Turnkey Duplex with On-Site
743-745 W 3RD Street Williamsport, PA 17701
For Sale
$360,000
MULTI_FAMILY - Williamsport, PA
Property Size3,213 SF
Lot Size0.17 Acres
Price / SF$112.04
Days on Market15
Property Features for 743-745 W 3RD Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
9
Rooms
Bedroom 3, Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 9, Bedroom 2, Bedroom 8, Bedroom 4, Bedroom 1
Parking features
Alley
Standard status
Active
APN
65+,003.0-0337.00-000+
Size
3,213 SF
Lot size
0.17 Acres
Taxes and HOA fees
Tax Annual Amount
3511
Utilities
Heating system
Natural Gas, Hot Water(Heating)
Water source
Public
Building Details
Year built
1901
Floors in Building
2
Number of units
2
Flooring type
Linoleum, Wood
Building materials
Frame, Wood Siding
Roof type
Shingle
Listing Agency:
Iron Valley Real Estate North Central PA
(570) 979-1002
Listed By:
Dawn Dyer · License #RS343310
(570) 916-8266
Added: Jul 14
Last Checked: Jul 28 at 8:06AM
MLS# WB-104371
Copyright © 2026 West Branch Valley Board 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 fully rented duplex includes two furnished apartments with a total of 9 bedrooms and 4 full bathrooms. Unit 743 is a renovated 5-bedroom, 2-bath apartment with an open-concept layout and a stainless steel kitchen with modern finishes. Unit 745 is a spacious 4-bedroom, 2-bath Victorian-style apartment featuring hardwood floors and large bedrooms. Both units offer free on-site laundry, and all utilities are included except internet.
Located in Williamsport, PA and zoned R3, the property is set up for tenant convenience with a large off-street parking lot. It is listed for sale at 743-745 W 3RD Street in Lycoming County.
The building is positioned as a turnkey rental property with two separate furnished units and shared practical amenities designed to support day-to-day occupancy.
Located in Williamsport, PA and zoned R3, the property is set up for tenant convenience with a large off-street parking lot. It is listed for sale at 743-745 W 3RD Street in Lycoming County.
The building is positioned as a turnkey rental property with two separate furnished units and shared practical amenities designed to support day-to-day occupancy.
Key Highlights
- Fully rented student housing with 2 furnished apartments totaling 9 bedrooms and 4 full baths
- 5‑bedroom, 2‑bath unit with renovated open‑concept layout and stainless steel kitchen
- 4‑bedroom, 2‑bath Victorian‑style unit with hardwood floors and large bedrooms
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 | $40.5k | $12.60 |
| − Vacancy | −$3.0k | −$0.95 |
| EGI | $37.4k | $11.66 |
| − OpEx | −$11.2k | −$3.50 |
| NOI | $26.2k | $8.16 |
3,213 SF · lease $12.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$374.5K
$327.7K – $436.9K
NOI $26,213 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$347.3K
$303.9K – $405.2K
NOI $24,309 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$692.4K
$605.9K – $807.8K
NOI $48,470 @ 7.0% cap · market cap 13.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Fully rented duplex in Williamsport with two furnished apartments, free on-site laundry, and a large off-street parking lot.
Where is this duplex located?
The property is located at 743-745 W 3RD Street Williamsport, PA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Fully rented student housing with 2 furnished apartments totaling 9 bedrooms and 4 full baths; 5‑bedroom, 2‑bath unit with renovated open‑concept layout and stainless steel kitchen; 4‑bedroom, 2‑bath Victorian‑style unit with hardwood floors and large bedrooms
