Renovated Duplex with Detached
For Sale
$280,000
233-235 Elm St, Dupont, PA 18641
Two three-bedroom residences each include in-unit laundry and updated kitchens and bathrooms.
Property Size2,268 SF
Price / SF$123.46
Days on Market8
Property Features for 233-235 Elm St
General Information
Standard status
Active
Size
2,268 SF
Total Parking Spaces
1
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,833
Amenities
in-unit laundry
Building Details
Buildings
1
Listing Agency:
ERA One Source Realty
(570) 587-9999
Listed By:
Kelly J. Oltmann · License #RS222424L
(570) 209-6031
Source:
Exprealty
Added: Oct 11
Changed: Oct 15
Last Checked: Oct 16 at 10:20AM
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 ERA One Source Realty
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Investment Insights
Based on property information with market context.
This two-unit residential property contains 2,268 square feet, with each residence arranged as a three-bedroom, two-bathroom home. Both units have modern kitchens and dedicated laundry rooms. Recent renovations include a new roof, electrical service, drywall, kitchens, and bathrooms. A detached one-car garage is also part of the property.
Located on Elm Street in Dupont, the duplex offers access to parks, shopping, dining, and highways. The configuration includes two similar units, each with three bedrooms and two full bathrooms.
Located on Elm Street in Dupont, the duplex offers access to parks, shopping, dining, and highways. The configuration includes two similar units, each with three bedrooms and two full bathrooms.
Key Highlights
- 2,268‑square‑foot duplex with two three‑bedroom, two‑bathroom units
- Detached one‑car garage
- Renovations include a new roof, electrical service, drywall, kitchens, and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,303
Cap Rate
6.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,060
$366.1K
Cap Rate 7%
$261,471
$261.5K
Cap Rate 9%
$203,367
$203.4K
Market Conditions
NOI Build-Up for 2,268 SF
Gross rent
$28.6K $12.60/SF
− Vacancy
−$2.4K −$1.07/SF
EGI
$26.1K $11.53/SF
− OpEx
−$7.8K −$3.46/SF
NOI
$18.3K $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%
$366,060
Cap Rate 7%
$261,471
Cap Rate 9%
$203,367
Alternative Uses
Best Use
Multifamily LT 5
$261.5K
$228.8K – $305.1K
NOI $18,303 @ 7.0% cap · market cap 6.54%
Second Best
Apartment 5plus
$242.5K
$212.2K – $282.9K
NOI $16,976 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$718.5K
$628.7K – $838.3K
NOI $50,295 @ 7.0% cap · market cap 17.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
Explore this area
Business Placement
Demographics for 18641, PA
6,608
Population
3,077
Households
2.1
Avg Household Size
47
Median Age
17%
College-Educated
96%
High-School Grad
4.5 sq mi
ZIP Area
1,468
Density / Sq Mi
$74,469
Median Household Income
$43,043
Median Earnings
$956
Median Rent
$142,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences each include in-unit laundry and updated kitchens and bathrooms.
Where is this duplex located?
The property is located at 233-235 Elm St Dupont, PA.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 2,268‑square‑foot duplex with two three‑bedroom, two‑bathroom units; Detached one‑car garage; Renovations include a new roof, electrical service, drywall, kitchens, and bathrooms
