Four-Unit Quadplex Zoned
For Sale
$339,000
1 3 Ferguson Place, Dunmore, PA 18509
MULTI_FAMILY - Other - Dunmore, PA
Property Size2,800 SF
Lot Size0.04 Acres
Price / SF$121.07
Days on Market156
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 4, Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 6, Basement, 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
Composition, Flat
Architectural style
Other
Listing Agency:
EXP Realty LLC
(888) 397-7352
Listed By:
Elizabeth Williams
(570) 862-1318
Added: Mar 12
Changed: Aug 4
Last Checked: Aug 14 at 2:06PM
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 fully occupied four-unit quadplex at 1 3 Ferguson Place, Dunmore, PA 18509 is designed for investors seeking immediate rental occupancy. The property contains four bedrooms and six bathrooms, along with a basement, and totals 2,800 square feet on a 0.04-acre lot.
Built in 1920, the structure features stucco construction and a roof described as flat with composition materials. Utilities include public water and public sewer, supporting day-to-day residential use across the four units.
The R9 zoning offers a multi-unit residential framework for a stabilized, income-oriented asset in Dunmore.
Built in 1920, the structure features stucco construction and a roof described as flat with composition materials. Utilities include public water and public sewer, supporting day-to-day residential use across the four units.
The R9 zoning offers a multi-unit residential framework for a stabilized, income-oriented asset in Dunmore.
Key Highlights
- Fully occupied four‑unit quadplex
- Zoned R9
- 2,800 square feet total on a 0.04‑acre lot
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
NOI $23,091 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$308.4K
$269.8K – $359.8K
NOI $21,586 @ 7.0% cap · market cap 6.37%
Theoretical Best
Office A
$710.7K
$621.9K – $829.1K
NOI $49,748 @ 7.0% cap · market cap 14.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,228
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit quadplex is zoned R9 and served by public water and sewer.
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: Fully occupied four‑unit quadplex; Zoned R9; 2,800 square feet total on a 0.04‑acre lot
