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.	$289,900	Airbnb cash on cash: 2.33% Traditional cash on cash: 0.89% Airbnb Rental Income: $1703 Traditional Rental Income: $837 Airbnb ROI: 2.33% Traditional ROI: 0.89%
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.	$234,900	Airbnb cash on cash: 4.44% Traditional cash on cash: 9.57% Airbnb Rental Income: $2028 Traditional Rental Income: $2641 Airbnb ROI: 4.44% Traditional ROI: 9.57%
39 COLONIAL COURT Shippensburg, PA Discover modern comfort in this beautifully maintained ranch-style home, ideally located i...	2 beds \| 2 baths \| 1,502 sq.ft.	$209,900	Airbnb cash on cash: 3.55% Traditional cash on cash: 1.58% Airbnb Rental Income: $1703 Traditional Rental Income: $837 Airbnb ROI: 3.55% Traditional ROI: 1.58%
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.	$202,500	Airbnb cash on cash: 3.98% Traditional cash on cash: 8.31% Airbnb Rental Income: $1703 Traditional Rental Income: $2062 Airbnb ROI: 3.98% Traditional ROI: 8.31%
2027 JELENA Road Shippensburg, PA REDUCED!! Like new and move-in ready! Motivated sellers due to relocation . This home was ...	3 beds \| 3 baths \| 2,508 sq.ft.	$415,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 5.31% Airbnb Rental Income: $1509 Traditional Rental Income: $2954 Airbnb ROI: 0.46% Traditional ROI: 5.31%
112 E BURD STREET Shippensburg, PA Welcome Home! This well-maintained 2-bedroom home with a new roof is located right in the ...	2 beds \| 2 baths \| 1,236 sq.ft.	$169,900	Airbnb cash on cash: 4.68% Traditional cash on cash: 5.77% Airbnb Rental Income: $1703 Traditional Rental Income: $1408 Airbnb ROI: 4.68% Traditional ROI: 5.77%
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: 1.34% Traditional cash on cash: 3.9% Airbnb Rental Income: $1703 Traditional Rental Income: $1681 Airbnb ROI: 1.34% Traditional ROI: 3.9%
209 BAKER & RUSSELL DRIVE Shippensburg, PA Welcome to This 3 bedroom, 2.5 bathroom, beautifully renovated townhouse located on the We...	3 beds \| 3 baths \| N/A	$235,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 4.09% Airbnb Rental Income: $1509 Traditional Rental Income: $1449 Airbnb ROI: 2.37% Traditional ROI: 4.09%
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: 4.18% Traditional cash on cash: 9.5% Airbnb Rental Income: $2028 Traditional Rental Income: $2701 Airbnb ROI: 4.18% Traditional ROI: 9.5%
34 MICHAEL Court Shippensburg, PA OPEN HOUSE October 25th 1pm-3pm. Offering 3 months lot rent to any accepted contract from ...	2 beds \| 2 baths \| 1,524 sq.ft.	$224,900	Airbnb cash on cash: 3.5% Traditional cash on cash: 8.39% Airbnb Rental Income: $1703 Traditional Rental Income: $2270 Airbnb ROI: 3.5% 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: 1.97% Traditional cash on cash: 4.48% Airbnb Rental Income: $1509 Traditional Rental Income: $1719 Airbnb ROI: 1.97% 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.	$419,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 5.42% Airbnb Rental Income: $2028 Traditional Rental Income: $2929 Airbnb ROI: 1.78% Traditional ROI: 5.42%
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.	$265,900	Airbnb cash on cash: 3.44% Traditional cash on cash: 9.5% Airbnb Rental Income: $2028 Traditional Rental Income: $3023 Airbnb ROI: 3.44% Traditional ROI: 9.5%
25 LIPPIZAN DRIVE Shippensburg, PA Welcome Home to 25 Lippizan Drive, located in Shippensburg, PA. New price + $10,000 Seller...	4 beds \| 2 baths \| 3,654 sq.ft.	$375,000	Airbnb cash on cash: 1.45% Traditional cash on cash: 4.35% Airbnb Rental Income: $2028 Traditional Rental Income: $2519 Airbnb ROI: 1.45% Traditional ROI: 4.35%
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: 2.18% Traditional cash on cash: 7.31% Airbnb Rental Income: $1509 Traditional Rental Income: $2328 Airbnb ROI: 2.18% Traditional ROI: 7.31%
115 MILKY Way Shippensburg, PA A Yard Perfect for Sunday Afternoon Touch Football or Practicing Your Pitching Wedge! This...	4 beds \| 3 baths \| 1,998 sq.ft.	$365,000	Airbnb cash on cash: 2.08% Traditional cash on cash: 6.03% Airbnb Rental Income: $2028 Traditional Rental Income: $2853 Airbnb ROI: 2.08% Traditional ROI: 6.03%
7 DOGWOOD DRIVE Shippensburg, PA Don't miss this beautifully maintained brick home in a quiet neighborhood just minutes fro...	4 beds \| 3 baths \| 2,860 sq.ft.	$393,700	Airbnb cash on cash: 1.96% Traditional cash on cash: 6.61% Airbnb Rental Income: $2028 Traditional Rental Income: $3219 Airbnb ROI: 1.96% Traditional ROI: 6.61%
1123 ASHTON DRIVE Shippensburg, PA Welcome to 1123 Ashton Drive Shippensburg, PA! This charming 3 bedroom, 2.5 bath split foy...	3 beds \| 3 baths \| 1,752 sq.ft.	$319,900	Airbnb cash on cash: 1.33% Traditional cash on cash: 6.04% Airbnb Rental Income: $1509 Traditional Rental Income: $2484 Airbnb ROI: 1.33% Traditional ROI: 6.04%

