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Two-Unit Brick Duplex
New
For Sale
$129,900

129 S WARREN Street, Orwigsburg, PA 17961

MULTI_FAMILY - Other - ORWIGSBURG, PA

Property Size1,582 SF
Lot Size0.07 Acres
Price / SF$82.11
Days on Market1

Property Features for 129 S WARREN Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking 2
Parking features On Street, Off Street
Elementary school district BLUE MOUNTAIN
Middle school district BLUE MOUNTAIN
High school district BLUE MOUNTAIN
Standard status Active
Size 1,582 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 1921

Utilities

Heating system Other (Heating), Hot Water(Heating), Baseboard

Amenities

rear decks
yard
laundry

Building Details

Year built 1900
Number of units 2
Building materials Brick, Vinyl Siding
Architectural style Other
Listing Agency: BHHS Homesale Realty - Schuylkill Haven · Berkshire Hathaway HomeServices
Listed By: Brittany Heller · License #RS333618
Added: Aug 11 Last Checked: Aug 11 at 5:06PM
MLS# PASK2028710

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.

This two-unit duplex contains 1582 square feet within a brick and vinyl-sided structure built in 1900. The lower residence offers one bedroom, one bathroom, a living room with hardwood flooring, and a kitchen with laundry equipment. The upper unit provides two bedrooms, one full bathroom, a living room, kitchen, and laundry area. Rear decks extend the usable outdoor space, while the level 0.07-acre lot includes on-street and off-street parking.

Both units are occupied under month-to-month leases. The property has oil heat, separate electric service, and public water and sewer. Located in Orwigsburg, the duplex presents a two-residence configuration with distinct living areas and shared site improvements.

Key Highlights

  • Two‑unit duplex at 129 S WARREN Street, Orwigsburg, PA 17961
  • 1582 square feet on a 0.07‑acre lot
  • Unit mix includes one 1‑bedroom unit and one 2‑bedroom unit

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
$9,319
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
7.17%
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%
$186,380 $186.4K
Cap Rate 7%
$133,129 $133.1K
Cap Rate 9%
$103,544 $103.5K
Market Conditions
NOI Build-Up for 1,582 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
$14.2K $9.00/SF
− Vacancy
−$925 −$0.59/SF
EGI
$13.3K $8.42/SF
− OpEx
−$4.0K −$2.52/SF
NOI
$9.3K $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%
$186,380
Cap Rate 7%
$133,129
Cap Rate 9%
$103,544

Alternative Uses

Best Use
Multifamily LT 5
$133.1K
$116.5K – $155.3K (±1% cap)
NOI $9,319 @ 7.0% cap · market cap 7.17%
Second Best
Apartment 5plus
$123.6K
$108.2K – $144.3K (±1% cap)
NOI $8,655 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$237.3K
$207.6K – $276.9K (±1% cap)
NOI $16,611 @ 7.0% cap · market cap 12.79%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Dental Office Electrical Service Plumbing Service Kitchen & Bath Showroom Big Box & Wholesale Store

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

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

295
Businesses Nearby

Demographics for 17961, PA

6,659
Population
2,907
Households
2.3
Avg Household Size
50
Median Age
35%
College-Educated
95%
High-School Grad
25.6 sq mi
ZIP Area
260
Density / Sq Mi
$96,354
Median Household Income
$63,346
Median Earnings
$925
Median Rent
$223,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Duplex - Separate electric service, public water, and sewer support the two residential units.
Where is this duplex located?
The property is located at 129 S WARREN Street Orwigsburg, PA.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Two‑unit duplex at 129 S WARREN Street, Orwigsburg, PA 17961; 1582 square feet on a 0.07‑acre lot; Unit mix includes one 1‑bedroom unit and one 2‑bedroom unit
More about this property
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