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
15 COURTNEY DRIVE Shippensburg, PA Discover the charm of this beautifully remodeled home, featuring two spacious bedrooms and...	2 beds \| 2 baths \| 1,144 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.27% Airbnb Rental Income: $null Traditional Rental Income: $1661 Airbnb ROI: N/A Traditional ROI: 4.27%
341 AIRPORT Road Shippensburg, PA Peace and tranquility with lush greenery all around! Welcome to 341 Airport Rd, a cute cap...	3 beds \| 1 baths \| N/A	$199,900	Airbnb cash on cash: 2.8% Traditional cash on cash: 5.3% Airbnb Rental Income: $1458 Traditional Rental Income: $1501 Airbnb ROI: 2.8% Traditional ROI: 5.3%
14 W BURD Street Shippensburg, PA *OPEN HOUSE* Saturday 9/20 Great location, Offs street parking, walking distance to th...	4 beds \| 3 baths \| 1,440 sq.ft.	$209,900	Airbnb cash on cash: 5.26% Traditional cash on cash: 10.8% Airbnb Rental Income: $2071 Traditional Rental Income: $2641 Airbnb ROI: 5.26% Traditional ROI: 10.8%
320 FORT STREET Shippensburg, PA Great Home!	3 beds \| 2 baths \| 1,242 sq.ft.	$164,900	Airbnb cash on cash: 4.08% Traditional cash on cash: 9.38% Airbnb Rental Income: $1458 Traditional Rental Income: $1860 Airbnb ROI: 4.08% Traditional ROI: 9.38%
733 FIRESIDE DRIVE Shippensburg, PA Welcome to easy, convenient living! This charming 2-bedroom, 2-bath townhouse offers true ...	2 beds \| 2 baths \| 1,100 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.95% Airbnb Rental Income: $null Traditional Rental Income: $1594 Airbnb ROI: N/A Traditional ROI: 4.95%
38 LANTERN Lane Shippensburg, PA Freshly Updated 2-Bed + Den Ranch in Country Manor 55+ Community Move right in to this bea...	2 beds \| 2 baths \| 1,441 sq.ft.	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.42% Airbnb Rental Income: $null Traditional Rental Income: $2062 Airbnb ROI: N/A Traditional ROI: 8.42%
19 N QUEEN Street Shippensburg, PA This charming colonial half of a duplex, built in 1890, is situated within the Borough of ...	3 beds \| 1 baths \| 1,280 sq.ft.	$150,000	Airbnb cash on cash: 4.19% Traditional cash on cash: 5.78% Airbnb Rental Income: $1458 Traditional Rental Income: $1255 Airbnb ROI: 4.19% Traditional ROI: 5.78%
2027 JELENA Road Shippensburg, PA PRICE REDUCED! Sellers offering closing cost assistance to help keep more cash in your poc...	3 beds \| 3 baths \| 2,508 sq.ft.	$409,900	Airbnb cash on cash: 0.37% Traditional cash on cash: 5.39% Airbnb Rental Income: $1458 Traditional Rental Income: $2954 Airbnb ROI: 0.37% Traditional ROI: 5.39%
409 WILLIAM DRIVE Shippensburg, PA Welcome Home to 2-Story Comfort in Shippensburg! This beautiful 4-bedroom, 2.5-bath home o...	4 beds \| 4 baths \| 3,931 sq.ft.	$549,999	Airbnb cash on cash: 0.46% Traditional cash on cash: 1.75% Airbnb Rental Income: $2071 Traditional Rental Income: $2198 Airbnb ROI: 0.46% Traditional ROI: 1.75%
84 LANTERN Lane Shippensburg, PA Located in the desirable 55+ gated community of Country Manor, this well-kept 2 bedroom 2 ...	2 beds \| 2 baths \| 1,438 sq.ft.	$184,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.9% Airbnb Rental Income: $null Traditional Rental Income: $1681 Airbnb ROI: N/A Traditional ROI: 3.9%
9 QUEEN Street N Shippensburg, PA **BRING YOUR OFFER! This historic charming home in the heart of downtown Shippensburg offe...	4 beds \| 2 baths \| 2,016 sq.ft.	$239,000	Airbnb cash on cash: 4.34% Traditional cash on cash: 9.5% Airbnb Rental Income: $2071 Traditional Rental Income: $2701 Airbnb ROI: 4.34% Traditional ROI: 9.5%
