Bloomsburg Duplex Near College
315 E 3rd street Bloomsburg, PA 17815
For Sale
$299,500
MULTI_FAMILY - Bloomsburg, PA
Property Size2,400 SF
Lot Size0.14 Acres
Price / SF$124.79
Days on Market377
Property Features for 315 E 3rd street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bedroom 3, Bedroom 5, Basement, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2
- Basement
- Partial, Unfinished
- Standard status
- Active
- APN
- 05E03 27100
- Size
- 2,400 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2546
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1900
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile, Hardwood
- Roof type
- Shingle
Listing Agency:
Better Homes and Gardens Real Estate Wilkins & Associates - Stroudsburg
(570) 421-8950
Listed By:
James J Martin
(570) 421-8950
Added: Jul 15, 2025
Changed: Jun 8
Last Checked: Jul 26 at 5:06AM
MLS# PM-133995
Copyright © 2026 Pocono Mountains 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 two-unit duplex presents a great investment opportunity. Unit 1 features 3 bedrooms, 1 full bath, a kitchen, living room, dining room, laundry facilities, and 2 entrances, complemented by hardwood floors. Unit 2 offers 2 bedrooms, 1 full bath, a kitchen, living room, laundry facilities, 2 entrances, and hardwood floors. Both units have large bedrooms and living rooms. The property includes 3 off-street parking spaces, with additional on-street parking available. Situated just 2 blocks from Bloomsburg College Campus, this property is connected to public water, sewer, and gas services. The property is located in Bloomsburg, PA. The lot size is 0.14 acres. The total property size is 2400 square feet. Note that the units require some updating and work.
Key Highlights
- 2‑unit duplex: Unit 1 has 3 bedrooms and 1 full bath with kitchen, living, dining, and laundry
- Unit 2 offers 2 bedrooms and 1 full bath with kitchen, living, and laundry
- Hardwood flooring in both units; tile and hardwood flooring noted
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 | $50.1k | $20.88 |
| − Vacancy | −$4.0k | −$1.65 |
| EGI | $46.2k | $19.23 |
| − OpEx | −$20.8k | −$8.65 |
| NOI | $25.4k | $10.58 |
2,400 SF · lease $20.88/SF/yr · vacancy 7.90% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$407.6K
$356.6K – $475.5K
NOI $28,531 @ 7.0% cap · market cap 9.53%
Second Best
Apartment 5plus
$362.6K
$317.3K – $423.1K
NOI $25,384 @ 7.0% cap · market cap 8.48%
Theoretical Best
Office A
$804.7K
$704.1K – $938.8K
NOI $56,327 @ 7.0% cap · market cap 18.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit duplex near Bloomsburg College, ideal investment opportunity.
Where is this duplex located?
The property is located at 315 E 3rd street Bloomsburg, PA.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: 2‑unit duplex: Unit 1 has 3 bedrooms and 1 full bath with kitchen, living, dining, and laundry; Unit 2 offers 2 bedrooms and 1 full bath with kitchen, living, and laundry; Hardwood flooring in both units; tile and hardwood flooring noted
