4-Unit Quadplex with
520 VALENTINE STREET, Bellefonte, PA 16823
For Sale
New
$325,000
Four occupied residences offer two distinct layouts, individual basement storage, laundry hookups, and on-site parking.
Property Size3,174 SF
Price / SF$102.39
Days on Market4
Property Features for 520 VALENTINE STREET
General Information
Standard status
Size
Property subtype
Occupancy
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
basement storage
laundry hookups
overflow parking
Building Details
Year Built
Buildings
Listing Agency:
Kissinger, Bigatel & Brower
(814) 234-4000
Listed By:
Mindy Sabol · License PA RS225894L
(814) 571-1497
Source:
Cummingsrealtors
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 3:20PM
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 Kissinger, Bigatel & Brower
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1970, this 3,174-square-foot quadplex contains four residences: two one-bedroom, one-bath units and two two-bedroom, one-and-a-half-bath units. Each residence has basement storage and laundry hookups. The property is fully occupied.
Parking accommodates at least two vehicles per unit, with additional overflow spaces. The building is located at 520 Valentine Street in Bellefonte, Pennsylvania.
Parking accommodates at least two vehicles per unit, with additional overflow spaces. The building is located at 520 Valentine Street in Bellefonte, Pennsylvania.
Key Highlights
- Four units: two 1‑bedroom, 1‑bath residences and two 2‑bedroom, 1.5‑bath residences
- 3,174 square feet; built in 1970
- Each residence has basement storage and laundry hookups
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,169
Cap Rate
8.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,380
$563.4K
Cap Rate 7%
$402,414
$402.4K
Cap Rate 9%
$312,989
$313.0K
Market Conditions
NOI Build-Up for 3,174 SF
Gross rent
$43.0K $13.56/SF
− Vacancy
−$2.8K −$0.88/SF
EGI
$40.2K $12.68/SF
− OpEx
−$12.1K −$3.80/SF
NOI
$28.2K $8.88/SF
Area
Centre County, PA
Vacancy
6.50%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,380
Cap Rate 7%
$402,414
Cap Rate 9%
$312,989
Alternative Uses
Best Use
Multifamily LT 5
$402.4K
$352.1K – $469.5K
NOI $28,169 @ 7.0% cap · market cap 8.67%
Second Best
Apartment 5plus
$360.8K
$315.7K – $421.0K
NOI $25,259 @ 7.0% cap · market cap 7.77%
Theoretical Best
Office A
$701.0K
$613.4K – $817.8K
NOI $49,070 @ 7.0% cap · market cap 15.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
580
Businesses Nearby
Explore this area
Business Placement
Demographics for 16823, PA
29,345
Population
11,679
Households
2.5
Avg Household Size
42
Median Age
29%
College-Educated
92%
High-School Grad
124.3 sq mi
ZIP Area
236
Density / Sq Mi
$75,717
Median Household Income
$41,842
Median Earnings
$1,013
Median Rent
$258,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Four occupied residences offer two distinct layouts, individual basement storage, laundry hookups, and on-site parking.
Where is this quadplex located?
The property is located at 520 VALENTINE STREET Bellefonte, PA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Four units: two 1‑bedroom, 1‑bath residences and two 2‑bedroom, 1.5‑bath residences; 3,174 square feet; built in 1970; Each residence has basement storage and laundry hookups
