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$2,080,000 - New Construction
Listed By:
 Naomi E Brown with Clear Multifamily LLC - 7174781694;
Naomi E Brown with Clear Multifamily LLC - 7174781694;

$ 2,080,000 238 Centennial Avenue Hanover, PA

MLS: PAYK2111516   Type: Commercial   County: York   City: Hanover   Area: Hanover Boro   Zip: 17331   Style: Apartment Building     Taxes: $1,177

Mortgage $9,765 /mo

Beds

Baths

Half Baths

Sqr Footage

Acres

Built

0

0

0

11,200

0.39

2026

Presenting Centennial Court, a newly designed eight-unit townhome development on Centennial Avenue in the heart of Hanover, York County, Pennsylvania. This project is in construction stage. Architect-designed by Duckham Architecture & Interiors, the project consists of two four-unit buildings totaling 11,200 square feet, with each unit offering 1,400 SF across three stories three bedrooms, two bathrooms, a first-floor family room, dining room, kitchen, mudroom, powder room, and private front porch and rear patio. The craftsman-influenced exterior features stone veneer, board-and-batten siding, and pitched gable rooflines, delivering the kind of curb appeal that attracts and retains quality tenants. All utilities are separately metered and paid by tenants, and the exterior is tenant-maintained, keeping operating costs lean. At an asking price of $2,080,000 ($260,000 per unit), the project is offered at a 6.42% CAP rate with projected rents of $2,100 per unit per month. Hanover is an ideal location for this type of investment. The borough's population of approximately 17,000 is growing steadily, and nearly half of all households are renters a built-in, durable demand base. Yet the housing stock is aging, and new construction of this quality is genuinely scarce. Centennial Court's downtown location puts residents within walking distance of Hanover's commercial core, parks, and community amenities exactly the kind of walkable, low-maintenance living that today's renters seek and are willing to pay a premium for.

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Price History

9/9/2026 Listed $2,080,000

Sewer Public Sewer
Heating Other
Cooling Other
Possession Settlement
Zoning R5
Construction Materials Brick
Year Built 2026
Property Subtype Five Or More Units
Tax Year 2026
Ownership Fee Simple
Cool Fuel Other
Section HANOVER
Business Type Apartment Building
Accessibility None
County YORK
New Construction Y
Property Type Commercial Sale
Possible Use Apartments,Multi-Family
Water Access Y/N N
Status ACTIVE
Directions From Hanover Square,take Frederick Street (Route 194) south toward Littlestown. Turn left onto Centennial Avenue. Continue on Centennial Avenue to 238 Centennial Avenue; property is on the right.
City HANOVER
Number Of Units Total 2
MLS Area Hanover Boro (15267)
Lot Size Units Square Feet
Lot Size Square Feet 17001.00
Tax Assessed Value 31600.0
Tax Annual Amount 1177.0
Property Condition Excellent
Price Per Sq Ft Total AG 185.71
Construction Completed Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated

Interior Features

Heating Fuel Natural Gas
Hot Water Other
Total Stories 2
Heating Y/N Y
Central Air Y/N N

Exterior Features

Water Source Public
Total Parking Spaces 16
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 11200.00
Lot Size Acres 0.39
Road Surface Type Paved
Lot Size Source Estimated
Waterfront Y/N N
Total Loading Docks 0
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
Car Parking Spaces 16

Property Schools



Direct Link:

https://shannonthayer.douglasrealty.info/property/382-PAYK2111516-238-centennial-avenue-hanover-PA-17331

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Property vs Zip Code Avg (17331)

Price 2.08M Avg 0

Sqr Feet 11,200 Avg 0

Cost / Sqr Ft $186 Avg $0

Taxes $1,177 Avg $0

Acres 0.39 Avg 0

Visits 0 Avg 0

Days on Site 20 Avg 20,725

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Listed By: Naomi E Brown with Clear Multifamily LLC - 7174781694;




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Location & Address

Shannon Thayer
8221 Ritchie Hwy Ste 101
Pasadena, MD
443-815-9156