Duplex with Flexible Lower-Level
For Sale
$199,000
327 Chestnut Street, Dunmore, PA 18512
Commercial Sale, Dunmore, PA
Property Size1,350 SF
Lot Size0.19 Acres
Price / SF$147.41
Days on Market51
Property Features for 327 Chestnut Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CNMU
Parking
6
Exterior features
Balcony
Elementary school district
Dunmore
Middle school district
Dunmore
High school district
Dunmore
Directions
From drinker turn on Chestnut just past school on the Left
Standard status
Active
APN
14616010018
Size
1,350 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
53X183x50x136 Bldg & Land W-02 B-0050 L-016A P-02600
Tax Annual Amount
2624
Legal Description
53X183x50x136 Bldg & Land W-02 B-0050 L-016A P-02600
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
Flooring type
Linoleum, Tile, Vinyl, Carpet
Building materials
Stone, Vinyl Siding
Roof type
Composition
Listing Agency:
C21 Jack Ruddy Real Estate · Century 21 Real Estate
(570) 344-6724
Listed By:
Samuel R Scelta · License #RS321374
(570) 351-7792
Added: Jul 10
Changed: Aug 19
Last Checked: Aug 29 at 7:06AM
MLS# SC263333
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 1,350-square-foot duplex was built in 1940 and includes a two-bedroom apartment on the upper level with a balcony. The lower level offers space for a second apartment or a small business, subject to verification of the proposed use. Exterior construction includes stone and vinyl siding, while interior finishes include linoleum, tile, vinyl, and carpet flooring.
The property occupies 0.19 acres in Dunmore, Pennsylvania, with CNMU zoning. Public water and public sewer serve the site, and heating is provided by natural gas. Commercial use parameters should be confirmed with Dunmore Borough; uses requiring substantial parking or a liquor license may require additional approval.
The property occupies 0.19 acres in Dunmore, Pennsylvania, with CNMU zoning. Public water and public sewer serve the site, and heating is provided by natural gas. Commercial use parameters should be confirmed with Dunmore Borough; uses requiring substantial parking or a liquor license may require additional approval.
Key Highlights
- 2‑bedroom apartment on the upper level
- Lower level may support another apartment or small business
- 1,350 square feet on 0.19 acres
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
$11,133
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
5.59%
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%
$222,660
$222.7K
Cap Rate 7%
$159,043
$159.0K
Cap Rate 9%
$123,700
$123.7K
Market Conditions
NOI Build-Up for 1,350 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
$17.0K $12.60/SF
− Vacancy
−$1.1K −$0.82/SF
EGI
$15.9K $11.78/SF
− OpEx
−$4.8K −$3.53/SF
NOI
$11.1K $8.25/SF
Area
Lackawanna County, PA
Vacancy
6.50%
Lease Rate
$12.60 /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%
$222,660
Cap Rate 7%
$159,043
Cap Rate 9%
$123,700
Alternative Uses
Best Use
Multifamily LT 5
$159.0K
$139.2K – $185.6K
NOI $11,133 @ 7.0% cap · market cap 5.59%
Second Best
Apartment 5plus
$148.7K
$130.1K – $173.5K
NOI $10,408 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$342.7K
$299.8K – $399.8K
NOI $23,986 @ 7.0% cap · market cap 12.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
867
Businesses Nearby
Explore this area
Business Placement
Demographics for 18512, PA
12,081
Population
6,272
Households
1.9
Avg Household Size
44
Median Age
29%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
1,069
Density / Sq Mi
$63,097
Median Household Income
$43,249
Median Earnings
$927
Median Rent
$173,500
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-level property with an upstairs apartment and lower-level space that may accommodate another apartment or small business.
Where is this duplex located?
The property is located at 327 Chestnut Street Dunmore, PA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 2‑bedroom apartment on the upper level; Lower level may support another apartment or small business; 1,350 square feet on 0.19 acres
