Residential Multifamily
For Sale
$299,000
159 East Long Avenue, Dubois, PA 15801
Multifamily asset with residential zoning and both above-grade and below-grade areas.
Property Size3,700 SF
Price / SF$80.81
Days on Market370
Property Features for 159 East Long Avenue
General Information
Standard status
Active
Size
3,700 SF
Property subtype
Multi-Family / Fee Simple
Zoning
RESIDENTIAL
Taxes and HOA fees
Annual Taxes
$2,351
Amenities
No Pool
Building Details
Year Built
1910
Listing Agency:
Nelson Realty
Listed By:
Ed Nelson · License #RM426417
(814) 591-0756
Source:
Compass
Added: Oct 13, 2025
Changed: Oct 3
Last Checked: Oct 16 at 11:00AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nelson Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential multifamily property is located at 159 East Long Avenue in Du Bois, Pennsylvania. The asset carries RESIDENTIAL zoning and includes both above-grade and below-grade areas. Interior features are not identified, and the property has no pool. Constructed in 1910, the building is within the Dubois Area School District and the DuBois City MLS area. The property is situated in Clearfield County, providing a defined municipal and county context for review.
Key Highlights
- Multifamily property with RESIDENTIAL zoning
- Built in 1910
- Includes above‑grade and below‑grade areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,759
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,180
$455.2K
Cap Rate 7%
$325,129
$325.1K
Cap Rate 9%
$252,878
$252.9K
Market Conditions
NOI Build-Up for 3,700 SF
Gross rent
$44.4K $12.00/SF
− Vacancy
−$3.0K −$0.82/SF
EGI
$41.4K $11.18/SF
− OpEx
−$18.6K −$5.03/SF
NOI
$22.8K $6.15/SF
Area
Clearfield County, PA
Vacancy
6.80%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,180
Cap Rate 7%
$325,129
Cap Rate 9%
$252,878
Alternative Uses
Best Use
Apartment 5plus
$325.1K
$284.5K – $379.3K
NOI $22,759 @ 7.0% cap · market cap 7.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$815.9K
$714.0K – $951.9K
NOI $57,116 @ 7.0% cap · market cap 19.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
913
Businesses Nearby
Explore this area
Business Placement
Demographics for 15801, PA
20,246
Population
10,083
Households
2
Avg Household Size
47
Median Age
35%
College-Educated
94%
High-School Grad
70.1 sq mi
ZIP Area
289
Density / Sq Mi
$66,380
Median Household Income
$36,984
Median Earnings
$854
Median Rent
$170,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily asset with residential zoning and both above-grade and below-grade areas.
Where is this multifamily property located?
The property is located at 159 East Long Avenue Dubois, PA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Multifamily property with RESIDENTIAL zoning; Built in 1910; Includes above‑grade and below‑grade areas
