Two-Unit Duplex with Separate
For Sale
$170,000
1448 W KING STREET, York, PA 17404
Well-maintained duplex with two one-bedroom units and separate electric and gas utilities, plus off-street parking.
Property Size1,120 SF
Price / SF$151.79
Days on Market10
Property Features for 1448 W KING STREET
General Information
Standard status
Active
Size
1,120 SF
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
2
Amenities
off-street parking
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
House Broker Realty LLC
(717) 357-6180
Listed By:
Sherry Lease
(717) 357-6180
Source:
Cummingsrealtors
Added: Jul 24
Changed: Jul 28
Last Checked: Aug 1 at 4:49AM
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 House Broker Realty LLC
Investment Insights
Based on property information with market context.
This well-maintained two-unit duplex features two one-bedroom apartments. Each unit has separate electric and gas utilities, allowing tenants to pay their own utility costs. The second-floor unit is currently occupied by a long-term month-to-month tenant, while the first-floor unit is vacant and ready for immediate occupancy.
Located in the West York School District, the property is conveniently positioned close to shopping, dining, and major commuter routes. Off-street parking is included, supporting day-to-day convenience for tenants and owners.
The layout provides a straightforward live-in or investment setup with two independent units under separate utility billing.
Located in the West York School District, the property is conveniently positioned close to shopping, dining, and major commuter routes. Off-street parking is included, supporting day-to-day convenience for tenants and owners.
The layout provides a straightforward live-in or investment setup with two independent units under separate utility billing.
Key Highlights
- Well‑maintained 2‑unit duplex built in 1900, featuring two one‑bedroom apartments
- Second‑floor unit is occupied by a long‑term month‑to‑month tenant paying $795/month
- First‑floor unit is vacant, providing flexibility for an owner‑occupant or to rent at market rates
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 | $16.8k | $15.00 |
| − Vacancy | −$924 | −$0.83 |
| EGI | $15.9k | $14.17 |
| − OpEx | −$4.8k | −$4.25 |
| NOI | $11.1k | $9.92 |
1,120 SF · lease $15.00/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$158.8K
$138.9K – $185.2K
NOI $11,113 @ 7.0% cap · market cap 6.54%
Second Best
Apartment 5plus
$147.5K
$129.0K – $172.1K
NOI $10,323 @ 7.0% cap · market cap 6.07%
Theoretical Best
Office A
$324.3K
$283.8K – $378.3K
NOI $22,700 @ 7.0% cap · market cap 13.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
745
Businesses Nearby
Explore this area
Business Placement
Demographics for 17404, PA
37,745
Population
15,716
Households
2.4
Avg Household Size
38
Median Age
30%
College-Educated
89%
High-School Grad
21.5 sq mi
ZIP Area
1,756
Density / Sq Mi
$75,882
Median Household Income
$43,408
Median Earnings
$1,136
Median Rent
$176,200
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 - Well-maintained duplex with two one-bedroom units and separate electric and gas utilities, plus off-street parking.
Where is this duplex located?
The property is located at 1448 W KING STREET York, PA.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Well‑maintained 2‑unit duplex built in 1900, featuring two one‑bedroom apartments; Second‑floor unit is occupied by a long‑term month‑to‑month tenant paying $795/month; First‑floor unit is vacant, providing flexibility for an owner‑occupant or to rent at market rates
