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
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: 4.01% Traditional cash on cash: 5.3% Airbnb Rental Income: $1735 Traditional Rental Income: $1501 Airbnb ROI: 4.01% Traditional ROI: 5.3%
14 W BURD STREET Shippensburg, PA Great location, Offs street parking, walking distance to the University and shopping 4 bed...	4 beds \| 3 baths \| 1,440 sq.ft.	$249,900	Airbnb cash on cash: 4.37% Traditional cash on cash: 8.95% Airbnb Rental Income: $2098 Traditional Rental Income: $2641 Airbnb ROI: 4.37% Traditional ROI: 8.95%
38 LANTERN LANE Shippensburg, PA Welcome to easy, one-level living in the heart of Country Manor, a desirable 55+ community...	2 beds \| 2 baths \| 1,441 sq.ft.	$202,500	Airbnb cash on cash: 4.04% Traditional cash on cash: 8.31% Airbnb Rental Income: $1716 Traditional Rental Income: $2062 Airbnb ROI: 4.04% 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: 0.95% Traditional cash on cash: 5.31% Airbnb Rental Income: $1735 Traditional Rental Income: $2954 Airbnb ROI: 0.95% Traditional ROI: 5.31%
2038 JELENA ROAD Shippensburg, PA Step into modern living in this stunning 3-bedroom, 2.5-bath home built in 2020. The open-...	3 beds \| 3 baths \| 2,190 sq.ft.	$389,900	Airbnb cash on cash: 1.04% Traditional cash on cash: 2.25% Airbnb Rental Income: $1735 Traditional Rental Income: $1700 Airbnb ROI: 1.04% Traditional ROI: 2.25%
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: 1.4% Traditional cash on cash: 3.9% Airbnb Rental Income: $1716 Traditional Rental Income: $1681 Airbnb ROI: 1.4% 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	$239,900	Airbnb cash on cash: 3.14% Traditional cash on cash: 3.98% Airbnb Rental Income: $1735 Traditional Rental Income: $1449 Airbnb ROI: 3.14% Traditional ROI: 3.98%
18 LANTERN LANE Shippensburg, PA Very nicely maintained home with a great floorplan. This one includes a sunroom and privat...	3 beds \| 2 baths \| 1,424 sq.ft.	$198,500	Airbnb cash on cash: 4.22% Traditional cash on cash: 8.18% Airbnb Rental Income: $1735 Traditional Rental Income: $2003 Airbnb ROI: 4.22% Traditional ROI: 8.18%
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: 4.44% Traditional cash on cash: 9.5% Airbnb Rental Income: $2098 Traditional Rental Income: $2701 Airbnb ROI: 4.44% Traditional ROI: 9.5%
700 REMINGTON DRIVE Shippensburg, PA The designers of this elegant custom brick Colonial home blended architectural treasures w...	3 beds \| 3 baths \| 2,961 sq.ft.	$575,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 3.66% Airbnb Rental Income: $1735 Traditional Rental Income: $3045 Airbnb ROI: 0.33% Traditional ROI: 3.66%
38 N EARL STREET Shippensburg, PA 3-unit multifamily rental located in downtown Shippensburg walking distance to Shippensbur...	N/A beds \| N/A baths \| 2,600 sq.ft.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.02% Airbnb Rental Income: $null Traditional Rental Income: $1691 Airbnb ROI: N/A Traditional ROI: 6.02%
212 WALNUT DALE ROAD Shippensburg, PA "ENJOY QUIET LUXURIOUS OUTDOORS"...Spacious rancher with split plan situated on nearly 2 a...	4 beds \| 4 baths \| 2,924 sq.ft.	$549,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 4.12% Airbnb Rental Income: $2098 Traditional Rental Income: $3220 Airbnb ROI: 0.89% Traditional ROI: 4.12%
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: 3.55% Traditional cash on cash: 8.39% Airbnb Rental Income: $1716 Traditional Rental Income: $2270 Airbnb ROI: 3.55% Traditional ROI: 8.39%
302 E ORANGE STREET Shippensburg, PA Welcome to 302 E Orange Street, a spacious 5-bedroom, 3-bath home in the heart of Shippens...	5 beds \| 3 baths \| 2,898 sq.ft.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.82% Airbnb Rental Income: $null Traditional Rental Income: $3201 Airbnb ROI: N/A Traditional ROI: 7.82%
30 WYRICK AVENUE Shippensburg, PA Charming Cape Cod Retreat Fully Furnished & Move-In Ready! Welcome to this beautifully ma...	3 beds \| 1 baths \| 1,344 sq.ft.	$280,000	Airbnb cash on cash: 2.63% Traditional cash on cash: 4.38% Airbnb Rental Income: $1735 Traditional Rental Income: $1719 Airbnb ROI: 2.63% Traditional ROI: 4.38%
521 W KING STREET #H Shippensburg, PA REDUCED!!Easy living at its best! This charming 2nd-level 2 bed, 1 bath condo offers the c...	2 beds \| 1 baths \| 816 sq.ft.	$166,900	Airbnb cash on cash: 4.72% Traditional cash on cash: 4.85% Airbnb Rental Income: $1716 Traditional Rental Income: $1263 Airbnb ROI: 4.72% Traditional ROI: 4.85%
301 FAYETTE STREET S Shippensburg, PA Newly renovated house in great location next to youth baseball field, close to restaurants...	3 beds \| 2 baths \| 1,632 sq.ft.	$259,000	Airbnb cash on cash: 2.91% Traditional cash on cash: 6.91% Airbnb Rental Income: $1735 Traditional Rental Income: $2235 Airbnb ROI: 2.91% Traditional ROI: 6.91%
8044 WHITE CHURCH ROAD Shippensburg, PA Welcome to this well-built 3-bedroom, 2-bath brick rancher offering over 1,600 sq ft of ma...	3 beds \| 2 baths \| 1,655 sq.ft.	$279,900	Airbnb cash on cash: 2.52% Traditional cash on cash: 5.86% Airbnb Rental Income: $1735 Traditional Rental Income: $2137 Airbnb ROI: 2.52% Traditional ROI: 5.86%
108 BAKER AND RUSSELL DRIVE Shippensburg, PA UNDER CONSTRUCTION, expected to be completed by end of November. New construction in clos...	4 beds \| 3 baths \| 2,140 sq.ft.	$419,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 5.42% Airbnb Rental Income: $2098 Traditional Rental Income: $2929 Airbnb ROI: 1.93% Traditional ROI: 5.42%
333 WALNUT STREET Shippensburg, PA Welcome to 333 Walnut Street, Shippensburg! Built in 1938, this cherished home has only ha...	3 beds \| 2 baths \| 1,634 sq.ft.	$225,000	Airbnb cash on cash: 3.01% Traditional cash on cash: 7.27% Airbnb Rental Income: $1735 Traditional Rental Income: $2164 Airbnb ROI: 3.01% Traditional ROI: 7.27%
516 N EARL STREET Shippensburg, PA Welcome to your private retreat in the heart of Shippensburg. Situated on a beautifully la...	4 beds \| 3 baths \| 2,475 sq.ft.	$425,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 5.72% Airbnb Rental Income: $2098 Traditional Rental Income: $3116 Airbnb ROI: 1.81% Traditional ROI: 5.72%
180 STONY POINT AVENUE Shippensburg, PA Great news! Sellers are offering concessions that may be used toward closing costs, an int...	4 beds \| 3 baths \| 2,250 sq.ft.	$439,900	Airbnb cash on cash: 1.67% Traditional cash on cash: 4.85% Airbnb Rental Income: $2098 Traditional Rental Income: $2871 Airbnb ROI: 1.67% Traditional ROI: 4.85%
2313 LINDSAY LOT ROAD Shippensburg, PA Tucked at the end of the lane, this 1.5 acre property features a 3 bedroom 1 full bath sin...	3 beds \| 1 baths \| N/A	$315,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 3.95% Airbnb Rental Income: $1735 Traditional Rental Income: $1733 Airbnb ROI: 2.34% Traditional ROI: 3.95%

