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18 N Washington St Triplex
C+ Composite 61.28
Why this score? — see what drove the C+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +22.9/30.0
  • ARV discount +11.4/15.0
  • DSCR +7.3/10.0
  • 1% rule +6.0/10.0
  • Schools +4.6/10.0
  • Livability +4.4/5.0
  • Rent growth +2.5/5.0
  • Condition / age +2.2/5.0
  • Appreciation +0.0/10.0

$318,999

18 N Washington St · Gettysburg, PA 17325
9 bd · None ba · 2,497 sqft · MultiFamily · 354 Days on market
Built 1900 Fair condition 1,307 sqft lot $128/sqft · 9% below area Est $349k · 9% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 3 units. confirmed

Listing remarks MLS

Photos just uploaded! Fully occupied, cash flowing 3 unit mixed use property (one of the only turn key rentals available for sale! Near Gettysburg College, lots of dining, shopping, tourism, and self storage centers (a tenant's dream!). Still close enough to commute to Hanover PA/ Carroll County MD (for tenant's employment etc). A fully leased 3-unit (mixed use) rental property in the heart of Downtown Gettysburg. Between the Town Square and Gettysburg College, with NO lawn to maintain, and upgrades throughout all units (especially as one tenant is Voucher, and this unit is maintained in compliance w/ the program). No leases have gone into Month to Month (all are currently within 1-3 year terms remaining). Notice: This building does not own its own parking lot; tenants and customers of the 1 commercial unit all currently parallel park or park in/near the Gettysburg Town Square. Parking option (lease); 1 tenant currently leases a spot from the adjoining Bank parking lot. This provides landlord with less snow removal/towing cost, or liability concerns (benefit to less land to maintain as an investment). 1st floor rent roll: (1 commercial unit)/ window front; Hair salon $500/mo, 1 bedroom/1bath Apt. currently at $1,025/mo, 2nd floor Apt. : (2 bedroom/1 bathroom) $1,050/mo. Tenants responsible for water/sewer, trash, electric, gas.

Key facts

  • Window front
  • No lawn to maintain
  • Commercial unit

Tags

NEAR GETTYSBURG COLLEGEHEART OF DOWNTOWN GETTYSBURGNO LAWN TO MAINTAINUPGRADES THROUGHOUT ALL UNITSCOMMERCIAL UNITWINDOW FRONT

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
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What this means for you Summary

Snapshot

  • This is a 3 × 1-bed/1-bath units multifamily listed at $319k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $560 ($7k/yr) — positive. Per door: $187/mo.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($3k rent vs $319k).
  • Recommended offer: $281k (12.0% below list) — sets the bar for market timing.
  • Cap rate 8.4% vs local median 2.1% in Gettysburg — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 87/100 on livability (#45 in PA, #253 nationally) — a professional / high-income tenant draw. Strengths: crime A+, amenities A+, commute A+; Watch: housing C-, employment D.
  • Gettysburg Area SD (rural): math 46% / reading 60% proficiency, ranked #132 of 539 in PA (top 24%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
  • Market conditions: 313 active listings in the ZIP; solid renter incomes; 403 units permitted in Adams County in 2024 (0 in 5+ unit buildings).
  • At $3,499/mo this rent would consume 52% of the median local household income ($81k/yr) (locally 447% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $10k of value loss. Plan a longer hold.
  • Adams County population projected at -10% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

  • It's been on market 354 days — a 12% lower offer ($281k) is reasonable based on typical stale-listing flexibility.
  • 8 sale attempts since 5y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $273k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
Recommended offer $280,719 (12.0% below list)

Questions for the listing agent

  1. It's been on market 354 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
  3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
  4. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  5. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.10%
Cap rate
8.40%
Cash-on-cash
7.52%
DSCR
1.33
GRM
7.6

CMA / ARV

ARV (median comp)
$349,067
List price
$318,999
Delta
-8.61%
Verdict
FAIR
Comps
20 within 1.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
-4.8%
Equity multiple
0.82×
Total profit
$-15,992
Equity at exit
$47,564
10-year hold
IRR
4.9%
Equity multiple
1.36×
Total profit
$32,189
Equity at exit
$27,581

