161 CHESTNUT Avenue, Carlisle, PA 17013
MULTI_FAMILY - Other - CARLISLE, PA
- Added:
- Jun 11, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 11 at 5:06 pm
Property Features for 161 CHESTNUT Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 4
- Parking features
- Driveway
- Interior features
- Bathroom - Walk-In Shower, Bathroom - Tub Shower
- Appliances
- Built-In Microwave, Dishwasher, Dryer - Electric, Oven/Range - Electric, Refrigerator, Washer, WaterHeater
- Standard status
- Active
- Size
- 2,880 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 8308
Utilities
- Heating system
- Heat Pump (Heating), Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2007
- Number of units
- 2
- Building materials
- Frame
- Architectural style
- Other
Listing agent Karen S. Detwiler License #AB068809 (717) 979-3425
Listing office Berkshire Hathaway HomeServices Homesale Realty 801 Belvedere Street, Lancaster, PA (717) 245-2100
Listing date Jun 11, 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
- Duplex built in 2007 with each unit offering 3 bedrooms, 2 full baths, and 1 half bath
- Each unit includes a large living room, dining room, and kitchen with pantry plus first‑floor laundry area
- Primary bedroom in each unit has a full bath
- Central air and heat pump/electric heating
- One unit currently rented; option to live in one unit and rent the other
- Driveway parking with 2 spots per unit and a large shed; exterior‑access basement with 4‑foot crawl space
Overview
The property is located in Carlisle, Pennsylvania, at 161 Chestnut Avenue, Cumberland County. The remarks note convenient proximity to the YMCA, shopping, schools, and major routes.
The current setup supports multiple living arrangements, with one unit currently rented and the other available for owner occupancy. The layout, including separate parking spaces for each unit and individual interior living spaces, may appeal to tenants or buyers seeking a straightforward duplex configuration with in-unit laundry and multiple bathrooms per unit.
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 | $41.5k | $14.40 |
| − Vacancy | −$2.3k | −$0.81 |
| EGI | $39.1k | $13.59 |
| − OpEx | −$11.7k | −$4.08 |
| NOI | $27.4k | $9.51 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Carlisle
- County
- Cumberland
- State
- Pennsylvania
- Longitude
- -77.19372
- Latitude
- 40.19817
