Schedule Tour
$369,900

140 Schoolhouse Rd

Palmyra, PA
PENDING-BRIGHT
5
Bedrooms
1,932
Square Feet
0.99
Lot Size (acres)
1925
Year Built
26
Days On Market

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! Please see our Virtual Tours & 3D Tour...just click on icon @ top of Listing Sheet under the address that says, "Virtual Tours". Hopefully, you will enjoy them!!!

Take the 3D virtual tour →

Listing Information

Listing Updated
5 days ago
Listed By
MOLLY SNYDER, 7175039625 · Coldwell Banker Realty, 7175342442
MLS#
PALN2028952
Source
Bright
Status
PENDING-BRIGHT

Facts & Features

Location

Community Information

Address
140 Schoolhouse Rd, Palmyra, PA 17078
City
Palmyra
County
Lebanon
Neighborhood
NONE AVAILABLE
Zip Code
17078

Architecture

Bedrooms
5
Year Built
1925
Style
Other
Construction Materials
Aluminum Siding
Building Area
1,932 sq. ft.
Foundation
Permanent
Roof
Asphalt, Fiberglass
Garage
Yes
Garage Spaces
1
Parking Features
Garage Door Opener, Garage, Detached, Off Street

Features & Amenities

Interior Features
Ceiling Fan(s)
Appliances
Dryer, Electric Range, Refrigerator, Washer, Gas Water Heater, Electric Oven
Patio and Porch
Porch
Cooling
Ceiling Fan(s), Window Unit(s), Gas
Heating
Natural Gas, Hot Water

Property Features

Lot Size
0.99 Acres
Water
Public
Sewer
Public Sewer
Utilities
Natural Gas Available
Zoning
Residential

Square Footage

Above Grade
1,932 sq. ft.
Total
1,932 sq. ft.

Tax & Financial Information

List Price
$369,900
Annual Taxes
$3,803

Schools

75/100
Pine Street Elementary School
Elementary · Grades 01–05 · 1.9 mi
City
Palmyra
Students
368
Parent reviews
5.0★ avg · 2 reviews
Student body
85% White · 8% Hispanic / Latino · 4% Asian
Free/reduced lunch
29%
Phone
(717) 838-1331
72/100
Hershey High School
High · Grades 09–12 · 2.8 mi
City
Hershey
Students
1,225
Parent reviews
5.0★ avg · 4 reviews
Student body
71% White · 12% Asian · 7% Hispanic / Latino
Phone
(717) 531-2244
66/100
Northside Elementary School
Elementary · Grades 01–05 · 2.9 mi
City
Palmyra
Students
232
Parent reviews
4.0★ avg · 2 reviews
Student body
81% White · 10% Hispanic / Latino · 5% Two or More Races
Free/reduced lunch
41%
Phone
(717) 838-1331
56/100
Hershey Intrmd Elementary School
Elementary · Grades 04–05 · 2.9 mi
City
Hershey
Students
496
Student body
70% White · 13% Asian · 7% Hispanic / Latino
Phone
(717) 531-2277
56/100
Hershey Early Childhood Center
Elementary · Grades KG–01 · 2.9 mi
City
Hershey
Students
392
Student body
70% White · 13% Asian · 11% Hispanic / Latino
Free/reduced lunch
16%
Phone
(717) 531-2211
54/100
Hershey Primary Elementary School
Elementary · Grades 02–03 · 2.9 mi
City
Hershey
Students
474
Student body
73% White · 12% Asian · 8% Hispanic / Latino
Free/reduced lunch
21%
Phone
(717) 531-2277
53/100
Lingle Avenue Elementary School
Elementary · Grades KG–05 · 1.1 mi
City
Palmyra
Students
571
Student body
79% White · 9% Asian · 7% Hispanic / Latino
Free/reduced lunch
22%
Phone
(717) 838-1331
53/100
Hershey Middle School
Middle · Grades 06–08 · 2.8 mi
City
Hershey
Students
741
Student body
61% White · 17% Asian · 10% Hispanic / Latino
Free/reduced lunch
30%
Phone
(717) 531-2222

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
10/01/2026Listed for sale$369,900

Listed by MOLLY SNYDER · Coldwell Banker Realty · 7175342442

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.

Last Updated: October 22, 2026 at 5:35 PM | Source: Bright | MLS#: PALN2028952

Let's work together

Start Your Real Estate Journey

Whether you have questions about this listing, want to schedule a showing, or just want to talk through your options, Jeromy Dunn-Portella is here to help. Reach out and expect a response within one business day.

How can I help?

Jeromy Dunn-Portella is here to help. Reach out and expect a response within one business day.

Lending calculator

Make A Plan For Your Purchase

Know what you can afford before you start shopping — then run the numbers on any home you have in mind.

How much house can I afford?

$500,000
You can afford
$0
Monthly payment
  • Principal & interest
  • Property taxes
  • Homeowner's insurance
  • HOA dues

Enter your income, debts, and down payment to see how much home you may qualify for. Estimates only — not a lending decision.

Want to know more?

Jeromy Dunn-Portella is here to help. Reach out and expect a response within one business day.