Updated Two-Unit
For Sale
$234,900
208-210 Wayne Avenue, Waynesboro, PA 17268
Both residences offer two bedrooms, eat-in kitchens, private storage areas, and separate utility meters.
Property Size1,436 SF
Price / SF$163.58
Days on Market83
Property Features for 208-210 Wayne Avenue
General Information
Standard status
Active
Size
1,436 SF
Property subtype
Multi-Family / Fee Simple
Zoning
R008
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Individually Metered Utilities
unspecified utilities
Additional Details
Gross Income
$29,640
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$1,687
Amenities
front porch
private storage
laundry hookups
No
Stove, Refrigerator
Attic, Bathroom - Tub Shower
No Pool
Sidewalks
Porch(es)
Building Details
Year Built
1937
Listing Agency:
Coldwell Banker Realty
Listed By:
Kimberly M Mills · License #AB068344
(717) 752-4340
Source:
Compass
Added: Aug 7
Changed: Oct 27
Last Checked: Oct 27 at 4:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This side-by-side duplex contains two residences, each with two bedrooms, one full bathroom, a living room, and an eat-in kitchen. Both units have mudrooms, front porches, and basement laundry hookups. Attic and basement storage is separated for each residence. Recent work includes a metal roof installed in 2025, fresh paint, and new LVP flooring throughout. The property was built in 1937 and is zoned R008.
Separate utility meters serve the units, and tenants pay their own utilities. The property has a current borough rental certificate. Northside pool, a dog park, shops, restaurants, and local businesses are within walking distance; the property also overlooks downtown.
Separate utility meters serve the units, and tenants pay their own utilities. The property has a current borough rental certificate. Northside pool, a dog park, shops, restaurants, and local businesses are within walking distance; the property also overlooks downtown.
Key Highlights
- Side‑by‑side duplex with two 2‑bedroom, 1‑bath units
- 1,436 property size
- Metal roof installed in 2025; fresh paint and new LVP flooring in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,282
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,640
$285.6K
Cap Rate 7%
$204,029
$204.0K
Cap Rate 9%
$158,689
$158.7K
Market Conditions
NOI Build-Up for 1,436 SF
Gross rent
$22.1K $15.36/SF
− Vacancy
−$1.7K −$1.15/SF
EGI
$20.4K $14.21/SF
− OpEx
−$6.1K −$4.26/SF
NOI
$14.3K $9.95/SF
Area
Franklin County, PA
Vacancy
7.50%
Lease Rate
$15.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$285,640
Cap Rate 7%
$204,029
Cap Rate 9%
$158,689
Alternative Uses
Best Use
Multifamily LT 5
$204.0K
$178.5K – $238.0K
NOI $14,282 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$184.2K
$161.2K – $214.9K
NOI $12,896 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$348.2K
$304.7K – $406.2K
NOI $24,373 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
756
Businesses Nearby
Explore this area
Business Placement
Demographics for 17268, PA
29,587
Population
12,693
Households
2.3
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
77.8 sq mi
ZIP Area
380
Density / Sq Mi
$69,715
Median Household Income
$44,106
Median Earnings
$1,081
Median Rent
$225,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer two bedrooms, eat-in kitchens, private storage areas, and separate utility meters.
Where is this duplex located?
The property is located at 208-210 Wayne Avenue Waynesboro, 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: Side‑by‑side duplex with two 2‑bedroom, 1‑bath units; 1,436 property size; Metal roof installed in 2025; fresh paint and new LVP flooring in both units
