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170 Valley St, 
Lewistown, PA 17044

$414,900


11

Beds


—

Bath


5,000

Sq Ft


Multi-Family

Active

Listed by

Kathryn Mardis

Iron Valley Real Estate Of Lancaster, (717) 740-2221, contracts@ironvalleyrealestateoflancaster.com

Last updated:

October 18, 2026, 01:52 PM

MLS#

PAMF2053562

Source:

BRIGHTMLS

About This Home

170 Valley St

This unique investment opportunity offers a combination of existing rental income and substantial redevelopment potential across three adjoining properties in Lewistown with nursing schools and hospitals in the area to drive demand. 170 Valley St provides the immediate income component of the package, with 5 residential units already renovated and occupied. Residential units, along with a large garage are generating $4,790.00 per month. This creates the opportunity for the front building to help carry the property and offset expenses while renovations are completed on the two buildings located behind it. 14 S Spruce St offers an excellent value-add opportunity with the potential to be renovated into a two-unit residential property, one 1 Bedroom unit and one 2 Bedroom unit. This building has a NEW roof and 2 new electrical panels. 12 S Spruce St provides even greater flexibility. The building offers the potential to be repositioned as a rooming house or developed as a mixed-use property featuring a storefront or commercial space on the lower level with residential units above. Its open layout gives an investor the ability to explore several redevelopment strategies depending on their business plan and applicable municipal approvals. Lewistown continues to offer demand for rental housing, making this an opportunity for an investor looking to create additional units and expand cash flow over time. The ability to generate income from the existing front property while renovating and repositioning the two rear buildings creates a particularly attractive setup for a phased redevelopment strategy. Whether the goal is traditional apartments, room rentals, mixed-use space, or a combination of strategies, this property package offers multiple paths to create value. Bring your vision, explore the possibilities, and take advantage of the opportunity to build a larger income-producing property in an area with continued rental demand. Schedule your showing today and see what this unique Lewistown investment could become.

Home Facts

Multi-Family

11 Bedrooms

Built in 1493

Subdivision & Development:

NONE AVAILABLE

Price Summary

414,900

$82 per Sq. Ft.

MLS #:

PAMF2053562

Last Updated:

October 18, 2026, 01:52 PM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

11


Structure

Structure

Architectural Style:

Traditional

Building Area:

5,000 Sq. Ft.

Year Built:

1493


Lot

Lot Size (Sq. Ft):

4,356


Finances & Disclosures

Finances

Price:

$414,900

Price per Sq. Ft:

$82 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.