Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    731 Pennsylvania Ave York, PA 17404

    View on Map
    Sponsored
    For Sale
    $210,000

    MULTI_FAMILY - Colonial - YORK, PA

    Property size:
    2,206 SF
    Lot size:
    0.08 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 18 at 3:06 am

    Property Features for 731 Pennsylvania Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    On Street
    Size
    2,206 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# PAYK2098788

    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

    Duplex in Desirable York Avenues

    Located in The Avenues, this duplex at 731 Pennsylvania Ave in York, PA, is suitable for investors and house hackers. The property includes two units and currently generates $1,772 per month in rental income. The upper unit is in good condition, while the lower unit offers an opportunity to increase value through updates. A garage is included, which is a sought-after feature for renters. The property is situated in a historic neighborhood known for its tree-lined streets, classic homes, and proximity to downtown. Residents are minutes away from Central Market York, WellSpan Park, and the Appell Center for the Performing Arts, as well as restaurants, coffee shops, and breweries. Revival Social Club, The Left Bank Restaurant, and Tutoni's are easily accessible, and Prince Street Cafe, Weis Markets, and Giant are nearby for daily convenience. Pennsylvania Ave provides access to Route 30 and Interstate 83, connecting to Harrisburg, Maryland, and Baltimore. Route 74 is also nearby, facilitating travel across the city. The location attracts renters working throughout York County and commuting to Lancaster, Hanover, or Harrisburg. York College of Pennsylvania and WellSpan York Hospital are also nearby. The property offers investors current income with the potential to increase rents through improvements. House hackers can live in one unit, update the other, and offset the mortgage with rental income. The lot size is 0.08 acres and the property size is 2206 square feet.
    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 Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    York
    County
    York
    State
    Pennsylvania
    Longitude
    -76.75119
    Latitude
    39.96074

    Nearby Similar for Sale

    • $310,000
      0.17 Acres

      Renovated Office Building, York PA

      Newly renovated office building in downtown York location.
      325 E Market St, York, PA 17403
      View Details
    • New
      $69,000

      York City Commercial Office Condo

      First-floor office condo in York City with included amenities.
      1 E Market St, York, PA 17401
      View Details
    • $2,448,817
      9,535 SF

      Retail Building in York, PA

      Retail building with national brand tenants in a thriving location.
      2915 Whiteford Rd, York, PA 17402
      View Details
    • $1,400,700
      1.26 Acres

      Freestanding Retail Property on Whiteford

      Freestanding retail property with NNN lease in York, PA.
      2920 Whiteford Rd, York, PA 17402
      View Details
    • $389,900
      2,128 SF

      York Multifamily Investment Opportunity

      Two properties, three units, long-term tenants, expansion potential.
      1150-1152 E Philadelphia St, York, PA 17403
      View Details
    • New
      $210,000
      2,292 SF

      York Multifamily Investment Opportunity

      Fully occupied duplex in desirable York neighborhood with immediate cashflow.
      730 Pennsylvania Ave, York, PA 17404
      View Details
    • $100,000
      2.05 Acres

      Established Nail Salon Business Opportunity

      Profitable nail salon and spa business for sale in York.
      3013 E Market St, York, PA 17402
      View Details
    • $189,900
      1,707 SF

      Turnkey Investment in Dallastown Schools

      Fully rented two-unit property with development potential near I-83.
      327 N Main St, York, PA 17403
      View Details
    • $425,000
      0.63 Acres

      Multi-Family Property with Potential

      Multi-family property in York, PA with over 6000 sq ft.
      119 N George St, York, PA 17401
      View Details
    • $245,000
      2,784 SF

      Two-Unit Property with Garage

      Two-unit property with garage in York, PA, great investment opportunity.
      566 W Philadelphia St, York, PA 17401
      View Details
    • $85,000

      York City Commercial Office Condo

      First-floor office condo in York City with included amenities.
      1 E Market St, York, PA 17401
      View Details
    • New
      $179,900
      1,776 SF

      Multifamily Property in York, PA

      Two-unit property with garage space available for purchase.
      829 W Princess St, York, PA 17401
      View Details

    FAQs

    What type of property is this?
    Duplex - Income-producing duplex with value-add potential in a sought-after location.
    Where is this duplex located?
    The property is located at 731 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: - Located in The Avenues, a highly desirable rental area in York, ensuring consistent tenant demand.; - Currently generates $1,772 per month in rental income, providing immediate cash flow.; - Offers a clear opportunity to increase rental income by updating the lower unit.
    (717) 668-4694
    Request Owner's contact information
    731 Pennsylvania Ave York, PA 17404
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    731 Pennsylvania Ave
    York, PA 17404
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    731 Pennsylvania Ave York, PA 17404
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Nathaniel Martin Barshinger
    Real Estate License ID: RS359935
    (717) 668-4694 (888) 397-7352
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!