Two-Unit Duplex with Rear
For Sale
$129,900
129 S WARREN STREET, Orwigsburg, PA 17961
Orwigsburg property offers separate electric service, public utilities, parking, and a level rear yard for residents.
Property Size1,582 SF
Price / SF$82.11
Days on Market11
Property Features for 129 S WARREN STREET
General Information
Standard status
Active
Size
1,582 SF
Property subtype
Duplex
Occupancy
100%
Additional Details
Utilities to Site
Yes
Amenities
rear decks
Building Details
Year Built
1900
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
BHHS Homesale Realty - Schuylkill Haven
(570) 590-6465
Listed By:
Brittany Heller · License #RS333618
(570) 590-6465
Source:
Cummingsrealtors
Added: Jul 29
Changed: Aug 2
Last Checked: Aug 8 at 9:51AM
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 BHHS Homesale Realty - Schuylkill Haven
Investment Insights
Based on property information with market context.
This 1,582-square-foot duplex, built in 1900, contains two occupied residential units on month-to-month leases. The lower apartment includes one bedroom, one bathroom, a living room with hardwood flooring, a kitchen, and laundry with a washer. Upstairs, the second unit provides two bedrooms, one full bathroom, a living room, kitchen, and laundry area.
Rear decks open to a spacious, level yard, while residents have access to both on-site and street parking. The property is served by oil heat, separate electric service, public water, and public sewer. Located at 129 S Warren Street in Orwigsburg, Pennsylvania, the duplex offers a two-unit configuration with distinct layouts and existing tenancy.
Rear decks open to a spacious, level yard, while residents have access to both on-site and street parking. The property is served by oil heat, separate electric service, public water, and public sewer. Located at 129 S Warren Street in Orwigsburg, Pennsylvania, the duplex offers a two-unit configuration with distinct layouts and existing tenancy.
Key Highlights
- Two‑unit duplex totaling 1,582 square feet
- Lower unit has 1 bedroom, 1 bath, hardwood‑floor living room, kitchen, and washer
- Upper unit includes 2 bedrooms, 1 full bath, kitchen, living room, and laundry
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
NOI $9,319 @ 7.0% cap · market cap 7.17%
Second Best
Apartment 5plus
$123.6K
$108.2K – $144.3K
NOI $8,655 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$237.3K
$207.6K – $276.9K
NOI $16,611 @ 7.0% cap · market cap 12.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Orwigsburg property offers separate electric service, public utilities, parking, and a level rear yard for residents.
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 totaling 1,582 square feet; Lower unit has 1 bedroom, 1 bath, hardwood‑floor living room, kitchen, and washer; Upper unit includes 2 bedrooms, 1 full bath, kitchen, living room, and laundry
