright MLS #PALA2089242
ListingRemoved
$699,000
Jun 5, 2026
Source: Bright MLS #PALA2089242
Listed For Sale
$699,000
Aug 29, 2025
Source: N/A
Sold
$330,000

LGBTQ Local Legal Protections

Alex Whitt, Keller Williams Elite, (717) 553-2500
Agent Phone: (223) 216-1063
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc. Click here for more information

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Frequently asked questions about 16 E Walnut St

  • What is the estimated monthly payment for 16 E Walnut St?
    Based on a $675,000 list price with 20% down at today's rates, the estimated monthly payment for 16 E Walnut St in Lancaster, PA is approximately $4,450 (about $3,677 principal & interest, $698 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 16 E Walnut St compare to homes in Lancaster?
    16 E Walnut St in Lancaster, PA is listed at $675,000, about 89% above the $356K median sale price in Lancaster.
  • What do residents say about the Central Business District neighborhood?
    Residents describe the Central Business District neighborhood in Lancaster, PA as pedestrian-friendly, walkable to restaurants, and dog-friendly. See homes for sale in Central Business District, Lancaster.
  • What are the closest schools to 16 E Walnut St?
    The closest schools to 16 E Walnut St in Lancaster, PA are Fulton El School (Pre-K/Elementary, rated 5/10), McCaskey Campus (High, rated 5/10), Reynolds Middle School (rated 5/10).
  • Does 16 E Walnut St have air conditioning?
    Yes, 16 E Walnut St in Lancaster, PA has air conditioning.
  • Does 16 E Walnut St have laundry facilities?
    Yes, 16 E Walnut St in Lancaster, PA has in-unit laundry.
16 E Walnut St, Lancaster, PA 17602 is a 3 bedroom, 4 bathroom, 2,516 sqft townhouse built in 1880. 16 E Walnut St is located in Central Business District, Lancaster. This property is currently available for sale and was listed by Bright MLS on Aug 20, 2026. The MLS # for this home is MLS# PALA2094018.