Updated Duplex in
170 Terrace Street Carbondale, PA 18407
For Sale
$209,000
MULTI_FAMILY - Other - Carbondale, PA
Property Size2,200 SF
Lot Size0.05 Acres
Price / SF$95
Days on Market348
Property Features for 170 Terrace Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Bedrooms
5
Bathrooms
2
Rooms
Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 2, Basement, Bedroom 3
Parking features
On Street
Patio and Porch features
Porch
Exterior features
Balcony
Basement
Full, Unfinished
Appliances
Microwave, Refrigerator, Oven
Standard status
Active
APN
05509070044
Size
2,200 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
2838
Utilities
Sewer type
Public Sewer
Heating system
Steam, Natural Gas
Cooling system
Ceiling Fan(s)
Water source
Public
Building Details
Year built
1950
Floors in Building
3
Number of units
2
Flooring type
Vinyl, Hardwood
Architectural style
Other
Listing Agency:
SIX PM LLC
(570) 352-5162
Listed By:
Jeremy J Watson · License #RM425357
(570) 352-5162
Added: Aug 16, 2025
Changed: Jun 30
Last Checked: Jul 29 at 10:06AM
MLS# PW-252686
Copyright © 2026 Pike/Wayne Association 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 well-maintained duplex in Carbondale features two updated units, each with its own charm. The first-floor apartment includes a front porch, two bedrooms, and a living area. The second unit features a newer kitchen complete with granite countertops, updated flooring, three bedrooms, and a private balcony. Both units are occupied by long-term tenants. The property is zoned residential and has a lot size of 0.05 acres. The building size is 2200 square feet.
Key Highlights
- Up‑and‑down duplex with two updated units and long‑term tenants in place
- First‑floor unit includes a front porch and 2 bedrooms with a living area
- Second‑floor unit features a newer kitchen with granite countertops and 3 bedrooms
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 | $27.7k | $12.60 |
| − Vacancy | −$1.8k | −$0.82 |
| EGI | $25.9k | $11.78 |
| − OpEx | −$7.8k | −$3.53 |
| NOI | $18.1k | $8.25 |
2,200 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$259.2K
$226.8K – $302.4K
NOI $18,143 @ 7.0% cap · market cap 8.68%
Second Best
Apartment 5plus
$242.3K
$212.0K – $282.7K
NOI $16,961 @ 7.0% cap · market cap 8.12%
Theoretical Best
Office A
$558.4K
$488.6K – $651.5K
NOI $39,088 @ 7.0% cap · market cap 18.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex with updated units and long-term tenants.
Where is this duplex located?
The property is located at 170 Terrace Street Carbondale, PA.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: Up‑and‑down duplex with two updated units and long‑term tenants in place; First‑floor unit includes a front porch and 2 bedrooms with a living area; Second‑floor unit features a newer kitchen with granite countertops and 3 bedrooms
