140 Schoolhouse Rd, Palmyra, PA 17078
What's special
Prime Investment Opportunity or Live-In Landlord Setup in Palmyra! Welcome to 140 Schoolhouse Road, a fully renovated multi-unit property offering exceptional flexibility, comfort, and steady income potential. Perfectly positioned for owner-occupants looking to supplement their mortgage or savvy investors seeking a turnkey addition to their portfolio. This unique property features two distinct living units designed with maximum space and complete independence in mind (or the buyer could convert to single-family home): •Unit 1 (Main Level): Spacious layout offering three comfortable bedrooms. •Unit 2 (Upper Level): Bright and airy layout featuring two bedrooms. Both units enjoy updated kitchens, modern updated bathrooms, their own private porch, separate entrances, and dedicated parking spaces. Exceptional storage and utility space abound, as each unit features its own separate attic and shared basement space. Inside, no detail has been missed. The entire property has had major renovations including, freshly painted, new LVP flooring, new carpet, and refinished hardwood floors throughout, enhanced lighting & electrical upgrades. Outside, the property sits on a spacious 1+ acre lot with sections of fenced-in yard, a garage, and a dedicated workshop space. Situated in a fantastic location close to local amenities, schools, and major routes. Move-in ready and built to impress—schedule your private tour today!
- 17 days
- 2,349
- 166
Likely to sell faster than
Travel times
Living Room--Unit 1
Kitchen--Unit 1
Bedroom 1--Unit 1
Bathroom--Unit 1
Laundry Room--Unit 1
Bedroom 2/Dining Room--Unit 1
Entry Unit 2
Kitchen--Unit 2
Living Room--Unit 2
Bedroom 1--Unit 2
Bedroom 2--Unit 2
Bathroom--Unit 2
Basement (Unfinished)
Outdoor
Zillow last checked:
Listing updated:
MOLLY SNYDER 717-503-9625,
Coldwell Banker Realty 7175342442
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 5
Basement
- Area: 0
Heating
- Hot Water, Natural Gas
Cooling
- Window Unit(s), Natural Gas
Appliances
- Included: Refrigerator, Oven/Range - Electric, Gas Water Heater
- Laundry: Dryer In Unit, Washer In Unit, Hookup
Features
- Ceiling Fan(s)
- Flooring: Luxury Vinyl, Hardwood, Carpet
- Basement: Partial
- Number of fireplaces: 1
Interior area
- Total structure area: 1,932
- Total interior livable area: 1,932 sqft
- Finished area above ground: 1,932
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Covered, Garage Door Opener, Storage, Detached, Off Street
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 0.99 Acres
- Dimensions: 119 x 364
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 3122926183450380000
- Zoning: RESIDENTIAL
- Zoning description: Residential
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Permanent
- Roof: Fiberglass,Asphalt
Condition
- Excellent
- New construction: No
- Year built: 1925
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Community
- Subdivision: None Available
HOA
- Has HOA: No
Location
- Region: Palmyra
- Municipality: SOUTH LONDONDERRY TWP
Financial & listing details
- Price per square foot: $191/sqft
- Tax assessed value: $158,000
- Annual tax amount: $3,803
- Date on market: 10/3/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,VA Loan,FHA,Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/3/2026 | Listed for sale | $369,900+164.4%$191/sqft |
Source:  Bright MLS #PALN2028952 Report a problem | ||
| 6/7/2012 | Sold | $139,900$72/sqft |
Source: Public Record Report a problem | ||
| 2/17/2011 | Sold | $139,900$72/sqft |
Source: Public Record Report a problem | ||
| 12/8/2010 | Listed for sale | $139,900$72/sqft |
Source: RE/MAX Realty Select #10202987 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $3,962 +4% | $158,000 |
| 2025 | $3,811 +1.7% | $158,000 |
| 2024 | $3,747 +2.2% | $158,000 |
| 2023 | $3,668 +4% | $158,000 |
| 2022 | $3,526 +8.8% | $158,000 |
| 2021 | $3,241 +1.4% | $158,000 |
| 2020 | $3,196 +273.6% | $158,000 |
| 2019 | $855 -63.9% | $158,000 |
| 2018 | $2,368 | $158,000 |
| 2017 | -- | $158,000 |
| 2016 | -- | $158,000 |
| 2015 | -- | $158,000 |
| 2014 | -- | $158,000 +1053.3% |
| 2012 | -- | $13,700 |
| 2011 | -- | $13,700 |
| 2010 | -- | $13,700 |
| 2009 | -- | $13,700 |
| 2007 | -- | $13,700 |
| 2006 | -- | $13,700 |
Monthly payment
Estimated market value
$357,300
$339,000 - $375,000
$2,324/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.