Well-Maintained Duplex in Peckville,
423 Keystone Avenue Peckville, PA 18452
423 Keystone Avenue, Peckville, PA, 18452
$229,900
Pending
For Sale
$229,900
Pending
MULTI_FAMILY - Peckville, PA
Property Size1,980 SF
Lot Size0.09 Acres
Days on Market72
Property Features for 423 Keystone Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 4, Basement, Bathroom 2, Bedroom 3, Bedroom 1, Bathroom 1
- Basement
- Unfinished
- Standard status
- Pending
- APN
- 10316060062
- Size
- 1,980 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1743
Building Details
- Year built
- 1950
- Floors in Building
- 3
- Number of units
- 2
Listing Agency
REALTY NETWORK GROUP
(570) 585-6880
222 NORTHERN BLVD, Clarks Summit, PA
Listed by
Ann A Sheroda · License #AB067350
(570) 498-4990
Added: May 10 Updated: Jun 9 at 1:32 pm Checked: Jul 20 at 8:06 pm
MLS# SC262107
Listing URL
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 well-maintained two-unit property is located in Peckville, PA, within the Valley View School District. Each unit features 2 bedrooms and one bathroom. The property has gas heat and separate electrical service for each unit. A washer and dryer are included in the first-floor unit, and hookups are available in the basement for the second-floor unit. The property includes a carport. The lot size is 0.09 acres, and the property size is 1980 square feet. The zoning is R2, indicating its use as a residential income property.
Key Highlights
- Two‑unit property built in 1950 in the Valley View School District
- Each unit features 2 bedrooms and 1 bathroom
- Gas heat with separate electrical service for the units
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 | $24.9k | $12.60 |
| − Vacancy | −$1.6k | −$0.82 |
| EGI | $23.3k | $11.78 |
| − OpEx | −$7.0k | −$3.53 |
| NOI | $16.3k | $8.25 |
1,980 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$233.3K
$204.1K – $272.1K
NOI $16,328 @ 7.0% cap · market cap 7.10%
Second Best
Apartment 5plus
$218.1K
$190.8K – $254.4K
NOI $15,264 @ 7.0% cap · market cap 6.64%
Theoretical Best
Office A
$502.6K
$439.7K – $586.3K
NOI $35,179 @ 7.0% cap · market cap 15.30%
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 - Two-unit property in Valley View School District with separate utilities.
Where is this duplex located?
The property is located at 423 Keystone Avenue Peckville, PA.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Two‑unit property built in 1950 in the Valley View School District; Each unit features 2 bedrooms and 1 bathroom; Gas heat with separate electrical service for the units
