Duplex with Mixed-Commercial
New
For Sale
$280,000
218 TREMONT Road, Pine Grove, PA 17963
Multi-Family, PINE GROVE, PA
Property Size3,194 SF
Lot Size0.29 Acres
Price / SF$87.66
Days on Market1
Property Features for 218 TREMONT Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
6
Parking features
Off Street
Fireplace
1
Elementary school district
PINE GROVE AREA
Middle school district
PINE GROVE AREA
High school district
PINE GROVE AREA
Standard status
Active
Size
3,194 SF
Lot size
0.29 Acres
Taxes and HOA fees
Tax Annual Amount
2689
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1887
Number of units
2
Building materials
Combination
Architectural style
Other
Listing Agency:
BHHS Homesale Realty - Schuylkill Haven · Berkshire Hathaway HomeServices
(570) 385-3456
Listed By:
Brittany Heller · License #RS333618
(570) 590-6465
Added: Aug 24
Last Checked: Aug 24 at 6:06PM
MLS# PASK2028828
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.
Investment Insights
Based on property information with market context.
This duplex property combines a primary residence with an attached 2-bedroom rental unit, creating separate living areas within one building. The property contains 3,194 square feet and includes finished lower-level space. A former post office area occupies the lower level and may support office, studio, retail, or in-home business use subject to zoning requirements.
The 0.29-acre parcel extends to a creek and includes a private drive leading to the rear yard, along with off-street parking. Mixed Commercial zoning applies to the property. Built in 1887, the building uses hot-water heating with supplemental heat from a Harman coal/wood stove and includes a fireplace. The property is located in a flood zone.
The 0.29-acre parcel extends to a creek and includes a private drive leading to the rear yard, along with off-street parking. Mixed Commercial zoning applies to the property. Built in 1887, the building uses hot-water heating with supplemental heat from a Harman coal/wood stove and includes a fireplace. The property is located in a flood zone.
Key Highlights
- 3,194 square feet on a 0.29‑acre parcel
- Attached 2‑bedroom rental unit
- Mixed Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,039
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.87%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$440,780
$440.8K
Cap Rate 7%
$314,843
$314.8K
Cap Rate 9%
$244,878
$244.9K
Market Conditions
NOI Build-Up for 3,194 SF
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.
Gross rent
$38.3K $12.00/SF
− Vacancy
−$3.1K −$0.96/SF
EGI
$35.3K $11.04/SF
− OpEx
−$13.2K −$4.14/SF
NOI
$22.0K $6.90/SF
Area
Schuylkill County, PA
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$440,780
Cap Rate 7%
$314,843
Cap Rate 9%
$244,878
Alternative Uses
Best Use
Office B
$370.8K
$324.5K – $432.6K
NOI $25,958 @ 7.0% cap · market cap 9.27%
Second Best
Mixed Use
$314.8K
$275.5K – $367.3K
NOI $22,039 @ 7.0% cap · market cap 7.87%
Theoretical Best
Office A
$479.1K
$419.2K – $559.0K
NOI $33,537 @ 7.0% cap · market cap 11.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 17963, PA
9,013
Population
4,301
Households
2.1
Avg Household Size
46
Median Age
17%
College-Educated
91%
High-School Grad
83.7 sq mi
ZIP Area
108
Density / Sq Mi
$74,261
Median Household Income
$48,711
Median Earnings
$882
Median Rent
$203,300
Median Home Value
Market
Vacancy Rate% for Office 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?
Duplex - Flexible layout includes a main residence, attached rental unit, and finished lower level.
Where is this duplex located?
The property is located at 218 TREMONT Road Pine Grove, PA.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 3,194 square feet on a 0.29‑acre parcel; Attached 2‑bedroom rental unit; Mixed Commercial zoning
