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$1,100,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 1 Bed
  • 1 Full Bath
  • Updated 12 hours ago
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159-163 N Hanover St, Carlisle, PA 17013 - 100% Occupied Mixed-Use with Strong In-Place NOI 159-163 N Hanover St is a mixed-use investment property in downtown Carlisle offering a blend of residential and commercial tenancy with 100% occupancy reflected on the current rent roll. The income stream includes multiple apartment units plus commercial tenancy, creating diversification and stability (with additional ancillary income shown on the rent roll). The operating summary indicates $120,440 in potential rental income, $115,440 in effective rental income, and a compelling $73,522 NOI-supported by a clearly defined expense set and strong in-place performance. For investors targeting a downtown Carlisle footprint, this asset offers a turnkey operating profile today with the opportunity to improve returns over time through strategic rent growth, expense management, and tenant retention. Professionally managed by Ehring & Co., a premier boutique property management company based in Harrisburg, PA-delivering responsive tenant communication, disciplined maintenance coordination, and consistent owner reporting.

Full Property Details for 159 N Hanover St

General

  • Price: $1,100,000
  • Taxes: $11,924 (2024)
  • Status: Active
  • Type: Townhouse
  • Source: BrightMLSPhilly
  • MLS ID: PACB2050538
  • Updated: 2/24/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1
  • Main - Full Baths: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedrooms Main & Up: 1

Parking

  • Total Spaces: 20
  • Parking Type: Off Street, Parking Lot

Location

  • Area: Carlisle Boro (14402)
  • Municipality: CARLISLE BORO
  • County: CUMBERLAND
  • Subdivision: CARLISLE BOROUGH
  • Driving Directions: Follow US-11 S to N Hanover St in Carlisle. Merge onto US-11 S. Pass by Advance Auto Parts. At the traffic circle, take the 3rd exit onto N Hanover St. Destination will be on the left.

School Information

  • School District: Carlisle Area
  • High School: Carlisle Area

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Baseboard - Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Traditional
  • Structure Type: End of Row/Townhouse
  • Construction: Other
  • Basement: Yes
  • Basement Desc.: Other
  • Foundation: Stone
  • Stories Description: Main
  • Sq. Ft. Source: Assessor
  • Year Built: 1900
  • Year Built Source: Estimated

Lot Features

  • Lot Size (Acres): 0.38
  • Lot Size (Sq. Ft.): 16,553
  • Lot Size Source: Assessor
  • Zoning: C-1

Financial Considerations

  • Assessment Year: 2024
  • School Tax: $8,607
  • City/TownTax: $1,944
  • City/TownTax Freq: Annually
  • County Tax: $1,372
  • County Tax Freq: Annually
  • Tax w/Assessment: $510,400
  • Tax Amount: $11,924
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 1

Listed by Ehring & Co., Jordan Ehring

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Listing agent

— 159 N Hanover St —

  • Jordan Ehring

    Ehring & Co.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 159 N Hanover St

School District:Carlisle Area School District
NameGradesDistance
Letort Elementary School
110 East South Street, Carlisle, PA 17013
K-50.5 mi
Lamberton Middle School
777 South Hanover Street, Carlisle, PA 17013
6-81 mi
Carlisle Area High School
623 West Penn Street, Carlisle, PA 17013
9-121 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 159 N Hanover St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/24/2026
Listed
$1,100,000
57.14%
MLS
1/31/2022
Sold
$700,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 159 N Hanover St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,019
3%
$510,400
—
2024
$11,674
5%
$510,400
—
2022
$11,141
1%
$510,400
—
2022
$10,982
1%
$510,400
—
2021
$10,825
2%
$510,400
—
2020
$10,597
2%
$510,400
—
2019
$10,375
2%
$510,400
—
2018
$10,153
2%
$510,400
—
2017
$9,951
3%
$510,400
—
2016
$9,624
2%
$510,400
—
2015
$9,466
2%
$510,400
—
2014
$9,299
—
$510,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Ehring & Co., Jordan Ehring

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159 N Hanover Street, Carlisle, PA 17013 (MLS# PACB2050538) is a Townhouse property with 1 bedroom and 1 full bathroom. 159 N Hanover Street is currently listed for $1,100,000 and was received on February 24, 2026. Want to learn more about 159 N Hanover Street? Do you have questions about finding other Townhouse real estate for sale in Carlisle? You can browse all Carlisle real estate or contact a Coldwell Banker agent to request more information.

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