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    15-Unit Apartment Building with Pond
    Updated: Jan 31
    15-Unit Apartment Building with Pond

    306 Merwinsburg Road, Effort, PA 18330

    $1,999,999
    14,672 sqft 21.16 AC lot
    15‑unit income‑producing property with long‑term tenants in place
    Approximately 75% of units have been recently remodeled; largest building ready for renovation
    21.16‑acre site with landscaped grounds and a pond setting
    General Commercial (GC) zoning uses noted for flexible future use, subject to approvals
    Well water source and septic tank (perc test on file)
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    This listing looks promising.

    Here's a quick look at some key insights for

    306 Merwinsburg Road, Effort, PA 18330

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $131K
      Annual

    • Price @ 7% Cap

      $1.88M
      Suggested

    • Property Type

      Agricultural/Rural (General)
      Built 1902
    View Property Analytics
    15-Unit Apartment Building
    Updated: Jan 31
    15-Unit Apartment Building

    306 Merwinsburg Road, Effort, PA 18330

    $1,999,999
    10,546 sqft 21.16 AC lot
    15‑unit income property with long‑term tenants in place
    Approximately 75% of units recently remodeled; largest building ready for renovation
    21.16 acres with landscaped grounds and a pond setting
    General Commercial (GC) zoning designation
    Well water source and septic tank system; perc test on file
    View details
    15-Unit Income Property
    15-Unit Income Property

    306 Merwinsburg Road, Effort, PA 18330

    $1,999,999

    Fifteen units with a former motel layout, including remodeled apartments and ample parking on General Commercial zoning.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Effort, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    8-Unit Apartment Building
    8-Unit Apartment Building

    435 W Main Street, Pen Argyl, PA 18072

    $1,599,000
    11,586 sqft 0.16 AC lot

    8-unit apartment building with 2-bedroom, 1-bath units, plus 6 garages and 10 storage units, zoned 25R78.

    View details
    Mixed-Use Investment Building
    Mixed-Use Investment Building

    28 South Main Street, Bangor, PA 18013

    Contact for pricing
    9,221 sqft

    Mixed-use building with two street-facing commercial spaces and four 3-bedroom apartments plus additional walk-up fourth-floor space.

    View details
    8-Unit Apartment Building with Garages
    8-Unit Apartment Building with Garages

    435 West Main Street, Pen Argyl, PA 18072

    Contact for pricing
    11,586 sqft

    Well-maintained 8-unit multifamily with garages and storage units, plus recent major system upgrades.

    View details
    Gut-Renovated Downtown Mixed-Use Portfolio
    Gut-Renovated Downtown Mixed-Use Portfolio

    29 S Main Street, 25 Broadway, and 35 Broadway, Bangor, PA 18013

    Contact for pricing

    Three-building mixed-use portfolio with renovated retail storefronts and apartments, currently 95% occupied.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Duplex
    Detached Two-Family Duplex

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Effort, PA Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Effort, PA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 25,218 square feet of properties for sale, with an estimated market value of $5,999,997.

    Sale prices for two-family homes in Effort, PA average $1,999,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 8,586
    Population Growth (5Y) +2.5%
    Median Household Income $92,907
    College Educated 34.5%

    High-Yield Neighborhoods for Investment

    Identify Effort submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    18330 $2M

    Taxes & Financing

    Tax Rate (average for all types) 0.66%
    Property Tax per SF $18.60 per SF
    Tax Rate vs County Average 0.15 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monroe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Monroe County

    Residential Income

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