Duplex Near College
315 E 3rd street, Bloomsburg, PA 17815
For Sale
$299,500
Residential Income, Bloomsburg, PA
Property Size2,400 SF
Lot Size0.14 Acres
Price / SF$124.79
Days on Market483
Property Features for 315 E 3rd street
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Basement
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Sewer type
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Roof type
Listing Agency:
Wilkins & Associates Real Estate, Inc. · Better Homes and Gardens Real Estate
Listed By:
James J Martin · License PA RS298784
(570) 421-8950
Added: Jul 15, 2025
Changed: Oct 27
Last Checked: Nov 9 at 10:06PM
MLS# PM-133995
Copyright © 2026 Pocono Mountains 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 2,400-square-foot duplex, built in 1900, contains two separate residential units. The first offers 3 bedrooms and 1 full bath, along with a kitchen, living room, dining room, laundry area, hardwood floors, and two entrances. The second includes 2 bedrooms, 1 full bath, a kitchen, living room, laundry area, hardwood floors, and two entrances. Both units feature large bedrooms and living rooms, while the property includes a basement and tile flooring in addition to hardwood.
The 0.14-acre property is located in Bloomsburg, PA, two blocks from the Bloomsburg College Campus. Three off-street parking spaces are provided, with additional on-street parking available. Public water, public sewer, and gas service are present. The units require updating and additional work.
The 0.14-acre property is located in Bloomsburg, PA, two blocks from the Bloomsburg College Campus. Three off-street parking spaces are provided, with additional on-street parking available. Public water, public sewer, and gas service are present. The units require updating and additional work.
Key Highlights
- Two‑unit duplex totaling 2,400 square feet
- Unit 1: 3 bedrooms, 1 full bath, dining room, laundry, and two entrances
- Unit 2: 2 bedrooms, 1 full bath, laundry, and two entrances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,384
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$507,680
$507.7K
Cap Rate 7%
$362,629
$362.6K
Cap Rate 9%
$282,044
$282.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$50.1K $20.88/SF
− Vacancy
−$4.0K −$1.65/SF
EGI
$46.2K $19.23/SF
− OpEx
−$20.8K −$8.65/SF
NOI
$25.4K $10.58/SF
Area
Columbia County, PA
Vacancy
7.90%
Lease Rate
$20.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$507,680
Cap Rate 7%
$362,629
Cap Rate 9%
$282,044
Alternative Uses
Best Use
Multifamily LT 5
$407.6K
$356.6K – $475.5K
NOI $28,531 @ 7.0% cap · market cap 9.53%
Second Best
Apartment 5plus
$362.6K
$317.3K – $423.1K
NOI $25,384 @ 7.0% cap · market cap 8.48%
Theoretical Best
Office A
$804.7K
$704.1K – $938.8K
NOI $56,327 @ 7.0% cap · market cap 18.81%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,104
Businesses Nearby
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Business Placement
Demographics for 17815, PA
28,936
Population
12,661
Households
2.3
Avg Household Size
36
Median Age
32%
College-Educated
93%
High-School Grad
125.7 sq mi
ZIP Area
230
Density / Sq Mi
$66,145
Median Household Income
$36,695
Median Earnings
$968
Median Rent
$216,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property with spacious layouts, hardwood flooring, and public utilities in place.
Where is this duplex located?
The property is located at 315 E 3rd street Bloomsburg, PA.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,400 square feet; Unit 1: 3 bedrooms, 1 full bath, dining room, laundry, and two entrances; Unit 2: 2 bedrooms, 1 full bath, laundry, and two entrances
