201 E Cherry St, Palmyra, PA 17078
OFF MARKET

201 E Cherry St
Palmyra, PA 17078

  • Studio
  • 3,840 sqft (on 0.37 acres)

$517,000

Trulia Estimate
as of Jun 1, 2026
Est. Refi. Payment $3,185/mo*
Refinance Your Home

$517,000

Trulia Estimate
as of Jun 1, 2026
Est. Refi. Payment $3,185/mo*
Refinance Your Home
Studio
3,840 sqft
(on 0.37 acres)

Local Information

Map showing home location
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-- mins to
Commute Destination

Description

Exceptional opportunity to own a 4 unit investment property in a residential neighborhood in Palmyra, Lebanon County with off street parking and garages for added income. This 3840 sq.ft 2-story building offers two 1 bedroom units and two 2 bedroom units. Extremely well maintained apartment for low maintenance ownership. Newer windows, Aluminum wrapped windows and soffit, and teak porches. Tenants maintain lawn and hedges.
You will not find nicer units in the area. Ample parking, huge yard, solid wood flooring, updated kitchens and bathrooms, and very large units make this building stand out. Units are below market due to good, long-term tenants. Potential to raise rents without additional upgrades.
All units occupied... Net income. $26,494 Gross income $40,560. See Docs attached for cost break down.
Potential for rent increase.
24 hr notice for showings.
Please follow CDC guidelines, wear a mask, practice social distancing, and limit the number of people at showing appointment.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
Garage
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
No Info

Home Details for 201 E Cherry St

Interior Features

Heating & Cooling
Heating: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 2.5
Interior Details
Attic

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Multi Family

Exterior Features

Exterior Home Features
Exterior: Other
Parking & Garage
GarageParking Spaces: 3Parking: Garage Detached

Community

Units in Building: 4

Lot Information

Lot Area: 0.37 acres

Price History for 201 E Cherry St

DatePriceEventSource
12/31/2020$315,000Sold
N/A
12/12/2020$335,000PendingAgent Provided
10/23/2020$335,000Listed For SaleAgent Provided
01/09/2018$210,000Sold
N/A
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Property Tax and Assessment

Year2025
Tax$6,244
Assessment$218,500
Home facts updated by county records

Comparable Sales for 201 E Cherry St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
414 E Main St, Palmyra, PA
0.17
Multi-Family Home
$363,000
11/12/25
6
2
2,496
133 E Cherry St, Palmyra, PA
0.02
Multi-Family Home
$330,000
10/07/25
4
2
1,602
22-24 N Lincoln St, Palmyra, PA
0.10
Multi-Family Home
$475,000
03/06/26
6
-
1,698
55 S Lincoln St, Palmyra, PA
0.02
Multi-Family Home
$320,000
10/16/25
-
1,835
26 N Railroad St, Palmyra, PA
0.18
Multi-Family Home
$206,000
11/21/25
2
-
2,388
521 E Main St, Palmyra, PA
0.26
Multi-Family Home
$305,000
06/02/25
2
2
1,503
47 N College St, Palmyra, PA
0.30
Multi-Family Home
$250,000
03/24/26
4
3
1,950
201 W Granada Ave, Hershey, PA
3.68
Multi-Family Home
$520,000
07/31/25
5
-
3,469
115 S Cherry St, Annville, PA
3.95
Multi-Family Home
$250,000
02/10/26
5
3
1,892
202 W Church St, Annville, PA
4.14
Multi-Family Home
$265,000
08/12/25
4
-
1,430

Nearby homes

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Assigned Schools

These are the assigned schools for 201 E Cherry St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Palmyra

At least 193 Trulia users voted on each feature.

