- For Sale $1,600,000
- Property Type Multi-Family
- Property Size 17,732 SF
- Units 16
- Lot Size 0.06 Acre
- Date Updated May 15, 2026
Description
Conveniently located in historic Carlisle, PA, the area surrounding the property offers a vibrant mix of business and leisure opportunities. Just a stone's throw away from downtown, the location provides easy access to a variety of dining options, boutique shops, and cultural attractions. Nearby landmarks such as the Carlisle Theatre, Carlisle Barracks, and Dickinson College add to the area's rich tapestry of offerings. With the picturesque beauty of Carlisle's tree-lined streets and well-preserved architecture, the location provides a unique and inspiring setting for businesses to thrive. Whether it's networking over a coffee at a local café or enjoying a stroll through the quaint streets, the area offers a welcoming and dynamic environment for office occupants.SCOPE Commercial Real Estate Services, LLC (“SCOPE”) is pleased to present the opportunity to acquire a stabilized 15-unit multifamily portfolio consisting of two properties in the heart of Downtown Carlisle, Pennsylvania. The offering consists of 155-157 N Hanover St and 159-163 N Hanover St connected to ach other, offering operational efficiencies and tenant demand driven by walkability, connectivity, and access to major High-ways and employment centers. The mixed-use property features 11 one-bedroom, one-bathroom units and 4 first floor commercial suites, strong in-place income, and upside through strategic rent optimization. With consistent occupancy and immediate scale in a high-demand rental corridor, this offering is ideal for cashflow-focused investors and 1031 exchange buyers seeking long-term growth.
Highlights
- Attractive Price Point – Listed at $1,600,000, appealing to cash-flow investors and 1031 exchange buyers.
- Connectivity – Excellent access to major highways and employment centers across Central Pennsylvania.
- Operational Efficiencies – Two connected parcels (155–157 & 159–163 N Hanover St) create scale and streamlined management.
- Prime Downtown Carlisle Location – High walkability with strong tenant demand near retail, dining, and services.
- Stabilized 15-Unit Portfolio – 11 residential apartments (1BR/1BA) + 4 ground-floor commercial suites.
- Strong In-Place Income – Consistent occupancy with opportunity to drive NOI through strategic rent optimization.
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Contacts
Mher Vartanian
SCOPE Commercial Real Estate Services
Location
Contact Listing Broker
Mher Vartanian
SCOPE Commercial Real Estate Services