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Duplex with Separate Utilities
New
For Sale
$249,900

23-25 Mitchell Street, Jenkins Township, PA 18640

Multi-Family, Jenkins Township, PA

Property Size2,400 SF
Lot Size0.15 Acres
Price / SF$104.13
Days on Market2

Property Features for 23-25 Mitchell Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning Residential
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 4, Basement, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Exterior features Aluminum
Basement Full
Elementary school district Pittston
Middle school district Pittston
High school district Pittston
Directions From S. Main St turn left on Chestnut Street. Left on Mitchell street.
Subdivision Pittston
Standard status Active
APN 33-E11S1 -003-009-000
Size 2,400 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 1988

Utilities

Heating system Steam
Water source Public

Amenities

W/D hookups
off street parking

Building Details

Year built 1930
Roof type Shingle
Listing Agency: Jonathan J. Nelson Real Estate
Listed By: Samantha Acerra
Added: Oct 19 Changed: Oct 20 Last Checked: Oct 20 at 4:06PM
MLS# 26-5417

Copyright © 2026 Luzerne County 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.

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Investment Insights

Based on property information with market context.

This duplex contains two residences with a combined 2,400 square feet of building area. The property includes six bedrooms, two bathrooms, and a basement. Each unit has washer and dryer hookups, off-street parking, and separate utilities. The building was constructed in 1930 and has aluminum exterior siding, steam heat, a shingle roof, and public water service. The 0.1489-acre parcel is zoned Residential.

Key Highlights

  • Two‑unit duplex with 2,400 square feet of building area
  • Six bedrooms and two bathrooms across the property
  • Separate utilities for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,369
Cap Rate
7.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,380 $387.4K
Cap Rate 7%
$276,700 $276.7K
Cap Rate 9%
$215,211 $215.2K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$30.2K $12.60/SF
− Vacancy
−$2.6K −$1.07/SF
EGI
$27.7K $11.53/SF
− OpEx
−$8.3K −$3.46/SF
NOI
$19.4K $8.07/SF
Area
Luzerne County, PA
Vacancy
8.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,380
Cap Rate 7%
$276,700
Cap Rate 9%
$215,211

Alternative Uses

Best Use
Multifamily LT 5
$276.7K
$242.1K – $322.8K (±1% cap)
NOI $19,369 @ 7.0% cap · market cap 7.75%
Second Best
Apartment 5plus
$256.6K
$224.6K – $299.4K (±1% cap)
NOI $17,964 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$760.3K
$665.3K – $887.0K (±1% cap)
NOI $53,222 @ 7.0% cap · market cap 21.30%
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

336
Businesses Nearby

Demographics for 18640, PA

16,351
Population
8,036
Households
2
Avg Household Size
46
Median Age
25%
College-Educated
94%
High-School Grad
27.9 sq mi
ZIP Area
586
Density / Sq Mi
$57,358
Median Household Income
$39,733
Median Earnings
$890
Median Rent
$135,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Both residences include washer and dryer connections, with off-street parking available.
Where is this duplex located?
The property is located at 23-25 Mitchell Street Jenkins Township, PA.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,400 square feet of building area; Six bedrooms and two bathrooms across the property; Separate utilities for each unit
More about this property
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