36 School St
Lancaster, NY 14086
- 7 Beds
- 4 Baths
- 5,148 sqft
7 Beds
4 Baths
5,148 sqft
Local Information
-- mins to
Description
Turnkey 4-Unit Multi-Family in the Heart of Lancaster!Welcome to 36 School St, a fantastic opportunity for investors or owner-occupants looking for strong rental income and peace of mind. This well-maintained four-unit property blends historic charm with thoughtful updates offering a move-in-ready investment in one of Lancasters most desirable neighborhoods. ? Property Highlights: Four spacious units with great rental potential. Upper unit was fully renovated in 2023 with modern finishes, updated flooring, and fresh paint throughout. Front unit renovated in 2025, featuring stylish upgrades and contemporary design. Updated mechanics within the last 10 years, providing reliable and efficient operation. Roof replaced in 2020, offering years of worry-free protection. Convenient location near local shops, restaurants, and major highways perfect for tenants and owners alike.With significant updates already completed, this property is ready to generate steady income from day one. Whether youre looking to expand your portfolio or live in one unit while renting out the others, 36 School St delivers exceptional value and long-term potential. 2025-11-25
36 School St, Lancaster, NY 14086 is a 7 bedroom, 4 bathroom, 5,148 sqft multi-family. It last sold for $140,000 on Apr 12, 2019 (71% below the $475,000 asking price). More recently, it was listed as a rental in September 2025 with an asking price of $1,000 per month. That rental listing was removed on September 20, 2025. It is currently off market. The Trulia Estimate is $470,300, with a rent estimate of $1,710/month.
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Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 36 School St
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Levels, Entrance, & Accessibility Stories: 2 |
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Property Type / Style Property Type: Multi Family |
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Lot Area: 4791.6 sqft |
Price History for 36 School St
| Date | Price | Event | Source |
|---|---|---|---|
| 12/05/2025 | $475,000 | ListingRemoved | HUNT ERA Real Estate #B1650202 |
| 11/18/2025 | $475,000 | Listed For Sale | NYSAMLSs #B1650202 |
| 09/20/2025 | $1,000 | ListingRemoved | Zillow Rentals |
| 09/17/2025 | $1,000 | Listed For Rent | Zillow Rentals |
| 04/12/2019 | $140,000 | Sold | NYSAMLSs #B1171861 |
Market trends in Lancaster
Last updated May 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
47
11MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $218,750 |
Home facts updated by county records
Comparable Sales for 36 School St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.03 | Multi-Family Home | $273,000 | 03/26/26 | 4 | 2 | 2,048 | |
0.05 | Multi-Family Home | $205,000 | 01/05/26 | 4 | 2 | 1,620 | |
0.78 | Multi-Family Home | $240,000 | 08/11/25 | 7 | 3 | 3,507 | |
0.19 | Multi-Family Home | $415,000 | 07/24/25 | 5 | 3 | 2,520 | |
0.56 | Multi-Family Home | $330,000 | 04/24/26 | 6 | 3 | 2,324 | |
0.95 | Multi-Family Home | $205,000 | 12/02/25 | 4 | 4 | 4,533 | |
0.35 | Multi-Family Home | $100,000 | 01/15/26 | 4 | 2 | 1,872 | |
0.38 | Multi-Family Home | $285,000 | 12/16/25 | 4 | 2 | 1,940 | |
0.39 | Multi-Family Home | $285,000 | 12/10/25 | 4 | 2 | 1,832 | |
1.07 | Multi-Family Home | $200,000 | 09/24/25 | 6 | 4 | 4,967 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 36 School St.
What Locals Say about Lancaster
At least 146 Trulia users voted on each feature.
92 % Say parking is easy
92 % Say it's dog friendly
91 % Say car is needed
90 % Say yards are well-kept
89 % Say there's holiday spirit
87 % Say people would walk alone at night
84 % Say there are sidewalks
76 % Say kids play outside
71 % Say there's wildlife
71 % Say streets are well-lit
69 % Say they plan to stay for at least 5 years
67 % Say neighbors are friendly
63 % Say it's quiet
56 % Say it's walkable to restaurants
45 % Say it's walkable to grocery stores
32 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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