This home's estimate is 5.6% lower than the average sale price ($505K) of 6 comparable homes.
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127 Ridge Ave, Ephrata, PA 17522
About this home
This 4 unit building consists of 3 apartments in the main building, with a trailer owned by tenant, and only lot rent received by owner. Three apartments are in good shape with many updates including paint and plank flooring. All tenants pay there own electric and heat. There is a vacant trailer that owner has letter from former tenant that he may have it removed, and township has agreed to allow owner to place a new mobile if desired. The property currently caps 8% with potential increases of rents when lease terms renew to cap 9%, and if new mobile home is added it will cap 10%. The owner has received a price of $70,000 to purchase mobile and have installed.
Redfin Estimate
Market trends in 17522, PA
Last updated September 2026
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Seller's Market
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Sale history for 127 Ridge Ave
$87/sq ft
$92/sq ft
$87/sq ft
$87/sq ft
$87/sq ft
Tax history for 127 Ridge Ave
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- # of Detached Garage Spaces: 1
- Garage Features: Garage - Front Entry
- # of Total Garage and Parking Spaces: 1
- Has Garage
- # of Garage Spaces: 1
- Detached Garage
Interior
- Interior Information
- Living Area Sq.Ft. Source: Assessor
- Room Information
- # of Rooms: 18
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 1
- Basement Information
- Basement: Yes
- Partial
Exterior
- Property Information
- Total Below Grade Sq. Ft.: 576
- Improvement Assessed Value: $150,400
- Insurance Expense: $900
- Ownership Interest: Fee Simple
- Property Condition: Good
- Year Built Source: Assessor
- Building Information
- # of Units (Total): 4
- Construction Materials: Frame, Metal Siding
- Other Structures: Above Grade, Below Grade
- Structure Type: Detached
- Lot Information
- Lot Size Dimensions: 0.00 x 0.00
- Lot Dimensions Source: Assessor
- Tidal Water: No
- Land Information
- Land Assessed Value: $68,700
- Above Grade Information
- Finished Sq.Ft.: 2,408
- Finished Sq.Ft. Source: Assessor
- Below Grade Information
- Unfinished Sq.Ft. Source: Assessor
- Finished Sq.Ft.: 576
- Finished Sq.Ft. Source: Assessor
Financial
- Tax Information
- City/Town Tax: $278
- County Tax: $638
- School Tax: $3,779
- Tax Assessed Value: $219,100
- Tax Year: 2021
- Tax Annual Amount: $4,696
- Assessments Information
- Year Assessed: 2021
- Lease Information
- Existing Lease Type: Yearly, Month to Month
- Rental Information
- Rent Control: No
- Total Actual Rent: $31,080
Utilities
- Utilities Information
- Central Air
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Baseboard - Electric, Forced Air
- Heating Fuel: Oil
- Hot Water: Electric
- Sewer Septic: Public Sewer
- Trash Expense: $880
- Water Average / Month: $219
- Water Previous 12 Months: $2,628
- Water Source: Public
Location
- Multi Unit Information
- # of Single Room Units: 1
- # of Two Bedroom Units: 2
- # of Three Bedroom Units: 1
- # of Units Leased: 4
- # of Month To Month Units: 1
- Other Units: Unit 1,Unit 2,Unit 4,Unit 3
- Gross Income: $31,080
- Net Operating Income: $21,976
- Income Includes: Apartment Rentals, Other
- Operating Expense: $9,104
- School Information
- Middle Or Junior School: EPHRATA
- High School: EPHRATA
- School District Name: EPHRATA AREA
- Middle School Source: Listing Agent
- High School Source: Listing Agent
- School District Source: Listing Agent
- Location Information
- Directions: 322 east to (L) on Ridge Avenue to property on the right.
- Municipality: EPHRATA TWP
Public facts
- Beds: —
- Baths: 1.0
- Sq. Ft.: 720
- Stories: 1.0
- Lot Size: —
- Style: Mobile/Manufactured Home
- Year Built: 1966
- Year Renovated: —
- County: Lancaster County
- APN: 2707982330002
Around this home
Schools
Public K-4 • Assigned • 1.2mi
Public 7-8 • Assigned • 2.0mi
Public 9-12 • Assigned • 1.8mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
0.00% chance of being in a wildfire in next 30 years
7 days above 100° expected this year, 14 days in 30 years
15% chance of strong winds in next 30 years
6 unhealthy days expected this year, 7 days in 30 years
Sun exposure
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Nearby similar homes
New listings for sale in 17522
Home values near 127 Ridge Ave
| Address | Redfin Estimate |
|---|---|
4 Beds | 1.5 Baths | 2832 Sq. Ft. | $581,152 |
5 Beds | 2 Baths | 2235 Sq. Ft. | $386,305 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 2922 Sq. Ft. | $631,914 |
5 Beds | 3.5 Baths | 2964 Sq. Ft. | $519,361 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | 1170 Sq. Ft. | $309,757 |
3 Beds | 1 Baths | 1064 Sq. Ft. | $331,340 |
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