1538 1ST Avenue, York, PA 17403
MULTI_FAMILY - Colonial - YORK, PA
- Added:
- Jun 21, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 21 at 3:06 am
Property Features for 1538 1ST Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 3
- Parking features
- Garage - Detached, Off Street, On Street, Driveway
- Interior features
- 2nd Kitchen, Additional Stairway, Carpet, Ceiling Fan(s), Crown Moldings, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Country, Bathroom - Stall Shower, Bathroom - Tub Shower, Walk-in Closet(s), Window Treatments, Wood Floors
- Appliances
- Built-In Microwave, Dishwasher, Dryer - Gas, Energy Efficient Appliances, Exhaust Fan, Extra Refrigerator/Freezer, Microwave, Oven - Single, Oven/Range - Electric, Range Hood, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater - High-Efficiency
- Standard status
- Active
- Size
- 2,948 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6108
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1910
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Colonial
Listing agent Seth Tyler Trone License #RS347868 (717) 357-0486
Listing office Iron Valley Real Estate of York County 2641 Carnegie Road, York, PA (717) 316-8777
Listing date Jun 21, 2026
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.
HighLights
- Brick duplex on a corner lot in East York’s Elmwood neighborhood, built in 1910
- First‑floor unit currently rented on a month‑to‑month lease
- Second/third‑floor unit has 3–4 bedrooms and 2 baths with recent cosmetic upgrades and new central AC
- Separated utilities except water; landlord responsible for water/sewer/trash
- Parking includes a detached 2‑car garage plus off‑street and on‑street parking
- Inspection recently completed with the township, good until 03/20/2028 (rental inspection document available on request)
Overview
The second/third-floor unit provides 3–4 bedrooms and 2 bathrooms, with recent cosmetic upgrades. The unit includes new central A/C, a private patio space with a storage shed, and access to a two-car garage. The property is described as being conveniently located near I-83 and Route 30, with a nearby inspection completed with the township that is documented as good until 03/20/2028.
Utilities are separated except for water, and the landlord has been responsible for water/sewer/trash. With one unit already occupied and the other unit ready for owner occupancy or leasing, the duplex may fit investors seeking two-unit ownership structure or buyers looking to move into one side while renting the other, subject to the current lease terms.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.2k | $15.00 |
| − Vacancy | −$2.4k | −$0.83 |
| EGI | $41.8k | $14.17 |
| − OpEx | −$12.5k | −$4.25 |
| NOI | $29.3k | $9.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- York
- County
- York
- State
- Pennsylvania
- Longitude
- -76.69627
- Latitude
- 39.96943