Cash invested: $89,320 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
62 Landlord-Friendly
State Pennsylvania
62 Landlord-Friendly · EVEN
County
— inherits STATE
City
— inherits STATE
10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

ZIP-level market 17325

Home prices YoY
-22.4%
Active inventory
313
Price-to-rent
22.8×

Monthly cashflow live

Estimated rent
$3,499 medium interval (Pro) →
Mortgage (P&I)
$1,673
Tax est. 1.5%
$399 /mo · $4,785/yr
Insurance
$133
HOA
$0
Vacancy / Maint / Mgmt
$735
Net cashflow
$560

Break-even live

Break-even rent $2,791
Max offer price $318,999
Occupancy floor 79%

3-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (3 units) $3,499

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$79,750
Closing costs
$9,570
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 41 events

  1. 2026-06-19
    days on market $318,999 Active 354 DOM
  2. 2026-06-18
    days on market $318,999 Active 353 DOM
  3. 2026-06-17
    days on market $318,999 Active 352 DOM
  4. 2026-06-16
    days on market $318,999 Active 351 DOM
  5. 2026-06-16
    days on market $318,999 Active 350 DOM
  6. 2026-06-14
    days on market $318,999 Active 348 DOM
  7. 2026-06-12
    days on market $318,999 Active 347 DOM
  8. 2026-06-09
    days on market $318,999 Active 344 DOM
  9. 2026-06-08
    days on market $318,999 Active 343 DOM
  10. 2026-06-07
    days on market $318,999 Active 342 DOM
  11. 2026-06-05
    days on market $318,999 Active 339 DOM
  12. 2026-06-02
    days on market $318,999 Active 337 DOM
  13. 2026-06-01
    days on market $318,999 Active 336 DOM
  14. 2026-05-31
    days on market $318,999 Active 335 DOM
  15. 2026-05-30
    days on market $318,999 Active 334 DOM
  16. 2026-04-23
    price $318,999 1349-char remark
    Show marketing remark (1349 chars)

    Photos just uploaded! Fully occupied, cash flowing 3 unit mixed use property (one of the only turn key rentals available for sale! Near Gettysburg College, lots of dining, shopping, tourism, and self storage centers (a tenant's dream!). Still close enough to commute to Hanover PA/ Carroll County MD (for tenant's employment etc). A fully leased 3-unit (mixed use) rental property in the heart of Downtown Gettysburg. Between the Town Square and Gettysburg College, with NO lawn to maintain, and upgrades throughout all units (especially as one tenant is Voucher, and this unit is maintained in compliance w/ the program). No leases have gone into Month to Month (all are currently within 1-3 year terms remaining). Notice: This building does not own its own parking lot; tenants and customers of the 1 commercial unit all currently parallel park or park in/near the Gettysburg Town Square. Parking option (lease); 1 tenant currently leases a spot from the adjoining Bank parking lot. This provides landlord with less snow removal/towing cost, or liability concerns (benefit to less land to maintain as an investment). 1st floor rent roll: (1 commercial unit)/ window front; Hair salon $500/mo, 1 bedroom/1bath Apt. currently at $1,025/mo, 2nd floor Apt. : (2 bedroom/1 bathroom) $1,050/mo. Tenants responsible for water/sewer, trash, electric, gas.

