Two-Unit Residential Income
1352 Liberty Street Allentown, PA 18102
For Sale
Contact for pricing
Fully occupied duplex with one 2-bedroom and one 3-bedroom unit, separately metered utilities, and two off-street parking spaces.
Property Size1,882 SF
Price / SF$168.97
Days on Market42
Property Features for 1352 Liberty Street
General Information
- Standard status
- Active
- Size
- 1,882 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1910
Listing Agency:
EXP Realty
(412) 925-5551
Listed By:
Akinlana Popoola · License #RS379206
Source:
Crexi
Added: Jun 16
Changed: Jul 22
Last Checked: Jul 26 at 11:11AM
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 Realty
Investment Insights
Based on property information with market context.
Fully occupied two-unit investment property generating $30,063 in gross income and $26,043 in net income. The duplex includes one 2-bedroom unit and one 3-bedroom unit, with a functional unit mix designed for steady occupancy. The second-floor unit is arranged over two levels in a townhouse-style layout, and the top apartment features an in-unit washer and dryer.
Tenants are responsible for electric, heat, and water, with all utilities separately metered. Landlord responsibilities are limited to taxes and insurance. Additional tenant convenience includes two off-street parking spaces.
Located at 1352 Liberty Street in Allentown, PA 18102, the property is positioned for long-term rental stability within the Lehigh Valley rental market.
Tenants are responsible for electric, heat, and water, with all utilities separately metered. Landlord responsibilities are limited to taxes and insurance. Additional tenant convenience includes two off-street parking spaces.
Located at 1352 Liberty Street in Allentown, PA 18102, the property is positioned for long-term rental stability within the Lehigh Valley rental market.
Key Highlights
- Fully occupied 2‑unit duplex built in 1910, offering one 2‑bedroom unit and one 3‑bedroom unit
- Generates $30,063 in gross income and $26,043 in net income (per provided remarks)
- Top apartment includes an in‑unit washer and dryer
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 | $30.5k | $16.20 |
| − Vacancy | −$2.3k | −$1.22 |
| EGI | $28.2k | $14.99 |
| − OpEx | −$8.5k | −$4.50 |
| NOI | $19.7k | $10.49 |
1,882 SF · lease $16.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$282.0K
$246.8K – $329.0K
NOI $19,741 @ 7.0% cap · market cap 6.21%
Second Best
Apartment 5plus
$248.1K
$217.1K – $289.4K
NOI $17,365 @ 7.0% cap · market cap 5.46%
Theoretical Best
Specialty Retail
$369.7K
$323.5K – $431.4K
NOI $25,881 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully occupied duplex with one 2-bedroom and one 3-bedroom unit, separately metered utilities, and two off-street parking spaces.
Where is this duplex located?
The property is located at 1352 Liberty Street Allentown, PA.
What is the asking price?
The asking price for this property is $318,000.
What are key features of this property?
This property features: Fully occupied 2‑unit duplex built in 1910, offering one 2‑bedroom unit and one 3‑bedroom unit; Generates $30,063 in gross income and $26,043 in net income (per provided remarks); Top apartment includes an in‑unit washer and dryer
