New Two-Unit
For Sale
$499,900
3653-3655 KORTNI DR, Dover, PA 17315
Two residences offer three-bedroom, two-and-a-half-bath layouts.
Property Size2,524 SF
Price / SF$198.06
Days on Market50
Property Features for 3653-3655 KORTNI DR
General Information
Standard status
Active
Size
2,524 SF
Class
Class A
Property subtype
Multi-family
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Building Details
Buildings
1
Listing Agency:
Cummings & Co. Realtors
(717) 900-5990
Listed By:
Andrew Spangenberger · License #RS327813
(717) 683-0525
Source:
Imanirealtors
Added: Sep 9
Changed: Oct 26
Last Checked: Oct 26 at 3:40PM
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 Cummings & Co. Realtors
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Investment Insights
Based on property information with market context.
This newly constructed duplex contains 2,524 square feet and has never been occupied. The property includes two separate residences, each configured with three bedrooms and 2.5 baths, creating a consistent two-home layout for ownership and management.
Located at 3653-3655 Kortni Dr in Dover, PA 17315, the duplex is offered for sale and represents one of two duplexes available. The property information identifies a 7% cap rate and describes the homes as low-maintenance with straightforward management characteristics.
Located at 3653-3655 Kortni Dr in Dover, PA 17315, the duplex is offered for sale and represents one of two duplexes available. The property information identifies a 7% cap rate and describes the homes as low-maintenance with straightforward management characteristics.
Key Highlights
- 2,524‑square‑foot duplex
- Two separate residences
- Each home has 3 bedrooms and 2.5 baths
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,044
Cap Rate
5.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,880
$500.9K
Cap Rate 7%
$357,771
$357.8K
Cap Rate 9%
$278,267
$278.3K
Market Conditions
NOI Build-Up for 2,524 SF
Gross rent
$37.9K $15.00/SF
− Vacancy
−$2.1K −$0.83/SF
EGI
$35.8K $14.17/SF
− OpEx
−$10.7K −$4.25/SF
NOI
$25.0K $9.92/SF
Area
York County, PA
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$500,880
Cap Rate 7%
$357,771
Cap Rate 9%
$278,267
Alternative Uses
Best Use
Multifamily LT 5
$357.8K
$313.1K – $417.4K
NOI $25,044 @ 7.0% cap · market cap 5.01%
Second Best
Apartment 5plus
$332.3K
$290.8K – $387.7K
NOI $23,263 @ 7.0% cap · market cap 4.65%
Theoretical Best
Office A
$730.8K
$639.4K – $852.6K
NOI $51,155 @ 7.0% cap · market cap 10.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
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Business Placement
Demographics for 17315, PA
26,317
Population
11,442
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
92%
High-School Grad
58.1 sq mi
ZIP Area
453
Density / Sq Mi
$81,058
Median Household Income
$47,933
Median Earnings
$1,189
Median Rent
$222,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer three-bedroom, two-and-a-half-bath layouts.
Where is this duplex located?
The property is located at 3653-3655 KORTNI DR Dover, PA.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 2,524‑square‑foot duplex; Two separate residences; Each home has 3 bedrooms and 2.5 baths
