Renovated Two-Unit Duplex with
For Sale
$160,000
Pending
156 W SPRUCE STREET, Tamaqua, PA 18252
Two residential units offer a renovated layout, one occupied apartment, and a second apartment available for lease or personal use.
Property Size1,197 SF
Days on Market62
Property Features for 156 W SPRUCE STREET
General Information
Standard status
Pending
Size
1,197 SF
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Bold Realty
Listed By:
Trent L Stauffer · License #RM422216
(610) 373-8701
Source:
Cummingsrealtors
Added: Sep 4
Changed: Nov 3
Last Checked: Nov 3 at 7:21AM
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 Bold Realty
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Investment Insights
Based on property information with market context.
This two-unit duplex at 156 W Spruce Street includes renovated finishes and a detached garage. Each apartment is configured with approximately two bedrooms and one bathroom. The first-floor residence is occupied, while the second-floor unit is vacant and can be leased or used by an owner. Built in 1900, the property offers a compact two-unit configuration in Tamaqua, within Schuylkill County. Showings are scheduled by appointment, and notice is required for access to the occupied unit.
Key Highlights
- Two‑unit duplex at 156 W Spruce Street, Tamaqua, PA 18252
- Approximately two bedrooms and one bathroom in each unit
- Renovated finishes throughout the duplex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,051
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$141,020
$141.0K
Cap Rate 7%
$100,729
$100.7K
Cap Rate 9%
$78,344
$78.3K
Market Conditions
NOI Build-Up for 1,197 SF
Gross rent
$10.8K $9.00/SF
− Vacancy
−$700 −$0.59/SF
EGI
$10.1K $8.42/SF
− OpEx
−$3.0K −$2.52/SF
NOI
$7.1K $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 Rate 5%
$141,020
Cap Rate 7%
$100,729
Cap Rate 9%
$78,344
Alternative Uses
Best Use
Multifamily LT 5
$100.7K
$88.1K – $117.5K
NOI $7,051 @ 7.0% cap · market cap 4.41%
Second Best
Apartment 5plus
$93.6K
$81.9K – $109.2K
NOI $6,549 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$179.6K
$157.1K – $209.5K
NOI $12,569 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
567
Businesses Nearby
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Business Placement
Demographics for 18252, PA
11,016
Population
5,152
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
90%
High-School Grad
68.0 sq mi
ZIP Area
162
Density / Sq Mi
$61,020
Median Household Income
$37,835
Median Earnings
$922
Median Rent
$153,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer a renovated layout, one occupied apartment, and a second apartment available for lease or personal use.
Where is this duplex located?
The property is located at 156 W SPRUCE STREET Tamaqua, PA.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Two‑unit duplex at 156 W Spruce Street, Tamaqua, PA 18252; Approximately two bedrooms and one bathroom in each unit; Renovated finishes throughout the duplex