  17. 2026-03-29
    price $319,000 1349-char remark
    Show marketing remark (1349 chars)

    Photos just uploaded! Fully occupied, cash flowing 3 unit mixed use property (one of the only turn key rentals available for sale! Near Gettysburg College, lots of dining, shopping, tourism, and self storage centers (a tenant's dream!). Still close enough to commute to Hanover PA/ Carroll County MD (for tenant's employment etc). A fully leased 3-unit (mixed use) rental property in the heart of Downtown Gettysburg. Between the Town Square and Gettysburg College, with NO lawn to maintain, and upgrades throughout all units (especially as one tenant is Voucher, and this unit is maintained in compliance w/ the program). No leases have gone into Month to Month (all are currently within 1-3 year terms remaining). Notice: This building does not own its own parking lot; tenants and customers of the 1 commercial unit all currently parallel park or park in/near the Gettysburg Town Square. Parking option (lease); 1 tenant currently leases a spot from the adjoining Bank parking lot. This provides landlord with less snow removal/towing cost, or liability concerns (benefit to less land to maintain as an investment). 1st floor rent roll: (1 commercial unit)/ window front; Hair salon $500/mo, 1 bedroom/1bath Apt. currently at $1,025/mo, 2nd floor Apt. : (2 bedroom/1 bathroom) $1,050/mo. Tenants responsible for water/sewer, trash, electric, gas.

  18. 2026-03-11
    price $319,100 1349-char remark
    Show marketing remark (1349 chars)

    Photos just uploaded! Fully occupied, cash flowing 3 unit mixed use property (one of the only turn key rentals available for sale! Near Gettysburg College, lots of dining, shopping, tourism, and self storage centers (a tenant's dream!). Still close enough to commute to Hanover PA/ Carroll County MD (for tenant's employment etc). A fully leased 3-unit (mixed use) rental property in the heart of Downtown Gettysburg. Between the Town Square and Gettysburg College, with NO lawn to maintain, and upgrades throughout all units (especially as one tenant is Voucher, and this unit is maintained in compliance w/ the program). No leases have gone into Month to Month (all are currently within 1-3 year terms remaining). Notice: This building does not own its own parking lot; tenants and customers of the 1 commercial unit all currently parallel park or park in/near the Gettysburg Town Square. Parking option (lease); 1 tenant currently leases a spot from the adjoining Bank parking lot. This provides landlord with less snow removal/towing cost, or liability concerns (benefit to less land to maintain as an investment). 1st floor rent roll: (1 commercial unit)/ window front; Hair salon $500/mo, 1 bedroom/1bath Apt. currently at $1,025/mo, 2nd floor Apt. : (2 bedroom/1 bathroom) $1,050/mo. Tenants responsible for water/sewer, trash, electric, gas.

  19. 2026-01-21
    price $319,200 1349-char remark
    Show marketing remark (1349 chars)

    Photos just uploaded! Fully occupied, cash flowing 3 unit mixed use property (one of the only turn key rentals available for sale! Near Gettysburg College, lots of dining, shopping, tourism, and self storage centers (a tenant's dream!). Still close enough to commute to Hanover PA/ Carroll County MD (for tenant's employment etc). A fully leased 3-unit (mixed use) rental property in the heart of Downtown Gettysburg. Between the Town Square and Gettysburg College, with NO lawn to maintain, and upgrades throughout all units (especially as one tenant is Voucher, and this unit is maintained in compliance w/ the program). No leases have gone into Month to Month (all are currently within 1-3 year terms remaining). Notice: This building does not own its own parking lot; tenants and customers of the 1 commercial unit all currently parallel park or park in/near the Gettysburg Town Square. Parking option (lease); 1 tenant currently leases a spot from the adjoining Bank parking lot. This provides landlord with less snow removal/towing cost, or liability concerns (benefit to less land to maintain as an investment). 1st floor rent roll: (1 commercial unit)/ window front; Hair salon $500/mo, 1 bedroom/1bath Apt. currently at $1,025/mo, 2nd floor Apt. : (2 bedroom/1 bathroom) $1,050/mo. Tenants responsible for water/sewer, trash, electric, gas.