Real Estate investment in Shippensburg, PA

There are 23 properties for sale in the city of Shippensburg . The median list price in Shippensburg is $249,900 and the average price per square foot is $130. In September 2025, the average monthly cash on cash return in Shippensburg is 6.00%. The average monthly rental income in Shippensburg is $2,137.

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

There are 23 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 $2,137.

Your search for investment property begins and ends here

Investment Property for Sale in Shippensburg, PA

341 AIRPORT ROAD

Shippensburg, PA

3 beds | 1 baths | N/A

$199,900

Airbnb cash on cash: 4.01%

Traditional cash on cash: 5.3%

Airbnb Rental Income: $1735

Traditional Rental Income: $1501

Airbnb ROI: 4.01%

Traditional ROI: 5.3%

14 W BURD STREET

Shippensburg, PA

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

$249,900

Airbnb cash on cash: 4.37%

Traditional cash on cash: 8.95%

Airbnb Rental Income: $2098

Traditional Rental Income: $2641

Airbnb ROI: 4.37%

Traditional ROI: 8.95%

38 LANTERN LANE

Shippensburg, PA

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

$202,500

Airbnb cash on cash: 4.04%

Traditional cash on cash: 8.31%

Airbnb Rental Income: $1716

Traditional Rental Income: $2062

Airbnb ROI: 4.04%

Traditional ROI: 8.31%

2027 JELENA ROAD

Shippensburg, PA

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

$415,000

Airbnb cash on cash: 0.95%

Traditional cash on cash: 5.31%

Airbnb Rental Income: $1735

Traditional Rental Income: $2954

Airbnb ROI: 0.95%

Traditional ROI: 5.31%

2038 JELENA ROAD

Shippensburg, PA

3 beds | 3 baths | 2,190 sq.ft.

$389,900

Airbnb cash on cash: 1.04%

Traditional cash on cash: 2.25%

Airbnb Rental Income: $1735

Traditional Rental Income: $1700

Airbnb ROI: 1.04%

Traditional ROI: 2.25%

84 LANTERN LANE

Shippensburg, PA

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

$184,900

Airbnb cash on cash: 1.4%

Traditional cash on cash: 3.9%

Airbnb Rental Income: $1716

Traditional Rental Income: $1681

Airbnb ROI: 1.4%

Traditional ROI: 3.9%

209 BAKER & RUSSELL DRIVE

Shippensburg, PA

3 beds | 3 baths | N/A

$239,900

Airbnb cash on cash: 3.14%

Traditional cash on cash: 3.98%

Airbnb Rental Income: $1735

Traditional Rental Income: $1449

Airbnb ROI: 3.14%

Traditional ROI: 3.98%

18 LANTERN LANE

Shippensburg, PA

3 beds | 2 baths | 1,424 sq.ft.

$198,500

Airbnb cash on cash: 4.22%

Traditional cash on cash: 8.18%

Airbnb Rental Income: $1735

Traditional Rental Income: $2003

Airbnb ROI: 4.22%