409 Butler Street Dunmore, PA 18512
MULTI_FAMILY - Other - Dunmore, PA
Property Features for 409 Butler Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 4, Bedroom 2, Basement, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 1
- Parking features
- On Street, Off Street
- Patio and Porch features
- Porch
- Fencing
- Fenced
- Basement
- Full
- Appliances
- Dryer, Refrigerator, Microwave, Free-Standing Electric Oven, Electric Oven
- Standard status
- Active
- APN
- 14615020029
- Size
- 2,120 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 50X86 Bldg & Land W-03 B-0320 L-005A P-00600
- Tax Annual Amount
- 2960
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Number of units
- 2
- Flooring type
- Vinyl, Carpet
- Architectural style
- Other
Listing agent Connie L Seagraves (570) 983-7434
Listing office C21 Jack Ruddy Real Estate 111 W Drinker St, Dunmore, PA (570) 344-6724
Listing date Jul 13, 2026
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.
Additional amenities include a 12' x 20' one-car garage and plenty of off-street parking. Per the seller, the landlord pays heat, sewer, and water, and there is no rental history as the property was family occupied.
The property is a residential income duplex in Dunmore, set on a 0.1-acre lot.
Key Highlights
- Well‑maintained duplex built in 1920 in Dunmore with new vinyl flooring and fresh paint on the 1st floor.
- 1st‑floor unit offers 2 bedrooms and 1 bath; 2nd‑floor unit offers 3 bedrooms and 1 bath.
- Separate electric meters; each unit has its own washer/dryer area.
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 | $26.7k | $12.60 |
| − Vacancy | −$1.7k | −$0.82 |
| EGI | $25.0k | $11.78 |
| − OpEx | −$7.5k | −$3.53 |
| NOI | $17.5k | $8.25 |
