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Property Description
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!
Full Property Details
Full Property Details for 318 Carlisle St
General
- Price: $425,000
- Taxes: $5,559 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: PAYK2103744
- Updated: 5/20/2026
- Added to Site: 3 day(s) ago
Business
- Business Type: Apartment Building, Other/General Retail
Interior
- Flooring: Carpet, Hardwood, Laminate Plank
Rooms
Bathrooms
- Restrooms: 3
Parking
- Total Spaces: 10
- Parking Features: Paved Parking
- Parking Type: Parking Lot
Location
- Area: Hanover Boro (15267)
- Municipality: HANOVER BORO
- County: YORK
- Driving Directions: From Hanover Sq head north on 94 to property on Left
- Location Details: Downtown
Heating & Cooling
- Cooling Type: None
- Heating Type: Baseboard - Hot Water
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Natural Gas Available
Structural Information
- Construction: Block, Brick
- Roof: Asphalt
- Building Size: 6891
- Year Built: 1932
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 3
Lot Features
- Lot Size (Acres): 0.33
- Lot Size (Sq. Ft.): 14,275
- Lot Size Source: Assessor
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $61.67
- Assessment Year: 2026
- School Tax: $3,440
- City/TownTax: $992
- City/TownTax Freq: Annually
- County Tax: $1,126
- County Tax Freq: Annually
- Tax w/Assessment: $149,210
- Tax Amount: $5,559
- Tax Year: 2025
- Owner Pays: Gas
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 364
Listed by Iron Valley Real Estate Hanover, Kimberly B. Burton
Get Pre-Approved Today
Schools
Schools serving 318 Carlisle St
School District:Hanover Public School District
| Name | Grades | Distance |
|---|---|---|
Clearview El School, Hanover, PA 801 Randolph Street, Hanover, PA 17331 | K-4 | 0.6 mi |
Hanover Middle School 300 Keagy Avenue, Hanover, PA 17331 | 5-8 | 1.6 mi |
Hanover Senior High School 401 Moul Avenue, Hanover, PA 17331 | 9-12 | 1.4 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 318 Carlisle St
Date
Details
Price
Change
Source
5/20/2026
Listed
$425,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 318 Carlisle St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,560
2%
$149,210
—
2025
$5,463
1%
$149,210
—
2024
$5,421
1%
$149,210
—
2023
$5,379
1%
$149,210
—
2022
$5,313
3%
$149,210
—
2021
$5,164
—
$149,210
—
2020
$5,164
2%
$149,210
—
2019
$5,084
2%
$149,210
—
2018
$4,990
2%
$149,210
—
2017
$4,896
4%
$149,210
—
2016
$4,714
4%
$149,210
—
2015
$4,549
2%
$149,210
—
2014
$4,454
3%
$149,210
—
2013
$4,323
—
$149,210
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 318 Carlisle St
318 Carlisle Street, Hanover, PA 17331 (MLS# PAYK2103744) is a Apartment property. 318 Carlisle Street is currently listed for $425,000 and was received on May 20, 2026. Want to learn more about 318 Carlisle Street? Do you have questions about finding other Apartment real estate for sale in Hanover? You can browse all Hanover real estate or contact a Coldwell Banker agent to request more information.

