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Centrally Located Duplex

695 Main Street Dallas, PA 18612

695 Main Street, Dallas, PA, 18612
$195,000
For Sale
$195,000

MULTI_FAMILY - Dallas, PA

Property Size1,600 SF
Lot Size0.32 Acres
Price / SF$121.88
Days on Market25

Property Features for 695 Main Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2
Parking features
Off Street
Exterior features
Vinyl
Standard status
Active
APN
E8S400414A-10
Size
1,600 SF
Lot size
0.32 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
Tenant belongings
Tax Annual Amount
2298

Utilities

Heating system
Electric (Heating), Baseboard
Water source
Public

Building Details

Roof type
Shingle
Listing Agency Berkshire Hathaway HomeServices Poggi, REALTORS
1149 Wyoming Avenue, Forty Fort, PA
Listed by Edmund H Poggi IV · License #RM421804
Added: Jun 25 Checked: Jul 19 at 3:06 pm
MLS# 26-488 Listing URL

Copyright © 2026 Luzerne County Association 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 centrally located duplex offers two separate apartments. Each unit includes four rooms with two bedrooms and one bathroom, along with semi-modern kitchen and bath features and ample closet space. Laundry hook-ups are available in each apartment, supporting everyday convenience.

The property is located at 695 Main Street in Dallas, Pennsylvania, within Dallas Township. The listing also notes a separate parking area for each tenant, along with separate utilities for each unit.

For tenants or buyers seeking a straightforward residential income configuration, the unit layout is consistent across both apartments, with two-bedroom, one-bath space and in-unit laundry connections. The separation of utilities and parking by unit can simplify resident management and day-to-day operations compared with shared service arrangements.

Key Highlights

  • Duplex with 2 apartments; each unit has 2 bedrooms and 1 bath
  • Separate utilities and separate parking area for each tenant
  • Laundry hook‑ups available in each apartment

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 $20.2k $12.60
− Vacancy −$1.7k −$1.07
EGI $18.4k $11.53
− OpEx −$5.5k −$3.46
NOI $12.9k $8.07
1,600 SF · lease $12.60/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$184.5K
$161.4K – $215.2K (±1% cap)
NOI $12,912 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$171.1K
$149.7K – $199.6K (±1% cap)
NOI $11,976 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$506.9K
$443.5K – $591.4K (±1% cap)
NOI $35,482 @ 7.0% cap · market cap 18.20%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Gym & Fitness Center Grocery & Convenience Store Garden Center Daycare Center Electrical Service (Bike/Boat/Book/etc) Store Skin Care Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with two 2-bedroom units, each with separate utilities, parking, and laundry hookups.
Where is this duplex located?
The property is located at 695 Main Street Dallas, PA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Duplex with 2 apartments; each unit has 2 bedrooms and 1 bath; Separate utilities and separate parking area for each tenant; Laundry hook‑ups available in each apartment
Contact an agent
More about this property
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