$475,000
SOLD AUG 1, 2025

18 E Main St Kutztown, PA 19530

Studio
-- Bath
2,400 Sq Ft
5,662 Sq Ft Lot

Recently Sold

$198 Per Sq Ft

6 Days on Market

Highlights

  • Colonial Architecture
  • Upgraded Countertops
  • Downtown Location
  • Open Floorplan
  • Tankless Water Heater
  • Electric Baseboard Heater

About This Home

As of August 2025

Welcome to 18 E Main St in Kutztown. The owners have meticulously maintained this excellent investment opportunity for 42 years. Over the last few years, kitchens and bathrooms have been updated during the change in tenancy. All kitchens have granite counters, tile backsplashes, updated cabinets, electric ranges, and refrigerators. The units have a combination of wall-to-wall carpeting and laminate flooring. All units have private entrances. Virtually a total maintenance-free exterior, replacement insulated windows, and the roof was replaced in 2021. Coin-operated washer and dryer in the basement with an instant water heater to save on electricity costs, since it only heats water on demand for the washer. The owner only pays for water and sewer for the building and electricity for common areas. Tenants pay for electricity, trash removal, and recycling. All tenants have access to the basement laundry facilities via a combination lock. All leases except one are anticipated to be updated by August 2025. Please view the media links for 3D Models. Get your financing together for this 8.9% cap rate.

Last Agent to Sell the Property

Joe McGavin

(610) 321-3730 joe@joemcgavin.com Realty One Group Supreme Listed on: 05/24/2025

Realty One Group Supreme

Last Buyer's Agent

Jeff Dieffenbach

(717) 509-2880 info@rmevolved.com RE/MAX Evolved License #AB069670

RE/MAX Evolved

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,973

Year Built

  • Built in 1910

Lot Details

  • 5,662 Sq Ft Lot
  • Downtown Location
  • Level Lot
  • Open Lot
  • Back Yard
  • Property is in excellent condition

Home Design

  • Quadruplex
  • Colonial Architecture
  • Stone Foundation
  • Poured Concrete
  • Asphalt Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • Replacement Windows
  • Insulated Windows
  • Double Hung Windows
  • Open Floorplan
  • Carpet

Kitchen

  • Electric Oven or Range
  • Upgraded Countertops

Laundry

  • Electric Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Rear Basement Entry
  • Drainage System
  • Sump Pump

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway
  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Kutztown Elementary And Middle School
  • Kutztown Area Senior High School

Utilities

  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • 100 Amp Service
  • Tankless Water Heater
  • Municipal Trash

Additional Features

  • Energy-Efficient Windows
  • Exterior Lighting
  • Flood Zone Lot

Listing and Financial Details

  • The owner pays for water, sewer, electricity
  • Tax Lot 8254
  • Assessor Parcel Number 55-5443-08-88-8254

Community Details

Overview

  • 4 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals, laundry
  • Insurance Expense $2,972
  • Maintenance Expense $605
  • Operating Expense $12,139
  • Gross Income $56,100
  • Net Operating Income $43,094

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,973

Year Built

Built in 1910

Lot Details

5,662 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: refrigerator, coin clothes washer, coin clothes dryer
  • New Construction: No
  • Expected On Market: 5/24/2025 12:00:00 AM
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer - Electric, Exhaust Fan, Oven/Range - Electric, Refrigerator, Washer, Water Heater - High-Efficiency, Water Heater - Tankless
  • Interior Amenities: Carpet, Combination Kitchen/Living, Combination Kitchen/Dining, Upgraded Countertops
  • Window Features: Double Hung, Energy Efficient, Insulated, Replacement
  • Fireplace: No
  • Foundation Details: Stone
  • Basement: Yes
  • Basement Type: Drainage System, Full, Outside Entrance, Poured Concrete, Rear Entrance, Sump Pump
  • Total Sq Ft: 3600
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 197.92
  • Above Grade Finished Sq Ft: 2400
  • Below Grade Sq Ft: 1200
  • Total Below Grade Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Aluminum Siding
  • Exterior Features: Exterior Lighting
  • Road Surface Type: Black Top
  • Roof: Asphalt
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Off Street, Parking Lot, On Street
  • Parking Lot Number Of Spaces: 4

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric, Multi-Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Source: 3rd Party
  • Elementary School: KUTZTOWN
  • High School: KUTZTOWN AREA SENIOR
  • Middle Or Junior School: KUTZTOWN

Lot Info

  • Lot Features: Flood Plain, Level, Not In Development, Open, Rear Yard, Road Frontage
  • Lot Size Acres: 0.13
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5662.00
  • Property Condition: Excellent
  • Zoning: CC- BUSINESS COMMERCIAL

Rental Info

  • Existing Lease Type: Long Term, Yearly
  • Ground Rent Exists: No
  • Owner Pays: Water, Sewer, Electricity
  • Rent Control: No
  • Total Actual Rent: 56100.00
  • Units Leased Count: 4
  • Vacation Rental: No

Tax Info

  • School Tax: 2877.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 3973.00
  • Assessor Parcel Number: 55-5443-08-88-8254
  • Tax Lot: 8254
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Gross Income: 56100.00
  • Gross Scheduled Income: 56100.00
  • Income Includes: Apartment Rentals, Laundry
  • Operating Expense: 12139.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 3

MLS Schools

  • School District Name: KUTZTOWN AREA

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2025 08/01/25 Sold $475,000 0.0% $198 / Sq Ft
05/30/2025 05/30/25 Pending -- -- --
05/24/2025 05/24/25 For Sale $475,000 -- $198 / Sq Ft
Source: Bright MLS

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
2025 $1,365 $92,800 $36,800 $56,000
2024 $4,065 $92,800 $36,800 $56,000
2023 $3,917 $92,800 $36,800 $56,000
2022 $3,917 $92,800 $36,800 $56,000
2021 $3,917 $92,800 $36,800 $56,000
2020 $3,917 $92,800 $36,800 $56,000
2019 $3,871 $92,800 $36,800 $56,000
2018 $3,871 $92,800 $36,800 $56,000
2017 $3,844 $92,800 $36,800 $56,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PABK2057338

Bright MLS

APN: 5443-08-88-8254

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