Three-Unit Residential
New
For Sale
$239,900
101 Pen Argyl Street, Pen Argyl, PA 18072
ResidentialIncome, Pen Argyl Boro, PA
Property Size2,144 SF
Lot Size0.18 Acres
Price / SF$111.89
Days on Market3
Property Features for 101 Pen Argyl Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
25R78
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 2
Parking
2
Subdivision
Not in Development
Elementary school district
Pen Argyl
Middle school district
Pen Argyl
High school district
Pen Argyl
Directions
From route 512 turn onto Savercool Ave, then turn right onto Pen Argyl Street
Standard status
Active
APN
E8NE2D-46-2-0625
Size
2,144 SF
Lot size
0.18 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
4064
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Window Unit(s), Ceiling Fan(s)
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
3
Building materials
AluminumSiding
Buildings
1
Listing Agency:
Country Classic Real Estate · Realty World
(570) 897-9043
Listed By:
Russell Horn
(484) 505-0592
Added: Oct 26
Last Checked: Oct 28 at 3:06AM
MLS# 786939
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,144-square-foot triplex contains three apartments: two with two bedrooms and one with a single bedroom. Each unit has a kitchen, living room, and full bathroom. The building dates to 1900 and has aluminum siding, electric heat, window air conditioning, and ceiling fans. Interior and exterior remodeling is needed, and the property is offered in its current condition. Public water and sewer serve the site.
The 0.184-acre property has both on-site and street parking. All three apartments are occupied by long-term tenants.
The 0.184-acre property has both on-site and street parking. All three apartments are occupied by long-term tenants.
Key Highlights
- Three apartments: two two‑bedroom units and one one‑bedroom unit
- 2,144 square feet on 0.184 acres
- Each unit includes a kitchen, living room, and full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,174
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,480
$283.5K
Cap Rate 7%
$202,486
$202.5K
Cap Rate 9%
$157,489
$157.5K
Market Conditions
NOI Build-Up for 2,144 SF
Gross rent
$21.9K $10.20/SF
− Vacancy
−$1.6K −$0.76/SF
EGI
$20.2K $9.44/SF
− OpEx
−$6.1K −$2.83/SF
NOI
$14.2K $6.61/SF
Area
Northampton County, PA
Vacancy
7.41%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,480
Cap Rate 7%
$202,486
Cap Rate 9%
$157,489
Alternative Uses
Best Use
Multifamily LT 5
$202.5K
$177.2K – $236.2K
NOI $14,174 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$186.4K
$163.1K – $217.5K
NOI $13,047 @ 7.0% cap · market cap 5.44%
Theoretical Best
Office A
$406.6K
$355.8K – $474.4K
NOI $28,465 @ 7.0% cap · market cap 11.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
256
Businesses Nearby
Explore this area
Business Placement
Demographics for 18072, PA
6,734
Population
2,779
Households
2.4
Avg Household Size
43
Median Age
23%
College-Educated
87%
High-School Grad
14.9 sq mi
ZIP Area
452
Density / Sq Mi
$79,067
Median Household Income
$41,056
Median Earnings
$1,525
Median Rent
$244,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - The occupied apartments comprise two two-bedroom layouts and one one-bedroom layout, each with a kitchen and full bath.
Where is this triplex located?
The property is located at 101 Pen Argyl Street Pen Argyl, PA.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Three apartments: two two‑bedroom units and one one‑bedroom unit; 2,144 square feet on 0.184 acres; Each unit includes a kitchen, living room, and full bathroom