34 MICHAEL Court Shippensburg, PA Welcome to this beautifully maintained, low-maintenance, one-level home located in a desir...	2 beds \| 2 baths \| 1,524 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.39% Airbnb Rental Income: $null Traditional Rental Income: $2270 Airbnb ROI: N/A Traditional ROI: 8.39%
30 WYRICK Avenue Shippensburg, PA Charming Cape Cod Retreat - Fully Furnished & Move-In Ready! Welcome to this beautifully m...	3 beds \| 1 baths \| 1,344 sq.ft.	$274,900	Airbnb cash on cash: 1.81% Traditional cash on cash: 4.48% Airbnb Rental Income: $1458 Traditional Rental Income: $1719 Airbnb ROI: 1.81% Traditional ROI: 4.48%
108 BAKER AND RUSSELL Drive Shippensburg, PA UNDER CONSTRUCTION, expected to be completed by end of November. New construction in close...	4 beds \| 3 baths \| 2,140 sq.ft.	$419,900	Airbnb cash on cash: 1.87% Traditional cash on cash: 5.41% Airbnb Rental Income: $2071 Traditional Rental Income: $2929 Airbnb ROI: 1.87% Traditional ROI: 5.41%
708 BALTIMORE Road Shippensburg, PA Welcome to 708 Baltimore Rd, a spacious all-brick home with solid bones and tons of potent...	4 beds \| 3 baths \| 1,845 sq.ft.	$243,000	Airbnb cash on cash: 4% Traditional cash on cash: 10.47% Airbnb Rental Income: $2071 Traditional Rental Income: $3023 Airbnb ROI: 4% Traditional ROI: 10.47%
989 ASHTON Drive Shippensburg, PA This inviting 1,700 sq. ft. raised rancher blends comfort, convenience, and charm - all ju...	3 beds \| 1 baths \| 1,876 sq.ft.	$259,995	Airbnb cash on cash: 2.01% Traditional cash on cash: 7.31% Airbnb Rental Income: $1458 Traditional Rental Income: $2328 Airbnb ROI: 2.01% Traditional ROI: 7.31%
1123 ASHTON DRIVE Shippensburg, PA Motivated Seller-open to negotiating buyer's closing cost assistance, with an acceptable o...	3 beds \| 3 baths \| 1,752 sq.ft.	$299,900	Airbnb cash on cash: 1.33% Traditional cash on cash: 6.5% Airbnb Rental Income: $1458 Traditional Rental Income: $2484 Airbnb ROI: 1.33% Traditional ROI: 6.5%
1768 ORRSTOWN Road Shippensburg, PA Great investment opportunity in Shippensburg! This well-maintained duplex offers both inco...	N/A beds \| N/A baths \| 2,900 sq.ft.	$189,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.1% Airbnb Rental Income: $null Traditional Rental Income: $1471 Airbnb ROI: N/A Traditional ROI: 5.1%
200 S PENN Street Shippensburg, PA 200 South Penn St offers a unique opportunity in the heart of Shippensburg recently refres...	N/A beds \| N/A baths \| 2,042 sq.ft.	$187,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.27% Airbnb Rental Income: $null Traditional Rental Income: $957 Airbnb ROI: N/A Traditional ROI: 2.27%
1327 BALTIMORE ROAD Shippensburg, PA Do not miss this Opportunity!! Tucked among mature trees just two miles from downtown Ship...	4 beds \| 5 baths \| 2,094 sq.ft.	$767,500	Airbnb cash on cash: 0.41% Traditional cash on cash: 1.34% Airbnb Rental Income: $2071 Traditional Rental Income: $2209 Airbnb ROI: 0.41% Traditional ROI: 1.34%
338 E KING STREET E Shippensburg, PA Excellent opportunity to own a fully leased single-family rental home in Shippensburg. Thi...	4 beds \| 1 baths \| 1,827 sq.ft.	$160,000	Airbnb cash on cash: 6.64% Traditional cash on cash: 7.43% Airbnb Rental Income: $2071 Traditional Rental Income: $1658 Airbnb ROI: 6.64% Traditional ROI: 7.43%
