Duplex with Covered
161 CHESTNUT Avenue Carlisle, PA 17013
For Sale
$455,000
MULTI_FAMILY - Other - CARLISLE, PA
Property Size2,880 SF
Lot Size0.17 Acres
Price / SF$157.99
Days on Market47
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
- Electric (Heating), Heat Pump (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2007
- Number of units
- 2
- Building materials
- Frame
- Architectural style
- Other
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(717) 245-2100
Listed By:
Karen S. Detwiler · License #AB068809
(717) 979-3425
Added: Jun 11
Changed: Jul 14
Last Checked: Jul 27 at 8:06AM
MLS# PACB2055104
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 attractive, well-cared-for duplex features a stone veneer front with vinyl siding and a covered front porch. Each unit includes three bedrooms, two full bathrooms, and one half bath, along with a large living room, dining room, and a kitchen with a pantry and first-floor laundry area. The primary bedroom includes a full bath. The exterior access basement is described as a four-foot crawl space on a concrete slab with poured concrete walls and firewalls between the two units, supporting separation between residences. A large shed and easy parking add to the overall utility of the property.
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.
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.
Key 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, kitchen with pantry, and first‑floor laundry area
- Primary bedroom has a full bath; bathroom features include walk‑in shower and tub/shower
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 |
2,880 SF · lease $14.40/SF/yr · vacancy 5.61% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$391.5K
$342.5K – $456.7K
NOI $27,402 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$347.5K
$304.1K – $405.4K
NOI $24,326 @ 7.0% cap · market cap 5.35%
Theoretical Best
Office A
$669.0K
$585.4K – $780.5K
NOI $46,830 @ 7.0% cap · market cap 10.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Well-maintained duplex offers two 3-bedroom units with covered front porches and dedicated parking.
Where is this duplex located?
The property is located at 161 CHESTNUT Avenue Carlisle, PA.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: 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, kitchen with pantry, and first‑floor laundry area; Primary bedroom has a full bath; bathroom features include walk‑in shower and tub/shower
