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Renovated Duplex
New
For Sale
$239,000

171-173 Dundaff Street, Carbondale, PA 18407

Both residences feature forced hot air heat, central AC, and off-street parking.

Property Size1,400 SF
Price / SF$170.71
Days on Market6

Property Features for 171-173 Dundaff Street

General Information

Standard status Active
Size 1,400 SF
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,207

Amenities

forced hot air heat
central AC

Building Details

Buildings 1
Listing Agency: ERA One Source Realty
Listed By: Sunita Arora · License #RM061605A
Source: Exprealty
Added: Oct 2 Changed: Oct 3 Last Checked: Oct 7 at 2:56PM

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 ERA One Source Realty

Investment Insights

Based on property information with market context.

This duplex contains 1,400 square feet across two apartments, each with a distinct, functional floor plan. Renovations include forced hot air heat and central AC, while off-street parking serves the property.

Key Highlights

  • Duplex with two apartments
  • 1,400 square feet of property space
  • Renovated with forced hot air heat and central AC

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,545
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,900 $230.9K
Cap Rate 7%
$164,929 $164.9K
Cap Rate 9%
$128,278 $128.3K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$17.6K $12.60/SF
− Vacancy
−$1.1K −$0.82/SF
EGI
$16.5K $11.78/SF
− OpEx
−$4.9K −$3.53/SF
NOI
$11.5K $8.25/SF
Area
Lackawanna County, PA
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,900
Cap Rate 7%
$164,929
Cap Rate 9%
$128,278

Alternative Uses

Best Use
Multifamily LT 5
$164.9K
$144.3K – $192.4K (±1% cap)
NOI $11,545 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$154.2K
$134.9K – $179.9K (±1% cap)
NOI $10,793 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$355.3K
$310.9K – $414.6K (±1% cap)
NOI $24,874 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Hair Salon Electrical Service Parking Lot & Garage

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

325
Businesses Nearby

Demographics for 18407, PA

14,047
Population
7,028
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
92%
High-School Grad
41.5 sq mi
ZIP Area
338
Density / Sq Mi
$57,261
Median Household Income
$40,174
Median Earnings
$826
Median Rent
$142,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences feature forced hot air heat, central AC, and off-street parking.
Where is this duplex located?
The property is located at 171-173 Dundaff Street Carbondale, PA.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Duplex with two apartments; 1,400 square feet of property space; Renovated with forced hot air heat and central AC
More about this property
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