Five-Unit Apartment Property with
New
For Sale
$374,900
1363 Frankstown Road, Johnstown, PA 15902
Multi-Family, Cabin/Cottage, Multi-Level, Johnstown, PA
Property Size4,700 SF
Lot Size0.72 Acres
Price / SF$79.77
Days on Market2
Property Features for 1363 Frankstown Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Commercial
Bedrooms
9
Bathrooms
5
Rooms
Bedroom 7, Bedroom 6, Bathroom 4, Bedroom 2, Basement, Bathroom 1, Bedroom 1, Bedroom 9, Bathroom 5, Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 8, Bathroom 2, Bathroom 3
Appliances
Dryer, Range Oven, Refrigerator, Washer, Washer/Dryer Stacked, Window Treatments
Lot features
Corner Lot, Rectangular
Elementary school district
Conemaugh Valley
Middle school district
Conemaugh Valley
High school district
Conemaugh Valley
Directions
From Richland Township, follow Frankstown Rd South into Conemaugh Township, property on right.
Subdivision
Conemaugh Twp-Cambria-14
Standard status
Active
APN
14-014-111
Size
4,700 SF
Lot size
0.72 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
2554/548
Tax Annual Amount
3462
Legal Description
2554/548
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Radiant
Cooling system
Window Unit(s)
Water source
Public
Building Details
Floors in Building
3
Number of units
5
Flooring type
Vinyl, Laminate, Carpet
Building materials
Brick, Masonary, Vinyl Siding
Roof type
Shingle
Architectural style
Other, Cottage
Listing Agency:
HOWARD HANNA BARDELL REALTY SOMERSET
(814) 445-6587
Listed By:
Justin Vardian
(814) 254-6118
Added: Oct 14
Last Checked: Oct 15 at 6:06AM
MLS# 96042745
Copyright © 2026 Cambria Somerset Association 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.
The 4,700-square-foot property comprises a three-story brick building with four apartments and a separate cottage as the fifth unit. Set on 0.72 acres, the property has Commercial zoning. Kitchens, bathrooms, flooring, and appliances were updated within the past five years, and the roof was replaced in 2020.
Three of the five units are leased, while two are vacant. The property is at 1363 Frankstown Road in Johnstown, with public water and public sewer service.
Three of the five units are leased, while two are vacant. The property is at 1363 Frankstown Road in Johnstown, with public water and public sewer service.
Key Highlights
- Four apartments in a three‑story brick building, plus a separate cottage
- 4,700 square feet on a 0.72‑acre lot
- Three units leased; two units vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,849
Cap Rate
7.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$576,980
$577.0K
Cap Rate 7%
$412,129
$412.1K
Cap Rate 9%
$320,544
$320.5K
Market Conditions
NOI Build-Up for 4,700 SF
Gross rent
$56.4K $12.00/SF
− Vacancy
−$3.9K −$0.84/SF
EGI
$52.5K $11.16/SF
− OpEx
−$23.6K −$5.02/SF
NOI
$28.8K $6.14/SF
Area
Cambria County, PA
Vacancy
7.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$576,980
Cap Rate 7%
$412,129
Cap Rate 9%
$320,544
Alternative Uses
Best Use
Apartment 5plus
$412.1K
$360.6K – $480.8K
NOI $28,849 @ 7.0% cap · market cap 7.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.42M
$1.24M – $1.65M
NOI $99,264 @ 7.0% cap · market cap 26.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
5
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
Explore this area
Business Placement
Demographics for 15902, PA
11,107
Population
6,281
Households
1.8
Avg Household Size
42
Median Age
16%
College-Educated
88%
High-School Grad
9.4 sq mi
ZIP Area
1,182
Density / Sq Mi
$42,163
Median Household Income
$34,187
Median Earnings
$684
Median Rent
$58,400
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?
Apartment building - Four apartments and a separate cottage provide a varied five-unit rental configuration on a Commercial-zoned property.
Where is this apartment building located?
The property is located at 1363 Frankstown Road Johnstown, PA.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Four apartments in a three‑story brick building, plus a separate cottage; 4,700 square feet on a 0.72‑acre lot; Three units leased; two units vacant
