16 E Main St Pen Argyl, PA 18072
Estimated payment $2,408/month
About This Home
Welcome to 16 & 18 E Main Street, an exceptional investment opportunity that checks every box on a savvy investor's wish list. This duplex is fully rented and generating steady rental income from day one of ownership, making it the ultimate turnkey addition to any portfolio. Each unit boasts two bedrooms and one bathroom, offering comfortable living spaces that tenants love and landlords appreciate. But here is where it gets even better — both units feature fully finished attic spaces that add valuable square footage and versatile living areas. Whether tenants use them as home offices, bonus rooms, or creative retreats, these finished attics are a standout feature that sets this property apart from the competition. The financial picture is equally impressive. Tenants pay all utilities, which means your operating costs stay refreshingly low while your returns stay delightfully high. Recent updates throughout the property help minimize maintenance headaches and keep tenants happy for the long haul — a winning combination that any experienced investor can appreciate. Location plays a starring role here as well. Situated in a commuter-friendly area, this duplex attracts reliable tenants who value easy access to major routes and surrounding employment centers. The convenience factor practically markets itself when units become available. Whether you are a seasoned real estate investor expanding your holdings or stepping into the multi-family arena for the first time, this fully rented duplex delivers the income, low overhead, and recent improvements that smart money looks for. Schedule your showing today before this opportunity slips away.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,272
Year Built
- Built in 1870
Home Design
- Duplex
- Vinyl Siding
Interior Spaces
- 3,596 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- On-Street Parking
- Off-Street Parking
Additional Features
- 8,102 Sq Ft Lot
- Heating Available
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $1,000
- Operating Expense $1,000
- Gross Income $36,000
- Net Operating Income $35,000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $433 | $40,100 | $18,300 | $21,800 |
| 2025 | $433 | $40,100 | $18,300 | $21,800 |
| 2024 | $3,242 | $40,100 | $18,300 | $21,800 |
| 2023 | $3,242 | $40,100 | $18,300 | $21,800 |
| 2022 | $3,202 | $40,100 | $18,300 | $21,800 |
| 2021 | $3,242 | $40,100 | $18,300 | $21,800 |
| 2020 | $3,242 | $40,100 | $18,300 | $21,800 |
| 2019 | $3,159 | $40,100 | $18,300 | $21,800 |
| 2018 | $3,053 | $40,100 | $18,300 | $21,800 |
| 2017 | $2,995 | $40,100 | $18,300 | $21,800 |
| 2016 | -- | $40,100 | $18,300 | $21,800 |
| 2015 | -- | $40,100 | $18,300 | $21,800 |
| 2014 | -- | $40,100 | $18,300 | $21,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/01/2026 04/01/26 | Rented | $1,500 | 0.0% | -- | |
| 03/30/2026 03/30/26 | For Sale | $399,900 | 0.0% | $111 / Sq Ft | |
| 03/27/2026 03/27/26 | Under Contract | -- | -- | -- | |
| 03/09/2026 03/09/26 | Price Changed | $1,500 | -11.8% | $1 / Sq Ft | |
| 02/23/2026 02/23/26 | For Rent | $1,700 | 0.0% | -- | |
| 03/27/2024 03/27/24 | Sold | $248,000 | -4.6% | $121 / Sq Ft | View Prior Sale |
| 03/12/2024 03/12/24 | Pending | -- | -- | -- | |
| 02/01/2024 02/01/24 | For Sale | $259,999 | 0.0% | $127 / Sq Ft | |
| 03/20/2021 03/20/21 | Rented | $900 | 0.0% | -- | |
| 03/12/2021 03/12/21 | Under Contract | -- | -- | -- | |
| 02/16/2021 02/16/21 | For Rent | $900 | +5.9% | -- | |
| 08/01/2016 08/01/16 | Rented | $850 | 0.0% | -- | |
| 07/12/2016 07/12/16 | Under Contract | -- | -- | -- | |
| 04/13/2016 04/13/16 | For Rent | $850 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $248,000 | None Listed On Document | |
| Quit Claim Deed | -- | -- | |
| Deed | $89,900 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $208,000 | New Conventional |
Source: Greater Lehigh Valley REALTORS®
MLS Number: 774081
APN: E8NE2D-61-8-0625
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