Updated 2-Unit
New
For Sale
$229,000
414 3RD Street, New Cumberland, PA 17070
Multi-Family, NEW CUMBERLAND, PA
Property Size2,142 SF
Lot Size0.08 Acres
Price / SF$106.91
Days on Market2
Property Features for 414 3RD Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
Off Street, Alley, Driveway, On Street
High school
CEDAR CLIFF
Elementary school district
WEST SHORE
Middle school district
WEST SHORE
High school district
WEST SHORE
Standard status
Active
Size
2,142 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
3378
Utilities
Heating system
Forced Air
Building Details
Year built
1910
Number of units
2
Building materials
Stick Built, Vinyl Siding
Architectural style
Other
Listing Agency:
Keller Williams of Central PA · Keller Williams Realty
(717) 761-4300
Listed By:
KARA MANNING · License #RS364912
(717) 434-8825
Added: Oct 20
Last Checked: Oct 21 at 10:06AM
MLS# PACB2059700
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.
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Investment Insights
Based on property information with market context.
This 2,142-square-foot duplex sits on 0.08 acres and was built in 1910. Both units are tenant occupied, with renovated kitchens and new appliances, updated bathrooms, luxury vinyl plank flooring, and modern finishes. The building has forced-air heating and vinyl siding.
Off-street, alley, driveway, and on-street parking are available. The property is in New Cumberland, minutes from I-83, the South Bridge, shopping, dining, and other major commuter routes.
Off-street, alley, driveway, and on-street parking are available. The property is in New Cumberland, minutes from I-83, the South Bridge, shopping, dining, and other major commuter routes.
Key Highlights
- Two tenant‑occupied units
- 2,142 square feet on 0.08 acres
- Renovated kitchens with new appliances and updated bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,380
Cap Rate
8.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,600
$407.6K
Cap Rate 7%
$291,143
$291.1K
Cap Rate 9%
$226,444
$226.4K
Market Conditions
NOI Build-Up for 2,142 SF
Gross rent
$30.8K $14.40/SF
− Vacancy
−$1.7K −$0.81/SF
EGI
$29.1K $13.59/SF
− OpEx
−$8.7K −$4.08/SF
NOI
$20.4K $9.51/SF
Area
Cumberland County, PA
Vacancy
5.61%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,600
Cap Rate 7%
$291,143
Cap Rate 9%
$226,444
Alternative Uses
Best Use
Multifamily LT 5
$291.1K
$254.8K – $339.7K
NOI $20,380 @ 7.0% cap · market cap 8.90%
Second Best
Apartment 5plus
$258.5K
$226.2K – $301.5K
NOI $18,092 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$497.6K
$435.4K – $580.5K
NOI $34,830 @ 7.0% cap · market cap 15.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
Explore this area
Business Placement
Demographics for 17070, PA
16,359
Population
7,487
Households
2.2
Avg Household Size
43
Median Age
36%
College-Educated
94%
High-School Grad
14.6 sq mi
ZIP Area
1,120
Density / Sq Mi
$91,100
Median Household Income
$52,207
Median Earnings
$1,046
Median Rent
$240,200
Median Home Value
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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?
Duplex - Both units are occupied and feature renovated kitchens, updated bathrooms, and luxury vinyl plank flooring.
Where is this duplex located?
The property is located at 414 3RD Street New Cumberland, PA.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Two tenant‑occupied units; 2,142 square feet on 0.08 acres; Renovated kitchens with new appliances and updated bathrooms