  20. 2025-12-17
    price $319,500 1349-char remark
    Show marketing remark (1349 chars)

    Photos just uploaded! Fully occupied, cash flowing 3 unit mixed use property (one of the only turn key rentals available for sale! Near Gettysburg College, lots of dining, shopping, tourism, and self storage centers (a tenant's dream!). Still close enough to commute to Hanover PA/ Carroll County MD (for tenant's employment etc). A fully leased 3-unit (mixed use) rental property in the heart of Downtown Gettysburg. Between the Town Square and Gettysburg College, with NO lawn to maintain, and upgrades throughout all units (especially as one tenant is Voucher, and this unit is maintained in compliance w/ the program). No leases have gone into Month to Month (all are currently within 1-3 year terms remaining). Notice: This building does not own its own parking lot; tenants and customers of the 1 commercial unit all currently parallel park or park in/near the Gettysburg Town Square. Parking option (lease); 1 tenant currently leases a spot from the adjoining Bank parking lot. This provides landlord with less snow removal/towing cost, or liability concerns (benefit to less land to maintain as an investment). 1st floor rent roll: (1 commercial unit)/ window front; Hair salon $500/mo, 1 bedroom/1bath Apt. currently at $1,025/mo, 2nd floor Apt. : (2 bedroom/1 bathroom) $1,050/mo. Tenants responsible for water/sewer, trash, electric, gas.

  21. 2025-09-09
    price $319,000 1349-char remark
    Show marketing remark (1349 chars)

    Photos just uploaded! Fully occupied, cash flowing 3 unit mixed use property (one of the only turn key rentals available for sale! Near Gettysburg College, lots of dining, shopping, tourism, and self storage centers (a tenant's dream!). Still close enough to commute to Hanover PA/ Carroll County MD (for tenant's employment etc). A fully leased 3-unit (mixed use) rental property in the heart of Downtown Gettysburg. Between the Town Square and Gettysburg College, with NO lawn to maintain, and upgrades throughout all units (especially as one tenant is Voucher, and this unit is maintained in compliance w/ the program). No leases have gone into Month to Month (all are currently within 1-3 year terms remaining). Notice: This building does not own its own parking lot; tenants and customers of the 1 commercial unit all currently parallel park or park in/near the Gettysburg Town Square. Parking option (lease); 1 tenant currently leases a spot from the adjoining Bank parking lot. This provides landlord with less snow removal/towing cost, or liability concerns (benefit to less land to maintain as an investment). 1st floor rent roll: (1 commercial unit)/ window front; Hair salon $500/mo, 1 bedroom/1bath Apt. currently at $1,025/mo, 2nd floor Apt. : (2 bedroom/1 bathroom) $1,050/mo. Tenants responsible for water/sewer, trash, electric, gas.

  22. 2025-07-14
    price $319,001 1349-char remark
    Show marketing remark (1349 chars)

    Photos just uploaded! Fully occupied, cash flowing 3 unit mixed use property (one of the only turn key rentals available for sale! Near Gettysburg College, lots of dining, shopping, tourism, and self storage centers (a tenant's dream!). Still close enough to commute to Hanover PA/ Carroll County MD (for tenant's employment etc). A fully leased 3-unit (mixed use) rental property in the heart of Downtown Gettysburg. Between the Town Square and Gettysburg College, with NO lawn to maintain, and upgrades throughout all units (especially as one tenant is Voucher, and this unit is maintained in compliance w/ the program). No leases have gone into Month to Month (all are currently within 1-3 year terms remaining). Notice: This building does not own its own parking lot; tenants and customers of the 1 commercial unit all currently parallel park or park in/near the Gettysburg Town Square. Parking option (lease); 1 tenant currently leases a spot from the adjoining Bank parking lot. This provides landlord with less snow removal/towing cost, or liability concerns (benefit to less land to maintain as an investment). 1st floor rent roll: (1 commercial unit)/ window front; Hair salon $500/mo, 1 bedroom/1bath Apt. currently at $1,025/mo, 2nd floor Apt. : (2 bedroom/1 bathroom) $1,050/mo. Tenants responsible for water/sewer, trash, electric, gas.

