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Two-Unit Duplex with Private Yard
For Sale
$264,900

206 Dudley St, Dunmore, PA 18512

Distinct unit layouts include a sunken living room, front porch, and private backyard access.

Property Size2,400 SF
Price / SF$110.38
Days on Market41

Property Features for 206 Dudley St

General Information

Standard status Active
Size 2,400 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $4,673
Listing Agency: Christian Saunders Real Estate
Listed By: Christian Saunders · License #RM424906
Source: Exprealty
Added: Jul 1 Changed: Aug 9 Last Checked: Aug 9 at 5:59AM

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 Christian Saunders Real Estate

Investment Insights

Based on property information with market context.

This 2,400-square-foot duplex contains two 2-bedroom apartments. The first-floor residence includes a sunken living room, front porch, and access to a private backyard. The second-floor unit is occupied by a long-term tenant. Gas and water/sewer utilities are currently paid by the landlord.

The property is located at 206 Dudley St in Dunmore, near schools, shopping, parks, and major highways. Its two-unit configuration offers separate apartments with differing interior and exterior features, including private outdoor space associated with the first-floor unit.

Key Highlights

  • 2,400‑square‑foot duplex with two 2‑bedroom apartments
  • First‑floor unit includes a sunken living room and front porch
  • Private backyard access accompanies the first‑floor apartment

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,792
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.47%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$395,840 $395.8K
Cap Rate 7%
$282,743 $282.7K
Cap Rate 9%
$219,911 $219.9K
Market Conditions
NOI Build-Up for 2,400 SF 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.
Gross rent
$30.2K $12.60/SF
− Vacancy
−$2.0K −$0.82/SF
EGI
$28.3K $11.78/SF
− OpEx
−$8.5K −$3.53/SF
NOI
$19.8K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$395,840
Cap Rate 7%
$282,743
Cap Rate 9%
$219,911

Alternative Uses

Best Use
Multifamily LT 5
$282.7K
$247.4K – $329.9K (±1% cap)
NOI $19,792 @ 7.0% cap · market cap 7.47%
Second Best
Apartment 5plus
$264.3K
$231.3K – $308.4K (±1% cap)
NOI $18,502 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$609.2K
$533.0K – $710.7K (±1% cap)
NOI $42,642 @ 7.0% cap · market cap 16.10%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Garden Center Bakery HVAC Service Catering Service (Bike/Boat/Book/etc) Store

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

874
Businesses Nearby

Demographics for 18512, PA

12,081
Population
6,272
Households
1.9
Avg Household Size
44
Median Age
29%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
1,069
Density / Sq Mi
$63,097
Median Household Income
$43,249
Median Earnings
$927
Median Rent
$173,500
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 - Distinct unit layouts include a sunken living room, front porch, and private backyard access.
Where is this duplex located?
The property is located at 206 Dudley St Dunmore, PA.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: 2,400‑square‑foot duplex with two 2‑bedroom apartments; First‑floor unit includes a sunken living room and front porch; Private backyard access accompanies the first‑floor apartment
More about this property
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