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Side-by-Side Duplex
New
For Sale
$265,000

161-163 Seneca Street, Pittston, PA 18640

Multi-Family, Pittston, PA

Property Size2,424 SF
Lot Size0.07 Acres
Price / SF$109.32
Days on Market7

Property Features for 161-163 Seneca Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Basement, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 1, Bedroom 4
Parking features Off Street
Exterior features Vinyl
Basement Full
Elementary school district Pittston
Middle school district Pittston
High school district Pittston
Directions North Main St Pittston to R on Mill St. Mill St to L On Searle St then L o Seneca St Property is on the L
Subdivision Pittston
Standard status Active
APN E11NE2-018-035
Size 2,424 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2074

Utilities

Heating system Forced Air
Water source Public

Building Details

Roof type Shingle
Listing Agency: Rubbico Real Estate · Realty World
Listed By: David Rubbico Jr · License #AB076464
Added: Oct 12 Changed: Oct 17 Last Checked: Oct 18 at 12:06AM
MLS# 26-5298

Copyright © 2026 Luzerne County 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.

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Investment Insights

Based on property information with market context.

This side-by-side duplex contains 2,424 square feet across two residences, with five bedrooms and two bathrooms in total. The property also includes a basement, vinyl exterior, forced-air heating, and a shingle roof. Recent work has addressed HVAC, water heaters, electrical panels, windows, and the roof.

The 0.0689-acre parcel has off-street parking for two cars and public water service. Residential zoning supports the property's existing duplex configuration.

Key Highlights

  • Side‑by‑side duplex with 2,424 square feet
  • Five bedrooms and two bathrooms, plus a basement
  • Recent improvements include HVAC, water heaters, electrical panels, windows, and roof

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,562
Cap Rate
7.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,240 $391.2K
Cap Rate 7%
$279,457 $279.5K
Cap Rate 9%
$217,356 $217.4K
Market Conditions
NOI Build-Up for 2,424 SF
Gross rent
$30.5K $12.60/SF
− Vacancy
−$2.6K −$1.07/SF
EGI
$27.9K $11.53/SF
− OpEx
−$8.4K −$3.46/SF
NOI
$19.6K $8.07/SF
Area
Luzerne County, PA
Vacancy
8.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,240
Cap Rate 7%
$279,457
Cap Rate 9%
$217,356

Alternative Uses

Best Use
Multifamily LT 5
$279.5K
$244.5K – $326.0K (±1% cap)
NOI $19,562 @ 7.0% cap · market cap 7.38%
Second Best
Apartment 5plus
$259.2K
$226.8K – $302.4K (±1% cap)
NOI $18,143 @ 7.0% cap · market cap 6.85%
Theoretical Best
Office A
$767.9K
$671.9K – $895.9K (±1% cap)
NOI $53,755 @ 7.0% cap · market cap 20.28%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Cafe & Coffee Shop Barber Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

568
Businesses Nearby

Demographics for 18640, PA

16,351
Population
8,036
Households
2
Avg Household Size
46
Median Age
25%
College-Educated
94%
High-School Grad
27.9 sq mi
ZIP Area
586
Density / Sq Mi
$57,358
Median Household Income
$39,733
Median Earnings
$890
Median Rent
$135,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Recent improvements include HVAC, water heaters, electrical panels, windows, and roofing.
Where is this duplex located?
The property is located at 161-163 Seneca Street Pittston, PA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Side‑by‑side duplex with 2,424 square feet; Five bedrooms and two bathrooms, plus a basement; Recent improvements include HVAC, water heaters, electrical panels, windows, and roof
More about this property
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