Duplex with Detached
New
For Sale
$129,900
15 Jefferson Street, Johnstown, PA 15905
Multi-Family, 2 Story, Other-See Comments, Johnstown, PA
Property Size1,744 SF
Lot Size0.11 Acres
Price / SF$74.48
Days on Market1
Property Features for 15 Jefferson Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2
Fireplace
1
Lot features
Rectangular
Elementary school district
Greater Johnstown Area
Middle school district
Greater Johnstown Area
High school district
Greater Johnstown Area
Directions
From Derby Street turn onto Berkley Road. Turn right onto Jefferson, house is on the right. You can park in the rear as well.
Subdivision
City of Johnstown-8th Ward-78
Standard status
Active
APN
78-035. -112.000
Size
1,744 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
2024-4166
Tax Annual Amount
1882
Legal Description
2024-4166
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Water source
Public
Building Details
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
HOWARD HANNA BARDELL REALTY ALTOONA
(814) 313-4111
Listed By:
Hunter Ott · License #RS353898
(814) 254-8121
Added: Sep 2
Last Checked: Sep 2 at 7:06PM
MLS# 96042475
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.
This duplex configuration includes a three-bedroom, one-bathroom main residence and a separate apartment above the detached garage. The apartment has received recent cosmetic updates, while the property also features vinyl siding, shingle roofing, hot-water heat, a fireplace, and 1,744 square feet of building area. Public water and public sewer serve the property, which sits on 0.11 acres and carries Residential zoning.
The property is located in Johnstown near Roxbury Park, Conemaugh Hospital, shopping, dining, and grocery stores. The main residence is occupied, and the detached apartment is vacant following its cosmetic improvements.
The property is located in Johnstown near Roxbury Park, Conemaugh Hospital, shopping, dining, and grocery stores. The main residence is occupied, and the detached apartment is vacant following its cosmetic improvements.
Key Highlights
- 1,744‑square‑foot duplex configuration on a 0.11‑acre lot
- Three‑bedroom, one‑bathroom main residence
- Detached garage with an apartment above
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
$11,518
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
8.87%
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%
$230,360
$230.4K
Cap Rate 7%
$164,543
$164.5K
Cap Rate 9%
$127,978
$128.0K
Market Conditions
NOI Build-Up for 1,744 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
$17.8K $10.20/SF
− Vacancy
−$1.3K −$0.77/SF
EGI
$16.5K $9.44/SF
− OpEx
−$4.9K −$2.83/SF
NOI
$11.5K $6.60/SF
Area
Cambria County, PA
Vacancy
7.50%
Lease Rate
$10.20 /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%
$230,360
Cap Rate 7%
$164,543
Cap Rate 9%
$127,978
Alternative Uses
Best Use
Multifamily LT 5
$164.5K
$144.0K – $192.0K
NOI $11,518 @ 7.0% cap · market cap 8.87%
Second Best
Apartment 5plus
$152.9K
$133.8K – $178.4K
NOI $10,705 @ 7.0% cap · market cap 8.24%
Theoretical Best
Office A
$526.2K
$460.4K – $613.9K
NOI $36,833 @ 7.0% cap · market cap 28.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
827
Businesses Nearby
Explore this area
Business Placement
Demographics for 15905, PA
19,654
Population
9,907
Households
2
Avg Household Size
50
Median Age
35%
College-Educated
96%
High-School Grad
41.5 sq mi
ZIP Area
474
Density / Sq Mi
$70,620
Median Household Income
$45,285
Median Earnings
$893
Median Rent
$118,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with a detached apartment and recent cosmetic improvements.
Where is this duplex located?
The property is located at 15 Jefferson Street Johnstown, PA.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: 1,744‑square‑foot duplex configuration on a 0.11‑acre lot; Three‑bedroom, one‑bathroom main residence; Detached garage with an apartment above
