Browse All Hanover MD Multi-Family Properties for Sale

$429,500

Investor alert! This 4 unit property is fully rented and features one 1 bedroom unit, one 2 bedroom unit, and two 3 bedroom units. Positive cash flow and solid rental history. Separately metered electric, paid by tenants. Walking distance to downtown restaurants and other businesses. Prospective buyers need to produce either a pre-qual letter or a letter from a bank that they have cash to make purchase, prior to a showing being approved. All 4 Units are month to month regarding their leases. There is a coin operated Laundry on site.

131 E Chestnut St, Hanover

Listing courtesy of RE/MAX Plus. Contact: 3018827567

$239,900

Looking for an investment opportunity? Or have you learned about house hacking? Live in one unit and rent the other? If so, this is the one for you! Check out this awesome home located in South Western Schools. This home features a downstairs unit and an upstairs unit with exterior access to each. Currently, utilities are not separate, but with some minor cosmetic upgrades, this could be a gold mine! Each unit features 3 bedrooms and 1 full bath. The lower level is slightly bigger with an extra room and is 1471 sqft. This unit also has access to the fully concrete basement. The second story unit is 1247 sqft and would need appliances to make it rent ready. Outback there is a large detached building along with a detached garage. The driveway is shared but there is parking spaces behind the home with access from the alley. This is an opportunity most buyers dream of! Don't sleep on it, schedule your showing today.

544 York St, Hanover

Listing courtesy of Keller Williams Keystone Realty. Contact: 7177555599

$311,900

***To Be Built/Left Side Unit*** Welcome to 57 Wilmar Ave., Hanover Pa! Discover the charm and spaciousness of this beautiful 1/2 Duplex offering a generous 2,253 finished square feet of living space. With 3 bedrooms, 2.5 bathrooms, and a 1-car garage, this to be built home seamlessly blends comfort and style. Step inside the expansive foyer where you're greeted by a convenient half bath. Continue into the heart of the home: a stunning open-concept dining area, kitchen, and family room. This entire space is elevated by gorgeous exposed beams that add a touch of rustic elegance. The kitchen is a chef's dream, featuring an island for prep and seating, a separate pantry, and a first-floor laundry room for ultimate convenience. The open, large family room boasts impressive cathedral ceilings and more beams, centered around a cozy, maintenance-free fireplace—perfect for relaxing evenings. The primary bedroom is also conveniently located on the first floor, offering privacy and easy living. It includes direct access to the primary bath and a spacious walk-in closet. From the family room, step out onto a beautiful deck, ideal for enjoying your morning coffee or evening cocktails. Downstairs, you'll find two additional bedrooms, a full bath and an additional finished Rec Room, which leads directly out to a lovely outside patio—a fantastic spot for entertaining guests! Don't miss the opportunity to make this exquisite duplex your new home!

57 Wilmar Ave, Hanover

Listing courtesy of Berkshire Hathaway HomeServices Homesale Realty. Contact: 8003833535

$240,000

Side by Side Duplex with potential and flexibility! Live in one and rent the other or add an income producing property to your investment portfolio! Property details, expanded description and photos to be added.

640 3rd St, Hanover

Listing courtesy of Berkshire Hathaway HomeServices Homesale Realty. Contact: 8003833535

$199,900

House hackers and investors — this is the one! This duplex features two identical 2-bed/1-bath units, each with an eat-in kitchen, washer/dryer hookups, and separate entrances. Upper unit is Vacant! Live either unit and let your tenant help pay your mortgage, or rent both and add a cash-flowing asset to your portfolio. Off-street parking for 2 vehicles plus a fenced rear yard. Centrally located in Hanover — don't miss this turnkey opportunity!

30 W Middle St, Hanover

Listing courtesy of Real of Pennsylvania. Contact: 7173445577

$285,000

Great investment opportunity in the North End of the Hanover Borough! This solid 2- unit property features a concrete block and brick facade. The home offers excellent income potential or the option to live in one unit while renting the other. Unit 1 is located on the main level. It features one bedroom, living room, a full bath, large eat in kitchen and walk-in pantry. Unit 2 spans the second and third floors. It features three bedrooms, living room on the third floor, entrance mud room, a full bath, kitchen/dining area and small office space or walk-in pantry. Both units have ample closet space plus storage and laundry hookups in the basement. Tons of off-street parking adds extra convenience for tenants and guests. Conveniently located close to shopping, restaurants, and everyday amenities with easy access to commuter routes. Don’t miss this versatile investment property!

1228 Broadway, Hanover

Listing courtesy of Berkshire Hathaway HomeServices Homesale Realty. Contact: (800) 383-3535

$425,000

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!

