Real Estate Investment Properties for Sale in Shippensburg, PA

Looking for investment property in Shippensburg, PA with high ROI ?

Explore a variety of short-term homes & houses in Shippensburg, PA. Invest wisely with VRBO & Shippensburg, PA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Shippensburg, PA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
327 FRANKLIN Way Shippensburg, PA End townhouse unit in Thornwood Village with 2 bedrooms and 2 baths. Comfortable open-livi...	2 beds \| 2 baths \| 1,450 sq.ft.	$300,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 2.59% Airbnb Rental Income: $1321 Traditional Rental Income: $1706 Airbnb ROI: -0.22% Traditional ROI: 2.59%
9 QUEEN Street N Shippensburg, PA This historic charming home in the heart of downtown Shippensburg offers great potential a...	4 beds \| 2 baths \| 2,016 sq.ft.	$234,900	Airbnb cash on cash: 3.44% Traditional cash on cash: 9.67% Airbnb Rental Income: $1805 Traditional Rental Income: $2701 Airbnb ROI: 3.44% Traditional ROI: 9.67%
95 LANTERN Lane Shippensburg, PA Welcome to 95 Lantern Lane, a move-in-ready home offering comfortable, low-maintenance, on...	2 beds \| 2 baths \| 1,544 sq.ft.	$208,900	Airbnb cash on cash: 2.01% Traditional cash on cash: 5.5% Airbnb Rental Income: $1321 Traditional Rental Income: $1603 Airbnb ROI: 2.01% Traditional ROI: 5.5%
5505 OLDE SCOTLAND Road Shippensburg, PA Welcome to 5505 Olde Scotland Road - a property that truly captures the feel of classic fa...	3 beds \| 3 baths \| 3,087 sq.ft.	$675,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 2.33% Airbnb Rental Income: $1696 Traditional Rental Income: $3180 Airbnb ROI: -0.77% Traditional ROI: 2.33%
870 REMINGTON Drive Shippensburg, PA Welcome to 870 Remington Drive in Briary Ridge-where space, privacy, and mountain views co...	5 beds \| 4 baths \| 5,050 sq.ft.	$725,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.51% Airbnb Rental Income: $null Traditional Rental Income: $3895 Airbnb ROI: N/A Traditional ROI: 3.51%
322 ELMONT CIRCLE Shippensburg, PA Large price reduction! The seller has lowered the price, along with a flexible closing tim...	4 beds \| 4 baths \| 2,432 sq.ft.	$415,900	Airbnb cash on cash: 1.08% Traditional cash on cash: 4.18% Airbnb Rental Income: $1805 Traditional Rental Income: $2523 Airbnb ROI: 1.08% Traditional ROI: 4.18%
905 FAIRFIELD LANE Shippensburg, PA The Crestmont B at Deerfield offers 4 bedrooms, 2.5 baths, and an open-concept layout desi...	4 beds \| 3 baths \| 2,258 sq.ft.	$434,900	Airbnb cash on cash: 0.39% Traditional cash on cash: 2.38% Airbnb Rental Income: $1805 Traditional Rental Income: $2125 Airbnb ROI: 0.39% Traditional ROI: 2.38%
21 LOREE LANE Shippensburg, PA Back on the market due to buyers financing. Premier 6-Acre Equestrian Farmette: 3,546 SQ F...	4 beds \| 4 baths \| 3,546 sq.ft.	$699,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 1.75% Airbnb Rental Income: $1805 Traditional Rental Income: $2439 Airbnb ROI: 0.02% Traditional ROI: 1.75%
605 EXETER LANE Shippensburg, PA New home for sale in Shippensburg, PA! The Greenwood C offers 4 bedrooms, 2.5 baths, 2,116...	4 beds \| 3 baths \| 2,116 sq.ft.	$434,900	Airbnb cash on cash: 0.39% Traditional cash on cash: 2.34% Airbnb Rental Income: $1805 Traditional Rental Income: $2108 Airbnb ROI: 0.39% Traditional ROI: 2.34%
505 GLENN Street Shippensburg, PA Discover the space, versatility, and convenient location of this brick Colonial in Hallwoo...	3 beds \| 2 baths \| 1,760 sq.ft.	$300,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 4% Airbnb Rental Income: $1696 Traditional Rental Income: $1867 Airbnb ROI: 1.72% Traditional ROI: 4%