108 CARDINAL DRIVE Shippensburg, PA 2BR-2 -1/2BA town house close and convenient to everything. Low 89$/month HOA fee covers l...	2 beds \| 2 baths \| 1,856 sq.ft.	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.04% Airbnb Rental Income: $null Traditional Rental Income: $2260 Airbnb ROI: N/A Traditional ROI: 5.04%
22 BURKE DRIVE Shippensburg, PA Come see this like-new home located in the 55+ community of Shippensburg Village. Spend mo...	3 beds \| 2 baths \| 1,456 sq.ft.	$240,000	Airbnb cash on cash: 2.08% Traditional cash on cash: 6.98% Airbnb Rental Income: $1458 Traditional Rental Income: $2139 Airbnb ROI: 2.08% Traditional ROI: 6.98%
33 LANTERN LANE Shippensburg, PA Welcome to this beautiful 55+ community with a 3 Bedroom 2 Bath home and a Pond View, and ...	3 beds \| 2 baths \| 1,604 sq.ft.	$218,000	Airbnb cash on cash: 2.38% Traditional cash on cash: 7.65% Airbnb Rental Income: $1458 Traditional Rental Income: $2113 Airbnb ROI: 2.38% Traditional ROI: 7.65%
312 E GARFIELD STREET Shippensburg, PA Nestled in a charming neighborhood, this exquisite Colonial-style residence, originally bu...	3 beds \| 2 baths \| 1,334 sq.ft.	$259,000	Airbnb cash on cash: 1.84% Traditional cash on cash: 5.88% Airbnb Rental Income: $1458 Traditional Rental Income: $2013 Airbnb ROI: 1.84% Traditional ROI: 5.88%
11 IRVIN DRIVE Shippensburg, PA Step into this inviting 3-bedroom, 2.5-bath home where thoughtful design and everyday comf...	3 beds \| 3 baths \| 2,076 sq.ft.	$325,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 5.98% Airbnb Rental Income: $1458 Traditional Rental Income: $2593 Airbnb ROI: 0.85% Traditional ROI: 5.98%
11268 THORNWOOD ROAD Shippensburg, PA "Hey Ya'll" reads the front door. This Shippensburg house awaits a new family to make it H...	4 beds \| 3 baths \| 2,092 sq.ft.	$335,000	Airbnb cash on cash: 2.61% Traditional cash on cash: 6.44% Airbnb Rental Income: $2071 Traditional Rental Income: $2741 Airbnb ROI: 2.61% Traditional ROI: 6.44%
423 BRADLEY Lane Shippensburg, PA Welcome to 423 Bradley Lane, located in Shippensburg! This beautiful 4-bedroom, 2.5-bath h...	4 beds \| 3 baths \| 2,500 sq.ft.	$379,900	Airbnb cash on cash: 1.89% Traditional cash on cash: 6.15% Airbnb Rental Income: $2071 Traditional Rental Income: $3057 Airbnb ROI: 1.89% Traditional ROI: 6.15%
1047 CELESTE DRIVE Shippensburg, PA "Flexible Spaces, Fire Pit Nights, and Easy Living" If you're tired of scrolling past the ...	3 beds \| 2 baths \| 1,638 sq.ft.	$295,000	Airbnb cash on cash: 1.49% Traditional cash on cash: 5.97% Airbnb Rental Income: $1458 Traditional Rental Income: $2269 Airbnb ROI: 1.49% Traditional ROI: 5.97%
109 CENTRAL Way Shippensburg, PA LOW MAINTENANCE LIVING... in this lovely, interior 2 bedroom, 2 bath townhome in Thornwood...	2 beds \| 2 baths \| 1,170 sq.ft.	$230,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.85% Airbnb Rental Income: $null Traditional Rental Income: $1815 Airbnb ROI: N/A Traditional ROI: 5.85%
112 MILKY Way Shippensburg, PA Welcome to this pleasant 4-bedroom, 2.5-bath home that blends comfort, convenience, and ro...	4 beds \| 3 baths \| 1,861 sq.ft.	$389,900	Airbnb cash on cash: 1.98% Traditional cash on cash: 5.15% Airbnb Rental Income: $2071 Traditional Rental Income: $2695 Airbnb ROI: 1.98% Traditional ROI: 5.15%
513 N MORRIS ST Shippensburg, PA Endless possibilities await in this spacious open floor plan featuring 3 bedrooms, 2.5 bat...	3 beds \| 3 baths \| 2,340 sq.ft.	$299,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 7.76% Airbnb Rental Income: $1458 Traditional Rental Income: $2942 Airbnb ROI: 0.95% Traditional ROI: 7.76%

