Renovated Duplex with Private
For Sale
$185,000
250 Cedar Street, Tamaqua, PA 18252
Two-unit property with updated finishes, porches, and convenient access to Route 309 and nearby shops.
Property Size2,058 SF
Price / SF$89.89
Days on Market86
Property Features for 250 Cedar Street
General Information
Standard status
Active
Size
2,058 SF
Property subtype
Residential Income / Townhouse / Townhouse
Net Operating Income
$9,463
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,554
Amenities
No
Yes
2
3
Building Details
Year Built
1900
Listing Agency:
Weichert Realtors - Allentown
Listed By:
Brian L. Wilkins · License #RS349093
(610) 573-0480
Source:
Compass
Added: Aug 5
Changed: Oct 25
Last Checked: Oct 28 at 11:55AM
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 - Allentown
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 2,058 square feet and dates to 1900. Recent improvements include LVP flooring and an updated second-floor bathroom. The property also provides both front and rear porches, along with a private yard for outdoor use.
Located on Cedar Street in Tamaqua, the property is within walking distance of major shops and businesses and offers nearby access to Route 309. One unit is occupied by long-term tenants on a month-to-month lease, while the second unit is expected to become available by the end of September. Tenants currently pay electric service; the landlord pays water, sewer, and trash expenses.
Located on Cedar Street in Tamaqua, the property is within walking distance of major shops and businesses and offers nearby access to Route 309. One unit is occupied by long-term tenants on a month-to-month lease, while the second unit is expected to become available by the end of September. Tenants currently pay electric service; the landlord pays water, sewer, and trash expenses.
Key Highlights
- Two‑unit duplex with 2,058 square feet
- LVP flooring and updated second‑floor bathroom
- Front and rear porches plus a private yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,123
Cap Rate
6.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,460
$242.5K
Cap Rate 7%
$173,186
$173.2K
Cap Rate 9%
$134,700
$134.7K
Market Conditions
NOI Build-Up for 2,058 SF
Gross rent
$18.5K $9.00/SF
− Vacancy
−$1.2K −$0.59/SF
EGI
$17.3K $8.42/SF
− OpEx
−$5.2K −$2.52/SF
NOI
$12.1K $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 Rate 5%
$242,460
Cap Rate 7%
$173,186
Cap Rate 9%
$134,700
Alternative Uses
Best Use
Multifamily LT 5
$173.2K
$151.5K – $202.1K
NOI $12,123 @ 7.0% cap · market cap 6.55%
Second Best
Apartment 5plus
$160.9K
$140.8K – $187.7K
NOI $11,260 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$308.7K
$270.1K – $360.2K
NOI $21,609 @ 7.0% cap · market cap 11.68%
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
598
Businesses Nearby
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Business Placement
Demographics for 18252, PA
11,016
Population
5,152
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
90%
High-School Grad
68.0 sq mi
ZIP Area
162
Density / Sq Mi
$61,020
Median Household Income
$37,835
Median Earnings
$922
Median Rent
$153,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with updated finishes, porches, and convenient access to Route 309 and nearby shops.
Where is this duplex located?
The property is located at 250 Cedar Street Tamaqua, PA.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,058 square feet; LVP flooring and updated second‑floor bathroom; Front and rear porches plus a private yard
