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Four-Unit Stucco Quadplex
For Sale
$339,000

1 3 Ferguson Place, Dunmore, PA 18509

Residential Income, Dunmore, PA

Property Size2,800 SF
Lot Size0.04 Acres
Price / SF$121.07
Days on Market201

Property Features for 1 3 Ferguson Place

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R9
Zoning description Multi-Family
Bedrooms 4
Bathrooms 6
Full bathrooms 4
Half bathrooms 2
Rooms Bedroom 1, Bathroom 3, Basement, Bathroom 4, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 6, Bathroom 5
Basement Partial
Elementary school district Dunmore
Middle school district Dunmore
High school district Dunmore
Directions From Greenridge Street, take a left on Jefferson Ave. Then take a left at Larch St and a right onto Adams Ave. Then take a left onto Ferguson Pl. It is located on the corner.
Standard status Active
APN 14610010005
Size 2,800 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2452

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1920
Floors in Building 2
Number of units 4
Building materials Stucco
Roof type Flat, Composition
Architectural style Other
Listing Agency: EXP Realty LLC
Listed By: Elizabeth Williams
Added: Mar 12 Changed: Sep 12 Last Checked: Sep 28 at 3:06PM
MLS# SC261067

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 four-unit multifamily property at 1 3 Ferguson Place in Dunmore, Pennsylvania, contains 2,800 square feet on a 0.04-acre lot. Built in 1920, the building has stucco construction, a basement, four bedrooms, and six bathrooms. The roof is identified as both flat and composition, with public water and public sewer serving the property.

All four units are currently rented, providing a fully occupied configuration. The property is zoned R9 and is situated near local amenities, shopping, and major routes in Dunmore, Lackawanna County.

Key Highlights

  • Four‑unit property with all units currently rented
  • 2,800 square feet on a 0.04‑acre lot
  • Built in 1920 with stucco construction

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,091
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.81%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$461,820 $461.8K
Cap Rate 7%
$329,871 $329.9K
Cap Rate 9%
$256,567 $256.6K
Market Conditions
NOI Build-Up for 2,800 SF 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.
Gross rent
$35.3K $12.60/SF
− Vacancy
−$2.3K −$0.82/SF
EGI
$33.0K $11.78/SF
− OpEx
−$9.9K −$3.53/SF
NOI
$23.1K $8.25/SF
Area
Lackawanna County, PA
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$461,820
Cap Rate 7%
$329,871
Cap Rate 9%
$256,567

Alternative Uses

Best Use
Multifamily LT 5
$329.9K
$288.6K – $384.9K (±1% cap)
NOI $23,091 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$308.4K
$269.8K – $359.8K (±1% cap)
NOI $21,586 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$710.7K
$621.9K – $829.1K (±1% cap)
NOI $49,748 @ 7.0% cap · market cap 14.67%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Locksmith HVAC Service Tattoo & Piercing Shop Bakery Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,228
Businesses Nearby

Demographics for 18509, PA

13,720
Population
6,017
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
3.0 sq mi
ZIP Area
4,573
Density / Sq Mi
$52,206
Median Household Income
$31,657
Median Earnings
$991
Median Rent
$176,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied multifamily property with public water and public sewer service.
Where is this quadplex located?
The property is located at 1 3 Ferguson Place Dunmore, PA.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: Four‑unit property with all units currently rented; 2,800 square feet on a 0.04‑acre lot; Built in 1920 with stucco construction
More about this property
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