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5-Unit Apartment Building

212 E Elm Street Dunmore, PA 18512

212 E Elm Street, Dunmore, PA, 18512
$465,000
For Sale
$465,000

MULTI_FAMILY - Dunmore, PA

Property Size2,561 SF
Lot Size0.15 Acres
Price / SF$181.57
Days on Market12

Property Features for 212 E Elm Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
9
Bathrooms
5
Rooms
Bedroom 9, Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 4, Bathroom 3, Bathroom 2, Bedroom 2, Bathroom 5, Bedroom 8, Basement, Bedroom 3, Bedroom 7, Bathroom 1
Parking
1
Parking features
Garage
Basement
Unfinished
Standard status
Active
APN
14615050059
Size
2,561 SF
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
45X148x45x149 Bldg & Land W-03 B-0140 L-0050 P-00700
Tax Annual Amount
3149

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Year built
1930
Floors in Building
2
Number of units
5
Roof type
Composition
Listing agency EXP Realty LLC
Listed by Alexsis McGhee · License #RS366599
Added: Jul 10 Updated: Jul 20 at 11:06PM Checked: Jul 21 at 7:06AM
MLS# SC263326

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.

This fully occupied 5-unit apartment building offers income-producing residential units with tenants on month-to-month leases. The units are described as being in good condition, and heat and electric are separately metered.

Located at 212 E Elm Street in Dunmore, Pennsylvania, the property is zoned R1 and sits on a 0.15-acre lot.

The total building size is listed as 2,561 square feet. Due to full occupancy, showings are limited to scheduled group showings only.

Key Highlights

  • Fully occupied 5‑unit property
  • Tenants are on month‑to‑month leases
  • Heat and electric are separately metered

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $38.1k $14.88
− Vacancy −$2.2k −$0.86
EGI $35.9k $14.02
− OpEx −$16.2k −$6.31
NOI $19.7k $7.71
2,561 SF · lease $14.88/SF/yr · vacancy 5.80% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$282.1K
$246.8K – $329.1K (±1% cap)
NOI $19,744 @ 7.0% cap · market cap 4.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$650.0K
$568.8K – $758.4K (±1% cap)
NOI $45,502 @ 7.0% cap · market cap 9.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Parking Lot & Garage HVAC Service Electrical Service Plumbing Service Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Nail Salon Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Fully occupied 5-unit property with separately metered heat and electric and month-to-month tenant leases.
Where is this apartment building located?
The property is located at 212 E Elm Street Dunmore, PA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Fully occupied 5‑unit property; Tenants are on month‑to‑month leases; Heat and electric are separately metered
Contact an agent
More about this property
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