Multifamily

Hanover, PA Multifamily Properties for Sale

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11 properties
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Three-Unit Colonial Triplex
Updated: Sep 1
Three-Unit Colonial Triplex

320 SPRING Avenue, Hanover, PA 17331

$237,000
1,853 sqft 0.13 AC lot
Three separate residential units, including two one‑bedroom apartments and a finished attic efficiency
Approximately 1,853 square feet of living space on a 0.1286‑acre lot
Full basement for additional storage
Detached garage plus off‑street and on‑street parking
Colonial architectural style with aluminum and vinyl siding
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Two-Unit Colonial Duplex
Updated: May 30
Two-Unit Colonial Duplex

1228 BROADWAY, Hanover, PA 17331

$269,900
2,674 sqft 0.31 AC lot
2,674 square feet on a 0.31‑acre lot
Two residential units with 1‑bedroom and 3‑bedroom layouts
Brick and concrete block construction dating to 1900
Basement storage and laundry hookups for both units
Off‑street parking
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Eight-Unit Apartment Development
Eight-Unit Apartment Development

238 Centennial Avenue, Hanover, PA 17331

$2,320,000
11,200 sqft

Construction-stage project with separately metered utilities and tenant-maintained exteriors.

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See hot listings in Hanover

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Mixed-Use Retail and Residential Property
Mixed-Use Retail and Residential Property

512 Broadway, Hanover, PA 17331

$500,000
2,568 sqft

Owner-operator friendly storefront with three two-bedroom units and eight-space parking lot.

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2-Unit Brick and Block Duplex
2-Unit Brick and Block Duplex

1228 BROADWAY, Hanover, PA 17331

$269,900
2,674 sqft

Separate apartments offer one- and three-bedroom layouts, with laundry hookups and storage in the basement.

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Triplex with Detached Garage
Triplex with Detached Garage

320 SPRING AVENUE, Hanover, PA 17331

$237,000
1,853 sqft

Three-unit property with a finished attic apartment, full basement, and separate garage for parking or storage.

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6-Unit Apartment Building
6-Unit Apartment Building

400 BALTIMORE STREET, Hanover, PA 17331

$499,900
6,678 sqft

Five apartments offer one-, two-, and three-bedroom layouts, with a separate garage included.

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Side-by-Side Duplex with Garages
Side-by-Side Duplex with Garages

532- 532 1/2 BROADWAY, Hanover, PA 17331

$275,000
2,392 sqft

Two attached residences feature three-bedroom layouts, forced-air heating, and convenient access to shopping and major routes.

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Two-Unit Duplex Property
Two-Unit Duplex Property

14 AND 14 1/2 RIDGE AVE, Hanover, PA 17331

$259,900
1,865 sqft

Two-unit residential configuration with established building character and separate living accommodations.

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Residential Income Property with Parking
Residential Income Property with Parking

624 E Middle St, Hanover, PA 17331

$275,000
1,776 sqft

Colonial-style residential income property with central heating, natural gas, and both off-street and on-street parking.

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Duplex With Detached Outbuildings
Duplex With Detached Outbuildings

544 YORK STREET, Hanover, PA 17331

$210,000

Two separately accessed units offer three bedrooms and one full bath each.

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Based on your search, we've compiled 37 Potential Opportunities for your consideration. Besides 11 Active listings in Hanover, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 22 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovated 5-Unit Apartment Building
Renovated 5-Unit Apartment Building

1099 IRISHTOWN Road, New Oxford, PA 17350

$950,000
4,050 sqft 0.50 AC lot

Five two-bedroom residences include separate electric and water/sewer meters, with four units currently occupied.

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Renovated 5-Unit Apartment Building
Renovated 5-Unit Apartment Building

1099 IRISHTOWN ROAD, New Oxford, PA 17350

$950,000
4,050 sqft

Renovated interiors and basement laundry hookups support a practical multifamily layout.

