Dunmore Multifamily Investment
308-310 Willow Street Dunmore, PA 18512
308-310 Willow Street, Dunmore, PA, 18512
$330,000
Pending
For Sale
$330,000
Pending
MULTI_FAMILY - Dunmore, PA
Property Size2,446 SF
Lot Size0.21 Acres
Days on Market65
Property Features for 308-310 Willow Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-1B
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bedroom 7, Bedroom 6, Bedroom 2, Bathroom 2, Bedroom 4, Basement, Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 1
- Basement
- Unfinished
- Standard status
- Pending
- APN
- 14651020005
- Size
- 2,446 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2624
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1940
- Floors in Building
- 3
- Number of units
- 3
Listing Agency
EXP Realty LLC
(888) 397-7352
630 Freedom Business Center Drive Suite 300, Pittsburgh, PA
Listed by
Alexsis McGhee · License #RS366599
(570) 520-8867
Added: May 18 Updated: Jul 12 at 4:39 am Checked: Jul 21 at 4:06 am
MLS# SC262272
Listing URL
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.
Located in Dunmore, Pennsylvania, this multifamily property presents an opportunity for both investors and owner-occupants. The property consists of three units: one apartment with 3 bedrooms and 1 bathroom, and two apartments each featuring 2 bedrooms and 1 bathroom. An oversized two-car garage is included, which is currently rented, providing immediate additional income. One apartment is currently rented, while the other two are vacant, offering flexibility for either owner occupancy or leasing to new tenants for immediate cash flow. The property has split utilities, with the owner responsible for taxes and insurance. Situated on a 0.21-acre lot, the property is zoned R-1B. The building has 2446 square feet of space. This setup provides multiple income streams in a strong rental market.
Key Highlights
- 3‑unit property in Dunmore with one 3‑bedroom, 1‑bath apartment and two 2‑bedroom, 1‑bath apartments
- Two 2‑bedroom units and one 3‑bedroom unit configuration; one apartment is currently rented while the other two are vacant
- Oversized 2‑car garage already rented for additional income
Local Financial Insights For Multifamily LT 5
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 | $30.8k | $12.60 |
| − Vacancy | −$2.0k | −$0.82 |
| EGI | $28.8k | $11.78 |
| − OpEx | −$8.6k | −$3.53 |
| NOI | $20.2k | $8.25 |
2,446 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$288.2K
$252.1K – $336.2K
NOI $20,171 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$269.4K
$235.7K – $314.3K
NOI $18,857 @ 7.0% cap · market cap 5.71%
Theoretical Best
Office A
$620.8K
$543.2K – $724.3K
NOI $43,459 @ 7.0% cap · market cap 13.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Three-unit property with garage, ideal for investors or owner-occupants.
Where is this triplex located?
The property is located at 308-310 Willow Street Dunmore, PA.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 3‑unit property in Dunmore with one 3‑bedroom, 1‑bath apartment and two 2‑bedroom, 1‑bath apartments; Two 2‑bedroom units and one 3‑bedroom unit configuration; one apartment is currently rented while the other two are vacant; Oversized 2‑car garage already rented for additional income
