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Duplex with Detached Garage
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 Market11

Property Features for 1625 STATE Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking 6
Parking features Garage - Detached, Driveway, On Street
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

Building Details

Year built 1915
Number of units 2
Building materials Brick, Vinyl Siding
Architectural style Other
Listing Agency: Berkshire Hathaway HomeServices Homesale Realty
Listed By: Sandy Collins · License #RS333399
Added: Oct 15 Changed: Oct 23 Last Checked: Oct 25 at 3:06AM
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 residential property contains 2,440 square feet on a 0.32-acre lot in East Petersburg. The detached one-car garage includes a half bath and additional space that can serve for storage or other uses. A backyard provides outdoor area, and the building has brick and vinyl siding, forced-air heat, and central air conditioning.

Interior features include a second kitchen and carpet. Parking options include the garage, driveway, and on-street spaces.

Key Highlights

  • Two‑unit property with 2,440 square feet
  • 0.32‑acre lot with backyard
  • Detached one‑car garage with half bath and extra 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 (±1% cap)
NOI $27,255 @ 7.0% cap · market cap 6.41%
Second Best
Apartment 5plus
$343.4K
$300.4K – $400.6K (±1% cap)
NOI $24,035 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$817.7K
$715.5K – $953.9K (±1% cap)
NOI $57,236 @ 7.0% cap · market cap 13.47%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

308
Businesses Nearby

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
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two kitchens and a separate garage with a half bath support flexible use of the property.
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 property with 2,440 square feet; 0.32‑acre lot with backyard; Detached one‑car garage with half bath and extra space
More about this property
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