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Duplex with Three-Car Garage
For Sale
Under Contract
$189,900

198 HANOVER Street, Northumberland, PA 17857

Multi-Family, Duplex, Northumberland, PA

Property Size1,238 SF
Lot Size0.14 Acres
Price / SF$153.39
Days on Market139

Property Features for 198 HANOVER Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Basement, Bathroom 1, Bathroom 2, Bedroom 1
Basement Full
Subdivision 0-None
Elementary school district Shikellamy
Middle school district Shikellamy
High school district Shikellamy
Directions from route 11, Right onto Hanover St, on the corner of Hanover and 2nd streets Northumberland
Standard status Active Under Contract
APN 02-037-012-432
Size 1,238 SF
Lot size 0.14 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 1036

Utilities

Heating system Natural Gas, Hot Water(Heating)
Water source Public

Building Details

Year built 1900
Number of units 2
Building materials Block, Frame
Roof type Metal
Architectural style Other
Listing Agency: SQUARE DIEHL REALTY INC
Listed By: Wendy K Wiest · License #RS227244L
Added: Jun 18 Changed: Nov 2 Last Checked: Nov 3 at 7:06PM
MLS# C-1619

Copyright © 2026 Central Susquehanna Valley Board of Realtors. 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 duplex includes 1,238 square feet of space on a 0.14-acre lot, along with a three-car garage and basement. The property was built in 1900 and features block and frame construction, a metal roof, newer siding, replacement windows, and a Trex deck. Interior improvements include updated plumbing and wiring, new water heaters, and refreshed bathrooms.

Zoned R and served by public water, the property is currently occupied by relatives. Natural-gas hot-water heating supports the building, while the garage and additional site area provide useful supporting space for the residential layout.

Key Highlights

  • Duplex with 1,238 square feet of building area
  • Three‑car garage plus basement
  • 0.14‑acre lot

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,270
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$185,400 $185.4K
Cap Rate 7%
$132,429 $132.4K
Cap Rate 9%
$103,000 $103.0K
Market Conditions
NOI Build-Up for 1,238 SF
Gross rent
$14.1K $11.40/SF
− Vacancy
−$871 −$0.70/SF
EGI
$13.2K $10.70/SF
− OpEx
−$4.0K −$3.21/SF
NOI
$9.3K $7.49/SF
Area
Northumberland County, PA
Vacancy
6.17%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$185,400
Cap Rate 7%
$132,429
Cap Rate 9%
$103,000

Alternative Uses

Best Use
Multifamily LT 5
$132.4K
$115.9K – $154.5K (±1% cap)
NOI $9,270 @ 7.0% cap · market cap 4.88%
Second Best
Apartment 5plus
$122.2K
$107.0K – $142.6K (±1% cap)
NOI $8,556 @ 7.0% cap · market cap 4.51%
Theoretical Best
Warehouse
$1.51M
$1.32M – $1.76M (±1% cap)
NOI $105,447 @ 7.0% cap · market cap 55.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

261
Businesses Nearby

Demographics for 17857, PA

7,743
Population
3,721
Households
2.1
Avg Household Size
47
Median Age
24%
College-Educated
92%
High-School Grad
26.7 sq mi
ZIP Area
290
Density / Sq Mi
$64,306
Median Household Income
$41,109
Median Earnings
$948
Median Rent
$191,800
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 - Updated systems and tenant-ready interiors complement the duplex layout.
Where is this duplex located?
The property is located at 198 HANOVER Street Northumberland, PA.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Duplex with 1,238 square feet of building area; Three‑car garage plus basement; 0.14‑acre lot
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