Two-Unit
New
For Sale
$219,900
1017 S QUEEN STREET, York, PA 17403
The ground-floor residence is vacant, while the upper apartment occupies the second and third levels.
Property Size2,154 SF
Price / SF$102.09
Days on Market3
Property Features for 1017 S QUEEN STREET
General Information
Standard status
Active
Size
2,154 SF
Property subtype
Duplex
Units
Unit Mix
1 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Building Details
Year Built
1900
Buildings
1
Construction
row home
Listing Agency:
Renaissance Realty Sales, LLC
(717) 881-3037
Listed By:
Spencer Blake · License #RS367636
(717) 881-2965
Source:
Cummingsrealtors
Added: Nov 4
Last Checked: Nov 4 at 3:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Renaissance Realty Sales, LLC
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Investment Insights
Based on property information with market context.
Built in 1900, this York duplex contains two apartments with distinct layouts. The first-floor residence has one bedroom and one bathroom. A three-bedroom, one-bathroom unit occupies the second and third floors and is leased month-to-month. The lower apartment is vacant.
Key Highlights
- Two residential units in an end‑unit row home
- First‑floor apartment has 1 bedroom and 1 bathroom; currently vacant
- Upper apartment spans the second and third floors, with 3 bedrooms and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,853
Cap Rate
9.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,060
$397.1K
Cap Rate 7%
$283,614
$283.6K
Cap Rate 9%
$220,589
$220.6K
Market Conditions
NOI Build-Up for 2,154 SF
Gross rent
$38.0K $17.64/SF
− Vacancy
−$1.9K −$0.88/SF
EGI
$36.1K $16.76/SF
− OpEx
−$16.2K −$7.54/SF
NOI
$19.9K $9.22/SF
Area
York County, PA
Vacancy
5.00%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,060
Cap Rate 7%
$283,614
Cap Rate 9%
$220,589
Alternative Uses
Best Use
Multifamily LT 5
$305.3K
$267.2K – $356.2K
NOI $21,373 @ 7.0% cap · market cap 9.72%
Second Best
Apartment 5plus
$283.6K
$248.2K – $330.9K
NOI $19,853 @ 7.0% cap · market cap 9.03%
Theoretical Best
Office A
$623.7K
$545.7K – $727.6K
NOI $43,656 @ 7.0% cap · market cap 19.85%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,360
Businesses Nearby
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Business Placement
Demographics for 17403, PA
40,344
Population
16,490
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
89%
High-School Grad
20.6 sq mi
ZIP Area
1,958
Density / Sq Mi
$72,233
Median Household Income
$38,105
Median Earnings
$1,072
Median Rent
$206,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The ground-floor residence is vacant, while the upper apartment occupies the second and third levels.
Where is this duplex located?
The property is located at 1017 S QUEEN STREET York, PA.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two residential units in an end‑unit row home; First‑floor apartment has 1 bedroom and 1 bathroom; currently vacant; Upper apartment spans the second and third floors, with 3 bedrooms and 1 bathroom
