Renovated 4-Unit
New
For Sale
$450,000
400 402 Pine Street, Tamaqua, PA 18252
ResidentialIncome, Tamaqua Boro, PA
Property Size4,332 SF
Lot Size0.09 Acres
Price / SF$103.88
Days on Market1
Property Features for 400 402 Pine Street
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
RES
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 2, Bedroom 6, Bedroom 7, Bedroom 2, Bathroom 4, Bathroom 1, Bedroom 8, Bathroom 3, Bedroom 3, Bedroom 1, Bedroom 5
Parking
5
Patio and Porch features
Patio
Interior features
Balcony
Subdivision
Not in Development
Elementary school district
Tamaqua
Middle school district
Tamaqua
High school district
Tamaqua
Directions
Get on I-476 N 4 min (1.4 mi) Continue on I-476 N to Lehighton 21 min (21.0 mi) Continue on PA-443 W. Drive to Pine St in Tamaqua
Standard status
Active
APN
65-07-0091.000
Size
4,332 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
3260
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Cooling system
Wall Unit(s)
Water source
Public
Building Details
Year built
1910
Floors in Building
2
Number of units
4
Flooring type
Hardwood
Building materials
VinylSiding
Listing Agency:
Steel City Realty
(484) 895-9005
Listed By:
Jennifer L. DeJesus
(610) 217-6330
Added: Oct 21
Last Checked: Oct 21 at 4:06PM
MLS# 786721
Copyright © 2026 Greater Lehigh Valley REALTORS. 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 4-unit residential property contains 4,332 square feet on a 0.09-acre lot and was built in 1910. The apartments comprise one 3-bedroom/1-bathroom unit with a bonus room, attached garage and washer/dryer, two 2-bedroom/1-bathroom units, and one 1-bedroom/1-bathroom unit. Improvements include vinyl windows, exterior siding, updated kitchens, LVP flooring, lighting and plumbing-stack work. Residents have individual electric baseboard heat; the property also has wall-unit cooling, a patio and public water and sewer service.
All four units are occupied under signed leases. The property is at 400–402 Pine Street in Tamaqua Boro, Pennsylvania, and is zoned RES. The source reports an 11% cap rate.
All four units are occupied under signed leases. The property is at 400–402 Pine Street in Tamaqua Boro, Pennsylvania, and is zoned RES. The source reports an 11% cap rate.
Key Highlights
- Four occupied units with signed leases
- Unit mix: one 3BR/1BA with bonus room, garage and washer/dryer; two 2BR/1BA; one 1BR/1BA
- 4,332 square feet on a 0.09‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,518
Cap Rate
5.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,360
$510.4K
Cap Rate 7%
$364,543
$364.5K
Cap Rate 9%
$283,533
$283.5K
Market Conditions
NOI Build-Up for 4,332 SF
Gross rent
$39.0K $9.00/SF
− Vacancy
−$2.5K −$0.59/SF
EGI
$36.5K $8.42/SF
− OpEx
−$10.9K −$2.52/SF
NOI
$25.5K $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%
$510,360
Cap Rate 7%
$364,543
Cap Rate 9%
$283,533
Alternative Uses
Best Use
Multifamily LT 5
$364.5K
$319.0K – $425.3K
NOI $25,518 @ 7.0% cap · market cap 5.67%
Second Best
Apartment 5plus
$338.6K
$296.3K – $395.0K
NOI $23,701 @ 7.0% cap · market cap 5.27%
Theoretical Best
Office A
$649.8K
$568.6K – $758.1K
NOI $45,486 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
613
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - All four residences have signed leases, with public water and sewer service.
Where is this quadplex located?
The property is located at 400 402 Pine Street Tamaqua, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four occupied units with signed leases; Unit mix: one 3BR/1BA with bonus room, garage and washer/dryer; two 2BR/1BA; one 1BR/1BA; 4,332 square feet on a 0.09‑acre lot
