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Two-Unit Duplex with Separate Utilities
For Sale
$297,000

325 PARK Avenue, Hershey, PA 17033

Multi-Family, HERSHEY, PA

Property Size1,428 SF
Lot Size0.13 Acres
Price / SF$207.98
Days on Market61

Property Features for 325 PARK Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features Off Street
High school HERSHEY HIGH SCHOOL
Elementary school district DERRY TOWNSHIP
Middle school district DERRY TOWNSHIP
High school district DERRY TOWNSHIP
Standard status Active
Size 1,428 SF
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 2360

Utilities

Heating system Forced Air
Cooling system Central Air

Amenities

storage shed
front & rear porch

Building Details

Year built 1912
Number of units 2
Building materials Frame
Architectural style Other
Listing Agency: Cavalry Realty, LLC
Listed By: Faruk Sisic · License #RS280268
Added: Aug 14 Changed: Sep 30 Last Checked: Oct 13 at 3:06PM
MLS# PADA2062988

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 1,428-square-foot frame duplex, built in 1912, contains two separate one-bedroom, one-bath units and is fully occupied. The first-floor residence includes a living room, kitchen, full bathroom, and laundry area. The second-floor unit adds an attic bonus room alongside its living room, kitchen, and bathroom. Each unit has separate utility metering, water heating, electrical panels, natural gas furnace/HVAC equipment, and central air. Recent property improvements include vinyl siding and a 30-year architectural shingle roof.

The 0.13-acre property includes off-street rear parking, a storage shed, and front and rear porches. Its Hershey setting places the property near Hershey Park, ZooAmerica, restaurants, coffee shops, shopping, entertainment, and downtown amenities.

Key Highlights

  • Two fully occupied one‑bedroom, one‑bath units
  • 1,428 square feet on a 0.13‑acre lot
  • Separate utility metering, water heaters, and electrical panels

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,746
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,920 $254.9K
Cap Rate 7%
$182,086 $182.1K
Cap Rate 9%
$141,622 $141.6K
Market Conditions
NOI Build-Up for 1,428 SF
Gross rent
$19.7K $13.80/SF
− Vacancy
−$1.5K −$1.05/SF
EGI
$18.2K $12.75/SF
− OpEx
−$5.5K −$3.83/SF
NOI
$12.7K $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%
$254,920
Cap Rate 7%
$182,086
Cap Rate 9%
$141,622

Alternative Uses

Best Use
Multifamily LT 5
$182.1K
$159.3K – $212.4K (±1% cap)
NOI $12,746 @ 7.0% cap · market cap 4.29%
Second Best
Apartment 5plus
$162.3K
$142.0K – $189.3K (±1% cap)
NOI $11,359 @ 7.0% cap · market cap 3.82%
Theoretical Best
Specialty Retail
$2.63M
$2.30M – $3.07M (±1% cap)
NOI $184,105 @ 7.0% cap · market cap 61.99%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop HVAC Service Auto Parts Store Grocery & Convenience Store Building Supply Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,091
Businesses Nearby

Demographics for 17033, PA

16,414
Population
6,733
Households
2.4
Avg Household Size
40
Median Age
46%
College-Educated
90%
High-School Grad
27.4 sq mi
ZIP Area
599
Density / Sq Mi
$75,093
Median Household Income
$49,389
Median Earnings
$1,311
Median Rent
$340,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied property with updated systems, porches, storage, and off-street parking in Hershey.
Where is this duplex located?
The property is located at 325 PARK Avenue Hershey, PA.
What is the asking price?
The asking price for this property is $297,000.
What are key features of this property?
This property features: Two fully occupied one‑bedroom, one‑bath units; 1,428 square feet on a 0.13‑acre lot; Separate utility metering, water heaters, and electrical panels
More about this property
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