Middletown Multifamily Investment
123 E WATER Street, Middletown, PA 17057
MULTI_FAMILY - Colonial - MIDDLETOWN, PA
Property size:
1,460 SFLot size:
0.08 AcresPrice / SF:
$139/SF- Added:
- Apr 23, 2026
- Days on Market:
- 23
- Last Refresh:
- May 15 at 10:06 am
Property Features for 123 E WATER Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Interior features
- Attic, Bathroom - Tub Shower, Entry Level Bedroom, Floor Plan - Traditional, Wood Floors
- Appliances
- Refrigerator, Stove
- Standard status
- Active
- Size
- 1,460 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2789
Utilities
- Heating system
- Radiant
Building Details
- Year built
- 1900
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Colonial
Listing agent Heather Mellinger License #RS315276 (717) 371-7616
Listing office Iron Valley Real Estate of Lancaster 1834 Oregon Pike unit: 11, Lancaster, PA (717) 740-2221
Listing date Apr 23, 2026
MLS# PADA2059144
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.
HighLights
- New roof already installed.
- Separate electric meters for each unit (includes heat).
- Potential to add a second bedroom to the upstairs apartment by renovating the attic.
- First and second‑floor windows have been replaced.
- Each unit has its own outdoor space.
- Property has natural gas hot water.
Overview
This multifamily property presents an investment opportunity with potential for renovation. The property includes two units, each with separate electric service, including heat, and natural gas hot water. The owner has already invested in a new roof and replacement windows in the first- and second-floor living spaces. Each unit also features its own outdoor space. The second-floor apartment was previously rented for $800 per month, while the first-floor apartment was rented for $840 per month. The property offers the possibility of converting the attic into a second bedroom for the upstairs apartment, as the current owner intended. The property size is 1460 square feet and the lot size is 0.08 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Dauphin
- State
- Pennsylvania
- Longitude
- -76.72857
- Latitude
- 40.19961
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Multifamily property with renovation potential in Middletown, PA.
Where is this duplex located?
The property is located at 123 E WATER Street Middletown, PA.
What is the asking price?
The asking price for this property is $204,000.
What are key features of this property?
This property features: New roof already installed.; Separate electric meters for each unit (includes heat).; Potential to add a second bedroom to the upstairs apartment by renovating the attic.
