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Modern Two-Family Home

321 Small Street Blakely, PA 18452

321 Small Street, Blakely, PA, 18452
$270,000
For Sale
$270,000

MULTI_FAMILY - Other - Blakely, PA

Property Size2,408 SF
Lot Size0.20 Acres
Price / SF$112.13
Days on Market8

Property Features for 321 Small Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
4
Bathrooms
3
Rooms
Bedroom 2, Bathroom 2, Basement, Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 1
Parking features
Garage, Off Street
Patio and Porch features
Porch
Basement
Unfinished
Standard status
Active
APN
10316060027
Size
2,408 SF
Lot size
0.20 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
40X75x40x75x80x150 W-03 B-0020 L-0120
Tax Annual Amount
2581

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Year built
1940
Floors in Building
2
Number of units
2
Roof type
Shingle
Architectural style
Other
Listing agency NASSER REAL ESTATE, INC.
Listed by Jim Nasser · License #AB065869
Added: Jul 14 Updated: Jul 17 at 11:47PM Checked: Jul 21 at 12:06PM
MLS# SC263401

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.

Modern two-family home offering separate living accommodations with modern kitchens and baths. The property includes 1st floor laundry, gas heat, and some hardwood floors. Outside, there is a fenced yard, a detached garage, and off-street parking.

The home is located at 321 Small Street in Blakely, Pennsylvania, within an R-2 zoning district. The listing also notes a lot size of 0.2 acres and a total property size of 2,408 square feet.

This is a residential income property presented for sale, with amenities positioned to support comfortable day-to-day living for occupants.

Key Highlights

  • Modern 2‑family home with public utilities: public water and public sewer.
  • Natural gas heating and shingle roof.
  • Detached garage plus off‑street parking.

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 $30.3k $12.60
− Vacancy −$2.0k −$0.82
EGI $28.4k $11.78
− OpEx −$8.5k −$3.53
NOI $19.9k $8.25
2,408 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$283.7K
$248.2K – $331.0K (±1% cap)
NOI $19,858 @ 7.0% cap · market cap 7.35%
Second Best
Apartment 5plus
$265.2K
$232.1K – $309.4K (±1% cap)
NOI $18,564 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$611.2K
$534.8K – $713.1K (±1% cap)
NOI $42,784 @ 7.0% cap · market cap 15.85%
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 - Modern two-family home with in-unit laundry, gas heat, modern kitchens and baths, fenced yard, and off-street parking.
Where is this duplex located?
The property is located at 321 Small Street Blakely, PA.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Modern 2‑family home with public utilities: public water and public sewer.; Natural gas heating and shingle roof.; Detached garage plus off‑street parking.
Contact an agent
More about this property
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