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Four-Unit Multifamily Property
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212 Quarry St, Whitehall, PA 18052

Four-unit multifamily building offered for sale as a residential income property.

Property Size5,850 SF
Price / SF$68.21
Days on Market79

Property Features for 212 Quarry St

General Information

Standard status Active
Size 5,850 SF
Property subtype Multifamily

Additional Details

Multifamily Units 4

Building Details

Units 4
Listing Agency: Hanna Commercial Real Estate Cleveland
Listed By: Doug Frederick, GRI, CRB · License #OH
Source: Crexi
Added: Jul 20 Changed: Sep 10 Last Checked: Oct 5 at 6:57PM

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 Hanna Commercial Real Estate Cleveland

Investment Insights

Based on property information with market context.

This four-unit multifamily property is offered for sale as a residential income asset. The building is configured as four separate units within a single multifamily structure.

The property is located at 212 Quarry St in Fullerton, PA 18052, and is presented as a quadplex-style rental configuration.

With a total property size of 5,850, this offering is suited for buyers seeking a small, four-unit residential income investment.

Key Highlights

  • Four‑unit multifamily building offered for sale as a residential income property.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,174
Cap Rate
8.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,480 $683.5K
Cap Rate 7%
$488,200 $488.2K
Cap Rate 9%
$379,711 $379.7K
Market Conditions
NOI Build-Up for 5,850 SF
Gross rent
$67.4K $11.52/SF
− Vacancy
−$5.3K −$0.90/SF
EGI
$62.1K $10.62/SF
− OpEx
−$28.0K −$4.78/SF
NOI
$34.2K $5.84/SF
Area
Lehigh County, PA
Vacancy
7.80%
Lease Rate
$11.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,480
Cap Rate 7%
$488,200
Cap Rate 9%
$379,711

Alternative Uses

Best Use
Multifamily LT 5
$559.0K
$489.1K – $652.2K (±1% cap)
NOI $39,129 @ 7.0% cap · market cap 9.81%
Second Best
Apartment 5plus
$488.2K
$427.2K – $569.6K (±1% cap)
NOI $34,174 @ 7.0% cap · market cap 8.56%
Theoretical Best
Mixed Use
$860.3K
$752.7K – $1.00M (±1% cap)
NOI $60,218 @ 7.0% cap · market cap 15.09%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Auto Parts Store Accounting Firm Storage Facility Gym & Fitness Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby

Demographics for 18052, PA

29,317
Population
12,193
Households
2.4
Avg Household Size
42
Median Age
27%
College-Educated
92%
High-School Grad
12.8 sq mi
ZIP Area
2,290
Density / Sq Mi
$69,499
Median Household Income
$39,491
Median Earnings
$1,387
Median Rent
$247,100
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit multifamily building offered for sale as a residential income property.
Where is this quadplex located?
The property is located at 212 Quarry St Whitehall, PA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Four‑unit multifamily building offered for sale as a residential income property.
More about this property
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