2-Unit Duplex
For Sale
$165,000
118 S LEHIGH AVENUE, Frackville, PA 17931
Two residential units provide a combined three-bedroom, two-bathroom configuration with rental-income potential.
Property Size2,292 SF
Price / SF$71.99
Days on Market22
Property Features for 118 S LEHIGH AVENUE
General Information
Standard status
Active
Size
2,292 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Building Details
Year Built
1900
Listing Agency:
Realty One Group Alliance
(484) 784-8113
Listed By:
Nehemiah J Lindo · License #RS344732
(484) 784-8113
Source:
Cummingsrealtors
Added: Aug 2
Changed: Aug 22
Last Checked: Aug 23 at 8:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty One Group Alliance
Investment Insights
Based on property information with market context.
This duplex contains two residential units with a combined layout of 3 bedrooms and 2 full bathrooms across 2,292 square feet. Built in 1900, the property offers separate accommodations within a two-unit configuration that can support rental occupancy or owner use with additional income potential.
The property is located at 118 S Lehigh Avenue in Frackville, Pennsylvania, near local amenities, shopping, dining, and major roadways.
The property is located at 118 S Lehigh Avenue in Frackville, Pennsylvania, near local amenities, shopping, dining, and major roadways.
Key Highlights
- Two‑unit duplex configuration
- 3 bedrooms and 2 full bathrooms total
- 2,292 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,501
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$270,020
$270.0K
Cap Rate 7%
$192,871
$192.9K
Cap Rate 9%
$150,011
$150.0K
Market Conditions
NOI Build-Up for 2,292 SF
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.
Gross rent
$20.6K $9.00/SF
− Vacancy
−$1.3K −$0.59/SF
EGI
$19.3K $8.42/SF
− OpEx
−$5.8K −$2.52/SF
NOI
$13.5K $5.89/SF
Area
Schuylkill County, PA
Vacancy
6.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$270,020
Cap Rate 7%
$192,871
Cap Rate 9%
$150,011
Alternative Uses
Best Use
Multifamily LT 5
$192.9K
$168.8K – $225.0K
NOI $13,501 @ 7.0% cap · market cap 8.18%
Second Best
Apartment 5plus
$179.1K
$156.8K – $209.0K
NOI $12,540 @ 7.0% cap · market cap 7.60%
Theoretical Best
Office A
$343.8K
$300.8K – $401.1K
NOI $24,066 @ 7.0% cap · market cap 14.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
408
Businesses Nearby
Explore this area
Business Placement
Demographics for 17931, PA
8,796
Population
2,447
Households
3.6
Avg Household Size
42
Median Age
11%
College-Educated
86%
High-School Grad
5.3 sq mi
ZIP Area
1,660
Density / Sq Mi
$55,636
Median Household Income
$32,353
Median Earnings
$704
Median Rent
$116,500
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?
Duplex - Two residential units provide a combined three-bedroom, two-bathroom configuration with rental-income potential.
Where is this duplex located?
The property is located at 118 S LEHIGH AVENUE Frackville, PA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Two‑unit duplex configuration; 3 bedrooms and 2 full bathrooms total; 2,292 square feet
