Duplex With Recently Updated
For Sale
$199,000
Pending
1273 Snyder Avenue, Taylor, PA 18517
MULTI_FAMILY - Other - Taylor, PA
Property Size1,450 SF
Lot Size0.27 Acres
Days on Market109
Property Features for 1273 Snyder Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Zoning description
Multi-Family
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1
Parking
3
Elementary school district
Riverside
Middle school district
Riverside
High school district
Riverside
Directions
Take Main Avenue towards Walmart, turn onto Colan Court, and left on Snyder Ave.
Standard status
Pending
APN
15617040025
Size
1,450 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
78X53x43x3x47x15x145x16 Lincoln Heights Annex Ptl 11 B 4 W-06 B-010 L-168
Tax Annual Amount
2257
Legal Description
78X53x43x3x47x15x145x16 Lincoln Heights Annex Ptl 11 B 4 W-06 B-010 L-168
Building Details
Year built
1940
Floors in Building
2
Number of units
2
Architectural style
Other
Listing Agency:
EXP Realty LLC
(888) 397-7352
Listed By:
Elizabeth Williams
(570) 862-1318
Added: Apr 28
Changed: Aug 4
Last Checked: Aug 14 at 2:06PM
MLS# SC261866
Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Duplex at 1273 Snyder Avenue in Taylor, PA 18517, built in 1940 on a 0.27-acre lot. The property includes 1,450 SF total building area and offers parking for residents and guests, with both on-street and off-street spaces available.
Both units have been recently updated. The interior configuration includes multiple bedrooms and two bathrooms, providing flexible layout options within the two-unit setting.
Zoned R2, this is a well-maintained multi-unit property designed for long-term residential income use.
Both units have been recently updated. The interior configuration includes multiple bedrooms and two bathrooms, providing flexible layout options within the two-unit setting.
Zoned R2, this is a well-maintained multi-unit property designed for long-term residential income use.
Key Highlights
- Recently updated duplex units
- On- and off‑street parking
- R2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,958
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$239,160
$239.2K
Cap Rate 7%
$170,829
$170.8K
Cap Rate 9%
$132,867
$132.9K
Market Conditions
NOI Build-Up for 1,450 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$18.3K $12.60/SF
− Vacancy
−$1.2K −$0.82/SF
EGI
$17.1K $11.78/SF
− OpEx
−$5.1K −$3.53/SF
NOI
$12.0K $8.25/SF
Area
Lackawanna County, PA
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$239,160
Cap Rate 7%
$170,829
Cap Rate 9%
$132,867
Alternative Uses
Best Use
Multifamily LT 5
$170.8K
$149.5K – $199.3K
NOI $11,958 @ 7.0% cap · market cap 6.01%
Second Best
Apartment 5plus
$159.7K
$139.7K – $186.3K
NOI $11,179 @ 7.0% cap · market cap 5.62%
Theoretical Best
Office A
$368.0K
$322.0K – $429.4K
NOI $25,763 @ 7.0% cap · market cap 12.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
Explore this area
Business Placement
Demographics for 18517, PA
5,253
Population
2,117
Households
2.5
Avg Household Size
45
Median Age
22%
College-Educated
88%
High-School Grad
4.2 sq mi
ZIP Area
1,251
Density / Sq Mi
$70,996
Median Household Income
$41,141
Median Earnings
$1,163
Median Rent
$176,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Duplex on R2 zoning with recently updated units and both on- and off-street parking.
Where is this duplex located?
The property is located at 1273 Snyder Avenue Taylor, PA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Recently updated duplex units; On- and off‑street parking; R2 zoning
