Two-Building Multifamily with Commercial
For Sale
$890,000
164 -168 W Main Street, Kutztown, PA 19530
MULTI_FAMILY - Kutztown Boro, PA
Property Size13,186 SF
Lot Size0.21 Acres
Price / SF$67.50
Days on Market465
Property Features for 164 -168 W Main Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
Commercial
Parking
12
Parking features
Parking Lot
Subdivision
Not in Development
Directions
From Rt-222 Kutztown Bypass, take Rt-737 exit. Turn south on Krumsville Rd, which becomes Greenwich St. At T-Stop at Main St, turn right. Properties will be on your left. To rear parking, take first left on Nobel St, then left on Sander Alley.
Standard status
Active
APN
55544308875520
Size
13,186 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Annual Amount
11154
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public
Building Details
Year built
1890
Number of units
8
Building materials
Brick, BrickVeneer
Listing Agency:
Howard Hanna TheFrederickGroup
(610) 398-0411
Listed By:
Carrie C. Ward · License #AB069092
(610) 398-0411
Added: May 5, 2025
Changed: Aug 1
Last Checked: Aug 11 at 11:06PM
MLS# 756495
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Two-building multifamily package on two parcels featuring 6 residential units and 2 commercial units. The property is nearly fully rented, with 1 unit currently being filled. Residential updates include renovations to five of the six residential units, and one commercial space was brought up to code. Updates also include converting an oil furnace to gas. The parking lot was paved and lined recently.
Both commercial leases have been extended, including one term of 3 years and another term of 10 years. The offering is approved for both apartment and student rental uses. The buildings are located in Kutztown’s historic downtown area and are within walking distance to Kutztown University. Parking is provided via a parking lot.
The property was built in 1890 and features brick and brick veneer construction. Public water and public sewer service are available. For underwriting, the listing references a 10.27% CAP rate based on rents and expenses. Proof of funding is required to schedule a showing, and a 48-hour mandatory tenant notice period applies to tenant leases.
Both commercial leases have been extended, including one term of 3 years and another term of 10 years. The offering is approved for both apartment and student rental uses. The buildings are located in Kutztown’s historic downtown area and are within walking distance to Kutztown University. Parking is provided via a parking lot.
The property was built in 1890 and features brick and brick veneer construction. Public water and public sewer service are available. For underwriting, the listing references a 10.27% CAP rate based on rents and expenses. Proof of funding is required to schedule a showing, and a 48-hour mandatory tenant notice period applies to tenant leases.
Key Highlights
- Nearly fully rented package with 6 residential units and 2 commercial units; 1 unit being filled
- Commercial leases extended for 3 years and 10 years; 48‑hour mandatory tenant notice required
- Five of six residential units renovated; one commercial space brought up to code
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
579
Businesses Nearby
Explore this area
Business Placement
Demographics for 19530, PA
14,830
Population
4,921
Households
3
Avg Household Size
30
Median Age
34%
College-Educated
93%
High-School Grad
54.6 sq mi
ZIP Area
272
Density / Sq Mi
$74,138
Median Household Income
$20,122
Median Earnings
$1,158
Median Rent
$265,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Package of two buildings on two parcels offering 6 residential units and 2 commercial spaces, nearly fully rented.
Where is this apartment building located?
The property is located at 164 -168 W Main Street Kutztown, PA.
What is the asking price?
The asking price for this property is $890,000.
What are key features of this property?
This property features: Nearly fully rented package with 6 residential units and 2 commercial units; 1 unit being filled; Commercial leases extended for 3 years and 10 years; 48‑hour mandatory tenant notice required; Five of six residential units renovated; one commercial space brought up to code