  23. 2025-06-30
    listed $319,000 Active 1349-char remark
    Show marketing remark (1349 chars)

    Photos just uploaded! Fully occupied, cash flowing 3 unit mixed use property (one of the only turn key rentals available for sale! Near Gettysburg College, lots of dining, shopping, tourism, and self storage centers (a tenant's dream!). Still close enough to commute to Hanover PA/ Carroll County MD (for tenant's employment etc). A fully leased 3-unit (mixed use) rental property in the heart of Downtown Gettysburg. Between the Town Square and Gettysburg College, with NO lawn to maintain, and upgrades throughout all units (especially as one tenant is Voucher, and this unit is maintained in compliance w/ the program). No leases have gone into Month to Month (all are currently within 1-3 year terms remaining). Notice: This building does not own its own parking lot; tenants and customers of the 1 commercial unit all currently parallel park or park in/near the Gettysburg Town Square. Parking option (lease); 1 tenant currently leases a spot from the adjoining Bank parking lot. This provides landlord with less snow removal/towing cost, or liability concerns (benefit to less land to maintain as an investment). 1st floor rent roll: (1 commercial unit)/ window front; Hair salon $500/mo, 1 bedroom/1bath Apt. currently at $1,025/mo, 2nd floor Apt. : (2 bedroom/1 bathroom) $1,050/mo. Tenants responsible for water/sewer, trash, electric, gas.

  24. 2025-01-07
    soldstatus $273,000 Closed 850-char remark
    Show marketing remark (850 chars)

    Nice 3 Unit Apartment Building in Downtown Gettysburg. Great location-walking distance to the square, stores, shopping and Gettysburg College. All 3 units are in very good condition, currently rented, and providing good income. Store/Retail in front of the building has a hair salon on a 3-Yr Lease at $500/Mo and tenant is responsible for gas, electric and 1/2 water/sewer; landlord responsible for 1/2 water/sewer and trash removal. The 1BR apartment on the main level, with a 1-Yr lease, is currently rented at $1,025/Month and tenant is responsible for gas and electric; landlord responsible for water/sewer and trash removal. The large 2BR apartment, which is the entire 2nd floor of the building, has a 1-Yr lease and is rented at $1,050/Mo and tenant is responsible for gas and electric; landlord responsible for water/sewer and trash removal.

  25. 2024-12-06
    status Pending 850-char remark
    Show marketing remark (850 chars)

    Nice 3 Unit Apartment Building in Downtown Gettysburg. Great location-walking distance to the square, stores, shopping and Gettysburg College. All 3 units are in very good condition, currently rented, and providing good income. Store/Retail in front of the building has a hair salon on a 3-Yr Lease at $500/Mo and tenant is responsible for gas, electric and 1/2 water/sewer; landlord responsible for 1/2 water/sewer and trash removal. The 1BR apartment on the main level, with a 1-Yr lease, is currently rented at $1,025/Month and tenant is responsible for gas and electric; landlord responsible for water/sewer and trash removal. The large 2BR apartment, which is the entire 2nd floor of the building, has a 1-Yr lease and is rented at $1,050/Mo and tenant is responsible for gas and electric; landlord responsible for water/sewer and trash removal.

  26. 2024-12-05
    historical 850-char remark
    Show marketing remark (850 chars)

    Nice 3 Unit Apartment Building in Downtown Gettysburg. Great location-walking distance to the square, stores, shopping and Gettysburg College. All 3 units are in very good condition, currently rented, and providing good income. Store/Retail in front of the building has a hair salon on a 3-Yr Lease at $500/Mo and tenant is responsible for gas, electric and 1/2 water/sewer; landlord responsible for 1/2 water/sewer and trash removal. The 1BR apartment on the main level, with a 1-Yr lease, is currently rented at $1,025/Month and tenant is responsible for gas and electric; landlord responsible for water/sewer and trash removal. The large 2BR apartment, which is the entire 2nd floor of the building, has a 1-Yr lease and is rented at $1,050/Mo and tenant is responsible for gas and electric; landlord responsible for water/sewer and trash removal.