318 Carlisle St, Hanover

Listing courtesy of Iron Valley Real Estate Hanover. Contact: (717) 797-2777

$578,000

Seller is **ready for an OFFER—let’s talk!** With possible seller financing available under agreeable terms, this unique property at **6610 & 6612 Moulstown Rd** offers an incredible opportunity to own **two homes on a beautiful 3‑acre parcel**. The main brick rancher features 3 spacious bedrooms, 2 full baths, a gorgeous kitchen with granite countertops and island, a bright sunroom, an attached 2‑car garage, and a partially finished basement—all enhanced by fresh paint, new flooring, and newer appliances, making it truly move‑in ready. The fully furnished detached tenant/in‑law home includes a bedroom, full bath, kitchen, living room, laundry hook‑up, a bonus room ideal for an office or potential second bedroom, and its own garage, with a separate septic system and shared well—perfect for rental income or extended family living. A large 36x24 pole building with car lift, 14x12 door, and 14‑ft ceilings provides exceptional space for hobbies, storage, or big toys. The land offers privacy, mature trees, and plenty of room for gardening and pets, all while being conveniently close to shopping, healthcare, and commuter routes. There is even **potential for subdivision** along Jacobs Mill Rd if desired. The hot tub is negotiable, and the sea‑container shed will be removed prior to settlement. Kitchen appliances and washer/dryer in the main home convey, along with most furniture and kitchen appliances in the tenant home. With so much flexibility, value, and potential, this property is a rare find—schedule your private tour today and explore everything it has to offer, including the option for seller financing with acceptable terms.

6612 Moulstown Rd E, Hanover

Listing courtesy of Coldwell Banker Realty. Contact:

$219,900

BACK ON MARKET! Buyer financing fell. Great investment! Priced below appraised value by certified appraiser. The first floor unit is now vacant, live there and rent the upstairs, a GREAT way to grow wealth. Units in good condition. Spacious up/down 2 unit with separate water heaters, electric panels, furnaces, and lots of parking! Each unit has electric baseboard, and gas radiator heat. Wood floors, newer kitchens, and off street parking including a couple carports, easily made into garages with overhead doors added! Front and back entrances, basement, and attic.

117 Baltimore St, Hanover

Listing courtesy of Berkshire Hathaway HomeServices Homesale Realty. Contact: 8003833535

$209,900

BACK ON THE MARKET, Tenants are Moved out, Property has been Cleaned, Renovated & Ready for Your Next Tenant. INVESTORS DREAM....Beautifully updated two-unit investment property that’s ready to start generating income! Recently taken off the market to complete improvements, this property has been thoughtfully renovated and is now move-in ready for new tenants or an owner-occupant looking to offset their mortgage. The first-floor unit features 3 spacious bedrooms, 1 full bath, a large living room, an updated kitchen, and a convenient laundry closet just off the kitchen. The second-floor unit offers 2 bedrooms, 1 full bath, a comfortable living room, and an updated kitchen, creating an attractive space for tenants. Both units are currently vacant, giving the new owner the opportunity to select their own tenants and maximize rental income from day one. Additional features include: • Separate utilities • Washer/dryer hookups • New windows • Newer 90% efficient furnace • Rear off-street parking Now offered at a newly REDUCED PRICE, this is a GREAT opportunity for investors looking to add a low-maintenance, income-producing property to their portfolio. Whether you’re a seasoned investor or just getting started, this turnkey duplex is ready to go!

402 Broadway, Hanover

Listing courtesy of Coldwell Banker Realty. Contact: (717) 757-2717

$399,000

Prime 4-Unit Multifamily Investment Property – Fully Leased & Steps from Downtown Hanover Discover an exceptional opportunity to own a well-maintained 4-unit multifamily property perfectly positioned within walking distance of vibrant downtown Hanover. All four units are one-bedroom and fully leased, offering immediate, reliable cash flow for the next investor. Each unit features functional layouts, comfortable living spaces, and solid rental history. The property has been thoughtfully maintained, making it a turnkey addition to any investment portfolio. Tenants enjoy easy access to shops, restaurants, parks, and local amenities—an ideal location that consistently attracts strong rental demand. Whether you're expanding your portfolio or securing your first multifamily asset, this property delivers stable income, a desirable location, and long-term growth potential.

415 Broadway, Hanover

Listing courtesy of Sites Realty, Inc.. Contact: 7173344674

$275,000

Prime Multi-Family Investment in Downtown Hanover! Fantastic opportunity to own this well-maintained 2-unit multi-family property with an income-producing garage, ideally located within walking distance to all that downtown Hanover has to offer — shops, dining, schools, and more. Each residential unit features 2 spacious bedrooms, separate utilities, and dedicated off-street parking (one spot per unit). The garage provides additional rental income potential or can be used for personal storage or parking. Whether you’re looking to expand your investment portfolio or live in one unit while renting the other, this property offers flexibility, convenience, and strong rental appeal in a highly desirable location. Welcome, investors — opportunities like this don’t last long! Owner is selling 9 properties with 35 units

624 E Middle St, Hanover

Listing courtesy of Sites Realty, Inc.. Contact: 7173344674

$200,000

Established Frozen Yogurt Franchise for sale in Hanover Gateway Shopping Center. Includes all equipment and FF&E. Lease $3550/month PLUS CAM charges $600/month that includes taxes and insurance. Please call for financials and more information.

141 Wilson Ave Unit #D, Hanover

Listing courtesy of Alpha State Realty. Contact: (717) 243-5400

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Hanover Multi-Family Real Estate

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