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$315,000
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Property Description
Income-producing 4-unit quad located at 172 E Penn Street in Carlisle, offering a strong rental opportunity in a convenient in-town location. Each unit features 1 bedroom and 1 bathroom, making this property attractive to long-term tenants seeking simple, affordable living close to downtown amenities, shopping, and major commuter routes. Two of the four units are currently vacant, providing flexibility for an investor to establish new rents or for an owner-occupant looking to offset living expenses. Unit 172 has been occupied by the same tenant since 1993. The property includes addresses 172, 172½, 174, and 174½ East Penn Street. With Carlisle's continued rental demand and proximity to local employers, schools, and downtown attractions, this multi-unit property presents an excellent opportunity to build or expand your investment portfolio.
Full Property Details
Full Property Details for 172 E Penn St
General
- Sold For: $315,000
- Taxes: $3,364 (2024)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSPhilly
- MLS ID: PACB2051260
- Added to Site: 77 day(s) ago
Rental Information
- Lease Info: Long Term
Parking
- Parking Type: On Street
Location
- Area: Carlisle Boro (14402)
- Municipality: CARLISLE BORO
- County: CUMBERLAND
- Subdivision: CARLISLE HISTORIC DISTRICT
- Driving Directions: From I-81 take Exit 52 for PA-11 toward Carlisle, continue onto N Hanover St, turn right onto E Penn St, and the property will be on the right.
School Information
- School District: Carlisle Area
- High School: Carlisle Area
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Unit/Flat
- Structure Type: Other
- Construction: Vinyl Siding
- Roof: Shingle
- Square Feet: 3,049
- Sq. Ft. Source: Estimated
- Living Area: 3,049 Sq. Ft.
- Finished Above Grnd: 3,049 Sq. Ft.
- Year Built: 1890
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.07
- Lot Size (Sq. Ft.): 3,049
- Lot Size Source: Assessor
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $103.31
- Assessment Year: 2024
- School Tax: $2,428
- City/TownTax: $548
- City/TownTax Freq: Annually
- County Tax: $387
- County Tax Freq: Annually
- Tax w/Assessment: $144,000
- Tax Amount: $3,364
- Tax Year: 2024
- Terms: Standard Sale
Disclosures and Reports
- Ownership: Fee Simple
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Schools
Schools serving 172 E Penn St
School District:Carlisle Area School District
| Name | Grades | Distance |
|---|---|---|
Hamilton El School, Carlisle, PA 735 Clay Street, Carlisle, PA 17013 | K-5 | 0.6 mi |
Wilson Middle School, Carlisle, PA 900 Waggoner's Gap Rd, Carlisle, PA 17013 | 6-8 | 1.3 mi |
Carlisle Area High School 623 West Penn Street, Carlisle, PA 17013 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 172 E Penn St
Date
Details
Price
Change
Source
4/22/2026
Sold
$315,000
—
MLS
3/11/2026
Listed
$315,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
172 E Penn Street, Carlisle, PA 17013 (MLS# PACB2051260) is a Multi-Family property that was sold at $315,000 on April 22, 2026. This property was sold by Christina Bailey Team from our Camp Hill Office.Want to learn more about 172 E Penn Street? Do you have questions about finding other Multi-Family real estate for sale in Carlisle? You can browse all Carlisle real estate or contact a Coldwell Banker agent to request more information.