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Updated Triplex with Detached Garage
Updated Triplex with Detached Garage

106 E KING Street, Littlestown, PA 17340

$399,900
2,687 sqft 0.14 AC lot

Three-unit Victorian property with renovated interiors, off-street parking, and one vacant apartment for owner occupancy or leasing.

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3-Unit Townhome Triplex
3-Unit Townhome Triplex

49 LUMBER STREET, Littlestown, PA 17340

$389,900
3,788 sqft

All three residences are rented, with tenants responsible for their utility costs.

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Off-Market Properties in Hanover, PA

Consider similar Off-Market properties in Hanover, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

405 Carlisle St
BOARDING/ROOMING HOUSE

405 Carlisle St, Hanover, PA 17331-2167

Estimated value:
$145,000
4,920 sqft 0.34 AC lot
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620 Middle St
BOARDING/ROOMING HOUSE

620 Middle St, Hanover, PA 17331-2031

Estimated value:
$245,000
1,200 sqft 0.26 AC lot
View details
201 Frederick St
BOARDING/ROOMING HOUSE

201 Frederick St, Hanover, PA 17331-3671

Estimated value:
$295,000
4,638 sqft 0.28 AC lot
View details
146 Carlisle St
BOARDING/ROOMING HOUSE

146 Carlisle St, Hanover, PA 17331-2406

Estimated value:
$345,000
11,200 sqft 0.31 AC lot
View details
572 Broadway
BOARDING/ROOMING HOUSE

572 Broadway, Hanover, PA 17331-2075

Estimated value:
$260,000
2,100 sqft 0.14 AC lot
View details
100 3rd St
BOARDING/ROOMING HOUSE

100 3rd St, Hanover, PA 17331-2474

Estimated value:
$270,000
3,714 sqft 0.30 AC lot
View details
11 York St
HIGH-RISE APARTMENTS

11 York St, Hanover, PA 17331-3103

Estimated value:
$2,700,000
30,396 sqft 0.23 AC lot
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618 Middle St
BOARDING/ROOMING HOUSE

618 Middle St, Hanover, PA 17331-2031

Estimated value:
$270,000
1,788 sqft 0.26 AC lot
View details
948 Broadway
BOARDING/ROOMING HOUSE

948 Broadway, Hanover, PA 17331-1613

Estimated value:
$300,000
1,888 sqft 0.33 AC lot
View details
Park St
CAMPGROUND, RV PARK

Park St, Hanover, PA 17331

Estimated value:
$255,000
3.17 AC lot
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1232 Baltimore St
MOBILE HOME PARK, TRAILER PARK

1232 Baltimore St, Hanover, PA 17331-4405

Estimated value:
$255,000
420 sqft 1.16 AC lot
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10 Lafayette St
BOARDING/ROOMING HOUSE

10 Lafayette St, Hanover, PA 17331-3949

Estimated value:
$370,000
17,496 sqft 0.91 AC lot
View details
417 Baltimore St
BOARDING/ROOMING HOUSE

417 Baltimore St, Hanover, PA 17331-3312

Estimated value:
$255,000
2,379 sqft 0.16 AC lot
View details

Hanover, PA Multifamily Properties Market Trends and Statistics

Explore 33 multifamily properties for sale in Hanover, PA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 35,533 square feet of properties for sale, with an estimated market value of $5,353,600.

Sale prices for multifamily properties in Hanover, PA start at $210,000, averaging $486,690, and reaching up to $2,320,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 6
Triplexes 3
Apartment buildings 2

Demographics Overview

Population 55K
Population Growth (5Y) +7.2%
Median Household Income $76,661
College Educated 6.1%

High-Yield Neighborhoods for Investment

Identify Hanover submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
17331 $412K

Taxes & Financing

Tax Rate (average for all types) 3.07%
Property Tax per SF $45.59 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in York County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Hanover fall within the 100,000+ square foot range.

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