Building Details

Year built 1954

Number of units 2

Building materials Modular/Manufactured

Architectural style Other

Listing Agency: Fisher Realty k***@gmail.com Show Phone

Listed By: John W Crawford · License #RB369701 Show Phone

Added: Oct 21 Last Checked: Oct 25 at 3:06AM

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MLS# PALA2097138

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 1,779-square-foot duplex includes in-law quarters, hardwood flooring, and a kitchen arranged with the dining area. The 0.44-acre parcel has a deck and paved driveway, with Conestoga Creek along the property. Built in 1954, the modular/manufactured home has central air conditioning and electric heating.

Key Highlights

• 1,779‑square‑foot duplex with in‑law quarters
• 0.44‑acre lot bordering Conestoga Creek
• Deck and paved driveway

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$19,871

Cap Rate

6.85%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$397,420 $397.4K

Cap Rate 7%

$283,871 $283.9K

Cap Rate 9%

$220,789 $220.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,779 SF

Gross rent

$28.8K $16.20/SF

− Vacancy

−$432 −$0.24/SF

EGI

$28.4K $15.96/SF

− OpEx

−$8.5K −$4.79/SF

NOI

$19.9K $11.17/SF

Area

Lancaster County, PA

Vacancy

1.50%

Lease Rate

$16.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$397,420

Cap Rate 7%

$283,871

Cap Rate 9%

$220,789

Alternative Uses

Best Use

Multifamily LT 5

$283.9K

$248.4K – $331.2K (±1% cap)

NOI $19,871 @ 7.0% cap · market cap 6.85%

Second Best

Apartment 5plus

$250.3K

$219.1K – $292.1K (±1% cap)

NOI $17,524 @ 7.0% cap · market cap 6.04%

Theoretical Best

Office A

$596.2K

$521.6K – $695.5K (±1% cap)

NOI $41,731 @ 7.0% cap · market cap 14.39%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

206

Businesses Nearby

Explore this area Business Placement

Demographics for 17554, PA

8,042

Population

3,115

Households

2.6

Avg Household Size

39

Median Age

32%

College-Educated

93%

High-School Grad

3.1 sq mi

ZIP Area

2,594

Density / Sq Mi

$95,516

Median Household Income

$48,248

Median Earnings

$1,346

Median Rent

$270,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Frequently Asked Questions

What type of property is this?

Duplex - A deck, paved driveway, and creekside lot complement the home's in-law quarters.

Where is this duplex located?

The property is located at 153 HERSHEY MILL Road Mountville, PA.

What is the asking price?

The asking price for this property is $290,000.

What are key features of this property?

This property features: 1,779‑square‑foot duplex with in‑law quarters; 0.44‑acre lot bordering Conestoga Creek; Deck and paved driveway