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

    992 ASH Street Danville, PA 17821

    View on Map
    Claim this Listing
    New
    For Sale
    $210,000

    Two Story, Multi-Family - Danville, PA

    Property size:
    3,564 SF
    Lot size:
    0.11 Acres
    Added:
    Apr 17, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 19 at 6:06 am

    Property Features for 992 ASH Street

    General Information

    Property type
    Residential Multi Family
    Zoning
    multi
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3
    Standard status
    Active
    APN
    14-81-159
    Size
    3,564 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2612.86

    Building Details

    Year built
    1900
    Floors in Building
    2
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Rosa Deem

    Listing agent Rosa Deem License #RS372707

    Listing office Adventure Realty 322 Mill Street, Danville, PA 17821, Danville, PA

    Listing date Apr 17, 2026

    MLS# C-981 Listing URL

    Copyright © 2026 Central Susquehanna 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.

    Overview

    Multi-Unit Property Near Geisinger

    This multi-unit property in Danville, PA, presents a great investment opportunity. It features two units: a one-bedroom unit on the first floor and a two-bedroom apartment on the second floor. The upstairs unit is currently occupied by a long-term tenant on a month-to-month lease, providing immediate rental income of $850 per month. The property size is 3564 square feet and the lot size is 0.11 acres. All utilities are paid by the owner. Additional features include a quaint yard and a two-car garage for storage or tenant use. The property is conveniently located close to Geisinger Medical Center, making it attractive to tenants seeking proximity to major employment and amenities. The zoning is multi.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Danville
    County
    Montour
    State
    Pennsylvania
    Longitude
    -76.610891
    Latitude
    40.965533

    Nearby Similar for Sale

    • $380,000

      Danville Commercial Storefront with Residence

      Commercial storefront with restaurant, rental property, and owner's residence.
      506 - 510 MILL Street, Danville, PA 17821
      View Details
    • $199,899
      3,172 SF

      Danville Multifamily Investment Opportunity

      Cash-flowing rental properties near major employers and downtown Danville.
      152-154 FOUST Street, DANVILLE, PA 17821
      View Details
    • $349,000

      Commercial Log Home on Two Acres

      Commercial log home on 2 acres with business potential.
      112 Mccracken Rd, Danville, PA, 17821-9527
      View Details
    • $595,000
      14,000 SF

      Downtown Danville Commercial/Warehouse Space

      14,000+ sqft commercial/warehouse space with office, solar panels.
      544 Ferry St, Danville, PA, 17821-1009
      View Details
    • $395,000

      Commercial Space Near Danville

      Commercial space suitable for store, gas station, or mini-market.
      2123 Montour Blvd, Danville, PA, 17821-8709
      View Details
    • Contact for pricing
      20,000 SF

      Turnkey Event Venue with Upscale Features

      Fully renovated 20,000 SF event venue near I-80.
      533 Liberty Valley Rd, Danville, PA 17821
      View Details
    • Contact for pricing
      20,000 SF

      Turnkey Event Venue in Danville

      Fully renovated 20,000 SF event venue near I-80.
      533 Liberty Valley Rd, Danville, PA 17821
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Two-unit property with income potential near Geisinger Medical Center.
    Where is this multifamily property located?
    The property is located at 992 ASH Street Danville, PA.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: Strong income potential from two rental units.; Convenient location near Geisinger Medical Center.; Immediate rental income from existing tenant ($850/month).
    (570) 447-9906
    We can help!
    Listing Contact
    Rosa Deem
    Real Estate License ID: RS372707
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!