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Fully Occupied Four-Unit Apartment
For Sale
Contact for pricing
Pending

424 E Broad St, Tamaqua, PA 18252

Four fully occupied two-bedroom units with recent updates and tenant-paid utilities.

Property SizeContact for details
Days on Market109

Property Features for 424 E Broad St

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Financials

Cap Rate 11%
Business Included Yes

Additional Details

Highway Access Yes
Multifamily Units 4

Building Details

Tenancy Multi
Listing Agency: eXp Commercial
Listed By: James Reardon · License #PA RS337438
Source: Crexi
Added: Apr 24 Changed: Aug 8 Last Checked: Aug 8 at 10:37AM

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 eXp Commercial

Investment Insights

Based on property information with market context.

This fully occupied four-unit apartment building includes four two-bedroom, one-bath units. The property has undergone significant recent updates, including new windows, flooring, electrical improvements, renovated kitchens, updated bathrooms, and new stainless steel appliances in two units.

Located at 424 E Broad St in Tamaqua, the building is described as being minutes from major highways and shopping. Tenants are responsible for electricity and heat, while the landlord covers taxes, insurance, and water/sewer/trash. The current occupancy is reported as 100%.

The ownership team, including one licensed real estate agent, is selling due to living approximately 1.5 hours away.

Key Highlights

  • Fully occupied 4‑unit apartment building with four 2BR/1BA units
  • Net income of $53,603 and 11% CAP at the asking price ($61,500 gross stated)
  • Recent updates include new windows, flooring, electrical, renovated kitchens and updated baths

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Garden Center Grocery & Convenience Store Electrical Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

87
Businesses Nearby

Demographics for 18252, PA

11,016
Population
5,152
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
90%
High-School Grad
68.0 sq mi
ZIP Area
162
Density / Sq Mi
$61,020
Median Household Income
$37,835
Median Earnings
$922
Median Rent
$153,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four fully occupied two-bedroom units with recent updates and tenant-paid utilities.
Where is this quadplex located?
The property is located at 424 E Broad St Tamaqua, PA.
What are key features of this property?
This property features: Fully occupied 4‑unit apartment building with four 2BR/1BA units; Net income of $53,603 and 11% CAP at the asking price ($61,500 gross stated); Recent updates include new windows, flooring, electrical, renovated kitchens and updated baths
(888) 397-7352 Call to check price and availability
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