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Colonial Multifamily Property
For Sale
$217,900

311 W JACKSON STREET, York, PA 17401

The residence has electric baseboard heat, an electric range, an oven, and a refrigerator.

Property Size2,852 SF
Price / SF$101.25
Days on Market9

Property Features for 311 W JACKSON STREET

General Information

Standard status Active
Size 2,852 SF
Property subtype Residential Income
Zoning RESIDENTIAL

Taxes and HOA fees

Annual Taxes $4,064

Amenities

Electric, Baseboard
Electric Range, Electric Oven, Electric Water Heater, Refrigerator, Water Heater
Off Street, On Street
Colonial

Building Details

Building Size 2,852 SF
Year Built 1900
Listing Agency: Keller Williams Keystone Realty
Listed By: Jason L Phillips · License #RS327985
Source: Evrealestate
Added: Sep 28 Changed: Oct 1 Last Checked: Oct 5 at 5:42PM

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 Keller Williams Keystone Realty

Investment Insights

Based on property information with market context.

Built in 1900, this residential multifamily property has a Colonial exterior and 2,152 square feet of property area. Interior features include electric baseboard heat, an electric range, an electric oven, an electric water heater, and a refrigerator.

The property is zoned residential and offers both off-street and on-street parking. It is located at 311 W Jackson Street in York, Pennsylvania.

Key Highlights

  • 2,152 square feet of property area
  • Built in 1900 with a Colonial exterior
  • Electric baseboard heat and electric kitchen appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,835
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,700 $396.7K
Cap Rate 7%
$283,357 $283.4K
Cap Rate 9%
$220,389 $220.4K
Market Conditions
NOI Build-Up for 2,152 SF
Gross rent
$38.0K $17.64/SF
− Vacancy
−$1.9K −$0.88/SF
EGI
$36.1K $16.76/SF
− OpEx
−$16.2K −$7.54/SF
NOI
$19.8K $9.22/SF
Area
York County, PA
Vacancy
5.00%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$396,700
Cap Rate 7%
$283,357
Cap Rate 9%
$220,389

Alternative Uses

Best Use
Apartment 5plus
$283.4K
$247.9K – $330.6K (±1% cap)
NOI $19,835 @ 7.0% cap · market cap 9.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$623.1K
$545.2K – $726.9K (±1% cap)
NOI $43,616 @ 7.0% cap · market cap 20.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Locksmith Carpet & Flooring Store Pet Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,230
Businesses Nearby

Demographics for 17401, PA

18,771
Population
8,202
Households
2.3
Avg Household Size
32
Median Age
16%
College-Educated
80%
High-School Grad
1.5 sq mi
ZIP Area
12,514
Density / Sq Mi
$41,569
Median Household Income
$30,329
Median Earnings
$940
Median Rent
$84,500
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - The residence has electric baseboard heat, an electric range, an oven, and a refrigerator.
Where is this multifamily property located?
The property is located at 311 W JACKSON STREET York, PA.
What is the asking price?
The asking price for this property is $217,900.
What are key features of this property?
This property features: 2,152 square feet of property area; Built in 1900 with a Colonial exterior; Electric baseboard heat and electric kitchen appliances
More about this property
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