Occupied Duplex with Off-Street
For Sale
$187,900
1125 MARKET Street, Williamsport, PA 17701
Multi-Units, Williamsport, PA
Property Size1,480 SF
Lot Size0.14 Acres
Price / SF$126.96
Days on Market54
Property Features for 1125 MARKET Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1B
Bedrooms
4
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2
Parking features
Alley
View
City
Elementary school district
Williamsport
Middle school district
Williamsport
High school district
Williamsport
Subdivision
WILLIAMSPORT CITY
Standard status
Active
APN
74+,008.0-0401.00-000+
Size
1,480 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
2528
Utilities
Heating system
Natural Gas
Water source
Public
Amenities
coin-op laundry
Building Details
Year built
1904
Floors in Building
2
Number of units
2
Flooring type
Laminate, Vinyl, Carpet
Building materials
Frame, Aluminum Siding
Roof type
Shingle, Rubber
Listing Agency:
Iron Valley Real Estate North Central PA
(570) 979-1002
Listed By:
Lori M Solomon · License #RS314921
(570) 337-2632
Added: Jul 21
Changed: Sep 7
Last Checked: Sep 12 at 2:06PM
MLS# WB-104435
Copyright © 2026 West Branch 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.
Investment Insights
Based on property information with market context.
This 1,480-square-foot duplex contains four bedrooms and two bathrooms within a frame-built structure finished with aluminum siding. The property was constructed in 1904 and includes laminate, vinyl, and carpet flooring, natural gas heat, public water, and shingle and rubber roofing. Improvements include work to the kitchens, bathrooms, flooring, paint, and rubber roof. A coin-operated laundry area serves the tenants, while alley access provides off-street parking. The property is fully occupied and currently managed by One Focus. Located at 1125 Market Street in Williamsport, Pennsylvania, the 0.14-acre parcel carries R1B zoning.
Key Highlights
- Fully occupied duplex with 1,480 square feet
- Four bedrooms and two bathrooms
- 0.14‑acre parcel with R1B zoning
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
$12,075
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
6.43%
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%
$241,500
$241.5K
Cap Rate 7%
$172,500
$172.5K
Cap Rate 9%
$134,167
$134.2K
Market Conditions
NOI Build-Up for 1,480 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
$18.6K $12.60/SF
− Vacancy
−$1.4K −$0.95/SF
EGI
$17.2K $11.66/SF
− OpEx
−$5.2K −$3.50/SF
NOI
$12.1K $8.16/SF
Area
Lycoming County, PA
Vacancy
7.50%
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%
$241,500
Cap Rate 7%
$172,500
Cap Rate 9%
$134,167
Alternative Uses
Best Use
Multifamily LT 5
$172.5K
$150.9K – $201.3K
NOI $12,075 @ 7.0% cap · market cap 6.43%
Second Best
Apartment 5plus
$160.0K
$140.0K – $186.6K
NOI $11,198 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$318.9K
$279.1K – $372.1K
NOI $22,326 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
875
Businesses Nearby
Explore this area
Business Placement
Demographics for 17701, PA
43,197
Population
20,891
Households
2.1
Avg Household Size
38
Median Age
28%
College-Educated
91%
High-School Grad
98.0 sq mi
ZIP Area
441
Density / Sq Mi
$52,770
Median Household Income
$33,643
Median Earnings
$869
Median Rent
$176,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property includes coin-operated laundry and updates to kitchens, bathrooms, flooring, paint, and roofing.
Where is this duplex located?
The property is located at 1125 MARKET Street Williamsport, PA.
What is the asking price?
The asking price for this property is $187,900.
What are key features of this property?
This property features: Fully occupied duplex with 1,480 square feet; Four bedrooms and two bathrooms; 0.14‑acre parcel with R1B zoning