  27. 2024-11-21
    listed $279,000 Active 850-char remark
    Show marketing remark (850 chars)

    Nice 3 Unit Apartment Building in Downtown Gettysburg. Great location-walking distance to the square, stores, shopping and Gettysburg College. All 3 units are in very good condition, currently rented, and providing good income. Store/Retail in front of the building has a hair salon on a 3-Yr Lease at $500/Mo and tenant is responsible for gas, electric and 1/2 water/sewer; landlord responsible for 1/2 water/sewer and trash removal. The 1BR apartment on the main level, with a 1-Yr lease, is currently rented at $1,025/Month and tenant is responsible for gas and electric; landlord responsible for water/sewer and trash removal. The large 2BR apartment, which is the entire 2nd floor of the building, has a 1-Yr lease and is rented at $1,050/Mo and tenant is responsible for gas and electric; landlord responsible for water/sewer and trash removal.

  28. 2024-09-14
    historical $1,050
  29. 2024-09-05
    listed $1,050
  30. 2023-09-15
    soldstatus $247,500
  31. 2023-09-15
    listed $247,500
  32. 2022-09-30
    historical
  33. 2022-05-28
    price $270,000
  34. 2022-05-21
    status Active
  35. 2022-05-01
    status Pending
  36. 2022-04-17
    status Active
  37. 2022-03-18
    historical Active Under Contract
  38. 2022-02-28
    listed $280,000 Active
  39. 2021-10-26
    historical
  40. 2021-09-16
    price $280,000
  41. 2021-08-20
    listed $295,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$41,988
− Mortgage interest
−$17,869
− Property taxes
−$4,785
− Insurance
−$1,595
− Repairs & maintenance
−$3,359
− Management
−$3,359
− Depreciation
−$9,280
Taxable income
$1,741
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$418
After-tax cash flow
$6,298/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 13 photos

Fair 45/100 Moderate rehab

This 3-unit mixed-use property in Gettysburg, PA is in fair condition with some repairs and maintenance needed. The property is fully occupied and cash flowing, making it a good investment opportunity.

Repairs flagged

  • Major exterior siding — The exterior siding shows visible cracks and discoloration, indicating a major issue that needs to be addressed.
  • Major interior walls — The interior walls show signs of peeling and discoloration, indicating a major issue that needs to be addressed.
  • Major bathrooms — The bathrooms appear to be in poor condition, with outdated fixtures and a lack of maintenance, indicating a major issue that needs to be addressed.
  • Major HVAC/mechanicals — The HVAC and mechanical systems show signs of wear and tear, indicating a major issue that needs to be addressed.

Value-add opportunities

  • Resale exterior siding repair and repainting — Repairing and repainting the exterior siding will improve the home's curb appeal and increase its resale value.
  • Resale interior wall repair and painting — Repairing and painting the interior walls will improve the home's interior condition and increase its resale value.
  • Resale bathroom updates — Updating the bathrooms with new fixtures and materials will improve the home's interior condition and increase its resale value.
  • Resale HVAC/mechanical updates — Updating the HVAC and mechanical systems will improve the home's interior condition and increase its resale value.

Renovation cost estimate screening

Repair itemSeverityEst. cost
exterior siding · The exterior siding shows visible cracks and discoloration, indicating a major issue that needs to be addressed. Major $15,000–50,000
interior walls · The interior walls show signs of peeling and discoloration, indicating a major issue that needs to be addressed. Major $15,000–50,000
bathrooms · The bathrooms appear to be in poor condition, with outdated fixtures and a lack of maintenance, indicating a major issue that needs to be addressed. Major $15,000–50,000
HVAC/mechanicals · The HVAC and mechanical systems show signs of wear and tear, indicating a major issue that needs to be addressed. Major $15,000–50,000
Total estimated repair cost · 4 items $60,000–200,000

Value-add ROI direction

  • Resale exterior siding repair and repainting — Repairing and repainting the exterior siding will improve the home's curb appeal and increase its resale value.
  • Resale interior wall repair and painting — Repairing and painting the interior walls will improve the home's interior condition and increase its resale value.
  • Resale bathroom updates — Updating the bathrooms with new fixtures and materials will improve the home's interior condition and increase its resale value.
  • Resale HVAC/mechanical updates — Updating the HVAC and mechanical systems will improve the home's interior condition and increase its resale value.

