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Duplex with Private Yards
New
For Sale
$225,000

729 LINDEN AVENUE, York, PA 17404

Two distinct apartments have separate utility service and individual backyard areas.

Property Size2,034 SF
Price / SF$110.62
Days on Market7

Property Features for 729 LINDEN AVENUE

General Information

Standard status Active
Size 2,034 SF
Property subtype Duplex

Units

Unit Mix 1 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units 2

Amenities

private backyard

Building Details

Year Built 1900
Listing Agency: CENTURY 21 Home Advisors
Listed By: Stevens Young · License #AB069301
Source: Cummingsrealtors
Added: Sep 30 Changed: Oct 6 Last Checked: Oct 5 at 7:04PM

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 CENTURY 21 Home Advisors

Investment Insights

Based on property information with market context.

At 729 Linden Avenue, this 2,034-square-foot duplex contains two apartments: one with a bedroom and full bath, and another with three bedrooms and a full bath. Hardwood flooring runs through both units, and each has its own backyard area. The property was built in 1900, and utility service is separated between the apartments.

The home is in York’s Avenues neighborhood, with access to downtown York, shopping, restaurants, grocery stores, Target, Lowe’s, and the York Fairgrounds.

Key Highlights

  • Two apartments totaling 2,034 square feet
  • Unit mix: one 1‑bedroom, 1‑bathroom apartment and one 3‑bedroom, 1‑bathroom apartment
  • Separate utility service for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$20,182
Cap Rate
8.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,640 $403.6K
Cap Rate 7%
$288,314 $288.3K
Cap Rate 9%
$224,244 $224.2K
Market Conditions
NOI Build-Up for 2,034 SF
Gross rent
$30.5K $15.00/SF
− Vacancy
−$1.7K −$0.83/SF
EGI
$28.8K $14.17/SF
− OpEx
−$8.6K −$4.25/SF
NOI
$20.2K $9.92/SF
Area
York County, PA
Vacancy
5.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$403,640
Cap Rate 7%
$288,314
Cap Rate 9%
$224,244

Alternative Uses

Best Use
Multifamily LT 5
$288.3K
$252.3K – $336.4K (±1% cap)
NOI $20,182 @ 7.0% cap · market cap 8.97%
Second Best
Apartment 5plus
$267.8K
$234.3K – $312.5K (±1% cap)
NOI $18,747 @ 7.0% cap · market cap 8.33%
Theoretical Best
Office A
$588.9K
$515.3K – $687.1K (±1% cap)
NOI $41,224 @ 7.0% cap · market cap 18.32%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Cafe & Coffee Shop Bakery Locksmith Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

806
Businesses Nearby

Demographics for 17404, PA

37,745
Population
15,716
Households
2.4
Avg Household Size
38
Median Age
30%
College-Educated
89%
High-School Grad
21.5 sq mi
ZIP Area
1,756
Density / Sq Mi
$75,882
Median Household Income
$43,408
Median Earnings
$1,136
Median Rent
$176,200
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two distinct apartments have separate utility service and individual backyard areas.
Where is this duplex located?
The property is located at 729 LINDEN AVENUE York, 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 apartments totaling 2,034 square feet; Unit mix: one 1‑bedroom, 1‑bathroom apartment and one 3‑bedroom, 1‑bathroom apartment; Separate utility service for each unit
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