Duplex with Separate
For Sale
$299,900
413/413.5 YORK Street, Hanover, PA 17331
Multi-Family, HANOVER, PA
Property Size2,278 SF
Lot Size0.16 Acres
Price / SF$131.65
Days on Market9
Property Features for 413/413.5 YORK Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
10
Parking features
Off Street
Subdivision
HANOVER
Elementary school district
HANOVER PUBLIC
Middle school district
HANOVER PUBLIC
High school district
HANOVER PUBLIC
Standard status
Active
Size
2,278 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Annual Amount
3927
Utilities
Heating system
Other (Heating)
Cooling system
Multi Units
Building Details
Year built
1910
Number of units
2
Building materials
Brick
Architectural style
Colonial
Listing Agency:
Inch & Co. Real Estate, LLC
(717) 904-4500
Listed By:
Harry W Naill · License #AB060636L
(717) 577-7684
Added: Sep 28
Last Checked: Oct 6 at 11:06AM
MLS# PAYK2112664
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 brick duplex at 413/413.5 York Street contains 2,278 square feet across two residences, each with its own basement. Improvements include new kitchens, furnaces and hot water heaters, along with replacement windows and a roof installed in 2026. The exterior has also been repainted. The property was built in 1910 and sits on a 0.1584-acre lot.
A fenced yard, shared shed and rear parking area accommodating 10 cars are among the site features. Utilities are separately metered or serviced for each side. The two residences can support separate occupancy, with a basement dedicated to each unit.
A fenced yard, shared shed and rear parking area accommodating 10 cars are among the site features. Utilities are separately metered or serviced for each side. The two residences can support separate occupancy, with a basement dedicated to each unit.
Key Highlights
- Two‑unit duplex with a basement for each residence
- 2,278 square feet on a 0.1584‑acre lot
- Roof installed in 2026; updated kitchens, furnaces, hot water heaters and replacement windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,603
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,060
$452.1K
Cap Rate 7%
$322,900
$322.9K
Cap Rate 9%
$251,144
$251.1K
Market Conditions
NOI Build-Up for 2,278 SF
Gross rent
$34.2K $15.00/SF
− Vacancy
−$1.9K −$0.83/SF
EGI
$32.3K $14.17/SF
− OpEx
−$9.7K −$4.25/SF
NOI
$22.6K $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%
$452,060
Cap Rate 7%
$322,900
Cap Rate 9%
$251,144
Alternative Uses
Best Use
Multifamily LT 5
$322.9K
$282.5K – $376.7K
NOI $22,603 @ 7.0% cap · market cap 7.54%
Second Best
Apartment 5plus
$299.9K
$262.5K – $349.9K
NOI $20,996 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$659.6K
$577.1K – $769.5K
NOI $46,169 @ 7.0% cap · market cap 15.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,215
Businesses Nearby
Explore this area
Business Placement
Demographics for 17331, PA
55,458
Population
23,528
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
90%
High-School Grad
74.4 sq mi
ZIP Area
745
Density / Sq Mi
$76,661
Median Household Income
$45,168
Median Earnings
$1,127
Median Rent
$228,700
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
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Frequently Asked Questions
What type of property is this?
Duplex - Updated kitchens, separate utility systems, and off-street parking serve the two-unit residential property.
Where is this duplex located?
The property is located at 413/413.5 YORK Street Hanover, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two‑unit duplex with a basement for each residence; 2,278 square feet on a 0.1584‑acre lot; Roof installed in 2026; updated kitchens, furnaces, hot water heaters and replacement windows
