Side-by-Side Duplex with Off-Street Parking

843 Spring Street Avoca, PA 18641

Claim this Listing
Pending
$260,000

MULTI_FAMILY - Other - Avoca, PA

Property size:
1,811 SF
Lot size:
0.26 Acres
Added:
Jun 29, 2026
Days on Market:
12
Last Refresh:
Jul 10 at 5:06 pm

Property Features for 843 Spring Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
4
Bathrooms
2
Rooms
Basement, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1
Parking
4
Parking features
Driveway
Patio and Porch features
Deck, Porch
Interior features
Ceiling Fan(s), Eat-in Kitchen
Basement
Dirt Floor, Unfinished
Appliances
Gas Oven, Washer/Dryer Stacked, Microwave, Refrigerator, Gas Water Heater
Standard status
Pending
APN
02D12SE2001007
Size
1,811 SF
Lot size
0.26 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
BLK:11 DIST:02 CITY/MUNI/TWP:AVOCA BORO 2-3-235-3 843 SPRING ST MAP REF:MAP D12SE2
Tax Annual Amount
2956

Utilities

Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Ductless

Building Details

Year built
1951
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Carpet
Roof type
Composition, Shingle
Architectural style
Other

Listing agent Christine Ives Polizzi License #RS360064

Listing office EXP Realty LLC 630 Freedom Business Center Drive Suite 300, Pittsburgh, PA

Listing date Jun 29, 2026

MLS# SC263087 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 remodeled side-by-side duplex at 843 Spring Street in Avoca offers two units, each with 2 bedrooms and 1 bathroom. The property was extensively updated in 2022 with a new roof, gutters, windows, electrical service, tankless water heaters, siding, furnaces, insulation, flooring, carpeting, kitchens and bathrooms, deck, appliances, and ductless heating and air conditioning systems. Each unit has its own separate electric, gas, and heating systems, with all utilities separately metered except for water and sewer. Off-street parking is available for added tenant convenience.

The duplex sits on a 0.26-acre lot. The home includes outdoor space with a patio and is described as having a peaceful backyard setting. Offers are due by 7 PM Thursday, July 9th.

With two independently served units and month-to-month leases already in place, the property may appeal to owners or investors looking for an income-producing duplex with substantial 2022 improvements completed. Zoning is listed as R1, and the listing notes convenient access to Interstate 81 and nearby shopping and dining within minutes.

Key Highlights

  • 2‑unit side‑by‑side duplex in Avoca, with 2 beds/1 bath per unit
  • Extensively renovated in 2022: new roof, gutters, windows, electrical service, siding, and insulation
  • 2022 upgrades include furnaces, tankless water heaters, ductless heating/air conditioning, and flooring/carpet

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 $22.8k $12.60
− Vacancy −$1.9k −$1.07
EGI $20.9k $11.53
− OpEx −$6.3k −$3.46
NOI $14.6k $8.07
1,811 SF · lease $12.60/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$208.8K
$182.7K – $243.6K (±1% cap)
NOI $14,615 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$193.6K
$169.4K – $225.9K (±1% cap)
NOI $13,555 @ 7.0% cap · market cap 5.21%
Theoretical Best
Office A
$573.7K
$502.0K – $669.4K (±1% cap)
NOI $40,161 @ 7.0% cap · market cap 15.45%
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

Real Estate Agency Law Firm Dental Office HVAC Service Hair Salon Pharmacy Nail Salon Skin Care Clinic (Bike/Boat/Book/etc) Store Electrical Service

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

FAQs

What type of property is this?
Duplex - Remodeled 2-unit duplex with separate utilities and off-street parking, currently on month-to-month leases.
Where is this duplex located?
The property is located at 843 Spring Street Avoca, PA.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: 2‑unit side‑by‑side duplex in Avoca, with 2 beds/1 bath per unit; Extensively renovated in 2022: new roof, gutters, windows, electrical service, siding, and insulation; 2022 upgrades include furnaces, tankless water heaters, ductless heating/air conditioning, and flooring/carpet
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More about this property
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