Real Estate investment in Shippensburg, PA

There are 18 properties for sale in the city of Shippensburg . The median list price in Shippensburg is $249,498 and the average price per square foot is $139. In October 2025, the average monthly cash on cash return in Shippensburg is 6.00%. The average monthly rental income in Shippensburg is $2,299.

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

There are 18 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 $2,299.

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.

$289,900

Airbnb cash on cash: 2.33%

Traditional cash on cash: 0.89%

Airbnb Rental Income: $1703

Traditional Rental Income: $837

Airbnb ROI: 2.33%

Traditional ROI: 0.89%

14 W BURD Street

Shippensburg, PA

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

$234,900

Airbnb cash on cash: 4.44%

Traditional cash on cash: 9.57%

Airbnb Rental Income: $2028

Traditional Rental Income: $2641

Airbnb ROI: 4.44%

Traditional ROI: 9.57%

39 COLONIAL COURT

Shippensburg, PA

2 beds | 2 baths | 1,502 sq.ft.

$209,900

Airbnb cash on cash: 3.55%

Traditional cash on cash: 1.58%

Airbnb Rental Income: $1703

Traditional Rental Income: $837

Airbnb ROI: 3.55%

Traditional ROI: 1.58%

38 LANTERN Lane

Shippensburg, PA

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

$202,500

Airbnb cash on cash: 3.98%

Traditional cash on cash: 8.31%

Airbnb Rental Income: $1703

Traditional Rental Income: $2062

Airbnb ROI: 3.98%

Traditional ROI: 8.31%

2027 JELENA Road

Shippensburg, PA

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

$415,000

Airbnb cash on cash: 0.46%

Traditional cash on cash: 5.31%

Airbnb Rental Income: $1509

Traditional Rental Income: $2954

Airbnb ROI: 0.46%

Traditional ROI: 5.31%

112 E BURD STREET

Shippensburg, PA

2 beds | 2 baths | 1,236 sq.ft.

$169,900

Airbnb cash on cash: 4.68%

Traditional cash on cash: 5.77%

Airbnb Rental Income: $1703

Traditional Rental Income: $1408

Airbnb ROI: 4.68%

Traditional ROI: 5.77%

84 LANTERN Lane

Shippensburg, PA

2 beds | 2 baths | 1,438 sq.ft.

$184,900

Airbnb cash on cash: 1.34%

Traditional cash on cash: 3.9%

Airbnb Rental Income: $1703

Traditional Rental Income: $1681

Airbnb ROI: 1.34%

Traditional ROI: 3.9%

209 BAKER & RUSSELL DRIVE

Shippensburg, PA

3 beds | 3 baths | N/A

$235,000

Airbnb cash on cash: 2.37%

Traditional cash on cash: 4.09%

Airbnb Rental Income: $1509

Traditional Rental Income: $1449

Airbnb ROI: 2.37%