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    Shippensburg, PA Multifamily Properties for Sale

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    Duplex with Two 2-Bed Units
    Updated: May 29
    Duplex with Two 2-Bed Units

    3666-3670 ORRSTOWN Road, Shippensburg, PA 17257

    $260,000
    2,600 sqft 0.10 AC lot
    Two‑unit property in the historic village of Orrstown, minutes from downtown Shippensburg.
    Unit mix includes 2BR/1BA and 2BR/1.5BA layouts.
    Flexible space in both units offers potential for a 3rd bedroom.
    Off‑street parking available.
    Built in 1900 with vinyl siding.
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    This listing looks promising.

    Here's a quick look at some key insights for

    3666-3670 ORRSTOWN Road, SHIPPENSBURG, PA 17257

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    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $22K
      Annual

    • Price @ 7% Cap

      $314K
      Above asking
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    Side-by-Side Duplex with Updates
    Updated: Jul 11
    Side-by-Side Duplex with Updates

    112-114 QUEEN STREET S, Shippensburg, PA 17257

    $229,900
    2,688 sqft
    Side‑by‑side duplex in Shippensburg, PA with two 3‑bedroom units, each with 1.5 baths
    New roof (2009) and replacement spouting (2014)
    Replacement windows and doors (2013)
    HVAC ducts added to the upstairs and overhead electric service upgrade (2014)
    Each side provides a self‑contained unit layout for owner‑occupant and rental use
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    Shippensburg Detached Duplex Opportunity
    Shippensburg Detached Duplex Opportunity

    36 Middle Spring Avenue, Shippensburg, PA 17257

    $210,000
    2,034 sqft

    Detached duplex in Shippensburg, PA, perfect for rental income.

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    Historic Farmhouse Duplex
    Historic Farmhouse Duplex

    8029 Molly Pitcher Highway, Shippensburg, PA 17257

    $375,000
    2,418 sqft 0.73 AC lot

    Two residences on one lot, including an attached two-story rental with separate 1-bedroom living space.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Shippensburg, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Renovated Triplex with Parking
    Renovated Triplex with Parking

    250 E MAIN STREET, Waynesboro, PA 17268

    $310,000
    2,268 sqft 0.25 AC lot

    Triplex with long-term tenants, newly renovated upstairs unit, and multiple exterior living spaces.

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    Renovated Victorian Duplex with Basement
    Renovated Victorian Duplex with Basement

    537 East King Street, Chambersburg, PA 17201

    $450,000
    5,400 sqft 0.28 AC lot

    Renovated in 2025 Victorian twin home in duplex configuration with partially finished, heated basement and 11-foot ceilings.

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    Duplex with Detached Garage
    Duplex with Detached Garage

    446 E QUEEN Street, Chambersburg, PA 17201

    $239,900
    1,856 sqft 0.28 AC lot

    Two separate units with off-street parking, a spacious rear yard, and a detached garage/shop.

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    Mobile Home Park with 7 Sites
    Mobile Home Park with 7 Sites

    14778 Ridge, Waynesboro, PA 17268

    Contact for pricing
    3.00 AC lot

    Mobile home park includes seven sites with electric service and city sewer, plus a well on site.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land with Existing Septic and Well
    Land with Existing Septic and Well

    18531 Blackberry dr, Three Springs, PA 17264

    $38,900
    1.78 AC lot

    Nearly two acres in Three Springs with an in-place septic and well, plus an opportunity to fix or replace the existing mobile home.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Land Ready for Development
    Land Ready for Development

    1 Smithfield Dr, Smithfield, PA 15478

    $275,000
    8.00 AC lot

    8-acre land parcel zoned for mobile home park.

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    Off-Market Properties in Shippensburg, PA

    Consider similar Off-Market properties in Shippensburg, 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.

