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503 W Main St, 
Mechanicsburg, PA 17055

$369,900


3

Beds


—

Bath


2,628

Sq Ft


Multi-Family

Active

Listed by

Christine Walker

M C Walker Realty, (717) 697-9487

Last updated:

September 23, 2026, 01:39 PM

MLS#

PACB2058484

Source:

BRIGHTMLS

About This Home

503 W Main St

INVESTMENT OPPORTUNITY IN THE HEART OF MECHANICSBURG! Welcome to 503 W Main Street, a well-positioned three-unit investment property offering an attractive combination of established rental income, desirable apartment layouts, and a convenient location walkable to downtown Mechanicsburg. Situated on one of the appealing blocks of West Main Street, this property places tenants close to restaurants, shopping, schools, major highways, and all that the Mechanicsburg community has to offer. The property features three separate rental units, each with its own character and appeal, and all are occupied by long-term tenants with yearly leases. The first-floor 2-bedroom apartment offers approximately 1,000 square feet of comfortable living space and features hardwood flooring, high ceilings, ceiling fans, and mostly newer windows. The kitchen and bathroom were remodeled in 2016, and the unit includes a microwave, electric oven, dishwasher, and washer and dryer. Tenants also enjoy off-street parking, a covered side porch, and a rear deck featuring low-maintenance Trex decking. The efficiency apartment was fully remodeled in 2017 and offers a bright, inviting interior with shaker-style white cabinetry, ceiling fans, and a covered side balcony with Trex decking. An attic access area provides additional storage. The 1-bedroom apartment offers a practical layout with a quaint kitchen, spacious living/dining combination, a storage closet, and a separate bedroom. Its efficient design provides an appealing rental option for tenants seeking a more affordable place to call home. From an investment standpoint, the property offers three established rental streams with long-term tenants and annual leases already in place. Current monthly rents are $1,130 for the 2-bedroom, $815 for the 1-bedroom, and $815 for the efficiency, for a total of $2,760 per month, or $33,120 annually in scheduled rental income. Even better, tenants are responsible for their own heat, hot water, and electricity, while the owner pays water, sewer, and trash. Whether you are expanding an existing portfolio or looking for your first multifamily investment, 503 W Main Street offers the opportunity to own a three-unit property in an established Mechanicsburg neighborhood with strong rental appeal. With renovated units, desirable features, long-term tenants, outdoor spaces, and a location close to downtown and major transportation routes, this property is ready to continue its role as a solid income-producing investment.

Home Facts

Multi-Family

3 Bedrooms

Built in 1903

Subdivision & Development:

NONE AVAILABLE

Price Summary

369,900

$140 per Sq. Ft.

MLS #:

PACB2058484

Last Updated:

September 23, 2026, 01:39 PM

Added:

5 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3


Structure

Structure

Architectural Style:

Traditional

Building Area:

2,628 Sq. Ft.

Year Built:

1903


Lot

Lot Size (Sq. Ft):

11,325


Finances & Disclosures

Finances

Price:

$369,900

Price per Sq. Ft:

$140 per Sq. Ft.

Source:BRIGHTMLS
The information being provided by Bright Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Bright Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.