Two-Unit Duplex with
New
For Sale
$425,000
1625 STATE Street, East Petersburg, PA 17520
Multi-Family, EAST PETERSBURG, PA
Property Size2,440 SF
Lot Size0.32 Acres
Price / SF$174.18
Days on Market2
Property Features for 1625 STATE Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
6
Parking features
Driveway, On Street, Garage - Detached
Interior features
2nd Kitchen, Carpet
Appliances
Dishwasher, Refrigerator, Stove
High school
HEMPFIELD
Elementary school district
HEMPFIELD
Middle school district
HEMPFIELD
High school district
HEMPFIELD
Standard status
Active
Size
2,440 SF
Lot size
0.32 Acres
Taxes and HOA fees
Tax Annual Amount
5987
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
one-car garage with half bath
generously sized backyard
Building Details
Year built
1915
Number of units
2
Building materials
Brick, Vinyl Siding
Architectural style
Other
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(717) 393-0100
Listed By:
Sandy Collins · License #RS333399
(717) 203-8431
Added: Oct 15
Changed: Oct 16
Last Checked: Oct 16 at 7:06PM
MLS# PALA2097004
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 2,440 square feet and includes a second kitchen. The detached one-car garage has a half bath and additional space that can accommodate storage or workshop activities. The property also features a backyard, driveway and on-street parking. Brick and vinyl siding make up the exterior, while the home has forced-air heat and central air conditioning.
Built in 1915, the property sits on a 0.32-acre lot in East Petersburg, Pennsylvania. Interior features include carpet and a basement.
Built in 1915, the property sits on a 0.32-acre lot in East Petersburg, Pennsylvania. Interior features include carpet and a basement.
Key Highlights
- Two‑unit duplex with 2,440 square feet
- 0.32‑acre lot in East Petersburg, Pennsylvania
- Detached one‑car garage with half bath and additional space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,255
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,100
$545.1K
Cap Rate 7%
$389,357
$389.4K
Cap Rate 9%
$302,833
$302.8K
Market Conditions
NOI Build-Up for 2,440 SF
Gross rent
$39.5K $16.20/SF
− Vacancy
−$593 −$0.24/SF
EGI
$38.9K $15.96/SF
− OpEx
−$11.7K −$4.79/SF
NOI
$27.3K $11.17/SF
Area
Lancaster County, PA
Vacancy
1.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,100
Cap Rate 7%
$389,357
Cap Rate 9%
$302,833
Alternative Uses
Best Use
Multifamily LT 5
$389.4K
$340.7K – $454.3K
NOI $27,255 @ 7.0% cap · market cap 6.41%
Second Best
Apartment 5plus
$343.4K
$300.4K – $400.6K
NOI $24,035 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$817.7K
$715.5K – $953.9K
NOI $57,236 @ 7.0% cap · market cap 13.47%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
Explore this area
Business Placement
Demographics for 17520, PA
4,863
Population
2,221
Households
2.2
Avg Household Size
41
Median Age
35%
College-Educated
93%
High-School Grad
1.8 sq mi
ZIP Area
2,702
Density / Sq Mi
$86,489
Median Household Income
$42,355
Median Earnings
$1,370
Median Rent
$252,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A detached garage features a half bath and extra room for storage or workshop use.
Where is this duplex located?
The property is located at 1625 STATE Street East Petersburg, PA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,440 square feet; 0.32‑acre lot in East Petersburg, Pennsylvania; Detached one‑car garage with half bath and additional space
