21-Unit Apartment
For Sale
Contact for pricing
Pending
421 North St, Jim Thorpe, PA 18229
Nine-building multifamily portfolio spanning five Pennsylvania communities with third-party property management in place.
Property SizeContact for details
Days on Market144
Property Features for 421 North St
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Asking Price
$1,450,000
Multifamily Units
21
Building Details
Buildings
9
Listing Agency:
Avison Young - Suburban Philadelphia
Listed By:
Adam Gillespie · License #PA RS293296
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 31 at 9:24PM
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 Avison Young - Suburban Philadelphia
Investment Insights
Based on property information with market context.
This multifamily offering includes nine apartment buildings containing 21 units across Jim Thorpe, Nesquehoning, Lehighton, Walnutport, and Summit Hill, Pennsylvania. The properties are located within the same regional area, creating a geographically concentrated portfolio with multiple residential assets and rental-rate profiles.
The portfolio has been managed by Black Rock, supporting an ownership structure suited to remote oversight. The current owner acquired the properties between 2019 and 2021. The surrounding market is reported at 1.7% vacancy, while in-place rents are described as below market. Additional information regarding the existing management agreement is available upon request.
The portfolio has been managed by Black Rock, supporting an ownership structure suited to remote oversight. The current owner acquired the properties between 2019 and 2021. The surrounding market is reported at 1.7% vacancy, while in-place rents are described as below market. Additional information regarding the existing management agreement is available upon request.
Key Highlights
- Nine‑building portfolio with 21 apartment units
- Properties located in Jim Thorpe, Nesquehoning, Lehighton, Walnutport, and Summit Hill, PA
- Black Rock provides current property management
Property Analytics
Property Profile
Current Use
Lease Details
21
Residential units
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Explore this area
Business Placement
Demographics for 18229, PA
8,322
Population
4,820
Households
1.7
Avg Household Size
49
Median Age
27%
College-Educated
95%
High-School Grad
55.3 sq mi
ZIP Area
150
Density / Sq Mi
$67,642
Median Household Income
$40,830
Median Earnings
$931
Median Rent
$215,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Nine-building multifamily portfolio spanning five Pennsylvania communities with third-party property management in place.
Where is this apartment building located?
The property is located at 421 North St Jim Thorpe, PA.
What are key features of this property?
This property features: Nine‑building portfolio with 21 apartment units; Properties located in Jim Thorpe, Nesquehoning, Lehighton, Walnutport, and Summit Hill, PA; Black Rock provides current property management
