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Ground-Level 4-Unit Quadplex
For Sale
$625,000
Pending

213 Lamplight Drive, Brodheadsville, PA 18322

Fully rented property with private patios, dedicated parking, and tenant-paid utilities.

Property Size2,460 SF
Days on Market54

Property Features for 213 Lamplight Drive

General Information

Standard status Pending
Size 2,460 SF
Property subtype Quadruplex

Taxes and HOA fees

Annual Taxes $7,986

Building Details

Building Size 2,460 SF
Year Built 1975
Listing Agency: WEICHERT Realtors Acclaim - Tannersville
Listed By: Patricia Klenke
Source: Dpcomgroup
Added: Sep 10 Changed: Oct 31 Last Checked: Nov 1 at 2:16AM

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 WEICHERT Realtors Acclaim - Tannersville

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Investment Insights

Based on property information with market context.

This 4-unit quadplex, built in 1975, offers a ground-level layout with separate patios featuring privacy panels. Each unit includes two parking spaces, while tenants pay their own utilities. The landlord is responsible for trash service, snow removal, and lawn maintenance. The property is fully rented.

Located in Brodheadsville near Routes 209, 33, and 80, the property is close to local shopping, eateries, diners, and pharmacies. A twin property next door is also available for separate purchase, providing an additional nearby property option without combining the offerings.

Key Highlights

  • 4‑unit quadplex built in 1975
  • All units are ground level with private patios and privacy panels
  • Each unit includes two parking spaces

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,924
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,480 $478.5K
Cap Rate 7%
$341,771 $341.8K
Cap Rate 9%
$265,822 $265.8K
Market Conditions
NOI Build-Up for 2,460 SF
Gross rent
$35.4K $14.40/SF
− Vacancy
−$1.2K −$0.51/SF
EGI
$34.2K $13.89/SF
− OpEx
−$10.3K −$4.17/SF
NOI
$23.9K $9.73/SF
Area
Monroe County, PA
Vacancy
3.52%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$478,480
Cap Rate 7%
$341,771
Cap Rate 9%
$265,822

Alternative Uses

Best Use
Multifamily LT 5
$341.8K
$299.1K – $398.7K (±1% cap)
NOI $23,924 @ 7.0% cap · market cap 3.83%
Second Best
Apartment 5plus
$314.9K
$275.6K – $367.4K (±1% cap)
NOI $22,046 @ 7.0% cap · market cap 3.53%
Theoretical Best
Office A
$736.3K
$644.3K – $859.0K (±1% cap)
NOI $51,542 @ 7.0% cap · market cap 8.25%
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

Location Intelligence

Trade Area within ½ mile

138
Businesses Nearby

Demographics for 18322, PA

2,511
Population
969
Households
2.6
Avg Household Size
48
Median Age
26%
College-Educated
86%
High-School Grad
6.9 sq mi
ZIP Area
364
Density / Sq Mi
$108,642
Median Household Income
$38,606
Median Earnings
$992
Median Rent
$274,000
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?
Quadplex - Fully rented property with private patios, dedicated parking, and tenant-paid utilities.
Where is this quadplex located?
The property is located at 213 Lamplight Drive Brodheadsville, PA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 4‑unit quadplex built in 1975; All units are ground level with private patios and privacy panels; Each unit includes two parking spaces
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