Duplex with Fenced
New
For Sale
$190,000
132 2nd Street, Catasauqua, PA 18032
Two-story residential income property with separate stair access, flexible interior spaces, and a detached storage shed.
Property Size1,484 SF
Days on Market5
Property Features for 132 2nd Street
General Information
Standard status
Active
Size
1,484 SF
Property subtype
Duplex
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,706
Building Details
Building Size
1,484 SF
Year Built
1890
Buildings
1
Listing Agency:
RE/MAX Real Estate
(610) 770-9000
Listed By:
Creighton Faust
Source:
Bhhspaulfordrealtors
Added: Jul 31
Changed: Aug 4
Last Checked: Aug 4 at 6:40AM
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 RE/MAX Real Estate
Investment Insights
Based on property information with market context.
This duplex dates to 1890 and offers a broad two-story layout with multiple living areas, an eat-in kitchen with substantial cabinetry, two full bathrooms, and a laundry or mudroom area. Two stairways serve the upper level, adding flexibility to the floor plan. The property is being sold as-is and requires cosmetic improvements and repairs.
Outdoor features include a fully enclosed backyard, mature shade trees, and a storage shed. The yard provides usable space for pets, gardening, or outdoor activities. The interior configuration and separate stair access may support a range of residential income or owner-occupant arrangements, subject to the buyer’s evaluation and applicable requirements.
Outdoor features include a fully enclosed backyard, mature shade trees, and a storage shed. The yard provides usable space for pets, gardening, or outdoor activities. The interior configuration and separate stair access may support a range of residential income or owner-occupant arrangements, subject to the buyer’s evaluation and applicable requirements.
Key Highlights
- Duplex classification with a two‑story interior layout
- 1890 construction
- Two full bathrooms and an eat‑in kitchen
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $15.3k | $10.32 |
| − Vacancy | −$1.1k | −$0.76 |
| EGI | $14.2k | $9.56 |
| − OpEx | −$4.3k | −$2.87 |
| NOI | $9.9k | $6.69 |
1,484 SF · lease $10.32/SF/yr · vacancy 7.41% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$141.8K
$124.1K – $165.4K
NOI $9,926 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$123.8K
$108.4K – $144.5K
NOI $8,669 @ 7.0% cap · market cap 4.56%
Theoretical Best
Mixed Use
$218.2K
$191.0K – $254.6K
NOI $15,276 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
497
Businesses Nearby
Explore this area
Business Placement
Demographics for 18032, PA
9,489
Population
4,142
Households
2.3
Avg Household Size
40
Median Age
30%
College-Educated
94%
High-School Grad
2.0 sq mi
ZIP Area
4,745
Density / Sq Mi
$79,700
Median Household Income
$47,066
Median Earnings
$1,078
Median Rent
$213,500
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-story residential income property with separate stair access, flexible interior spaces, and a detached storage shed.
Where is this duplex located?
The property is located at 132 2nd Street Catasauqua, PA.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Duplex classification with a two‑story interior layout; 1890 construction; Two full bathrooms and an eat‑in kitchen