  • 91 % Say it's dog friendly

  • 85 % Say parking is easy

  • 85 % Say car is needed

  • 79 % Say there are sidewalks

  • 78 % Say yards are well-kept

  • 76 % Say there's holiday spirit

  • 75 % Say people would walk alone at night

  • 72 % Say kids play outside

  • 62 % Say streets are well-lit

  • 60 % Say neighbors are friendly

  • 60 % Say it's quiet

  • 57 % Say it's walkable to restaurants

  • 57 % Say they plan to stay for at least 5 years

  • 56 % Say it's walkable to grocery stores

  • 49 % Say there's wildlife

  • 30 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • 994yrkzvjt
    "People in Palmyra walk their dogs everyday and if they can’t they have dog walkers. People are kind, considerate to their dogs and to anyone one they pass on the sidewalk. It’s an old town but a beautiful and clean place to live. Come visit us and you will be happy you did. We are proud of our people, our friends and our visitors. "
    0
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  • Cynthia Preciado
    "I live here and it’s a very nice place to live. Everyone is nice helpful. Everyone stay to them self "
    0
    Flag
  • 994yrkzvjt
    "My neighborhood is clean with great neighbors. It is kept clean by the people and the township workers. Children are great and not disrespectful at all at l. A great place to live and visit."
    0
    Flag
  • Joemelo2007@gmail.com
    "Great schools. Friendly neighborhood. Good small community. We are very glad to live and raise our children here. "
    0
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  • Giggle_65y
    "the legion often do BBQ to sell. There always yard sales in this community. everything is always posted in our community information site"
    0
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  • Esteban G.
    "This area is Awesome great peaceful walking stores near by very clean helpful neighbors kind people very quiet "
    3
    Flag
  • Pennysarver
    "The elementary and high schools are great. The neighbors are friendly and the neighborhoods very walkable."
    1
    Flag
  • Kyla A.
    "My commute is about 30 minutes to harrisburg a few days a week. Otherwise I mostly am able to work from home."
    3
    Flag
  • Lazz T.
    "it's a decent town with most of your necessities, most people keep to themselves, and it's calm most of the time."
    0
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  • Walbert3223
    "There is only parking on one side of the street and people hog up spots. People drive way to fast down the street knowing that there is a stop sign "
    2
    Flag
  • Amber L.
    "That rockledge has nothing to offer a family. No playground or pool. Nothing to do and that you get targeted cause you have kids "
    0
    Flag
  • Walbert3223
    "Watch out for the North Side of town. Between Rail Road Street and N. College Street There are a lot of trouble makers "
    4
    Flag
  • Lynee P.
    "It’s decent place to live. Mostly families living here. Nice variety of places to dine, movie theaters, shopping centers & options for exercise."
    2
    Flag
  • Lena
    "Great area. Lovely for children, young family fantastic schools, people are friendly and nice. Pet Friendly very close to Hershey and the entertainment park great restaurants in Hershey"
    0
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  • Heather M.
    "amazing school district and extremely family friendly. mostly newer houses and town homes. there are a lot of fun family festivals in the summer and easily accessible to Hershey attractions and med center. "
    2
    Flag
  • Barbara B.
    "Majority of owners pick up their dogs waste and development makes it easy by supplying doggie waste stations."
    0
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  • Melmcgough
    "My neighborhood is very accessible from all directions. The only downside is my commute to harrisburg."
    0
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  • Karastonebraker01
    "The schools are good and so are most of the teachers. This is a great place to raise your children where they will meet many people that will change their lives for the better. "
    0
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  • Karastonebraker01
    "I’ve lived in this neighborhood for eight years and cannot think of one bad thing to say. Everyone is friendly and kind, we never have much problem with anything. "
    0
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  • Ddsfids
    "I lived her when I was young. I moved out at the age of 19. My parents lived here for 49 years. I just recently moved back in with my mom. It’s a wonderful neighborhood. Very quiet and the neighbors are friendly."
    0
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  • Flavia L.
    "Very nice Neighbor with lots of nice people, In the community for over six years roads are clean people are nice"
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  • Ddsfids
    "I have lived in Palmyra all my life. It is a quiet town with friendly neighbors. We are starting to get new neighbors in our neighborhood. The older ones are moving into smaller homes. It’s a quiet neighborhood to start a new family."
    3
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  • Flavia L.
    "This neighborhood is one of the best I Palmyra, and if you’re planning to move here You’re making a great move"
    0
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  • Giggle_65y
    "Is a very quiet area. Everyone is to them selves. The school district is awesome, not far away from stores, restaurants, theme park and hospital. This is just a great area."
    0
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  • Flavia L.
    "Very nice neighborhood people are friendly fast to do for kids dog park nice neighbors have any family, our school district is!"
    0
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  • Marsha D.
    "I’ve lived here for 15 years in two different homes and love love love this neighborhood. There’s really only one disgruntled house and we just avoid it!"
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201 E Cherry St, Palmyra, PA 17078 is a studio, 3,840 sqft multi-family built in 1900. This property is not currently available for sale. 201 E Cherry St was last sold on Dec 31, 2020 for $315,000. The current Trulia Estimate for 201 E Cherry St is $517,000.