110 S QUEEN STREET Shippensburg, PA Opportunity awaits... Freshly painted throughout, this property offers a great starting po...	4 beds \| 2 baths \| 1,793 sq.ft.	$229,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 5.78% Airbnb Rental Income: $1805 Traditional Rental Income: $1888 Airbnb ROI: 3.14% Traditional ROI: 5.78%
39 MAIZEFIELD Drive Shippensburg, PA Brand new, never been occupied Manufactured home in mature development. Features include k...	3 beds \| 2 baths \| 1,608 sq.ft.	$214,995	Airbnb cash on cash: 3% Traditional cash on cash: 5.72% Airbnb Rental Income: $1696 Traditional Rental Income: $1779 Airbnb ROI: 3% Traditional ROI: 5.72%
10216 THORNWOOD Road Shippensburg, PA Discover the perfect blend of quality craftsmanship, modern design, and an unbeatable loca...	4 beds \| 3 baths \| 2,157 sq.ft.	$424,990	Airbnb cash on cash: 0.17% Traditional cash on cash: 1.89% Airbnb Rental Income: $1805 Traditional Rental Income: $2000 Airbnb ROI: 0.17% Traditional ROI: 1.89%
228 CENTRAL Way Shippensburg, PA Discover the perfect blend of quality craftsmanship, modern design, and an unbeatable loca...	3 beds \| 3 baths \| 1,996 sq.ft.	$329,990	Airbnb cash on cash: 0.66% Traditional cash on cash: 2.71% Airbnb Rental Income: $1696 Traditional Rental Income: $1862 Airbnb ROI: 0.66% Traditional ROI: 2.71%
232 CENTRAL Way Shippensburg, PA Discover the perfect blend of quality craftsmanship, modern design, and an unbeatable loca...	3 beds \| 3 baths \| 1,912 sq.ft.	$294,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 3.45% Airbnb Rental Income: $1696 Traditional Rental Income: $1894 Airbnb ROI: 1.03% Traditional ROI: 3.45%
234 CENTRAL Way Shippensburg, PA Discover the perfect blend of quality craftsmanship, modern design, and an unbeatable loca...	3 beds \| 3 baths \| 1,912 sq.ft.	$309,990	Airbnb cash on cash: 0.86% Traditional cash on cash: 3.27% Airbnb Rental Income: $1696 Traditional Rental Income: $1927 Airbnb ROI: 0.86% Traditional ROI: 3.27%
230 CENTRAL Way Shippensburg, PA Discover the perfect blend of quality craftsmanship, modern design, and an unbeatable loca...	3 beds \| 3 baths \| 1,912 sq.ft.	$300,990	Airbnb cash on cash: 0.96% Traditional cash on cash: 2.89% Airbnb Rental Income: $1696 Traditional Rental Income: $1770 Airbnb ROI: 0.96% Traditional ROI: 2.89%
822 RITNER Highway Shippensburg, PA Welcome to this charming 4.77-acre property offering the perfect blend of country living a...	3 beds \| 2 baths \| 1,834 sq.ft.	$589,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 1.47% Airbnb Rental Income: $1696 Traditional Rental Income: $1774 Airbnb ROI: 0.47% Traditional ROI: 1.47%
26 S FAYETTE Street Shippensburg, PA Reduced!! Step back in time with this beautifully preserved 1908 historic home, where time...	4 beds \| 2 baths \| 2,296 sq.ft.	$239,900	Airbnb cash on cash: 3.19% Traditional cash on cash: 6.72% Airbnb Rental Income: $1805 Traditional Rental Income: $2117 Airbnb ROI: 3.19% Traditional ROI: 6.72%
612 E ORANGE Street Shippensburg, PA Welcome home to Hollar Heights! This beautiful, move-in-ready home in Shippensburg Borough...	5 beds \| 3 baths \| 2,656 sq.ft.	$445,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.02% Airbnb Rental Income: $null Traditional Rental Income: $2218 Airbnb ROI: N/A Traditional ROI: 3.02%
200 E ORANGE E Shippensburg, PA Three-unit rental property located in Shippensburg with convenient access to Shippensburg ...	5 beds \| 1 baths \| 3,213 sq.ft.	$190,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.66% Airbnb Rental Income: $null Traditional Rental Income: $1541 Airbnb ROI: N/A Traditional ROI: 5.66%
36 N EARL Street Shippensburg, PA THIS IS A 2-UNIT, UP-DOWN RENTAL DUPLEX IN DOWNTOWN SHIPPENSBURG WITHIN WALKING DISTANCE T...	N/A beds \| N/A baths \| 2,598 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.07% Airbnb Rental Income: $null Traditional Rental Income: $1883 Airbnb ROI: N/A Traditional ROI: 7.07%