Real Estate investment in Shippensburg, PA

There are 32 properties for sale in the city of Shippensburg . The median list price in Shippensburg is $241,500 and the average price per square foot is $135. In December 2025, the average monthly cash on cash return in Shippensburg is 6.00%. The average monthly rental income in Shippensburg is $2,169.

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

There are 32 investment properties available for sale in Shippensburg.

In 2025, 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 $2,169.

Your search for investment property begins and ends here

Investment Property for Sale in Shippensburg, PA

15 COURTNEY DRIVE

Shippensburg, PA

2 beds | 2 baths | 1,144 sq.ft.

$269,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.27%

Airbnb Rental Income: $null

Traditional Rental Income: $1661

Airbnb ROI: N/A

Traditional ROI: 4.27%

341 AIRPORT Road

Shippensburg, PA

3 beds | 1 baths | N/A

$199,900

Airbnb cash on cash: 2.8%

Traditional cash on cash: 5.3%

Airbnb Rental Income: $1458

Traditional Rental Income: $1501

Airbnb ROI: 2.8%

Traditional ROI: 5.3%

14 W BURD Street

Shippensburg, PA

4 beds | 3 baths | 1,440 sq.ft.

$209,900

Airbnb cash on cash: 5.26%

Traditional cash on cash: 10.8%

Airbnb Rental Income: $2071

Traditional Rental Income: $2641

Airbnb ROI: 5.26%

Traditional ROI: 10.8%

320 FORT STREET

Shippensburg, PA

3 beds | 2 baths | 1,242 sq.ft.

$164,900

Airbnb cash on cash: 4.08%

Traditional cash on cash: 9.38%

Airbnb Rental Income: $1458

Traditional Rental Income: $1860

Airbnb ROI: 4.08%

Traditional ROI: 9.38%

733 FIRESIDE DRIVE

Shippensburg, PA

2 beds | 2 baths | 1,100 sq.ft.

$200,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.95%

Airbnb Rental Income: $null

Traditional Rental Income: $1594

Airbnb ROI: N/A

Traditional ROI: 4.95%

38 LANTERN Lane

Shippensburg, PA

2 beds | 2 baths | 1,441 sq.ft.

$200,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.42%

Airbnb Rental Income: $null

Traditional Rental Income: $2062

Airbnb ROI: N/A

Traditional ROI: 8.42%

19 N QUEEN Street

Shippensburg, PA

3 beds | 1 baths | 1,280 sq.ft.

$150,000

Airbnb cash on cash: 4.19%

Traditional cash on cash: 5.78%

Airbnb Rental Income: $1458

Traditional Rental Income: $1255

Airbnb ROI: 4.19%

Traditional ROI: 5.78%

2027 JELENA Road

Shippensburg, PA

3 beds | 3 baths | 2,508 sq.ft.

$409,900

Airbnb cash on cash: 0.37%

Traditional cash on cash: 5.39%

Airbnb Rental Income: $1458

Traditional Rental Income: $2954

Airbnb ROI: 0.37%