Triplex
18 N Washington St · Gettysburg, PA
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
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
🖨 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
Neighborhood map
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.
Questions for the listing agent
- 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?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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.
- 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.
- 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
- IRR
- -4.8%
- Equity multiple
- 0.82×
- Total profit
- $-15,992
- Equity at exit
- $47,564
- 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
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
3-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 3× units | 1 | 1 | $3,498 |
| #1 | 1 | 1 | $1,166 |
| #2 | 1 | 1 | $1,166 |
| #3 | 1 | 1 | $1,166 |
| 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
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2026-06-19days on market $318,999 Active 354 DOM
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2026-06-18days on market $318,999 Active 353 DOM
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2026-06-17days on market $318,999 Active 352 DOM
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2026-06-16days on market $318,999 Active 351 DOM
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2026-06-16days on market $318,999 Active 350 DOM
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2026-06-14days on market $318,999 Active 348 DOM
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2026-06-12days on market $318,999 Active 347 DOM
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2026-06-09days on market $318,999 Active 344 DOM
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2026-06-08days on market $318,999 Active 343 DOM
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2026-06-07days on market $318,999 Active 342 DOM
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2026-06-05days on market $318,999 Active 339 DOM
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2026-06-02days on market $318,999 Active 337 DOM
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2026-06-01days on market $318,999 Active 336 DOM
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2026-05-31days on market $318,999 Active 335 DOM
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2026-05-30days on market $318,999 Active 334 DOM
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2026-04-23price $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.
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2026-03-29price $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.
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2026-03-11price $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.
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2026-01-21price $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.
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2025-12-17price $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.
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2025-09-09price $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.
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2025-07-14price $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.
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2025-06-30$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.
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2025-01-07soldstatus $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.
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2024-12-06status 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.
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2024-12-05historical 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.
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2024-11-21$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.
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2024-09-14historical $1,050
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2024-09-05$1,050
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2023-09-15soldstatus $247,500
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2023-09-15$247,500
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2022-09-30historical
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2022-05-28price $270,000
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2022-05-21status Active
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2022-05-01status Pending
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2022-04-17status Active
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2022-03-18historical Active Under Contract
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2022-02-28$280,000 Active
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2021-10-26historical
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2021-09-16price $280,000
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2021-08-20$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
- 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
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 item | Severity | Est. 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
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
- 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 |
|---|---|---|
| Healthcare | 2 | $309B |
|
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| Insurance | 2 | $27B |
|
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| Telecommunications / Media | 1 | $124B |
|
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| Industrial Distribution | 1 | $22B |
|
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| Financial Services | 1 | $20B |
|
||
| Chemicals / Materials | 1 | $18B |
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Price history
+8.1% since first listed26 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
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…