Two-Unit Brick
New
For Sale
$264,900
22-24 S WASHINGTON Street, Montoursville, PA 17754
Multi-Units, Montoursville, PA
Property Size2,648 SF
Lot Size0.11 Acres
Price / SF$100.04
Days on Market2
Property Features for 22-24 S WASHINGTON Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RT
Bedrooms
6
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 5, Bathroom 2, Bedroom 6, Bathroom 3, Bedroom 1, Bathroom 1, Bedroom 4, Bedroom 3
View
City
Elementary school district
Montoursville
Middle school district
Montoursville
High school district
Montoursville
Subdivision
MONTOURSVILLE
Standard status
Active
APN
33-0010011500000-
Size
2,648 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Annual Amount
2842
Utilities
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1901
Floors in Building
2
Number of units
2
Flooring type
Laminate, Vinyl, Carpet
Building materials
Brick, Frame, Vinyl Siding
Roof type
Slate, Metal
Listing Agency:
Iron Valley Real Estate North Central PA
(570) 979-1002
Listed By:
Selina R Pulizzi · License #Rs330889
(570) 772-5170
Added: Oct 21
Last Checked: Oct 22 at 6:06PM
MLS# WB-105090
Copyright © 2026 West Branch Valley Board 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.
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Investment Insights
Based on property information with market context.
This brick duplex contains two occupied residences, each with three bedrooms. One unit has one full bathroom; the other has one full bathroom and an additional half bath. The building measures 2,648 square feet on a 0.11-acre parcel and dates to 1901. Construction materials also include frame and vinyl siding, while interior flooring includes laminate, carpet, and vinyl.
The property is in Montoursville, Pennsylvania, and is zoned RT. Public water serves the building, and natural gas is the heating source. The roof includes metal and slate materials.
The property is in Montoursville, Pennsylvania, and is zoned RT. Public water serves the building, and natural gas is the heating source. The roof includes metal and slate materials.
Key Highlights
- Two leased units, each with 3 bedrooms
- One unit has 1 full bath; the other has 1.5 baths
- 2,648 square feet on a 0.11‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,604
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$432,080
$432.1K
Cap Rate 7%
$308,629
$308.6K
Cap Rate 9%
$240,044
$240.0K
Market Conditions
NOI Build-Up for 2,648 SF
Gross rent
$33.4K $12.60/SF
− Vacancy
−$2.5K −$0.95/SF
EGI
$30.9K $11.66/SF
− OpEx
−$9.3K −$3.50/SF
NOI
$21.6K $8.16/SF
Area
Lycoming County, PA
Vacancy
7.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$432,080
Cap Rate 7%
$308,629
Cap Rate 9%
$240,044
Alternative Uses
Best Use
Multifamily LT 5
$308.6K
$270.1K – $360.1K
NOI $21,604 @ 7.0% cap · market cap 8.16%
Second Best
Apartment 5plus
$286.2K
$250.4K – $333.9K
NOI $20,035 @ 7.0% cap · market cap 7.56%
Theoretical Best
Office A
$570.7K
$499.3K – $665.8K
NOI $39,946 @ 7.0% cap · market cap 15.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
421
Businesses Nearby
Explore this area
Business Placement
Demographics for 17754, PA
12,458
Population
5,381
Households
2.3
Avg Household Size
47
Median Age
30%
College-Educated
94%
High-School Grad
60.1 sq mi
ZIP Area
207
Density / Sq Mi
$72,298
Median Household Income
$42,096
Median Earnings
$968
Median Rent
$249,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased and provide three bedrooms apiece, with differing bathroom counts.
Where is this duplex located?
The property is located at 22-24 S WASHINGTON Street Montoursville, 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: Two leased units, each with 3 bedrooms; One unit has 1 full bath; the other has 1.5 baths; 2,648 square feet on a 0.11‑acre lot
