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Two-Unit Duplex with Covered Outdoor Space
For Sale
$210,000

193 Harmony Dr, Johnstown, PA 15909

Duplex with two-bedroom residences, separate kitchens, in-unit laundry, and covered porch and patio areas.

Property Size2,240 SF
Price / SF$93.75
Days on Market49

Property Features for 193 Harmony Dr

General Information

Standard status Active
Size 2,240 SF
Total Parking Spaces 2
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Amenities

covered front porch
covered patio

Building Details

Year Built 1993
Listing Agency: Howard Hanna Bardell Realty Altoona
Listed By: John Hill Real Estate
Source: Johnhillhomesearch
Added: Sep 16 Changed: Nov 1 Last Checked: Nov 3 at 6:24AM

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 Howard Hanna Bardell Realty Altoona

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Investment Insights

Based on property information with market context.

Built in 1993, this 2,240-square-foot duplex contains two residential units with a practical, consistent layout. Each residence includes a living room, dining area, full kitchen, laundry area, two bedrooms, and a full bathroom. The main-level unit also features laminate flooring, natural light, double bedroom closets, and a covered front porch, while the lower unit includes a covered patio. The lower residence is tenant occupied.

The property provides parking for 2 cars and is located at 193 Harmony Dr in Johnstown, within Jackson Township. Its two-unit configuration, separate living spaces, and individual laundry areas support straightforward residential income use.

Key Highlights

  • Two‑unit duplex with 2,240 square feet
  • Built in 1993
  • Each unit offers 2 bedrooms and 1 full bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,794
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,880 $295.9K
Cap Rate 7%
$211,343 $211.3K
Cap Rate 9%
$164,378 $164.4K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$22.8K $10.20/SF
− Vacancy
−$1.7K −$0.77/SF
EGI
$21.1K $9.44/SF
− OpEx
−$6.3K −$2.83/SF
NOI
$14.8K $6.60/SF
Area
Cambria County, PA
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,880
Cap Rate 7%
$211,343
Cap Rate 9%
$164,378

Alternative Uses

Best Use
Multifamily LT 5
$211.3K
$184.9K – $246.6K (±1% cap)
NOI $14,794 @ 7.0% cap · market cap 7.04%
Second Best
Apartment 5plus
$196.4K
$171.9K – $229.2K (±1% cap)
NOI $13,749 @ 7.0% cap · market cap 6.55%
Theoretical Best
Office A
$675.8K
$591.4K – $788.5K (±1% cap)
NOI $47,309 @ 7.0% cap · market cap 22.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

54
Businesses Nearby

Demographics for 15909, PA

5,116
Population
2,422
Households
2.1
Avg Household Size
49
Median Age
16%
College-Educated
93%
High-School Grad
17.8 sq mi
ZIP Area
287
Density / Sq Mi
$59,226
Median Household Income
$38,391
Median Earnings
$780
Median Rent
$105,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Duplex with two-bedroom residences, separate kitchens, in-unit laundry, and covered porch and patio areas.
Where is this duplex located?
The property is located at 193 Harmony Dr Johnstown, PA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,240 square feet; Built in 1993; Each unit offers 2 bedrooms and 1 full bathroom
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