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    1112 Ridge Ave Dunmore, PA 18510

    New
    For Sale
    $270,000

    Updated two-unit duplex with potential for $30K gross income.

    Property Features for 1112 Ridge Ave

    General Information

    Interior features
    Interior Feature 1, : "Steam"
    Exterior features
    exterior_features, : ["Comp Shingle"]

    Building Details

    Year built
    1930

    Source: eXp Realty- Scranton/Wilkes-Barre Agent eXp Realty- Scranton/Wilkes-Barre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Dunmore Duplex with Rental Income

    This Dunmore duplex features two units and offers the potential to earn up to $30,000 in gross rental income. The property has been recently updated. The lower unit includes 3 bedrooms and 1 bathroom and is currently rented for $1300 per month. The upstairs unit, which is vacant, has been completely renovated and features 2 bedrooms and 1 bathroom. This property is suitable for an owner-occupant looking to move in or for renting out the upstairs unit to maximize income.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Dunmore
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.63908
    Latitude
    41.412273

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    FAQs

    What type of property is this?
    Duplex - Updated two-unit duplex with potential for $30K gross income.
    Where is this duplex located?
    The property is located at 1112 Ridge Ave Dunmore, PA.
    What is the asking price?
    The asking price for this property is $270,000.
    What are key features of this property?
    This property features: - Potential for $30K gross rental income.; - Freshly updated two-unit duplex.; - Lower unit currently rented at $1300/month.
    Request Owner's contact information
    1112 Ridge Ave Dunmore, PA 18510
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    Realmo Value Estimation

    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.

    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.

    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
    1112 Ridge Ave Dunmore, PA 18510
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