Four-Unit Three-Story
New
For Sale
$480,000
219-221 N 3RD Street, Pottsville, PA 17901
Multi-Family, POTTSVILLE, PA
Property Size3,120 SF
Lot Size0.04 Acres
Price / SF$153.85
Days on Market2
Property Features for 219-221 N 3RD Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement
Parking features
On Street
Elementary school district
POTTSVILLE AREA
Middle school district
POTTSVILLE AREA
High school district
POTTSVILLE AREA
Standard status
Active
Lot size
0.04 Acres
Taxes and HOA fees
Tax Annual Amount
2045
Utilities
Heating system
Hot Water(Heating)
Amenities
in-unit washer/dryer
Building Details
Year built
1900
Number of units
3
Building materials
Stucco
Architectural style
Other
Listing Agency:
Bold Realty
(610) 373-8701
Listed By:
Trent L Stauffer · License #RM422216
(717) 821-0336
Added: Sep 4
Last Checked: Sep 5 at 9:06AM
MLS# PASK2029270
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 three-story quadplex contains four residential units with a mix of one-bedroom and larger three-bedroom layouts. The larger residences are described as renovated and include granite finishes, full appliance packages, and in-unit washer and dryer equipment. The building provides 3,120 SF of living area, a basement, stucco construction, and hot-water heating. All four units are currently occupied.
The property sits on a 0.04-acre corner lot at 219-221 N 3RD Street in Pottsville, with sidewalk access and on-street parking. Its location is near shops, dining, and downtown amenities. Constructed in 1900, the building offers an established multifamily footprint in Schuylkill County.
The property sits on a 0.04-acre corner lot at 219-221 N 3RD Street in Pottsville, with sidewalk access and on-street parking. Its location is near shops, dining, and downtown amenities. Constructed in 1900, the building offers an established multifamily footprint in Schuylkill County.
Key Highlights
- Four‑unit quadplex with a mix of one‑bedroom and three‑bedroom residences
- 3,120 SF of living area across a three‑story building
- Larger three‑bedroom units described as renovated with granite finishes
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
$18,378
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
3.83%
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%
$367,560
$367.6K
Cap Rate 7%
$262,543
$262.5K
Cap Rate 9%
$204,200
$204.2K
Market Conditions
NOI Build-Up for 3,120 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
$28.1K $9.00/SF
− Vacancy
−$1.8K −$0.59/SF
EGI
$26.3K $8.42/SF
− OpEx
−$7.9K −$2.52/SF
NOI
$18.4K $5.89/SF
Area
Schuylkill County, PA
Vacancy
6.50%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
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%
$367,560
Cap Rate 7%
$262,543
Cap Rate 9%
$204,200
Alternative Uses
Best Use
Multifamily LT 5
$262.5K
$229.7K – $306.3K
NOI $18,378 @ 7.0% cap · market cap 3.83%
Second Best
Apartment 5plus
$243.9K
$213.4K – $284.5K
NOI $17,070 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$468.0K
$409.5K – $546.0K
NOI $32,760 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,424
Businesses Nearby
Explore this area
Business Placement
Demographics for 17901, PA
22,608
Population
11,067
Households
2
Avg Household Size
46
Median Age
23%
College-Educated
92%
High-School Grad
79.4 sq mi
ZIP Area
285
Density / Sq Mi
$61,632
Median Household Income
$40,942
Median Earnings
$819
Median Rent
$130,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Occupied four-unit property with one- and three-bedroom residences.
Where is this quadplex located?
The property is located at 219-221 N 3RD Street Pottsville, PA.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Four‑unit quadplex with a mix of one‑bedroom and three‑bedroom residences; 3,120 SF of living area across a three‑story building; Larger three‑bedroom units described as renovated with granite finishes
