Whitehall Twp Investment
3305 Municipal Drive, Whitehall, PA 18052
MULTI_FAMILY - Whitehall Twp, PA
Property size:
5,479 SFLot size:
3.00 AcresPrice / SF:
$118/SF- Added:
- Apr 4, 2025
- Days on Market:
- 414
- Last Refresh:
- May 22 at 12:06 am
Property Features for 3305 Municipal Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- OS-1
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 3, Bathroom 1, Bedroom 6
- Parking
- 8
- Patio and Porch features
- Patio
- Exterior features
- PropaneTankOwned
- Standard status
- Active
- APN
- 549920251133001
- Size
- 5,479 SF
- Lot size
- 3.00 Acres
Taxes and HOA fees
- Tax Annual Amount
- 13783
Utilities
- Sewer type
- Public Sewer
- Heating system
- Propane (Heating)
- Water source
- Public
Building Details
- Year built
- 1840
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet
- Building materials
- Stucco
Listing agent Loren K. Keim Jr. License #RB-045762-L (877) 208-4158
Listing office CENTURY 21 Keim Realtors 90 N Cedar Crest Blvd, Allentown, PA (610) 395-0393
Listing date Apr 4, 2025
MLS# 755086
Listing URL
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.
HighLights
- Four income‑generating units across two homes on a 3‑acre parcel
- Subdivision approval in process, offering potential for further development
- Barn with potential for lease income or conversion to residential units
- Recent improvements including fresh paint, updated appliances and lighting, and replacement windows
- Additional structures include a garage and shed/workshop
- Solid construction with stucco exterior and updated support system for the barn
Overview
This property features two homes converted into four income-generating units, along with a barn, garage, and shed/workshop, all situated on a 3-acre parcel in Whitehall Township, Pennsylvania. The structures are in solid condition and have benefited from recent improvements, including fresh interior and exterior paint, updated appliances and lighting, and replacement windows. A new barn support system has also been installed. The barn offers potential for additional income through leasing or conversion into a single-family residence or a two-unit setup. The property is located in Whitehall Twp, PA. Subdivision approval from Whitehall Township is currently in process, and the sale is contingent on final approval. The property offers multi-use flexibility. The property size is 5479 square feet.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$407.2K
NOI $36,647 @ 9.00% cap · cautious / downside scenario
Moderate
$523.5K
NOI $36,647 @ 7.00% cap · market / base-case scenario
Aggressive
$732.9K
NOI $36,647 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.5k | $10.32 |
| − Vacancy | −$4.2k | −$0.76 |
| EGI | $52.4k | $9.56 |
| − OpEx | −$15.7k | −$2.87 |
| NOI | $36.6k | $6.69 |
5,479 SF · lease $10.32/SF/yr · vacancy 7.41% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$523.5K
$458.1K – $610.8K
NOI $36,647 @ 7.0% cap · market cap 5.64%
Second Best
Apartment 5plus
$457.2K
$400.1K – $533.5K
NOI $32,007 @ 7.0% cap · market cap 4.92%
Theoretical Best
Mixed Use
$805.7K
$705.0K – $940.0K
NOI $56,399 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Whitehall
- County
- Lehigh
- State
- Pennsylvania
- Longitude
- -75.5048328
- Latitude
- 40.6563602
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four income-generating units on 3 acres in Whitehall Township.
Where is this quadplex located?
The property is located at 3305 Municipal Drive Whitehall, PA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Four income‑generating units across two homes on a 3‑acre parcel; Subdivision approval in process, offering potential for further development; Barn with potential for lease income or conversion to residential units
