Duplex Investment
38 W POTOMAC Street W Williamsport, MD 21795
38 W POTOMAC Street W, Williamsport, MD, 21795
$374,995
For Sale
$374,995
MULTI_FAMILY - WILLIAMSPORT, MD
Property Size2,400 SF
Lot Size0.14 Acres
Price / SF$156.25
Days on Market20
Property Features for 38 W POTOMAC Street W
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Rooms
- Basement
- Parking features
- On Street
- Interior features
- Window Treatments
- Appliances
- Refrigerator, Stove
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2298
Utilities
- Heating system
- Baseboard, Electric (Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1878
- Number of units
- 2
- Building materials
- Vinyl Siding
Listing agency
Keller Williams Realty Advantage
(304) 901-4886
Listed by
Megan E Icenhour · License #5022553
(304) 671-2881
Added: Jul 4 Updated: Jul 22 at 11:18PM Checked: Jul 23 at 6:06AM
MLS# MDWA2037498
Copyright © 2026 Bright 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 duplex investment property offers two residential sides within a single structure, with one side currently rented on an annual lease and the other owner-occupied. The property includes durable vinyl siding and spacious units. Recent exterior and safety improvements reported by the seller include a metal roof installed in 2015, new shingle roofing in 2024, new gutters, updated siding, added insulation, and new smoke detectors.
The property is located on W Potomac Street in Williamsport, Maryland, on a 0.14-acre lot. The seller notes convenient access to the area.
A tenant is currently in place on the leased side at $850 per month, with additional details subject to buyer verification. Buyer should verify all income, expenses, zoning, and intended use.
The property is located on W Potomac Street in Williamsport, Maryland, on a 0.14-acre lot. The seller notes convenient access to the area.
A tenant is currently in place on the leased side at $850 per month, with additional details subject to buyer verification. Buyer should verify all income, expenses, zoning, and intended use.
Key Highlights
- Duplex with approx. 2,400 SF on a 0.14‑acre lot on Potomac Street
- One side currently rented on an annual lease at $850/month; the other side is owner‑occupied
- Recent roofing improvements: metal roof (2015) and new shingle roofing (2024) plus new gutters
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 | $38.9k | $16.20 |
| − Vacancy | −$2.9k | −$1.22 |
| EGI | $36.0k | $14.99 |
| − OpEx | −$10.8k | −$4.50 |
| NOI | $25.2k | $10.49 |
2,400 SF · lease $16.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$359.6K
$314.7K – $419.6K
NOI $25,175 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$322.7K
$282.3K – $376.5K
NOI $22,587 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$532.4K
$465.8K – $621.1K
NOI $37,266 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sheetz
Car Wash
Williamsport Pharmacy
Pharmacy
PNC ATM
Atm
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with two sides, one leased on an annual basis and the other owner-occupied, with recent exterior updates.
Where is this duplex located?
The property is located at 38 W POTOMAC Street W Williamsport, MD.
What is the asking price?
The asking price for this property is $374,995.
What are key features of this property?
This property features: Duplex with approx. 2,400 SF on a 0.14‑acre lot on Potomac Street; One side currently rented on an annual lease at $850/month; the other side is owner‑occupied; Recent roofing improvements: metal roof (2015) and new shingle roofing (2024) plus new gutters
