Duplex With Finished
For Sale
$380,000
16 East Main, Pen Argyl, PA 18072
Both residences are occupied, and tenants pay their own utilities.
Property Size2,050 SF
Days on Market17
Property Features for 16 East Main
General Information
Standard status
Active
Size
2,050 SF
Property subtype
Duplex
Occupancy
100%
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,272
Amenities
finished walk-up attic
Building Details
Building Size
2,050 SF
Year Built
1870
Buildings
1
Tenancy
Multi
Listing Agency:
Realty Executives
Listed By:
Deborah Strayer · License #RS368553
(570) 476-2424
Source:
Bhhspaulfordrealtors
Added: Sep 21
Changed: Oct 2
Last Checked: Oct 6 at 12:45AM
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 Realty Executives
Investment Insights
Based on property information with market context.
This two-unit duplex in Pen Argyl has four bedrooms and two bathrooms in total. Each residence includes finished walk-up attic space, adding usable area to both units. The property was built in 1870, and both units are currently rented with tenants paying utilities.
At 16 East Main in Pen Argyl Borough, the property is near local shops, dining, services, and everyday necessities.
At 16 East Main in Pen Argyl Borough, the property is near local shops, dining, services, and everyday necessities.
Key Highlights
- Two‑unit duplex with both residences rented
- Four bedrooms and two bathrooms across the property
- Finished walk‑up attic space in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,552
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,040
$271.0K
Cap Rate 7%
$193,600
$193.6K
Cap Rate 9%
$150,578
$150.6K
Market Conditions
NOI Build-Up for 2,050 SF
Gross rent
$20.9K $10.20/SF
− Vacancy
−$1.5K −$0.76/SF
EGI
$19.4K $9.44/SF
− OpEx
−$5.8K −$2.83/SF
NOI
$13.6K $6.61/SF
Area
Northampton County, PA
Vacancy
7.41%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,040
Cap Rate 7%
$193,600
Cap Rate 9%
$150,578
Alternative Uses
Best Use
Multifamily LT 5
$193.6K
$169.4K – $225.9K
NOI $13,552 @ 7.0% cap · market cap 3.57%
Second Best
Apartment 5plus
$178.2K
$155.9K – $207.9K
NOI $12,475 @ 7.0% cap · market cap 3.28%
Theoretical Best
Office A
$388.8K
$340.2K – $453.6K
NOI $27,217 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
256
Businesses Nearby
Explore this area
Business Placement
Demographics for 18072, PA
6,734
Population
2,779
Households
2.4
Avg Household Size
43
Median Age
23%
College-Educated
87%
High-School Grad
14.9 sq mi
ZIP Area
452
Density / Sq Mi
$79,067
Median Household Income
$41,056
Median Earnings
$1,525
Median Rent
$244,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied, and tenants pay their own utilities.
Where is this duplex located?
The property is located at 16 East Main Pen Argyl, PA.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Two‑unit duplex with both residences rented; Four bedrooms and two bathrooms across the property; Finished walk‑up attic space in each unit
