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    Shippensburg, PA Residential Income Properties for Sale

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    Updated Side-by-Side Duplex
    Updated: Jul 27
    Updated Side-by-Side Duplex

    611-613 WALNUT BOTTOM Road, Shippensburg, PA 17257

    $330,000
    2,382 sqft 0.53 AC lot
    Two side‑by‑side units totaling 2,382 square feet
    Each residence has 3 bedrooms and 1.5 baths
    Two separately deeded properties sold together
    0.53‑acre parcel with separate utilities
    Rear‑alley driveway, detached garage, carport, and additional parking
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    This listing looks promising.

    Here's a quick look at some key insights for

    611-613 WALNUT BOTTOM Road, SHIPPENSBURG, PA 17257

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    • Est. Cap Rate

      6.9%
      Above avg (5.9%)

    • Est. NOI

      $23K
      Annual

    • Price @ 7% Cap

      $324K
      Suggested
    View Property Analytics
    Four-Bedroom Duplex Near University
    Updated: Aug 20
    Four-Bedroom Duplex Near University

    36 N EARL Street, Shippensburg, PA 17257

    $229,900
    2,598 sqft 0.10 AC lot
    2,598 square feet on 0.1 acres
    Two apartments, each with 4 bedrooms and 1 full bath
    Unit A leased through 4/30/2027; Unit B month to month since 3/1/2021
    Rear off‑street parking for 6‑8 vehicles
    Alley access from North Earl Street and North Seneca Street
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    Duplex Property with Heated Garage
    Duplex Property with Heated Garage

    408 PENN ST S, Shippensburg, PA 17257

    $359,900
    1,968 sqft

    Detached ranch home includes upgraded interiors, basement, pool, and wraparound deck.

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    Side-by-Side Duplex with Separate Utilities
    Side-by-Side Duplex with Separate Utilities

    611-613 WALNUT BOTTOM ROAD, Shippensburg, PA 17257

    $330,000
    2,382 sqft

    Side-by-side duplex with two deeded units, each with 3 bedrooms and 1.5 baths, plus covered porches and off-street parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    7-Unit Multifamily Rental
    7-Unit Multifamily Rental

    99 Mainsville Rd, Shippensburg, PA 17257

    $530,000

    Seven-unit multifamily property for sale near town with access to I-81 via Fayette Street.

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    Student Housing Apartment Community
    Student Housing Apartment Community

    101 Brookside Avenue, Shippensburg, PA 17257

    Contact for pricing
    7.64 AC lot

    Two student housing apartment properties totaling 84 units sit on 7.64 acres near Shippensburg University.

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    Student Housing Apartment Building
    Student Housing Apartment Building

    20 Britton Rd, Shippensburg, PA 17257

    Contact for pricing

    24-unit apartment building offers all units with in-unit laundry and individual metering, plus on-site parking for about 100 vehicles.

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    Well-Maintained Duplex Rental
    Well-Maintained Duplex Rental

    1070 Seibert Ave, Shippensburg, PA 17257

    Contact for pricing

    Two-unit duplex with appliances and in-unit laundry, plus parking spaces outside each unit.

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    Over-Under Duplex with Yard
    Over-Under Duplex with Yard

    315 E King St, Shippensburg, PA 17257

    Contact for pricing

    Over-under duplex offers off-street parking and a large yard, with tenants paying utilities and two in-place leases.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Shippensburg, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 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.

    Two-Residence Multifamily Compound
    Two-Residence Multifamily Compound

    502 CELEBRATION HILL RD, Biglerville, PA 17307

    $895,000
    3,616 sqft 8.52 AC lot

    Two independent remodeled homes provide separate living spaces across a country property with substantial accessory improvements.

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    Renovated Acreage Duplex Compound
    Renovated Acreage Duplex Compound

    502 CELEBRATION HILL Road, Biglerville, PA 17307

    $885,000
    3,616 sqft 8.52 AC lot

    Two remodeled residences offer independent living arrangements, separate utilities, and substantial outbuildings on a country property.

    View details
    Mobile Home Park With Duplex Units
    Mobile Home Park With Duplex Units

    1986 PHILADELPHIA AVENUE, Chambersburg, PA 17202

    $1,399,000

    Community includes public water and sewer, Route 11 frontage, and access to Interstate 81.

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    Mixed-Use Storefront and Apartments
    Mixed-Use Storefront and Apartments

    474 Lincoln Way E, Chambersburg, PA 17202

    Contact for pricing

    Main-level storefront space combined with three rental apartments and an attached garage option.

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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.

    Residential Lot in Chambersburg
    Residential Lot in Chambersburg

    MAHANTANGO DRIVE, Chambersburg, PA 17202

    $44,000
    0.53 AC lot

    Residential lot available in Chambersburg, public water and sewer available.

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    Orrtanna, PA 4.683 Acre Lot
    Orrtanna, PA 4.683 Acre Lot

    COLD SPRINGS RD lot: #11, Orrtanna, PA 17353

    $209,500
    4.68 AC lot

    4.683 acre lot in Fairfield School District with country views.

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    Orrtanna, PA Land For Sale
    Orrtanna, PA Land For Sale

    COLD SPRINGS RD lot: #14, Orrtanna, PA 17353

    $95,900
    1.67 AC lot

    1.669 acre lot with country views in Fairfield SD.

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    Saint Thomas Building Lots Available
    Saint Thomas Building Lots Available

    MARANATHA Drive, Saint Thomas, PA 17252

    $300,000
    4.50 AC lot

    16 building lots in established neighborhood with development potential.

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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

    $235,000
    Estimated value
    272 sqft 0.18 AC lot
    View details
    35 Earl St
    GARDEN APT, COURT APT (5+ UNITS)

    35 Earl St, Shippensburg, PA 17257-1254

    $240,000
    Estimated value
    3,002 sqft 0.06 AC lot
    View details
    35 Earl St
    APARTMENT HOUSE (5+ UNITS)

    35 Earl St, Shippensburg, PA 17257-1814

    $295,000
    Estimated value
    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

    $250,000
    Estimated value
    614 sqft 0.15 AC lot
    View details
    339 Burd St
    APARTMENT HOUSE (5+ UNITS)

    339 Burd St, Shippensburg, PA 17257-1460

    $305,000
    Estimated value
    104 sqft 0.24 AC lot
    View details
    227 High St
    GARDEN APT, COURT APT (5+ UNITS)

    227 High St, Shippensburg, PA 17257-1409

    $235,000
    Estimated value
    980 sqft 0.22 AC lot
    View details
    Hershey Rd
    MOBILE HOME PARK, TRAILER PARK

    Hershey Rd, Shippensburg, PA 17257

    $110,000
    Estimated value
    15.20 AC lot
    View details
    97 Hershey Rd
    MOBILE HOME PARK, TRAILER PARK

    97 Hershey Rd, Shippensburg, PA 17257-9407

    $150,000
    Estimated value
    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

    $200,000
    Estimated value
    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

    $11,310,000
    Estimated value
    552 sqft 11.56 AC lot
    View details
    25 Washington St
    APARTMENT HOUSE (5+ UNITS)

    25 Washington St, Shippensburg, PA 17257-1438

    $195,000
    Estimated value
    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

    $235,000
    Estimated value
    1,728 sqft 0.17 AC lot
    View details

    Shippensburg, PA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Shippensburg, PA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 9,330 square feet of properties for sale, with an estimated market value of $1,779,800.

    Sale prices for residential income properties in Shippensburg, PA start at $229,900, averaging $355,960, and reaching up to $530,000 — 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

    Multifamily properties 9
    Duplexes 6
    Apartment buildings 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 $359K

    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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