Four-Unit
New
For Sale
$495,000
217 Pen Argyl Street, Pen Argyl, PA 18072
MULTI_FAMILY - Pen Argyl Boro, PA
Property Size3,268 SF
Lot Size0.07 Acres
Price / SF$151.47
Days on Market2
Property Features for 217 Pen Argyl Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
25R78
Bedrooms
9
Bathrooms
4
Half bathrooms
4
Rooms
Bedroom 9, Bedroom 3, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 8, Bedroom 2, Bathroom 3, Bedroom 7, Bedroom 4, Bathroom 4, Bedroom 1, Bathroom 1
Parking
2
Parking features
On Street, Off Street
Subdivision
Not in Development
Elementary school district
Pen Argyl
Middle school district
Pen Argyl
High school district
Pen Argyl
Directions
From Bangor: Take Market St and PA-512 S/Blue Valley Dr to S Westbrook Ave in Pen Argyl. Take E Main St to A St
Standard status
Active
APN
E8NE2D-44-3-0625
Size
3,268 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
4317
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Water source
Public
Building Details
Year built
1910
Floors in Building
2
Number of units
4
Building materials
VinylSiding
Listing Agency:
Steel City Realty
(484) 895-9005
Listed By:
Jennifer L. DeJesus · License #RM423820
(610) 217-6330
Added: Aug 5
Last Checked: Aug 6 at 2:06AM
MLS# 782008
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-unit quadplex contains 3268 square feet on a 0.068-acre parcel and was built in 1910. The building features vinyl siding, baseboard and electric heating, and a mix of on-street and off-street parking. One unit is vacant and identified as rent-ready in the property information.
Located at 217 Pen Argyl Street in Pen Argyl Boro, Pennsylvania, the property is served by public water and public sewer. The landlord currently pays water, sewer, and trash expenses. Zoning is designated 25R78.
Located at 217 Pen Argyl Street in Pen Argyl Boro, Pennsylvania, the property is served by public water and public sewer. The landlord currently pays water, sewer, and trash expenses. Zoning is designated 25R78.
Key Highlights
- Four‑unit quadplex with 3268 square feet
- One vacant, rent‑ready unit
- 0.068‑acre parcel in Pen Argyl Boro
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.3k | $10.20 |
| − Vacancy | −$2.5k | −$0.76 |
| EGI | $30.9k | $9.44 |
| − OpEx | −$9.3k | −$2.83 |
| NOI | $21.6k | $6.61 |
3,268 SF · lease $10.20/SF/yr · vacancy 7.41% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$308.6K
$270.1K – $360.1K
NOI $21,605 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$284.1K
$248.6K – $331.4K
NOI $19,886 @ 7.0% cap · market cap 4.02%
Theoretical Best
Office A
$619.8K
$542.4K – $723.2K
NOI $43,389 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
235
Businesses Nearby
Explore this area
Business Placement
Demographics for 18072, PA
6,734
Population
2,779
Households
2.4
Avg Household Size
43
Median Age
23%
College-Educated
87%
High-School Grad
14.9 sq mi
ZIP Area
452
Density / Sq Mi
$79,067
Median Household Income
$41,056
Median Earnings
$1,525
Median Rent
$244,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Residential income property with one vacant unit, public utilities, and both on-street and off-street parking.
Where is this quadplex located?
The property is located at 217 Pen Argyl Street Pen Argyl, PA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Four‑unit quadplex with 3268 square feet; One vacant, rent‑ready unit; 0.068‑acre parcel in Pen Argyl Boro
