Prime Downtown Hanover Investment Opportunity! Welcome to the heart of Hanover—where charm, history, and opportunity meet. This solid, all-brick mixed-use building is a standout investment in a rapidly growing and revitalized downtown district. The lower level features one retail storefront that is currently leased with established tenants who would love to stay, providing immediate and reliable income from day one. Above, you’ll find two spacious residential apartments, each offering two bedrooms, beautiful hardwood flooring, and timeless vintage character that tenants truly appreciate. One unit is currently rented, while the other presents a fantastic opportunity for additional income or owner-occupancy. This property has been well maintained and retains its classic appeal, making it both a solid long-term hold and a value-add opportunity. One of the rarest finds in downtown—a private parking lot—adds tremendous value and convenience for both residential and commercial tenants alike. Whether you’re looking to expand your portfolio or step into a thriving market, this property offers multiple income streams, strong rental potential, and a prime location in one of York County’s up-and-coming areas. Don’t miss your chance to invest in the future of downtown Hanover!
Under contract
$425,000
318 Carlisle St, Hanover, PA 17331
4beds
--baths
6,891sqft
Triplex
Built in 1932
-- sqft lot
$406,700 Zestimate®
$62/sqft
$-- HOA
What's special
Timeless vintage characterRetail storefrontTwo spacious residential apartmentsPrivate parking lotBeautiful hardwood flooringTwo bedroomsAll-brick mixed-use building
- 43 days |
- 177 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Kimberly Burton 717-688-0366,
Iron Valley Real Estate Hanover (717) 797-2777
Source: Bright MLS,MLS#: PAYK2103964
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 0
Heating
- Baseboard, Natural Gas
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Hardwood, Laminate
- Has fireplace: No
Interior area
- Total structure area: 6,891
- Total interior livable area: 6,891 sqft
Property
Parking
- Parking features: Paved, Parking Lot
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 0.33 Acres
- Features: Downtown
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 670001003640000000
- Zoning: COMMERCIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Triplex
Materials
- Block, Brick
- Foundation: Brick/Mortar
- Roof: Asphalt
Condition
- Excellent
- New construction: No
- Year built: 1932
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Location
- Region: Hanover
- Municipality: HANOVER BORO
Financial & listing details
- Price per square foot: $62/sqft
- Tax assessed value: $149,210
- Annual tax amount: $5,559
- Date on market: 5/21/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,Cash,Other
- Ownership: Fee Simple
Estimated market value
$406,700
$386,000 - $427,000
$1,315/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/19/2026 | Contingent | $425,000$62/sqft |
Source: | ||
| 5/21/2026 | Listed for sale | $425,000$62/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 17331
Nearby schools
GreatSchools rating
- 5/10Clearview El SchoolGrades: K-4Distance: 0.6 mi
- 6/10Hanover Senior High SchoolGrades: 8-12Distance: 1.4 mi
- 5/10Hanover Middle SchoolGrades: 5-8Distance: 1.7 mi
Schools provided by the listing agent
- District: Hanover Public
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Pennsylvania
- York County
- Hanover
- 17331
- 318 Carlisle St