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Gettysburg Area SD
NCES district ID
4210710
Math proficiency
46% ▼ -9.00%
Reading proficiency
60% ▼ -9.00%
Median HH income
$58,451
Composite
46.03/100
National rank
#2526
State rank
#132 of 539 in PA

Livability — Gettysburg

Score
87/100
State rank
#45
US rank
#253

Category grades

Amenities A+ Commute A+ Cost of living A+ Crime A+ Employment D Housing C- Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Gettysburg, PA
County
Adams County · 30,373 people
City population
30,373
Metro
Gettysburg, PA
Population (ZIP)
30,373
Household income
$80,948
Rent vs Own
27.3% rent · 72.7% own
Severe rent burden
447.0

Population outlook (Adams County) Hauer SSP2

Today (2025)
102,494 people
By 2030
101,890 · -0.6%
By 2040
98,417 · -4.0%
By 2050
92,014 · -10.2%
By 2075
76,128 · -25.7%
By 2100
58,931 · -42.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (83%)
Race & ethnicity
White 83% Hispanic / Latino 9% Two or more races 5% Black 4% Asian 2%
Hispanic origin (detail)
Mexican 4% Puerto Rican 2%
Common ancestry
Romanian 3% Lithuanian 3% Serbian 2%
Foreign-born
5% · Canada, China, Vietnam
Languages at home
92% English-only · Spanish 4% Other Indo-European 1% Russian/Polish/Slavic 1%

Political lean MEDSL · Adams

2024 margin
Solid R (+33.6) · D 32.7% · R 66.4%
2008→2024 swing
-14.1pp toward R · 2008: -19.6pp · 2024: -33.6pp
All cycles
2024: R+33.6 2020: R+34.1 2016: R+36.4 2012: R+27.6 2008: R+19.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -81.49%
Current HPI
282.6594
Rent YoY
Metro
Gettysburg, PA
State GDP YoY
▲ 1.68%
F500 in state
34

Industry mix (Fortune 500 HQ in PA)

Industry F500 HQs Revenue

Price history

+8.1% since first listed
26 events — show timeline
  • 2026-04-23 Price Changed $318,999 BRIGHT MLS
  • 2026-03-29 Price Changed $319,000 BRIGHT MLS
  • 2026-03-11 Price Changed $319,100 BRIGHT MLS
  • 2026-01-21 Price Changed $319,200 BRIGHT MLS
  • 2025-12-17 Price Changed $319,500 BRIGHT MLS
  • 2025-09-09 Price Changed $319,000 BRIGHT MLS
  • 2025-07-14 Price Changed $319,001 BRIGHT MLS
  • 2025-06-30 Listed $319,000 BRIGHT MLS
  • 2025-01-07 Sold (MLS) $273,000 BRIGHT MLS
  • 2024-12-06 Pending BRIGHT MLS
  • 2024-12-05 Listing Removed BRIGHT MLS
  • 2024-11-21 Listed $279,000 BRIGHT MLS
  • 2024-09-14 Rental Removed $1,050 RENTALBEAST
  • 2024-09-05 Listed for Rent $1,050 RENTALBEAST
  • 2023-09-15 Listed $247,500 BRIGHT MLS
  • 2023-09-15 Sold (MLS) $247,500 BRIGHT MLS
  • 2022-09-30 Listing Removed BRIGHT MLS
  • 2022-05-28 Price Changed $270,000 BRIGHT MLS
  • 2022-05-21 Relisted BRIGHT MLS
  • 2022-05-01 Pending BRIGHT MLS
  • 2022-04-17 Relisted BRIGHT MLS
  • 2022-03-18 Contingent BRIGHT MLS
  • 2022-02-28 Listed $280,000 BRIGHT MLS
  • 2021-10-26 Listing Removed BRIGHT MLS
  • 2021-09-16 Price Changed $280,000 BRIGHT MLS
  • 2021-08-20 Listed $295,000 BRIGHT MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…