Four-Unit Quadplex Investment
For Sale
$339,000
1 3 Ferguson Place, Dunmore, PA 18509
Fully occupied four-unit quadplex built in 1920, offering immediate rental occupancy.
Property Size2,800 SF
Days on Market240
Property Features for 1 3 Ferguson Place
General Information
Standard status
Active
Size
2,800 SF
Property subtype
Multi Family
Occupancy
100%
Taxes and HOA fees
Annual Taxes
$2,451
Building Details
Building Size
2,800 SF
Year Built
1920
Tenancy
Multi
Listing Agency:
EXP Realty LLC
Listed By:
Elizabeth Williams
(570) 862-1318
Source:
Luxehomesnepa
Added: Mar 12
Changed: Oct 31
Last Checked: Nov 4 at 10:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC
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Investment Insights
Based on property information with market context.
This four-unit quadplex investment property is fully occupied, with all units currently rented. The configuration provides four separate rental units within a single income property, supporting an all-in-one approach for ownership and management.
Built in 1920, the property is positioned in Dunmore, PA 18509 and is described as being conveniently located near local amenities, shopping, and major routes. This accessibility can be beneficial for tenant convenience and day-to-day operations.
The building’s current occupancy status makes it suitable for buyers seeking a stabilized, occupied multi-unit asset rather than a vacant-property redevelopment scenario.
Built in 1920, the property is positioned in Dunmore, PA 18509 and is described as being conveniently located near local amenities, shopping, and major routes. This accessibility can be beneficial for tenant convenience and day-to-day operations.
The building’s current occupancy status makes it suitable for buyers seeking a stabilized, occupied multi-unit asset rather than a vacant-property redevelopment scenario.
Key Highlights
- Fully occupied quadplex with all four units currently rented
- Four‑unit income property in Dunmore, PA 18509
- Year built: 1920
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,091
Cap Rate
6.81%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
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See the owner, sales and loan history
Open Analytics
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
$176,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Quadplexes in Lackawanna County, PA
Properties on Market for Quadplexes in Lackawanna County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied four-unit quadplex built in 1920, offering immediate rental occupancy.
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 quadplex with all four units currently rented; Four‑unit income property in Dunmore, PA 18509; Year built: 1920
