Two-Unit Residential
For Sale
$110,000
2209 Philadelphia Avenue, Northern Cambria, PA 15714
Residential Income, Northern Cambria, PA
Property Size1,440 SF
Lot Size0.17 Acres
Price / SF$76.39
Days on Market111
Property Features for 2209 Philadelphia Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 1
Parking features
Off Street
Exterior features
Private Entrance, Private Yard, Rain Gutters
Lot features
Gentle Sloping, Year Round Access, Gentle Sloping, Year Round Access
Elementary school district
Northern Cambria
Middle school district
Northern Cambria
High school district
Northern Cambria
Directions
Corner of Philadelphia and Sycamore. Sign in yard
Subdivision
Northern Cambria Borough
Standard status
Active
APN
56-067.-200.000
Size
1,440 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
459
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Oil
Cooling system
Window Unit(s)
Water source
Public
Amenities
laundry
deck
yard
covered concrete patio
Building Details
Year built
1900
Listing Agency:
Lang Real Estate
(814) 886-8111
Listed By:
Lisa Hess · License #RS335258
(814) 232-2162
Added: May 18
Changed: Sep 4
Last Checked: Sep 5 at 6:06AM
MLS# 80187
Copyright © 2026 Allegheny Highland Association of Realtors. 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 1,440-square-foot duplex, built in 1900, contains two separate residences. Each unit includes two bedrooms, one full bathroom, an eat-in kitchen, laundry, and a living room. The upper residence features a rear deck, while the lower unit includes access to a covered concrete patio and yard. Private entrances support distinct access for each household.
The property is located at 2209 Philadelphia Avenue in Northern Cambria, PA 15714, on a 0.17-acre lot. Off-street parking serves the residences, and exterior features include private yard space and rain gutters. The property has public water and public sewer, oil-fired hot water heating, and window-unit cooling.
The property is located at 2209 Philadelphia Avenue in Northern Cambria, PA 15714, on a 0.17-acre lot. Off-street parking serves the residences, and exterior features include private yard space and rain gutters. The property has public water and public sewer, oil-fired hot water heating, and window-unit cooling.
Key Highlights
- Two‑unit duplex with 1,440 square feet of property size
- Each unit has 2 bedrooms, 1 full bathroom, an eat‑in kitchen, laundry, and living room
- Upper unit includes an expansive rear deck
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
$9,510
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
8.65%
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%
$190,200
$190.2K
Cap Rate 7%
$135,857
$135.9K
Cap Rate 9%
$105,667
$105.7K
Market Conditions
NOI Build-Up for 1,440 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
$14.7K $10.20/SF
− Vacancy
−$1.1K −$0.77/SF
EGI
$13.6K $9.44/SF
− OpEx
−$4.1K −$2.83/SF
NOI
$9.5K $6.60/SF
Area
Cambria County, PA
Vacancy
7.50%
Lease Rate
$10.20 /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%
$190,200
Cap Rate 7%
$135,857
Cap Rate 9%
$105,667
Alternative Uses
Best Use
Multifamily LT 5
$135.9K
$118.9K – $158.5K
NOI $9,510 @ 7.0% cap · market cap 8.65%
Second Best
Apartment 5plus
$126.3K
$110.5K – $147.3K
NOI $8,839 @ 7.0% cap · market cap 8.04%
Theoretical Best
Office A
$434.5K
$380.2K – $506.9K
NOI $30,413 @ 7.0% cap · market cap 27.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
72
Businesses Nearby
Explore this area
Business Placement
Demographics for 15714, PA
5,477
Population
2,314
Households
2.4
Avg Household Size
45
Median Age
17%
College-Educated
92%
High-School Grad
33.4 sq mi
ZIP Area
164
Density / Sq Mi
$49,107
Median Household Income
$36,803
Median Earnings
$522
Median Rent
$94,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two residences offer private entrances, individual laundry, off-street parking, and outdoor areas in Northern Cambria.
Where is this duplex located?
The property is located at 2209 Philadelphia Avenue Northern Cambria, PA.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,440 square feet of property size; Each unit has 2 bedrooms, 1 full bathroom, an eat‑in kitchen, laundry, and living room; Upper unit includes an expansive rear deck
