Duplex with Short-Term Rental
For Sale
$430,000
328 N COLLEGE Street, Carlisle, PA 17013
MULTI_FAMILY - Other - CARLISLE, PA
Property Size2,545 SF
Lot Size0.08 Acres
Price / SF$168.96
Days on Market47
Property Features for 328 N COLLEGE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
Driveway, Off Street
Subdivision
NONE AVAILABLE
High school
CARLISLE AREA
Elementary school district
CARLISLE AREA
Middle school district
CARLISLE AREA
High school district
CARLISLE AREA
Standard status
Active
Size
2,545 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
2326
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1905
Number of units
2
Building materials
Brick, Stone
Architectural style
Other
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(717) 245-2100
Listed By:
HEATHER ANN NEIDLINGER · License #AB066821
(717) 226-2875
Added: Jun 18
Changed: Jul 27
Last Checked: Aug 3 at 9:06AM
MLS# PACB2055304
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 updated 3-bedroom, 1.5-bath property offers bright, spacious living areas and a contemporary, updated kitchen with ample cabinetry and a functional workspace. The home is currently used as an Airbnb. With approximately 2,545 square feet on a 0.08-acre lot, it presents a flexible setup for buyers looking to keep it as a single operation or divide it.
Located at 328 N College Street in Carlisle, PA (Cumberland County), the property is offered for sale at $430,000.
The current configuration supports a duplex-style sale or the option to sell separately, giving investors and owner-users straightforward paths depending on how they plan to structure the purchase.
Located at 328 N College Street in Carlisle, PA (Cumberland County), the property is offered for sale at $430,000.
The current configuration supports a duplex-style sale or the option to sell separately, giving investors and owner-users straightforward paths depending on how they plan to structure the purchase.
Key Highlights
- 1905‑built home with brick and stone construction materials
- 3‑bedroom, 1.5‑bath layout
- Central air conditioning and forced air heating
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 | $36.6k | $14.40 |
| − Vacancy | −$2.1k | −$0.81 |
| EGI | $34.6k | $13.59 |
| − OpEx | −$10.4k | −$4.08 |
| NOI | $24.2k | $9.51 |
2,545 SF · lease $14.40/SF/yr · vacancy 5.61% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$345.9K
$302.7K – $403.6K
NOI $24,214 @ 7.0% cap · market cap 5.63%
Second Best
Apartment 5plus
$307.1K
$268.7K – $358.3K
NOI $21,496 @ 7.0% cap · market cap 5.00%
Theoretical Best
Office A
$591.2K
$517.3K – $689.7K
NOI $41,383 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,285
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Updated 3-bedroom, 1.5-bath home currently operated as an Airbnb and can be sold as two separate units.
Where is this duplex located?
The property is located at 328 N COLLEGE Street Carlisle, PA.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: 1905‑built home with brick and stone construction materials; 3‑bedroom, 1.5‑bath layout; Central air conditioning and forced air heating
