236 W Market St, Jonestown, PA

Name: 236 W Market St, For Sale in Jonestown - eXp Realty
Brand: Iron Valley Real Estate
SKU: PALN2027726
Price: 1300000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,300,000

000

MLS® PALN2027726

Key Facts
Description
Map

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage

Taxes $11,821

Days Active 1

Lot Size 0.3 Acres

Approx. Age 1950

MLS® Number PALN2027726

Property Address: 236 W Market St, JONESTOWN, PA, 17038-9523

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional investment opportunity in the heart of Jonestown! This impressive former warehouse has been thoughtfully transformed into a well-maintained, income-producing mixed-use property featuring 8 residential apartments, 8 storage units, and a full walk-out basement with outstanding potential for future expansion. Whether you're looking to grow your portfolio or add a high-performing asset, this property offers immediate cash flow with room to increase revenue. The residential portion consists of eight spacious apartments, including two 3-bedroom, 2-bath units, four 2-bedroom, 2-bath units, and two 2-bedroom, 1-bath units. Seven of the eight apartments have been beautifully renovated with modern finishes including luxury vinyl plank flooring, custom cabinetry, granite countertops, stainless steel appliances, recessed lighting, and updated kitchens and bathrooms. Apartment 8 presents an excellent value-add opportunity as the only unit awaiting a full renovation. Entire building is equipped with secure keypad entry, a sprinkler system for safety and peace of mind and each unit has it's own furnace and hot water heater. Residents enjoy the convenience of a common-area coin-operated laundry facility, while the property also includes 8 storage units, with two currently leased for additional monthly income. The expansive full walk-out basement offers tremendous potential to create additional storage units, warehouse space, or other income-producing uses, subject to any necessary approvals. The property currently generates $11, 700 in gross monthly income. Tenants pay their own heat and electric, keeping operating expenses lower for the owner. The owner is responsible for water, sewer, trash, insurance, real estate taxes, and the common-area electric meter. Ideally located just minutes from Interstate 81, this property provides convenient access to Harrisburg, Lebanon, Hershey, and surrounding employment centers, making it an attractive rental location. With strong existing income, quality renovations, and significant upside potential, this is a rare opportunity to own a turnkey multifamily investment with room for future growth.

MLS® NumberPALN2027726

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1950

Basement

DrivewayParking Lot

Garage Spaces

HeatForced Air, Electric

A/CDuctless/Mini-Split, Central A/C, Electric

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 30, 2026List Date

$1,300,000List Price

Commute

Commute

Starting Address

Destination Address

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