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Renovated Duplex with Detached Garage
For Sale
$280,000
Pending

233-235 Elm Street, Dupont, PA 18641

Residential Income, Dupont, PA

Property Size2,268 SF
Lot Size0.28 Acres
Days on Market8

Property Features for 233-235 Elm Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R2
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Basement, Bathroom 2
Basement Unfinished
Elementary school district Pittston Area
Middle school district Pittston Area
High school district Pittston Area
Directions North on Rt 315 (Chestnut St) right on Elm St. House on left.
Standard status Pending
APN 15-E12NE4-012-009-000
Size 2,268 SF
Lot size 0.28 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 235 Elm St
Tax Annual Amount 1833
Legal Description 235 Elm St

Amenities

in-unit laundry

Building Details

Year built 1926
Floors in Building 2
Number of units 2
Listing Agency: ERA One Source Realty · ERA Real Estate
Listed By: Kelly J. Oltmann · License #RS222424L
Added: Oct 9 Changed: Oct 16 Last Checked: Oct 16 at 4:06PM
MLS# SC265105

Copyright © 2026 Greater Scranton Board of Realtors MLS. 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 two-unit residential property contains 2,268 square feet on a 0.28-acre lot. Each residence has three bedrooms, two full bathrooms, an updated kitchen, and an in-unit laundry room. Work on the building included a new roof, electrical service, and drywall, along with kitchen and bathroom updates. A detached one-car garage is also on site.

Built in 1926 and zoned R2, the duplex is located in Dupont, Pennsylvania. Parks, shopping, dining, and highway access are identified as nearby amenities.

Key Highlights

  • Two units, each with 3 bedrooms and 2 full bathrooms
  • 2,268 square feet on a 0.28‑acre lot
  • 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 (±1% cap)
NOI $18,303 @ 7.0% cap · market cap 6.54%
Second Best
Apartment 5plus
$242.5K
$212.2K – $282.9K (±1% cap)
NOI $16,976 @ 7.0% cap · market cap 6.06%
Theoretical Best
Office A
$718.5K
$628.7K – $838.3K (±1% cap)
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

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Bakery (Bike/Boat/Book/etc) Store Locksmith Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

251
Businesses Nearby

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
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 feature three bedrooms, two full bathrooms, updated kitchens, and private laundry rooms.
Where is this duplex located?
The property is located at 233-235 Elm Street 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: Two units, each with 3 bedrooms and 2 full bathrooms; 2,268 square feet on a 0.28‑acre lot; Renovations include a new roof, electrical service, drywall, kitchens, and bathrooms
More about this property
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