Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    725 Farren St Portage, PA 15946

    View on Map
    Sponsored
    For Sale
    $119,900

    Multi-Family - Portage, PA

    Type:Multi Family
    Property size:
    2,420 SF
    Lot size:
    0.05 Acres
    Days on Market:
    45
    Last Refresh:
    Mar 16 at 8:06 pm

    Property Features for 725 Farren St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    Not Zoned
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Living Room
    Bedrooms
    5
    Bathrooms
    2
    Parking features
    None, On Street
    Interior features
    Bath Updated, Eat-in Kitchen, Kitchen Updated, Main Floor Bedroom, Walk-up Attic, Basement, Kitchen, Living Room, Refrigerator Included, Stove Included, Other-see Comments, Attic, Garbage Cost Included, Heat Cost Included, Kitchen, Living Room, Refrigerator Included, Sewage Cost Included, Stove Included, Water Cost Included, Other-see Comments
    Fireplace
    1
    Basement Y/N
    1
    Appliances
    Dryer, Range, Refrigerator
    Size
    2,420 SF
    Lot size
    0.05 Acres

    Utilities

    Utilities
    Water Available
    Heating system
    Fireplace(s), Hot Water (Heating)

    Building Details

    Number of units
    2
    Building materials
    Brick, Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Bob & Bobby Colvin

    RE/MAX Team, REALTORS (814) 262-7653

    Listing agent Bob & Bobby Colvin (814) 262-7653

    Listing date Jan 30, 2026

    MLS# 96037642 Listing URL

    Copyright © 2026 Cambria Somerset 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.

    Learn more

    Property Insight Report

    Overview

    Well-Maintained Portage Investment Property

    This well-maintained two-unit investment property is located in Portage Boro. The vinyl-sided and brick building features a nicely updated one-bedroom, one-bath apartment on the main floor. This unit includes a spacious living room and an oak kitchen with appliances. The tenant is long term and rents the unit for $400 per month, plus electric, water, and sewer. The second unit, previously occupied by the seller, includes a large living room, an eat-in kitchen with appliances, three bedrooms, and one bath on the second floor, plus a fourth bedroom and bonus room on the third floor. Additionally, there is a large storage area at the rear of the main level. Unit 1 has electric heat, while Unit 2 has gas hot water heat. The property also features a fenced yard, covered patio and deck, and on-street parking. It is situated on a corner lot. The property size is 2420 square feet and the lot size is 0.05 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Kitchen & Bath Showroom Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Portage
    County
    Cambria
    State
    Pennsylvania
    Longitude
    -78.6712946
    Latitude
    40.3852171

    Nearby Similar for Sale

    • New
      $224,900
      5,000 SF

      Established Restaurant on Main Street

      Turn-key restaurant opportunity in Portage, PA with updated features.
      709 Main St, Portage, PA 15946
      View Details
    • $279,000
      0.11 Acres

      Portage Commercial Building with Tenant

      Well-maintained commercial property with tenants in a prime location.
      605 Main St, Portage, PA 15946
      View Details
    • $219,900
      15,500 SF

      Versatile Commercial Building in Portage

      Expansive commercial building with ballroom, kitchen, and apartment potential.
      701 Main St, Portage, PA 15946
      View Details
    • New
      $279,000
      6,800 SF

      Versatile Commercial Building in Portage

      Well-maintained commercial property with income potential in a prime location.
      605 Main St, Portage, PA 15946
      View Details
    • $219,900
      15,500 SF

      Versatile Commercial Building in Portage

      15,500 sq ft commercial building with ballroom and apartment potential.
      701 Main St, Portage, PA 15946
      View Details
    • New
      $279,000
      6,800 SF

      Commercial Building in Portage, PA

      Well-maintained commercial property with versatile space and income potential.
      605 Main St, Portage, PA 15946
      View Details
    • $219,900
      5,500 SF

      Versatile Commercial Building in Portage

      Expansive commercial building with ballroom, kitchen, and apartment potential.
      701 Main St, Portage, PA 15946
      View Details
    • $199,900
      Pending

      Portage Multi-Family Investment Opportunity

      Four-unit multi-family property in Portage, PA with strong cash flow.
      131-135 Munster Rd, Portage, PA 15946
      View Details
    • $249,900
      5,000 SF

      Portage Restaurant - Turnkey Opportunity

      Established Restaurant, 5,000 SF, All Equipment Included
      709 Main St, Portage, PA 15946
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-unit property with long-term tenant and owner's unit.
    Where is this duplex located?
    The property is located at 725 Farren St Portage, PA.
    What is the asking price?
    The asking price for this property is $119,900.
    What are key features of this property?
    This property features: - Two-unit investment property with rental income from Unit 1; - Unit 2 features **4 bedrooms and a bonus room**; - Updated one-bedroom apartment in Unit 1 with long-term tenant
    (814) 262-7653
    Request Owner's contact information
    725 Farren St Portage, PA 15946
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    725 Farren St
    Portage, PA 15946
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    725 Farren St Portage, PA 15946
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Bob & Bobby Colvin
    (814) 262-7653 (814) 421-5643
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!