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Two-Home Cape Cod Duplex Opportunity

105 OAK HILL Drive Middletown, PA 17057

105 OAK HILL Drive, Middletown, PA, 17057
$429,500
For Sale
$429,500

MULTI_FAMILY - Cape Cod - MIDDLETOWN, PA

Property Size3,300 SF
Lot Size0.35 Acres
Price / SF$130.15
Days on Market52

Property Features for 105 OAK HILL Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
2
Parking features
Garage - Detached
Appliances
Washer, Dryer, Oven/Range - Electric, Refrigerator, Dishwasher
Standard status
Active
Size
3,300 SF
Lot size
0.35 Acres

Taxes and HOA fees

Tax Annual Amount
7159

Utilities

Heating system
Forced Air
Cooling system
Central Air, Ductless

Building Details

Year built
1951
Number of units
2
Building materials
Aluminum Siding, Frame, Stick Built
Architectural style
Cape Cod
Listing Agency Straub & Associates Real Estate
700 Lisburn Road, Camp Hill, PA
Listed by Jack Straub · License #AB069733
Added: May 27 Checked: Jul 17 at 12:06 am
MLS# PADA2060310 Listing URL

Copyright © 2026 Bright MLS. 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.

105 Oak Hill Drive offers two fully functional homes on a single corner lot. The primary residence is a Cape Cod with 3 bedrooms and 1.5 baths, including a large upstairs den that can serve as a bedroom or home office, plus a living room, separate dining area, and an eat-in kitchen.

On the same property, a fully renovated detached ranch-style home provides an additional self-contained dwelling. It includes its own bedroom and bathroom and features updated interiors along with a brand-new mini-split HVAC system. The second home also offers a spacious bathroom with a walk-in shower.

Additional features include new appliances, a large two-car detached garage with a loft, and a rear storage/workshop. The property sits on a generous corner lot with mature trees and yard space, in an established Middletown neighborhood close to schools, shopping, and major commuter routes.

Key Highlights

  • Two fully functional homes on one corner lot, including a Cape Cod main residence and a renovated detached ranch.
  • Main home: 3 bedrooms and 1.5 baths with a large upstairs den (usable as bedroom or home office).
  • Detached ranch features its own bedroom and bathroom, including a walk‑in shower, plus renovated interior and new mini‑split HVAC.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

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.

Component $ $/SF
Gross rent $45.5k $13.80
− Vacancy −$3.5k −$1.05
EGI $42.1k $12.75
− OpEx −$12.6k −$3.83
NOI $29.5k $8.93
3,300 SF · lease $13.80/SF/yr · vacancy 7.60% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$420.8K
$368.2K – $490.9K (±1% cap)
NOI $29,455 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$375.0K
$328.1K – $437.5K (±1% cap)
NOI $26,249 @ 7.0% cap · market cap 6.11%
Theoretical Best
Specialty Retail
$6.08M
$5.32M – $7.09M (±1% cap)
NOI $425,453 @ 7.0% cap · market cap 99.06%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Skin Care Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - For sale duplex with a Cape Cod home plus a renovated detached ranch on one corner lot.
Where is this duplex located?
The property is located at 105 OAK HILL Drive Middletown, PA.
What is the asking price?
The asking price for this property is $429,500.
What are key features of this property?
This property features: Two fully functional homes on one corner lot, including a Cape Cod main residence and a renovated detached ranch.; Main home: 3 bedrooms and 1.5 baths with a large upstairs den (usable as bedroom or home office).; Detached ranch features its own bedroom and bathroom, including a walk‑in shower, plus renovated interior and new mini‑split HVAC.
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