
Improved Residential Land for Sale in Millersville, Pennsylvania
313-315 E Cottage Ave, Millersville, PA 17551
Set on a generous 1.5-acre lot, this rare investment opportunity features two separate 2-bedroom single-family homes plus a professional level garage in the back of the lot that produces an additional income stream. The property offers exceptional flexibility, strong income potential, and long-term upside. Whether you choose to live in one home and rent the other or lease both, this is a true multi-stream income-producing asset in a high-demand rental corridor. Ideally located just minutes from Millersville University, the property benefits from consistently strong rental demand driven by students, university staff, and the surrounding workforce. Significant improvements have been completed throughout both homes and structures, including mechanical systems and basement waterproofing. Unit 313 is currently rented (lease includes detached 2 car garage behind it) and features hardwood floors, an enclosed front porch, rear deck, updated hot water heater and gas furnace, a dry-locked basement with Bilco access, and a detached two-car garage. Unit 315 offers updated interior finishes, hardwood floors, front and rear porch/patio spaces, new Bilco doors providing improved basement access and functionality, and plenty of off street parking. All of the improvements to the property help reduce future capital expense concerns for the buyer. A standout feature of the property is the upgraded income producing garage in the rear of the lot. The new structure offers ample space for automotive work, equipment, or hobby/business use, adding versatility beyond traditional residential income. With two homes, two garages, and multiple income streams, this property offers a rare combination of land, location, and flexibility in a consistently strong rental market with enduring demand.
Location
- Street address
- 313-315 E Cottage Ave
- County
- Lancaster County
- Zip code
- 17551
- Community
- Millersville
- School district
- Penn Manor
- Elevation
- 278 feet
Property details
- Acreage
- 1.5 acres65,340 sq ft
- MLS #
- TREND PALA2090552
- Posted
Property taxes
- Recent
- $6,721
Parcels
- 440-2361444-248042-0-0000
Details and features
Listing
- Type
- Residential Multi Family
- Unit Count
- 2
- Franchise
- Berkshire Hathaway Home Services
Exterior
- Parking Spaces
- 4
- Parking
- Driveway, Garage-Detached, Off Street
Structure
- Style
- Bungalow
- Heating
- Forced Air, Hot Water
- Cooling
- Ceiling Fan(s), Window Unit(s)
- Materials
- Vinyl Siding
Interior
- Appliances
- Dishwasher, Dryer, Oven/Range-Electric, Refrigerator, Washer
- Features
- Ceiling Fan(s), Entry Level Bedroom, Upgraded Countertops, Wood Floors
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 19, 2026 | New listing | $449,900 | — | TREND |





























