    257 Walnut St
    GARDEN APT, COURT APT (5+ UNITS)

    257 Walnut St, Shippensburg, PA 17257-2019

    Value Estimation by Request
    272 sqft 0.18 AC lot
    View details
    35 Earl St
    GARDEN APT, COURT APT (5+ UNITS)

    35 Earl St, Shippensburg, PA 17257-1254

    Value Estimation by Request
    3,002 sqft 0.06 AC lot
    View details
    35 Earl St
    APARTMENT HOUSE (5+ UNITS)

    35 Earl St, Shippensburg, PA 17257-1814

    Value Estimation by Request
    2,000 sqft 0.21 AC lot
    View details
    32 Earl St
    GARDEN APT, COURT APT (5+ UNITS)

    32 Earl St, Shippensburg, PA 17257-1204

    Value Estimation by Request
    614 sqft 0.15 AC lot
    View details
    339 Burd St
    APARTMENT HOUSE (5+ UNITS)

    339 Burd St, Shippensburg, PA 17257-1460

    Value Estimation by Request
    104 sqft 0.24 AC lot
    View details
    227 High St
    GARDEN APT, COURT APT (5+ UNITS)

    227 High St, Shippensburg, PA 17257-1409

    Value Estimation by Request
    980 sqft 0.22 AC lot
    View details
    Hershey Rd
    MOBILE HOME PARK, TRAILER PARK

    Hershey Rd, Shippensburg, PA 17257

    Value Estimation by Request
    15.20 AC lot
    View details
    97 Hershey Rd
    MOBILE HOME PARK, TRAILER PARK

    97 Hershey Rd, Shippensburg, PA 17257-9407

    Value Estimation by Request
    752 sqft 1.10 AC lot
    View details
    Hot Pt Ave
    MOBILE HOME PARK, TRAILER PARK

    Hot Pt Ave, Shippensburg, PA 17257

    $2,350,000
    Estimated value
    3.88 AC lot
    View details
    100 Orange St
    APARTMENT HOUSE (5+ UNITS)

    100 Orange St, Shippensburg, PA 17257-1940

    $900,000
    Estimated value
    0.56 AC lot
    View details
    211 Queen St
    APARTMENT HOUSE (5+ UNITS)

    211 Queen St, Shippensburg, PA 17257-1453

    $550,000
    Estimated value
    10,162 sqft 0.53 AC lot
    View details
    114 Penn St
    APARTMENT HOUSE (5+ UNITS)

    114 Penn St, Shippensburg, PA 17257-1333

    Value Estimation by Request
    2,658 sqft 0.17 AC lot
    View details
    2 Morningstar Ln
    GARDEN APT, COURT APT (5+ UNITS)

    2 Morningstar Ln, Shippensburg, PA 17257-8873

    Value Estimation by Request
    552 sqft 11.56 AC lot
    View details
    25 Washington St
    APARTMENT HOUSE (5+ UNITS)

    25 Washington St, Shippensburg, PA 17257-1438

    Value Estimation by Request
    3,859 sqft 0.29 AC lot
    View details
    211 12th High St
    APARTMENT HOUSE (5+ UNITS)

    211 12th High St, Shippensburg, PA 17257-1464

    Value Estimation by Request
    1,728 sqft 0.17 AC lot
    View details
    45 Earl St
    GARDEN APT, COURT APT (5+ UNITS)

    45 Earl St, Shippensburg, PA 17257-1825

    Value Estimation by Request
    3,000 sqft 0.07 AC lot
    View details
    239 King St
    GARDEN APT, COURT APT (5+ UNITS)

    239 King St, Shippensburg, PA 17257-1125

    Value Estimation by Request
    1,272 sqft 0.16 AC lot
    View details
    14 Kenneth Ave
    GARDEN APT, COURT APT (5+ UNITS)

    14 Kenneth Ave, Shippensburg, PA 17257-7712

    Value Estimation by Request
    4.67 AC lot
    View details
    101 Brookside Ave
    GARDEN APT, COURT APT (5+ UNITS)

    101 Brookside Ave, Shippensburg, PA 17257-7620

    Value Estimation by Request
    2.97 AC lot
    View details
    20 Penn St
    APARTMENT HOUSE (5+ UNITS)

    20 Penn St, Shippensburg, PA 17257-1914

    Value Estimation by Request
    1,004 sqft 0.11 AC lot
    View details

    Shippensburg, PA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Shippensburg, PA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 9,740 square feet of properties for sale, with an estimated market value of $1,074,900.

    Sale prices for multifamily properties in Shippensburg, PA start at $210,000, averaging $268,725, and reaching up to $375,000 — 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 3

    Demographics Overview

    Population 29K
    Population Growth (5Y) -0.4%
    Median Household Income $71,504
    College Educated 33.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    17257 $280K

    Taxes & Financing

    Tax Rate (average for all types) 2.81%
    Property Tax per SF $34.11 per SF
    Tax Rate vs County Average 0.89 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cumberland County

    New Delisted

    Total CRE Inventory on Market (SF)

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