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Two-Unit Duplex with Detached Garage

154 Pike Street Carbondale, PA 18407

154 Pike Street, Carbondale, PA, 18407
$190,000
Pending
For Sale
$190,000
Pending

MULTI_FAMILY - Other - Carbondale, PA

Property Size1,500 SF
Lot Size0.05 Acres
Days on Market52

Property Features for 154 Pike Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Basement, Bathroom 1
Parking features
Driveway
Patio and Porch features
Porch
Basement
Unfinished, Full
Standard status
Pending
APN
05412030006
Size
1,500 SF
Lot size
0.05 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2064

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1964
Floors in Building
2
Number of units
2
Flooring type
Linoleum, Vinyl
Architectural style
Other
Listing Agency Keller Williams Real Estate-Clarks Summit
749 Northern Blvd., Clarks Summit, PA
Listed by The Bill Chupko Team · License #RS348943
Added: May 29 Checked: Jul 19 at 8:06 am
MLS# SC262502 Listing URL

Copyright © 2026 Greater Scranton Board of Realtors MLS. 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 two-unit duplex at 154 Pike Street is configured as two residential units, each offering two bedrooms and one bathroom. A full basement adds substantial storage and utility space for both tenants and the owner. Utilities are split between the units and landlord: electric and heat are separately paid by the tenants, while water is paid by the landlord. The exterior includes a covered front porch and a private rear balcony for the upper level, along with a detached two-car garage that supports off-street parking.

The property is located in Carbondale, within reach of local schools, parks, shopping, dining, and major highways.

For tenants, the layout provides straightforward two-bedroom floorplans within a duplex setting. For buyers, the separate utility responsibility for electric and heat can simplify operating expense management, while the full basement and detached garage add functional value for everyday use. Buyers are advised to confirm tax and assessment details as part of their due diligence.

Key Highlights

  • 2‑unit investment property in Carbondale
  • Each unit includes 2 bedrooms and 1 bathroom
  • Separate electric and heat utilities paid by tenants; water paid by landlord

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $18.9k $12.60
− Vacancy −$1.2k −$0.82
EGI $17.7k $11.78
− OpEx −$5.3k −$3.53
NOI $12.4k $8.25
1,500 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$176.7K
$154.6K – $206.2K (±1% cap)
NOI $12,370 @ 7.0% cap · market cap 6.51%
Second Best
Apartment 5plus
$165.2K
$144.6K – $192.7K (±1% cap)
NOI $11,564 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$380.7K
$333.1K – $444.2K (±1% cap)
NOI $26,651 @ 7.0% cap · market cap 14.03%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods Kitchen & Bath Showroom Home Appliance Store Veterinary Clinic Florist

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

FAQs

What type of property is this?
Duplex - Two separately metered units with a detached two-car garage and full basement provide practical rental or owner-occupant living.
Where is this duplex located?
The property is located at 154 Pike Street Carbondale, PA.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: 2‑unit investment property in Carbondale; Each unit includes 2 bedrooms and 1 bathroom; Separate electric and heat utilities paid by tenants; water paid by landlord
Contact an agent
More about this property
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