Side-by-Side Duplex
611-613 WALNUT BOTTOM Road Shippensburg, PA 17257
New
For Sale
$330,000
MULTI_FAMILY - Other - SHIPPENSBURG, PA
Property Size2,382 SF
Lot Size0.53 Acres
Price / SF$138.54
Days on Market1
Property Features for 611-613 WALNUT BOTTOM Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
1
Parking features
Garage - Detached, Off Street, Driveway
Appliances
Oven/Range - Electric, Refrigerator
Standard status
Active
Size
2,382 SF
Lot size
0.53 Acres
Taxes and HOA fees
Tax Annual Amount
3507
Utilities
Heating system
Forced Air
Cooling system
Window Unit(s)
Building Details
Year built
1900
Number of units
2
Building materials
Frame
Architectural style
Other
Listing Agency:
Century 21 A Better Way
(717) 243-4929
Listed By:
VINCENT MELLOTT · License #RM420365
(717) 385-4039
Added: Jul 27
Last Checked: Jul 27 at 11:06AM
MLS# PACB2056736
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This side-by-side duplex consists of two separately deeded properties being sold together. Each unit includes three bedrooms and one-and-a-half baths, with the possibility of adding an additional bedroom if smaller rooms are utilized accordingly. Updates have been completed to kitchens, bathrooms, flooring, and paint. Both sides feature a covered front porch and a rear deck or patio area.
A recently installed driveway from the rear alley provides off-street parking, and additional parking is available next to the building. The property also includes a detached garage and a carport. Utilities are completely separate between the two units. The current owner pays for trash, which could be billed to the tenant(s).
The site totals approximately 0.53 acres, with the building size noted as 2,382 square feet.
A recently installed driveway from the rear alley provides off-street parking, and additional parking is available next to the building. The property also includes a detached garage and a carport. Utilities are completely separate between the two units. The current owner pays for trash, which could be billed to the tenant(s).
The site totals approximately 0.53 acres, with the building size noted as 2,382 square feet.
Key Highlights
- Side‑by‑side duplex sold as two separately deeded properties
- Each unit offers 3 bedrooms and 1.5 baths (smaller rooms may support an additional bedroom)
- Recently updated interiors include kitchens, bathrooms, flooring, and paint
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.3k | $14.40 |
| − Vacancy | −$1.9k | −$0.81 |
| EGI | $32.4k | $13.59 |
| − OpEx | −$9.7k | −$4.08 |
| NOI | $22.7k | $9.51 |
2,382 SF · lease $14.40/SF/yr · vacancy 5.61% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$323.8K
$283.3K – $377.7K
NOI $22,664 @ 7.0% cap · market cap 6.87%
Second Best
Apartment 5plus
$287.4K
$251.5K – $335.3K
NOI $20,119 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$553.3K
$484.2K – $645.5K
NOI $38,732 @ 7.0% cap · market cap 11.74%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two separately deeded duplex units each offer 3 bedrooms and one-and-a-half baths with covered porches and rear decks.
Where is this duplex located?
The property is located at 611-613 WALNUT BOTTOM Road Shippensburg, PA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Side‑by‑side duplex sold as two separately deeded properties; Each unit offers 3 bedrooms and 1.5 baths (smaller rooms may support an additional bedroom); Recently updated interiors include kitchens, bathrooms, flooring, and paint
