2-Unit Duplex with Updated
218 WITHERSPOON Avenue, Middletown, PA 17057
For Sale
New
$219,900
Multi-Family, MIDDLETOWN, PA
Property Size1,487 SF
Lot Size0.07 Acres
Price / SF$147.88
Days on Market5
Property Features for 218 WITHERSPOON Avenue
General Information
Property type
Property subtype
Rooms
Parking features
Appliances
Subdivision
High school
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
Keller Williams of Central PA · Keller Williams Realty
(717) 761-4300
Listed By:
KARA MANNING · License PA RS364912
(717) 434-8825
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 10 at 10:06PM
MLS# PADA2065784
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.
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 1,487 square feet on a 0.07-acre parcel. Interior work includes fresh paint and updated flooring. The property was built in 1900 and has a basement, driveway parking, frame construction, and electric baseboard and other heating. The kitchen appliances include a built-in microwave, dishwasher, electric oven/range, and stainless steel appliances.
Both units are currently vacant. The next owner can select occupants for each residence. The property is located in Middletown, Pennsylvania.
Both units are currently vacant. The next owner can select occupants for each residence. The property is located in Middletown, Pennsylvania.
Key Highlights
- Two‑unit duplex with both residences vacant
- 1,487 square feet on a 0.07‑acre lot
- Fresh paint and updated flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,273
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,460
$265.5K
Cap Rate 7%
$189,614
$189.6K
Cap Rate 9%
$147,478
$147.5K
Market Conditions
NOI Build-Up for 1,487 SF
Gross rent
$20.5K $13.80/SF
− Vacancy
−$1.6K −$1.05/SF
EGI
$19.0K $12.75/SF
− OpEx
−$5.7K −$3.83/SF
NOI
$13.3K $8.93/SF
Area
Dauphin County, PA
Vacancy
7.60%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,460
Cap Rate 7%
$189,614
Cap Rate 9%
$147,478
Alternative Uses
Best Use
Multifamily LT 5
$189.6K
$165.9K – $221.2K
NOI $13,273 @ 7.0% cap · market cap 6.04%
Second Best
Apartment 5plus
$169.0K
$147.9K – $197.1K
NOI $11,828 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$326.5K
$285.7K – $381.0K
NOI $22,858 @ 7.0% cap · market cap 10.39%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
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Business Placement
Demographics for 17057, PA
23,112
Population
10,513
Households
2.2
Avg Household Size
39
Median Age
27%
College-Educated
94%
High-School Grad
31.1 sq mi
ZIP Area
743
Density / Sq Mi
$70,536
Median Household Income
$42,948
Median Earnings
$1,122
Median Rent
$187,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Dauphin County, PA
Properties on Market for Duplexes in Dauphin County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are vacant, leaving tenant selection to the next owner.
Where is this duplex located?
The property is located at 218 WITHERSPOON Avenue Middletown, PA.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two‑unit duplex with both residences vacant; 1,487 square feet on a 0.07‑acre lot; Fresh paint and updated flooring
