Updated Two-Unit
208 - 210 WAYNE AVENUE, Waynesboro, PA 17268
For Sale
$234,900
Tenant-occupied property with separate utility metering, private storage, and recent interior and exterior improvements.
Property Size1,436 SF
Price / SF$163.58
Days on Market96
Property Features for 208 - 210 WAYNE AVENUE
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Utilities to Site
Amenities
laundry hookups
Building Details
Year Built
Listing Agency:
Coldwell Banker Realty
(717) 762-7111
Listed By:
Kimberly M Mills · License PA AB068344
(717) 752-4340
Source:
Cummingsrealtors
Added: Aug 7
Changed: Nov 10
Last Checked: Nov 10 at 8:41AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,436-square-foot duplex contains two matching residential units, each with 2 bedrooms, 1 full bath, a living room, eat-in kitchen, mudroom, and front porch. Separate attic and basement areas provide private storage for each unit, with laundry hookups in both basements. Individual utility meters serve the units, and tenants pay their own utilities. Improvements include a new metal roof installed in 2025, fresh paint, and new LVP flooring throughout both residences. Built in 1937, the property has tenants in place and a current borough rental certificate.
The duplex is located at 208–210 Wayne Avenue in Waynesboro, Pennsylvania, with views overlooking downtown. Northside pool, a dog park, shops, restaurants, and local businesses are described as walkable from the property.
The duplex is located at 208–210 Wayne Avenue in Waynesboro, Pennsylvania, with views overlooking downtown. Northside pool, a dog park, shops, restaurants, and local businesses are described as walkable from the property.
Key Highlights
- Two‑unit duplex totaling 1,436 square feet
- Each unit offers 2 bedrooms, 1 full bath, living room, eat‑in kitchen, mudroom, and front porch
- New metal roof installed in 2025
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
Yes
Utilities to site
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
$225,900
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Franklin County, PA
Properties on Market for Duplexes in Franklin County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Tenant-occupied property with separate utility metering, private storage, and recent interior and exterior improvements.
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: Two‑unit duplex totaling 1,436 square feet; Each unit offers 2 bedrooms, 1 full bath, living room, eat‑in kitchen, mudroom, and front porch; New metal roof installed in 2025