517 N MORRIS STREET Shippensburg, PA OPEN HOUSE SUNDAY NOV. 1st 1-3PM. Ask your lender about a buy down on rate! Welcome to 517...	3 beds \| 3 baths \| 2,374 sq.ft.	$325,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 4.1% Airbnb Rental Income: $1696 Traditional Rental Income: $1990 Airbnb ROI: 1.6% Traditional ROI: 4.1%
143 S SENECA Street Shippensburg, PA Affordable living! Welcome home to this spacious 3-bedroom, 3-bathroom residence offering ...	3 beds \| 3 baths \| 1,356 sq.ft.	$268,500	Airbnb cash on cash: 2.45% Traditional cash on cash: 4.77% Airbnb Rental Income: $1696 Traditional Rental Income: $1812 Airbnb ROI: 2.45% Traditional ROI: 4.77%
231 CENTRAL Way Shippensburg, PA Discover the perfect blend of quality craftsmanship, modern design, and an unbeatable loca...	3 beds \| 3 baths \| 1,819 sq.ft.	$296,490	Airbnb cash on cash: 1.02% Traditional cash on cash: 3.03% Airbnb Rental Income: $1696 Traditional Rental Income: $1786 Airbnb ROI: 1.02% Traditional ROI: 3.03%
229 CENTRAL Way Shippensburg, PA Discover the perfect blend of quality craftsmanship, modern design, and an unbeatable loca...	3 beds \| 3 baths \| 1,897 sq.ft.	$314,990	Airbnb cash on cash: 0.81% Traditional cash on cash: 2.87% Airbnb Rental Income: $1696 Traditional Rental Income: $1836 Airbnb ROI: 0.81% Traditional ROI: 2.87%
100 RUSTIC Drive Shippensburg, PA METICULOUSLY MAINTAINED & MOVE-IN READY! Welcome to 100 Rustic Drive in Shippensburg! This...	3 beds \| 2 baths \| 1,296 sq.ft.	$129,900	Airbnb cash on cash: 7.26% Traditional cash on cash: 10.04% Airbnb Rental Income: $1696 Traditional Rental Income: $1571 Airbnb ROI: 7.26% Traditional ROI: 10.04%
10802 THORNWOOD Road Shippensburg, PA REAL ESTATE PUBLIC AUCTION Thurs November 12, 2026 @ 4:00 P.M. .59 Acre lot w/ Mobile Home...	3 beds \| 1 baths \| 1,500 sq.ft.	$100,000	Airbnb cash on cash: 8.72% Traditional cash on cash: 8.88% Airbnb Rental Income: $1696 Traditional Rental Income: $1240 Airbnb ROI: 8.72% Traditional ROI: 8.88%
29 MOUNT ROCK Road Shippensburg, PA NICE RANCHER IN SHIPPENSBURG, PA WITH AN IN-GROUND POOL! This home features 3 bedrooms, 2 ...	3 beds \| 2 baths \| 1,494 sq.ft.	$249,000	Airbnb cash on cash: 2.7% Traditional cash on cash: 5.2% Airbnb Rental Income: $1696 Traditional Rental Income: $1813 Airbnb ROI: 2.7% Traditional ROI: 5.2%
233 CENTRAL Way Shippensburg, PA Discover the perfect blend of quality craftsmanship, modern design, and an unbeatable loca...	3 beds \| 3 baths \| 1,819 sq.ft.	$289,990	Airbnb cash on cash: 1.09% Traditional cash on cash: 3.15% Airbnb Rental Income: $1696 Traditional Rental Income: $1786 Airbnb ROI: 1.09% Traditional ROI: 3.15%
320 E ORANGE Street Shippensburg, PA Affordable starter home features hardwood floors, 2 bedrooms, 1.5 baths, covered front por...	2 beds \| 2 baths \| 1,236 sq.ft.	$150,000	Airbnb cash on cash: 3.49% Traditional cash on cash: 4.42% Airbnb Rental Income: $1321 Traditional Rental Income: $1046 Airbnb ROI: 3.49% Traditional ROI: 4.42%
318 E ORANGE Street Shippensburg, PA Located in the Borough of Shippensburg, this well maintained half duplex includes 1,260 sq...	2 beds \| 2 baths \| 1,260 sq.ft.	$150,000	Airbnb cash on cash: 3.48% Traditional cash on cash: 4.35% Airbnb Rental Income: $1321 Traditional Rental Income: $1037 Airbnb ROI: 3.48% Traditional ROI: 4.35%
519 OAKVILLE Road Shippensburg, PA Welcome to this sprawling all-brick ranch home in Oakville! Featuring 3 bedrooms and 2.5 b...	3 beds \| 3 baths \| 1,696 sq.ft.	$325,000	Airbnb cash on cash: 1.61% Traditional cash on cash: 6.18% Airbnb Rental Income: $1696 Traditional Rental Income: $2622 Airbnb ROI: 1.61% Traditional ROI: 6.18%

