Two-Unit Duplex with Expansion
For Sale
$185,000
345 E 4TH Street, Bloomsburg, PA 17815
MULTI_FAMILY - Bloomsburg, PA
Property Size1,514 SF
Lot Size0.06 Acres
Price / SF$122.19
Days on Market190
Property Features for 345 E 4TH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-U
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Basement, Bedroom 2, Bedroom 1, Bathroom 2, Bathroom 1
Basement
Full
Subdivision
0-None
Elementary school district
Bloomsburg
Middle school district
Bloomsburg
High school district
Bloomsburg
Directions
East Street to Fourth, house on the left
Standard status
Active
APN
05E-03-370-00
Size
1,514 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
1678
Utilities
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1900
Number of units
2
Flooring type
1.00
Building materials
Block, Frame
Roof type
Metal
Architectural style
Other
Listing Agency:
EXP Realty, LLC
(888) 397-7352
Listed By:
TONY DAYHOFF · License #RS354788
(301) 964-0038
Added: Feb 2
Changed: Jul 22
Last Checked: Aug 11 at 12:06AM
MLS# C-322
Copyright © 2026 Central Susquehanna Valley Board 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 offers functional layouts across its existing living spaces, with the property described as fully occupied. The roof was replaced in 2021, which helps reduce near-term exterior maintenance concerns. In addition, the third floor is described as a blank slate, providing flexibility for a tenant-ready living area or other added space based on your plans.
The property is located at 345 E 4TH Street in Bloomsburg, Pennsylvania. The listing notes the asset is within close proximity to Bloomsburg University, Bloomsburg Hospital, and downtown, which may be relevant for renters who prefer access to local employment and daily services.
For investors, an occupied two-unit setup can provide immediate income while the third floor presents an opportunity to add additional finished living space when desired. For owner-occupants, the property’s duplex structure can support multi-unit living with potential to tailor the third-floor area to your needs. As presented, this offering combines existing rental presence with a defined exterior update and a controllable path for future interior expansion.
The property is located at 345 E 4TH Street in Bloomsburg, Pennsylvania. The listing notes the asset is within close proximity to Bloomsburg University, Bloomsburg Hospital, and downtown, which may be relevant for renters who prefer access to local employment and daily services.
For investors, an occupied two-unit setup can provide immediate income while the third floor presents an opportunity to add additional finished living space when desired. For owner-occupants, the property’s duplex structure can support multi-unit living with potential to tailor the third-floor area to your needs. As presented, this offering combines existing rental presence with a defined exterior update and a controllable path for future interior expansion.
Key Highlights
- Fully occupied 2‑unit property with strong rental demand and immediate cash‑flow potential
- Third floor is a blank slate for expansion or additional living space
- New metal roof installed in 2021
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
$16,013
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
8.66%
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%
$320,260
$320.3K
Cap Rate 7%
$228,757
$228.8K
Cap Rate 9%
$177,922
$177.9K
Market Conditions
NOI Build-Up for 1,514 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
$31.6K $20.88/SF
− Vacancy
−$2.5K −$1.65/SF
EGI
$29.1K $19.23/SF
− OpEx
−$13.1K −$8.65/SF
NOI
$16.0K $10.58/SF
Area
Columbia County, PA
Vacancy
7.90%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
45.00%
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%
$320,260
Cap Rate 7%
$228,757
Cap Rate 9%
$177,922
Alternative Uses
Best Use
Multifamily LT 5
$257.1K
$225.0K – $300.0K
NOI $17,999 @ 7.0% cap · market cap 9.73%
Second Best
Apartment 5plus
$228.8K
$200.2K – $266.9K
NOI $16,013 @ 7.0% cap · market cap 8.66%
Theoretical Best
Office A
$507.6K
$444.2K – $592.2K
NOI $35,533 @ 7.0% cap · market cap 19.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,126
Businesses Nearby
Explore this area
Business Placement
Demographics for 17815, PA
28,936
Population
12,661
Households
2.3
Avg Household Size
36
Median Age
32%
College-Educated
93%
High-School Grad
125.7 sq mi
ZIP Area
230
Density / Sq Mi
$66,145
Median Household Income
$36,695
Median Earnings
$968
Median Rent
$216,700
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 - Fully occupied duplex with a new roof from 2021 and a third-floor space ready to be finished or expanded.
Where is this duplex located?
The property is located at 345 E 4TH Street Bloomsburg, PA.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Fully occupied 2‑unit property with strong rental demand and immediate cash‑flow potential; Third floor is a blank slate for expansion or additional living space; New metal roof installed in 2021
