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Two-Unit Duplex with Decks
For Sale
$314,900

214 N COLLEGE Street, Carlisle, PA 17013

Multi-Family, CARLISLE, PA

Property Size2,287 SF
Lot Size0.14 Acres
Price / SF$137.69
Days on Market47

Property Features for 214 N COLLEGE Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement, Dining Room
Parking 3
Parking features Off Street
Interior features Additional Stairway, 2nd Kitchen, Attic, Bathroom - Tub Shower, Breakfast Area, Carpet, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Kitchen - Country, Stove - Wood
Fireplace 1
Appliances Built-In Microwave, Dishwasher, Dryer - Electric, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Washer
High school CARLISLE AREA
Elementary school district CARLISLE AREA
Middle school district CARLISLE AREA
High school district CARLISLE AREA
Standard status Active
Size 2,287 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 3650

Utilities

Heating system Electric (Heating), Baseboard, Hot Water(Heating)
Cooling system Window Unit(s)

Building Details

Year built 1900
Number of units 2
Building materials Vinyl Siding
Architectural style Other
Buildings 1
Listing Agency: RSR, REALTORS, LLC
Listed By: JAMIE BERRIER · License #RS220358L
Added: Sep 21 Changed: Nov 5 Last Checked: Nov 6 at 5:06AM
MLS# PACB2058340

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.

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Investment Insights

Based on property information with market context.

This 2,287-square-foot duplex contains two vertically arranged residences on a 0.14-acre lot. The first-floor unit includes a formal living room, separate dining room, eat-in kitchen, three bedrooms, an updated full bathroom, and a porch adjoining the kitchen. The upper residence features a galley kitchen with a built-in microwave, gas range, refrigerator, breakfast bar, living room with bay windows, bedroom, updated full bathroom, and deck access.

Recent and notable improvements include updated flooring, bathrooms, windows, an electrical panel, a furnace installed in 2014, and a new roof on one portion of the property. Vinyl siding, off-street parking, a level backyard, a fireplace, ceiling fans, and window-unit cooling add to the physical features. Located at 214 N College Street in Carlisle, the property is near Dickinson College, downtown Carlisle, parks, schools, and sidewalks.

Key Highlights

  • Two‑unit duplex with 2,287 square feet of building area
  • 0.14‑acre lot with a large level backyard
  • First‑floor unit includes three bedrooms and an eat‑in kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,760
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,200 $435.2K
Cap Rate 7%
$310,857 $310.9K
Cap Rate 9%
$241,778 $241.8K
Market Conditions
NOI Build-Up for 2,287 SF
Gross rent
$32.9K $14.40/SF
− Vacancy
−$1.8K −$0.81/SF
EGI
$31.1K $13.59/SF
− OpEx
−$9.3K −$4.08/SF
NOI
$21.8K $9.51/SF
Area
Cumberland County, PA
Vacancy
5.61%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,200
Cap Rate 7%
$310,857
Cap Rate 9%
$241,778

Alternative Uses

Best Use
Multifamily LT 5
$310.9K
$272.0K – $362.7K (±1% cap)
NOI $21,760 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$276.0K
$241.5K – $322.0K (±1% cap)
NOI $19,317 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$531.3K
$464.9K – $619.8K (±1% cap)
NOI $37,188 @ 7.0% cap · market cap 11.81%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,217
Businesses Nearby

Demographics for 17013, PA

36,578
Population
16,065
Households
2.3
Avg Household Size
39
Median Age
34%
College-Educated
93%
High-School Grad
39.2 sq mi
ZIP Area
933
Density / Sq Mi
$68,150
Median Household Income
$36,336
Median Earnings
$1,018
Median Rent
$221,800
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

Frequently Asked Questions

What type of property is this?
Duplex - Updated two-unit dwelling with off-street parking, outdoor space, and separate kitchens in a walkable Carlisle neighborhood.
Where is this duplex located?
The property is located at 214 N COLLEGE Street Carlisle, PA.
What is the asking price?
The asking price for this property is $314,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,287 square feet of building area; 0.14‑acre lot with a large level backyard; First‑floor unit includes three bedrooms and an eat‑in kitchen
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