Excellent opportunity to own a fully leased single-family rental home in Shippensburg. This rental home is a wonderful opportunity for investors or buyers seeking steady rental income. Right on King Street. The home is currently tenant-occupied on a month to month lease. Convenient location near school parks and major employers. This property is ideal for student housing due to its proximity and could yield $1700-$1,800 per month which would make this a high investment return property.
Sold for $159,000
$159,000
338 E King St, Shippensburg, PA 17257
4beds
1,827sqft
Single Family Residence
Built in 1949
3,049 Square Feet Lot
$202,600 Zestimate®
$87/sqft
$1,351 Estimated rent
Home value
$202,600
$176,000 - $227,000
$1,351/mo
Zestimate® history
Owner options
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$1,351/mo
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$1,351/mo
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$1,077/mo
Est. payment
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$1,077/mo
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Zillow last checked:
Listing updated:
Listed by:
Tony Lopes 717-658-1522,
Iron Valley Real Estate of Central PA,
Listing Team: Kristin Shetler Team, Co-Listing Team: Kristin Shetler Team,Co-Listing Agent: Kristin Shetler 717-496-3527,
Iron Valley Real Estate of Central PA
Bought with:
Tony Lopes, rs353153
Iron Valley Real Estate of Central PA
Source: Bright MLS,MLS#: PACB2047818
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Basement
- Area: 0
Heating
- Hot Water, Oil
Cooling
- None
Appliances
- Included: Water Heater
Features
- Eat-in Kitchen, Paneled Walls, Dry Wall
- Basement: Exterior Entry,Side Entrance,Full
- Has fireplace: No
Interior area
- Total structure area: 1,827
- Total interior livable area: 1,827 sqft
- Finished area above ground: 1,827
- Finished area below ground: 0
Property
Parking
- Parking features: Off Street
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 3,049 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 32342413005
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Foundation: Block
- Roof: Metal
Condition
- New construction: No
- Year built: 1949
- Major remodel year: 2016
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: Shippensburg Borough
HOA
- Has HOA: No
- Services included: None
Location
- Region: Shippensburg
- Municipality: SHIPPENSBURG BORO
Financial & listing details
- Price per square foot: $87/sqft
- Tax assessed value: $141,700
- Annual tax amount: $2,962
- Date on market: 10/31/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Road surface type: Black Top
Price history
| Date | Event | Price |
|---|---|---|
| 1/30/2026 | Sold | $159,000-0.6%$87/sqft |
Source:  Bright MLS #PACB2047818 Report a problem | ||
| 12/9/2025 | Pending sale | $160,000$88/sqft |
Source: Bright MLS #PACB2047818 Report a problem | ||
| 10/31/2025 | Listed for sale | $160,000+77.8%$88/sqft |
Source: Bright MLS #PACB2047818 Report a problem | ||
| 10/24/2024 | Listing removed | $1,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/24/2024 | Listed for rent | $1,200+60%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/25/2018 | Sold | $90,000-9.1%$49/sqft |
Source: Public Record Report a problem | ||
| 4/21/2018 | Pending sale | $99,000$54/sqft |
Source: RE/MAX HOMEFINDERS #1000299376 Report a problem | ||
| 3/23/2018 | Listed for sale | $99,000+11.9%$54/sqft |
Source: Re/Max Homefinders #1000299376 Report a problem | ||
| 7/17/2017 | Listing removed | $750 |
Source: RE/MAX Homefinders #CB9992425 Report a problem | ||
| 7/1/2017 | Listed for rent | $750 |
Source: RE/MAX Homefinders #CB9992425 Report a problem | ||
| 2/4/2004 | Sold | $88,450$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,872 +6.5% | $141,700 |
| 2024 | $2,697 +4.8% | $141,700 |
| 2023 | $2,574 +3.1% | $141,700 |
| 2022 | $2,497 | $141,700 |
| 2021 | $2,497 +2.1% | $141,700 |
| 2020 | $2,446 +222% | $141,700 |
| 2019 | $760 -67.5% | $141,700 |
| 2018 | $2,334 | $141,700 |
| 2017 | -- | $141,700 |
| 2016 | -- | $141,700 |
| 2015 | -- | $141,700 |
| 2014 | -- | $141,700 |
| 2013 | -- | $141,700 |
| 2012 | -- | $141,700 |
| 2011 | -- | $141,700 +60.6% |
| 2010 | -- | $88,240 |
| 2009 | -- | $88,240 |
| 2008 | -- | $88,240 |
| 2007 | -- | $88,240 |
| 2006 | -- | $88,240 |
| 2005 | -- | $88,240 +38.1% |
| 2004 | -- | $63,880 |
| 2003 | $336 | $63,880 |
| 2000 | -- | $63,880 |
Find assessor info on the county website
Neighborhood: 17257
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10James Burd El SchoolGrades: K-3Distance: 0.5 mi
- 6/10Shippensburg Area Middle SchoolGrades: 6-8Distance: 1.7 mi
- 6/10Shippensburg Area Senior High SchoolGrades: 9-12Distance: 1.8 mi
Schools provided by the listing agent
- High: Shippensburg Area
- District: Shippensburg Area
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Pennsylvania
- Cumberland County
- Shippensburg
- 17257
- 338 E King St
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