Two-Unit Duplex with Bonus
For Sale
$344,900
Pending
442 S MAIN STREET, Manheim, PA 17545
Two residential units offer two-bedroom layouts, with one including a private bonus room and dedicated off-street parking.
Property Size1,664 SF
Days on Market57
Property Features for 442 S MAIN STREET
General Information
Standard status
Pending
Size
1,664 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Amenities
yard
Building Details
Year Built
1900
Listing Agency:
Linderman Snavely Realtors LLC
(717) 665-0407
Listed By:
Justin R Linderman · License #RS322608
(717) 669-3851
Source:
Cummingsrealtors
Added: Aug 21
Changed: Oct 15
Last Checked: Oct 16 at 9:41AM
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 Linderman Snavely Realtors LLC
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.
Located at 442 S Main Street in Manheim, Pennsylvania, this duplex contains two residential units within 1664 square feet. Each unit is arranged with two bedrooms, one bathroom, a living room, and a kitchen. One unit also includes a private bonus room that can serve as additional interior space for an office, gym, or other household use.
The property includes a large yard and dedicated off-street parking. Built in 1900, the duplex offers a two-unit configuration with separate living areas and outdoor space for occupants. One unit is currently rented, while the second unit’s layout includes the added bonus room.
The property includes a large yard and dedicated off-street parking. Built in 1900, the duplex offers a two-unit configuration with separate living areas and outdoor space for occupants. One unit is currently rented, while the second unit’s layout includes the added bonus room.
Key Highlights
- Two‑unit duplex at 442 S Main Street, Manheim, PA 17545
- 1664 square feet with two residential units
- Each unit includes 2 bedrooms, 1 bathroom, living room, and kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,587
Cap Rate
5.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,740
$371.7K
Cap Rate 7%
$265,529
$265.5K
Cap Rate 9%
$206,522
$206.5K
Market Conditions
NOI Build-Up for 1,664 SF
Gross rent
$27.0K $16.20/SF
− Vacancy
−$404 −$0.24/SF
EGI
$26.6K $15.96/SF
− OpEx
−$8.0K −$4.79/SF
NOI
$18.6K $11.17/SF
Area
Lancaster County, PA
Vacancy
1.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,740
Cap Rate 7%
$265,529
Cap Rate 9%
$206,522
Alternative Uses
Best Use
Multifamily LT 5
$265.5K
$232.3K – $309.8K
NOI $18,587 @ 7.0% cap · market cap 5.39%
Second Best
Apartment 5plus
$234.2K
$204.9K – $273.2K
NOI $16,391 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$557.6K
$487.9K – $650.6K
NOI $39,033 @ 7.0% cap · market cap 11.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
Explore this area
Business Placement
Demographics for 17545, PA
22,718
Population
9,382
Households
2.4
Avg Household Size
42
Median Age
30%
College-Educated
90%
High-School Grad
69.8 sq mi
ZIP Area
325
Density / Sq Mi
$87,589
Median Household Income
$47,755
Median Earnings
$1,325
Median Rent
$271,600
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
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer two-bedroom layouts, with one including a private bonus room and dedicated off-street parking.
Where is this duplex located?
The property is located at 442 S MAIN STREET Manheim, PA.
What is the asking price?
The asking price for this property is $344,900.
What are key features of this property?
This property features: Two‑unit duplex at 442 S Main Street, Manheim, PA 17545; 1664 square feet with two residential units; Each unit includes 2 bedrooms, 1 bathroom, living room, and kitchen
