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Victorian Duplex with Rental Unit

406 NOBLE Street Kutztown, PA 19530

406 NOBLE Street, Kutztown, PA, 19530
$480,000
For Sale
$480,000

MULTI_FAMILY - National - KUTZTOWN, PA

Property Size3,294 SF
Lot Size0.49 Acres
Price / SF$145.72
Days on Market85

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
Listed by Carolyn G Ilg · License #RS333156
Added: Apr 29 Updated: Jul 13 at 10:52AM Checked: Jul 22 at 12:06AM
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.

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

Local 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 (±1% cap)
NOI $32,474 @ 7.0% cap · market cap 6.77%
Second Best
Apartment 5plus
$405.5K
$354.8K – $473.1K (±1% cap)
NOI $28,384 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$540.7K
$473.2K – $630.9K (±1% cap)
NOI $37,852 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency HVAC Service Auto Parts Store Law Firm Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Auto Repair Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
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