Two-Unit Duplex with Detached
720 Park St, Whitehall, PA 18052
For Sale
$350,000
Pending
Separate apartments offer varied layouts, mini-split heating and cooling, and dedicated rear parking.
Property Size2,417 SF
Days on Market122
Property Features for 720 Park St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
mini-splits
laundry hookups
outdoor storage shed
Building Details
Buildings
Listing Agency:
BHHS Fox & Roach - Allentown
(610) 398-9888
Listed By:
Alona V. Liska
(610) 360-2752
Source:
Exprealty
Added: Jul 14
Changed: Nov 7
Last Checked: Nov 12 at 1:08PM
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 BHHS Fox & Roach - Allentown
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Investment Insights
Based on property information with market context.
This detached duplex contains two apartments with distinct layouts. The front unit has an enclosed entry room, a main-level living or dining room, a kitchen with granite countertops and tile backsplash, two upstairs bedrooms, and a full bathroom. Its basement includes laundry hookups, storage, and walkout access. The rear apartment has two separate side entrances, a kitchen area, one upstairs bedroom, an open loft, a full bathroom, and basement storage. Mini-splits provide heating and cooling to both units. A detached one-car garage, outdoor storage shed, four-car parking pad, and backyard complete the property.
The property is near Route 22, Lehigh Valley Mall, retail, restaurants, and everyday services. It is being sold as is, with a clear certificate of occupancy from Whitehall Township.
The property is near Route 22, Lehigh Valley Mall, retail, restaurants, and everyday services. It is being sold as is, with a clear certificate of occupancy from Whitehall Township.
Key Highlights
- Two‑unit detached duplex with separate front and rear apartments
- Front apartment includes two bedrooms, a full bath, basement laundry hookups, and walkout access
- Rear apartment has one bedroom, an open loft, two side entrances, and a full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,167
Cap Rate
4.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,340
$323.3K
Cap Rate 7%
$230,957
$231.0K
Cap Rate 9%
$179,633
$179.6K
Market Conditions
NOI Build-Up for 2,417 SF
Gross rent
$24.9K $10.32/SF
− Vacancy
−$1.8K −$0.76/SF
EGI
$23.1K $9.56/SF
− OpEx
−$6.9K −$2.87/SF
NOI
$16.2K $6.69/SF
Area
Lehigh County, PA
Vacancy
7.41%
Lease Rate
$10.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,340
Cap Rate 7%
$230,957
Cap Rate 9%
$179,633
Alternative Uses
Best Use
Multifamily LT 5
$231.0K
$202.1K – $269.5K
NOI $16,167 @ 7.0% cap · market cap 4.62%
Second Best
Apartment 5plus
$201.7K
$176.5K – $235.3K
NOI $14,120 @ 7.0% cap · market cap 4.03%
Theoretical Best
Mixed Use
$355.4K
$311.0K – $414.7K
NOI $24,880 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
Explore this area
Business Placement
Demographics for 18052, PA
29,317
Population
12,193
Households
2.4
Avg Household Size
42
Median Age
27%
College-Educated
92%
High-School Grad
12.8 sq mi
ZIP Area
2,290
Density / Sq Mi
$69,499
Median Household Income
$39,491
Median Earnings
$1,387
Median Rent
$247,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Lehigh County, PA
Properties on Market for Duplexes in Lehigh County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate apartments offer varied layouts, mini-split heating and cooling, and dedicated rear parking.
Where is this duplex located?
The property is located at 720 Park St Whitehall, PA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑unit detached duplex with separate front and rear apartments; Front apartment includes two bedrooms, a full bath, basement laundry hookups, and walkout access; Rear apartment has one bedroom, an open loft, two side entrances, and a full bath
