For sale

Price cut: $4K (6/25)

$199,999

123 E Water St, Middletown, PA 17057

2beds

--baths

1,460sqft

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Duplex

Built in 1900

-- sqft lot

$198,200 Zestimate^®

$137/sqft

$-- HOA

What's special

New roof

Investors will love this open canvas to do as they please. You can rent it out as is, or you can renovate it to make it brand new and turn the attic into a second bedroom for the upstairs apartment, as the current owner intended. He started with a new roof, so you don't have to. The windows were replaced in the first- and second-floor living spaces. Each unit has its own separate electric, which includes heat, and the property has natural gas hot water. Each unit has outside space to sit and enjoy the outdoors. Last year, the 2nd-floor apartment was getting $800 a month, and the first-floor apartment was $840, as is. Come and do a few improvements to make this investment a real winner!

82 days

451

38

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2

Basement

Area: 0

Heating

Radiant, Electric

Cooling

None

Appliances

Included: Refrigerator, Cooktop, Gas Water Heater

Features

Attic, Bathroom - Tub Shower, Entry Level Bedroom, Floor Plan - Traditional, Plaster Walls
Flooring: Hardwood, Vinyl, Wood
Basement: Partial
Has fireplace: No

Interior area

Total structure area: 1,460
Total interior livable area: 1,460 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: Accessible Entrance

Features

Pool features: None

Lot

Size: 3,485 Square Feet

Details

Additional structures: Above Grade, Below Grade
Parcel number: 420370590000000
Zoning: R-3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Duplex

Materials

Brick
Foundation: Stone
Roof: Architectural Shingle

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available

Community & HOA

Community

Subdivision: None Available

Location

Region: Middletown
Municipality: MIDDLETOWN BORO

Financial & listing details

Price per square foot: $137/sqft
Tax assessed value: $60,500
Annual tax amount: $2,789
Date on market: 4/23/2026
Listing agreement: Exclusive Agency
Listing terms: Cash,Conventional
Inclusions: All Appliances On Premises
Ownership: Fee Simple

Estimated market value

$198,200

$188,000 - $208,000

$1,098/mo

Price history

Date	Event	Price
6/25/2026	Price change	$199,999-2%$137/sqft
Source: Bright MLS #PADA2059144 Report a problem
5/15/2026	Price change	$204,000-0.5%$140/sqft
Source: Bright MLS #PADA2059144 Report a problem
4/23/2026	Listed for sale	$205,000+24.2%$140/sqft
Source: Bright MLS #PADA2059144 Report a problem
9/12/2025	Sold	$165,000-0.3%$113/sqft
Source: Bright MLS #PADA2046420 Report a problem
8/28/2025	Pending sale	$165,500-8.1%$113/sqft
Source: Bright MLS #PADA2046420 Report a problem
8/18/2025	Price change	$180,000-2.2%$123/sqft
Source: Bright MLS #PADA2046420 Report a problem
7/14/2025	Price change	$184,000-0.5%$126/sqft
Source: Bright MLS #PADA2046420 Report a problem
6/12/2025	Listed for sale	$185,000+81.4%$127/sqft
Source: Bright MLS #PADA2046420 Report a problem
5/31/2006	Sold	$102,000+25.2%$70/sqft
Source: Public Record Report a problem
12/3/2003	Sold	$81,500$56/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,682 +5.8%	$60,500
2023	$2,536 +4.2%	$60,500
2022	$2,434 +5.6%	$60,500
2021	$2,304 +162.5%	$60,500
2020	$878	$60,500
2019	$878 -58.1%	$60,500
2018	$2,097	$60,500
2017	--	$60,500
2016	--	$60,500
2015	--	$60,500
2014	--	$60,500
2013	--	$60,500
2012	--	$60,500
2011	--	$60,500
2010	--	$60,500
2008	--	$60,500
2007	--	$60,500
2006	--	$60,500

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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