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Victorian Quadplex with Basement Space
For Sale
$234,900

158 S PERSHING Avenue, York, PA 17401

Multi-Family, YORK, PA

Property Size2,180 SF
Lot Size0.03 Acres
Price / SF$107.75
Days on Market106

Property Features for 158 S PERSHING Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Rooms Basement
Parking features On Street
Appliances Oven - Single, Refrigerator
Elementary school district YORK CITY
Middle school district YORK CITY
High school district YORK CITY
Standard status Active
Size 2,180 SF
Lot size 0.03 Acres

Taxes and HOA fees

Tax Annual Amount 4170

Utilities

Heating system Baseboard, Electric (Heating)

Building Details

Year built 1900
Number of units 4
Building materials Composition
Architectural style Victorian
Listing Agency: Beiler-Campbell Realtors-Quarryville
Listed By: RONALD L Clark
Added: Jun 23 Changed: Sep 29 Last Checked: Oct 6 at 12:06PM
MLS# PAYK2106026

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.

Investment Insights

Based on property information with market context.

This Victorian quadplex at 158 S Pershing Avenue contains 2,180 square feet on a 0.0301-acre lot and dates to 1900. Three apartment units are identified, including a recently remodeled two-bedroom, one-bath unit that is ready to rent. Two units are currently rented. The basement includes a fourth unit that previously operated as a barber shop and requires rehabilitation.

The property carries commercial zoning, with zoning verification to be completed by the buyer. On-street parking is available, and the building includes electric baseboard heat, a single oven, and a refrigerator. Its York location is near the town center, shops, restaurants, and a school museum.

Key Highlights

  • 2,180 SF Victorian quadplex built in 1900
  • Three apartment units identified; two are rented
  • Remodeled two‑bedroom, one‑bath unit ready to rent

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,093
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$401,860 $401.9K
Cap Rate 7%
$287,043 $287.0K
Cap Rate 9%
$223,256 $223.3K
Market Conditions
NOI Build-Up for 2,180 SF
Gross rent
$38.5K $17.64/SF
− Vacancy
−$1.9K −$0.88/SF
EGI
$36.5K $16.76/SF
− OpEx
−$16.4K −$7.54/SF
NOI
$20.1K $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%
$401,860
Cap Rate 7%
$287,043
Cap Rate 9%
$223,256

Alternative Uses

Best Use
Multifamily LT 5
$309.0K
$270.4K – $360.5K (±1% cap)
NOI $21,631 @ 7.0% cap · market cap 9.21%
Second Best
Apartment 5plus
$287.0K
$251.2K – $334.9K (±1% cap)
NOI $20,093 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$631.2K
$552.3K – $736.4K (±1% cap)
NOI $44,183 @ 7.0% cap · market cap 18.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

The Basement Barber Shop Endz Like This Nail Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Skin Care Clinic Locksmith Carpet & Flooring Store Pet Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,556
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Two apartments are leased, while a remodeled third unit is ready for occupancy.
Where is this quadplex located?
The property is located at 158 S PERSHING Avenue York, PA.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: 2,180 SF Victorian quadplex built in 1900; Three apartment units identified; two are rented; Remodeled two‑bedroom, one‑bath unit ready to rent
More about this property
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