Two-Unit
For Sale
$219,900
142 W JACKSON STREET, York, PA 17401
Two apartments provide a one-bedroom layout and a separate three-bedroom configuration.
Property Size1,869 SF
Price / SF$117.66
Days on Market25
Property Features for 142 W JACKSON STREET
General Information
Standard status
Active
Size
1,869 SF
Property subtype
Duplex
Units
Unit Mix
1 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1900
Listing Agency:
Renaissance Realty Sales, LLC
(717) 881-2965
Listed By:
Spencer Blake · License #RS367636
(717) 881-2965
Source:
Cummingsrealtors
Added: Aug 5
Changed: Aug 28
Last Checked: Aug 28 at 11:42AM
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
Investment Insights
Based on property information with market context.
Located at 142 W Jackson Street, this 1,869-square-foot duplex contains two residential units. The unit mix includes one one-bedroom, one-bath apartment and one three-bedroom, one-bath apartment, providing distinct layouts within the same property. Built in 1900, the building offers an established residential income-property format.
Tenant utility costs are paid directly or billed back, limiting the owner-paid utility burden. The property is near York College, Downtown York, and Interstate 83, with access to shopping, dining, employment centers, and other local amenities. The larger unit is leased through May 31, 2027.
Tenant utility costs are paid directly or billed back, limiting the owner-paid utility burden. The property is near York College, Downtown York, and Interstate 83, with access to shopping, dining, employment centers, and other local amenities. The larger unit is leased through May 31, 2027.
Key Highlights
- Two‑unit duplex totaling 1,869 square feet
- Unit mix includes one 1‑bedroom/1‑bath unit and one 3‑bedroom/1‑bath unit
- Built in 1900
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,545
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$370,900
$370.9K
Cap Rate 7%
$264,929
$264.9K
Cap Rate 9%
$206,056
$206.1K
Market Conditions
NOI Build-Up for 1,869 SF
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.
Gross rent
$28.0K $15.00/SF
− Vacancy
−$1.5K −$0.83/SF
EGI
$26.5K $14.17/SF
− OpEx
−$7.9K −$4.25/SF
NOI
$18.5K $9.92/SF
Area
York County, PA
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$370,900
Cap Rate 7%
$264,929
Cap Rate 9%
$206,056
Alternative Uses
Best Use
Multifamily LT 5
$264.9K
$231.8K – $309.1K
NOI $18,545 @ 7.0% cap · market cap 8.43%
Second Best
Apartment 5plus
$246.1K
$215.3K – $287.1K
NOI $17,226 @ 7.0% cap · market cap 7.83%
Theoretical Best
Office A
$541.1K
$473.5K – $631.3K
NOI $37,880 @ 7.0% cap · market cap 17.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,273
Businesses Nearby
Explore this area
Business Placement
Demographics for 17401, PA
18,771
Population
8,202
Households
2.3
Avg Household Size
32
Median Age
16%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
12,514
Density / Sq Mi
$41,569
Median Household Income
$30,329
Median Earnings
$940
Median Rent
$84,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two apartments provide a one-bedroom layout and a separate three-bedroom configuration.
Where is this duplex located?
The property is located at 142 W JACKSON 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‑unit duplex totaling 1,869 square feet; Unit mix includes one 1‑bedroom/1‑bath unit and one 3‑bedroom/1‑bath unit; Built in 1900
