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    The Largest CRE Database in the US with Over 1 Million Listings

    730 Pennsylvania Ave York, PA 17404

    View on Map
    Sponsored
    For Sale
    $210,000

    MULTI_FAMILY - Colonial - YORK, PA

    Property size:
    2,292 SF
    Lot size:
    0.08 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 18 at 3:06 am

    Property Features for 730 Pennsylvania Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    On Street
    Size
    2,292 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Central, Hot Water(Heating)
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1900
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Colonial

    We can help!

    Listing Contact
    Nathaniel Martin Barshinger

    EXP Realty, LLC (443) 864-2772

    Listing agent Nathaniel Martin Barshinger (717) 668-4694 License #RS359935

    Listing date Mar 18, 2026

    MLS# PAYK2098786 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    York Multifamily Investment Opportunity

    Located in The Avenues of York, 730 Pennsylvania Ave presents an opportunity for investors. This classic neighborhood is known for its walkability, historic character, and proximity to city attractions and employers. The property is fully occupied and generates $1,974 per month in rental income. Both units are in good condition, allowing an investor to begin collecting income from day one. The Avenues is known for its tree-lined streets, classic architecture, and convenient location just west of downtown. Pennsylvania Ave sits a short walk from the York Fairgrounds and is also close to the West York School District. Tenants can quickly reach downtown York, Central Market, WellSpan Park, and the Appell Center for the Performing Arts. The surrounding downtown district also offers a mix of restaurants, breweries, coffee shops, and local gathering spots. Grocery stores, pharmacies, and local shopping are all within minutes, while larger retail options at the York Galleria are a short drive away. Major employers including WellSpan York Hospital and York College of Pennsylvania further support steady rental demand in the area. Pennsylvania Ave provides quick access to Route 30, one of York's primary east-west corridors, along with Interstate 83, connecting north to Harrisburg and south toward Maryland. Route 74 is also nearby, offering another convenient route across the city and throughout York County. The property size is 2292 square feet and the lot size is 0.08 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.7505
    Latitude
    39.96038

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    FAQs

    What type of property is this?
    Duplex - Fully occupied duplex in desirable York neighborhood with immediate cashflow.
    Where is this duplex located?
    The property is located at 730 Pennsylvania Ave York, PA.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: - Fully occupied, generating $1,974/month in immediate rental income.; - Located in the highly desirable Avenues of York, known for walkability and historic character.; - Close to major attractions like York Fairgrounds, Central Market, WellSpan Park, and Appell Center, plus major employers.
    (717) 668-4694
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    730 Pennsylvania Ave York, PA 17404
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    York, PA 17404
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    730 Pennsylvania Ave York, PA 17404
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    We can help!
    Listing Contact
    Nathaniel Martin Barshinger
    Real Estate License ID: RS359935
    (717) 668-4694 (888) 397-7352
    Learn more
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