Colonial-Style
135 W 2ND Street, Waynesboro, PA 17268
For Sale
New
$260,000
Multi-Family, WAYNESBORO, PA
Property Size2,200 SF
Lot Size0.11 Acres
Price / SF$118.18
Days on Market5
Property Features for 135 W 2ND Street
General Information
Property type
Property subtype
Rooms
Parking features
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Amenities
laundry hookups
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
Keller Williams Keystone Realty · Keller Williams Realty
(717) 755-5599
Listed By:
Nicholas Bair · License PA RS343827
(717) 885-3966
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 10 at 9:06PM
MLS# PAFL2038720
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.
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Investment Insights
Based on property information with market context.
This Colonial-style duplex was built in 1920 and received major renovations completed in 2026. The 2,200-square-foot property has aluminum siding, forced-air heating, and window-unit cooling. An unfinished basement provides additional interior space, and laundry hookups are in place.
The property occupies a 0.1148-acre lot in Waynesboro, Pennsylvania. Parking is accessed from the alley.
The property occupies a 0.1148-acre lot in Waynesboro, Pennsylvania. Parking is accessed from the alley.
Key Highlights
- 2,200 square feet on a 0.1148‑acre lot
- Major renovations completed in 2026
- Built in 1920 with Colonial architectural style
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,880
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,600
$437.6K
Cap Rate 7%
$312,571
$312.6K
Cap Rate 9%
$243,111
$243.1K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$33.8K $15.36/SF
− Vacancy
−$2.5K −$1.15/SF
EGI
$31.3K $14.21/SF
− OpEx
−$9.4K −$4.26/SF
NOI
$21.9K $9.95/SF
Area
Franklin County, PA
Vacancy
7.50%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,600
Cap Rate 7%
$312,571
Cap Rate 9%
$243,111
Alternative Uses
Best Use
Multifamily LT 5
$312.6K
$273.5K – $364.7K
NOI $21,880 @ 7.0% cap · market cap 8.42%
Second Best
Apartment 5plus
$282.3K
$247.0K – $329.3K
NOI $19,758 @ 7.0% cap · market cap 7.60%
Theoretical Best
Office A
$533.4K
$466.8K – $622.3K
NOI $37,340 @ 7.0% cap · market cap 14.36%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
670
Businesses Nearby
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Business Placement
Demographics for 17268, PA
29,587
Population
12,693
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
77.8 sq mi
ZIP Area
380
Density / Sq Mi
$69,715
Median Household Income
$44,106
Median Earnings
$1,081
Median Rent
$225,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Franklin County, PA
Properties on Market for Duplexes in Franklin County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Laundry hookups and alley-access parking add practical features to this renovated property.
Where is this duplex located?
The property is located at 135 W 2ND Street Waynesboro, PA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 2,200 square feet on a 0.1148‑acre lot; Major renovations completed in 2026; Built in 1920 with Colonial architectural style
