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$500,000 Just Listed
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Property Description
$63,600 GROSS INCOME | $50,240 NOI | 10.05% CAP AT $500,000. Fully occupied, renovated and producing from day one, 400 Pine St is a stabilized four-unit investment for a buyer who wants real cash flow without inheriting a major turnaround. The current rent roll is $5,300 per month, supported by signed leases, with a strong unit mix: one spacious 3BR/1BA residence with bonus room, attached garage and washer/dryer; two 2BR/1BA apartments; and one 1BR/1BA apartment. Seller-reported annual operating expenses are only $13,360 with full occupancy and self-management. Ownership invested more than $58,000 in documented improvements designed to improve durability, tenant appeal and efficiency. Work includes exterior siding, gutters and downspouts, chimney cap/flashing repairs, replacement vinyl windows, extensive LVP flooring, fresh paint, updated lighting, outlets and GFCIs, kitchen cabinetry, countertops and backsplash, plumbing-stack work and common-area improvements. The units present clean and bright, with generous rooms, updated finishes and appliances. Newer electric baseboard heating allows residents to control and pay for their own unit heat and electric, while public water and sewer simplify operations. This is not a speculative value-add project or a vacant building that must be stabilized. It is an income-producing four-unit with 100% occupancy, multiple bedroom configurations, low reported expenses and meaningful capital already invested. At $125,000 per unit and approximately $115 per building square foot, the offering provides an unusually strong combination of current yield and durable basis. Convenient to downtown Tamaqua, shopping, parks and local amenities. Financials, leases and improvement documentation are available for qualified buyers. Add a true cash-flow asset to your portfolio and start collecting income at closing. Seller is a licensed RE Agent.
Full Property Details
Full Property Details for 400 Pine St
General
- Price: $500,000
- HOA FEE: $1,500
- Taxes: $3,260
- Status: Active
- Type: Apartment
- Source: Lehigh_Valley
- MLS ID: 782195
- Updated: 8/5/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Balcony
- Flooring: Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Exterior
- Porch/Patio/Deck: Patio
Parking
- Total Spaces: 5
Location
- Area: Tamaqua
- County: Schuylkill
- Subdivision: Not in Development
- Cross Streets: Elm st
- Driving Directions: Get on I-476 N 4 min (1.4 mi) Continue on I-476 N to Lehighton 21 min (21.0 mi) Continue on PA-443 W. Drive to Pine St in Tamaqua
School Information
- Elem School District: Tamaqua
- Midd School District: Tamaqua
- High School District: Tamaqua
Community
- Home Owners Assn.: Lehigh Valley MLS
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Property Detached: Yes
- Construction: Other, Vinyl Siding
- Stories/Levels: 2
- Square Feet: 4,332
- Living Area: 4,332 Sq. Ft.
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Lot Size Source: Public Records
- Lot Dimensions: 50 x 80
- Zoning: RES
Financial Considerations
- Maint. Fee: $1,500
- Operating Expenses: $13,360
- Tax Amount: $3,260
Disclosures and Reports
- Property ID: 65-07-0091.000
Listed by Steel City Realty
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Schools
Schools serving 400 Pine St
School District:Tamaqua Area School District
| Name | Grades | Distance |
|---|---|---|
Tamaqua El School Boyle Avenue, Tamaqua, PA 18252 | K-5 | 0.6 mi |
Tamaqua Area Middle School 502 Penn Street, Tamaqua, PA 18252 | 6-8 | 0.8 mi |
Tamaqua Area Senior High School 500 Penn Street, Tamaqua, PA 18252 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 400 Pine St
Date
Details
Price
Change
Source
8/05/2026
Listed
$500,000
119.78%
MLS
7/16/2025
Sold
$227,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 400 Pine St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$10,281
163%
$192,500
330%
2025
$3,904
8%
$44,720
—
2023
$3,618
3%
$44,720
—
2022
$3,521
84%
$44,720
46%
2021
$1,916
-18%
$30,730
—
2020
$2,346
4%
$30,730
—
2018
$2,265
—
$30,730
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 400 Pine St
400 Pine Street, Tamaqua, PA 18252 (MLS# 782195) is a Apartment property with 8 bedrooms and 4 full bathrooms. 400 Pine Street is currently listed for $500,000 and was received on August 05, 2026. Want to learn more about 400 Pine Street? Do you have questions about finding other Apartment real estate for sale in Tamaqua? You can browse all Tamaqua real estate or contact a Coldwell Banker agent to request more information.

