Victorian Duplex with Rental
406 NOBLE Street Kutztown, PA 19530
For Sale
$480,000
MULTI_FAMILY - National - KUTZTOWN, PA
Property Size3,294 SF
Lot Size0.49 Acres
Price / SF$145.72
Days on Market92
Property Features for 406 NOBLE Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Dining Room, Basement
Parking features
Off Street, Parking Lot
Interior features
Breakfast Area, Built-Ins, Dining Area, Floor Plan - Traditional, Kitchen - Country, Kitchen - Island, Wood Floors
Fireplace
1
Standard status
Active
Size
3,294 SF
Lot size
0.49 Acres
Taxes and HOA fees
Tax Annual Amount
4372
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1900
Number of units
2
Building materials
Brick
Architectural style
National
Listing Agency:
BHHS Homesale Realty- Reading Berks
(610) 372-3200
Listed By:
Carolyn G Ilg · License #RS333156
(484) 663-3332
Added: Apr 29
Changed: Jul 13
Last Checked: Jul 29 at 5:06PM
MLS# PABK2071188
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.
Located at 406 Noble Street in Kutztown, this brick Victorian duplex property offers two separate living spaces: a spacious main residence and a semi-detached rental home. The main home includes an expansive kitchen with center island, a formal dining room with custom built-ins, hardwood floors, and large windows, plus a versatile study or recreation space. A generous family room includes a propane fireplace and built-in shelving, along with a kitchenette and a full bathroom nearby. Upstairs, the second floor features four bedrooms, a laundry room, and a full bathroom with a walk-in shower.
The semi-detached rental home has been recently refreshed with new flooring, fresh paint, and a brand-new kitchen (appliances not included). It includes a private entrance and a laundry hookup, with two bedrooms on the second floor, one being a walk-through, and a full bathroom.
Set on a landscaped half-acre lot, the exterior provides a large deck with an enclosed gazebo and a koi pond, along with off-street parking. Recent updates include new natural gas heating and updated vinyl windows throughout both the main home and the rental.
The semi-detached rental home has been recently refreshed with new flooring, fresh paint, and a brand-new kitchen (appliances not included). It includes a private entrance and a laundry hookup, with two bedrooms on the second floor, one being a walk-through, and a full bathroom.
Set on a landscaped half-acre lot, the exterior provides a large deck with an enclosed gazebo and a koi pond, along with off-street parking. Recent updates include new natural gas heating and updated vinyl windows throughout both the main home and the rental.
Key Highlights
- Brick Victorian full home plus semi‑detached rental home with separate private entrance
- Main home includes 4 bedrooms, formal dining room with custom built‑ins and wood floors, and study/recreation space
- Family room features a propane fireplace and built‑in shelving; main floor also has a kitchenette and full bathroom nearby
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.2k | $14.64 |
| − Vacancy | −$1.8k | −$0.56 |
| EGI | $46.4k | $14.08 |
| − OpEx | −$13.9k | −$4.23 |
| NOI | $32.5k | $9.86 |
3,294 SF · lease $14.64/SF/yr · vacancy 3.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$463.9K
$405.9K – $541.2K
NOI $32,474 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$405.5K
$354.8K – $473.1K
NOI $28,384 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$540.7K
$473.2K – $630.9K
NOI $37,852 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Brick Victorian duplex includes a main residence plus a semi-detached rental home with separate entry and laundry hookup.
Where is this duplex located?
The property is located at 406 NOBLE Street Kutztown, 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: Brick Victorian full home plus semi‑detached rental home with separate private entrance; Main home includes 4 bedrooms, formal dining room with custom built‑ins and wood floors, and study/recreation space; Family room features a propane fireplace and built‑in shelving; main floor also has a kitchenette and full bathroom nearby
