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Richland Township Duplex Opportunity

241 - 243 Marietta Dr Johnstown, PA 15904

241 - 243 Marietta Dr, Johnstown, PA, 15904
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Two well-maintained townhouses in Richland Township, great investment potential.

Property Size2,352 SF
Price / SF$82.91
AddedFeb 14
Days on Market151
Last RefreshJun 25 at 10:38 pm

Property Features for 241 - 243 Marietta Dr

General Information

Standard status
Active
Size
2,352 SF
Property subtype
Multifamily

Listing office RE/MAX Team Realtors

Listing date Feb 14, 2026

Source Crexi

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 RE/MAX Team Realtors


Investment Insights

Based on property information with market context.

Located in Richland Township, this property features two well-maintained townhouses, each offering three bedrooms and one and a half bathrooms. Each unit includes a living room with sliding doors leading to a rear patio, a full kitchen and dining area equipped with appliances, and a half bath on the main floor. The second floors of each unit provide three bedrooms with ample closet and storage space, along with a full bathroom. Laundry rooms are located in the basements. The property features electric heat and central air. Each unit has a one-car garage and a paved driveway with parking for two vehicles. Unit 241 is tenant-occupied and rents for $995 per month plus utilities. Unit 243 is currently owner-occupied. The property is located a short distance from local amenities, including shopping, restaurants, hospitals and medical facilities, and entertainment and recreational venues. The property size is 2352 square feet.

Key Highlights

  • Two 3‑bedroom, 1.5 bath townhouses in one property.
  • Income‑generating: One unit is tenant‑occupied at $995/month plus utilities.
  • Each unit features a living room with patio access, full kitchen/dining area with appliances, and ample closet/storage space.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $24.0k $10.20
− Vacancy −$1.8k −$0.77
EGI $22.2k $9.44
− OpEx −$6.7k −$2.83
NOI $15.5k $6.60
2,352 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$221.9K
$194.2K – $258.9K (±1% cap)
NOI $15,534 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$206.2K
$180.5K – $240.6K (±1% cap)
NOI $14,437 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$709.6K
$620.9K – $827.9K (±1% cap)
NOI $49,674 @ 7.0% cap · market cap 25.47%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Daycare Center (Bike/Boat/Book/etc) Store Storage Facility Catering Service Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two well-maintained townhouses in Richland Township, great investment potential.
Where is this duplex located?
The property is located at 241 - 243 Marietta Dr Johnstown, PA.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Two 3‑bedroom, 1.5 bath townhouses in one property.; Income‑generating: One unit is tenant‑occupied at $995/month plus utilities.; Each unit features a living room with patio access, full kitchen/dining area with appliances, and ample closet/storage space.
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