Two-Unit Duplex with Detached
For Sale
$225,000
415 JONESTOWN ROAD, Jonestown, PA 17038
Two-story rental property with off-street parking, a detached garage, and a fenced rear yard.
Property Size1,320 SF
Price / SF$170.45
Days on Market49
Property Features for 415 JONESTOWN ROAD
General Information
Standard status
Active
Size
1,320 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Amenities
Off street parking
Detached garage
Fenced rear yard
Building Details
Year Built
1930
Tenancy
Single
Listing Agency:
Integrity 1st Real Estate
(717) 865-6550
Listed By:
Caleb J. Zimmerman · License #RS324246
(717) 304-3865
Source:
Cummingsrealtors
Added: Sep 16
Changed: Nov 1
Last Checked: Nov 3 at 7:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Integrity 1st Real Estate
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Investment Insights
Based on property information with market context.
This two-unit duplex, built in 1930, offers 1,320 square feet across two floors. The upper residence is occupied under a month-to-month lease, while the lower unit is vacant, creating flexibility for an owner-occupant or a new rental arrangement. The property includes a detached garage, off-street parking, and a fenced rear yard.
Located at 415 Jonestown Road in Jonestown, Pennsylvania, the property combines an existing rental setup with a vacant unit that can be leased or used by the owner. Its two-unit configuration supports continued rental use while providing flexibility in how the spaces are occupied.
Located at 415 Jonestown Road in Jonestown, Pennsylvania, the property combines an existing rental setup with a vacant unit that can be leased or used by the owner. Its two-unit configuration supports continued rental use while providing flexibility in how the spaces are occupied.
Key Highlights
- Two‑unit duplex with 1,320 square feet
- Built in 1930
- Second‑floor unit occupied on a month‑to‑month lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,795
Cap Rate
5.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,900
$235.9K
Cap Rate 7%
$168,500
$168.5K
Cap Rate 9%
$131,056
$131.1K
Market Conditions
NOI Build-Up for 1,320 SF
Gross rent
$18.2K $13.80/SF
− Vacancy
−$1.4K −$1.04/SF
EGI
$16.8K $12.77/SF
− OpEx
−$5.1K −$3.83/SF
NOI
$11.8K $8.94/SF
Area
Lebanon County, PA
Vacancy
7.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,900
Cap Rate 7%
$168,500
Cap Rate 9%
$131,056
Alternative Uses
Best Use
Multifamily LT 5
$168.5K
$147.4K – $196.6K
NOI $11,795 @ 7.0% cap · market cap 5.24%
Second Best
Apartment 5plus
$156.6K
$137.0K – $182.7K
NOI $10,961 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$309.8K
$271.1K – $361.5K
NOI $21,688 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
80
Businesses Nearby
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Business Placement
Demographics for 17038, PA
7,842
Population
3,460
Households
2.3
Avg Household Size
42
Median Age
16%
College-Educated
89%
High-School Grad
66.2 sq mi
ZIP Area
118
Density / Sq Mi
$66,698
Median Household Income
$42,929
Median Earnings
$922
Median Rent
$241,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-story rental property with off-street parking, a detached garage, and a fenced rear yard.
Where is this duplex located?
The property is located at 415 JONESTOWN ROAD Jonestown, PA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,320 square feet; Built in 1930; Second‑floor unit occupied on a month‑to‑month lease
