Two-Unit Residential Income
198 Blue Knob Road Portage, PA 15946
New
198 Blue Knob Road, Portage, PA, 15946
$240,000
For Sale
$240,000
MULTI_FAMILY - Other - Portage, PA
Property Size2,904 SF
Lot Size1.03 Acres
Price / SF$82.64
Days on Market2
Property Features for 198 Blue Knob Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- Residential
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bedroom 6, Bedroom 4, Laundry Room, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 3
- Parking features
- Driveway, Off Street
- Exterior features
- Balcony, Lighting, Private Entrance, Private Yard
- Fireplace
- 1
- Appliances
- Range, Dryer, Oven, Refrigerator, Washer
- Standard status
- Active
- APN
- D2 13E
- Size
- 2,904 SF
- Lot size
- 1.03 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- 1057/238
- Tax Annual Amount
- 2162
Utilities
- Sewer type
- Septic Tank
- Heating system
- Wood, Electric (Heating), Propane (Heating)
- Water source
- Well
Building Details
- Year built
- 1990
- Floors in Building
- 2
- Flooring type
- Vinyl, Carpet
- Building materials
- Wood Siding
- Roof type
- Metal
- Architectural style
- Other
Listing agency
Coldwell Banker Premier
(814) 623-7009
Listed by
Faith Zembower · License #RS351280
(814) 977-6641
Added: Jul 21 Checked: Jul 22 at 8:06AM
MLS# 80743
Copyright © 2026 Allegheny Highland 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.
Investment Insights
Based on property information with market context.
This two-unit residential property offers a distinctive layout with separate living arrangements. The first-floor apartment includes two bedrooms, one full bathroom, a kitchen, and a living room, along with a covered patio area beneath the second-floor deck. The second-floor apartment features two traditional bedrooms plus two loft-style bedrooms, two full bathrooms, a kitchen, and additional living space, supported by a private second-story deck.
The property is set on 1.03 wooded acres with countryside views. Each unit includes a stove, refrigerator, and some furniture.
With two decks and a covered patio connected to the upper and main levels, the outdoor spaces are designed for both everyday use and extended views over the wooded setting.
The property is set on 1.03 wooded acres with countryside views. Each unit includes a stove, refrigerator, and some furniture.
With two decks and a covered patio connected to the upper and main levels, the outdoor spaces are designed for both everyday use and extended views over the wooded setting.
Key Highlights
- Two‑unit property on 1.03 wooded acres with countryside views
- First‑floor unit: 2 bedrooms, 1 full bath, kitchen, and living room with covered patio area
- Second‑floor unit: 2 traditional bedrooms, 2 loft‑style bedrooms, 2 full bathrooms, plus kitchen and living space
Local 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 | $29.6k | $10.20 |
| − Vacancy | −$2.2k | −$0.77 |
| EGI | $27.4k | $9.44 |
| − OpEx | −$8.2k | −$2.83 |
| NOI | $19.2k | $6.60 |
2,904 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$274.0K
$239.7K – $319.7K
NOI $19,179 @ 7.0% cap · market cap 7.99%
Second Best
Apartment 5plus
$254.6K
$222.8K – $297.1K
NOI $17,825 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$876.2K
$766.7K – $1.02M
NOI $61,332 @ 7.0% cap · market cap 25.56%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Spacious two-unit home with two bedrooms on the first floor and four bedrooms plus loft space on the second.
Where is this duplex located?
The property is located at 198 Blue Knob Road Portage, PA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Two‑unit property on 1.03 wooded acres with countryside views; First‑floor unit: 2 bedrooms, 1 full bath, kitchen, and living room with covered patio area; Second‑floor unit: 2 traditional bedrooms, 2 loft‑style bedrooms, 2 full bathrooms, plus kitchen and living space