Real Estate investment in Shippensburg, PA

There are 34 properties for sale in the city of Shippensburg . The median list price in Shippensburg is $214,898 and the average price per square foot is $107. In November 2026, the average monthly cash on cash return in Shippensburg is 3.00%. The average monthly rental income in Shippensburg is $1,862.

Shippensburg, PA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 34 investment properties available for sale in Shippensburg.

In 2026, the best neighborhood to buy investment property is Shippensburg.

The ROI for Long-Term is higher than the Short-Term in Shippensburg with average rental income of $1,862.

Your search for investment property begins and ends here

Investment Property for Sale in Shippensburg, PA

327 FRANKLIN Way

Shippensburg, PA

2 beds | 2 baths | 1,450 sq.ft.

$300,000

Airbnb cash on cash: -0.22%

Traditional cash on cash: 2.59%

Airbnb Rental Income: $1321

Traditional Rental Income: $1706

Airbnb ROI: -0.22%

Traditional ROI: 2.59%

9 QUEEN Street N

Shippensburg, PA

4 beds | 2 baths | 2,016 sq.ft.

$234,900

Airbnb cash on cash: 3.44%

Traditional cash on cash: 9.67%

Airbnb Rental Income: $1805

Traditional Rental Income: $2701

Airbnb ROI: 3.44%

Traditional ROI: 9.67%

95 LANTERN Lane

Shippensburg, PA

2 beds | 2 baths | 1,544 sq.ft.

$208,900

Airbnb cash on cash: 2.01%

Traditional cash on cash: 5.5%

Airbnb Rental Income: $1321

Traditional Rental Income: $1603

Airbnb ROI: 2.01%

Traditional ROI: 5.5%

5505 OLDE SCOTLAND Road

Shippensburg, PA

3 beds | 3 baths | 3,087 sq.ft.

$675,000

Airbnb cash on cash: -0.77%

Traditional cash on cash: 2.33%

Airbnb Rental Income: $1696

Traditional Rental Income: $3180

Airbnb ROI: -0.77%

Traditional ROI: 2.33%

870 REMINGTON Drive

Shippensburg, PA

5 beds | 4 baths | 5,050 sq.ft.

$725,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.51%

Airbnb Rental Income: $null

Traditional Rental Income: $3895

Airbnb ROI: N/A

Traditional ROI: 3.51%

322 ELMONT CIRCLE

Shippensburg, PA

4 beds | 4 baths | 2,432 sq.ft.

$415,900

Airbnb cash on cash: 1.08%

Traditional cash on cash: 4.18%

Airbnb Rental Income: $1805

Traditional Rental Income: $2523

Airbnb ROI: 1.08%

Traditional ROI: 4.18%

905 FAIRFIELD LANE

Shippensburg, PA

4 beds | 3 baths | 2,258 sq.ft.

$434,900

Airbnb cash on cash: 0.39%

Traditional cash on cash: 2.38%

Airbnb Rental Income: $1805

Traditional Rental Income: $2125

Airbnb ROI: 0.39%

Traditional ROI: 2.38%

21 LOREE LANE

Shippensburg, PA

4 beds | 4 baths | 3,546 sq.ft.

$699,000

Airbnb cash on cash: 0.02%

Traditional cash on cash: 1.75%

Airbnb Rental Income: $1805

Traditional Rental Income: $2439

Airbnb ROI: 0.02%