Duplex with Commercial
For Sale
$174,900
327 Chestnut Street, Dunmore, PA 18512
Residential Income, Dunmore, PA
Property Size1,400 SF
Lot Size0.19 Acres
Price / SF$124.93
Days on Market52
Property Features for 327 Chestnut Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Commercial
Bedrooms
2
Bathrooms
3
Full bathrooms
1
Half bathrooms
2
Rooms
Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 1, Bathroom 1, Basement
Basement
Dirt Floor, Concrete
Elementary school district
Dunmore School District
Middle school district
Dunmore School District
High school district
Dunmore School District
Directions
From drinker turn on Chestnut just past school on the Left
Standard status
Active
APN
14616010018
Size
1,400 SF
Lot size
0.19 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
53X183x50x136 Bldg & Land W-02 B-0050 L-016A P-02600
Tax Annual Amount
2624
Legal Description
53X183x50x136 Bldg & Land W-02 B-0050 L-016A P-02600
Building Details
Year built
1940
Floors in Building
3
Number of units
2
Listing Agency:
C21 Jack Ruddy Real Estate · Century 21 Real Estate
(570) 344-6724
Listed By:
Samuel R Scelta · License #RS321374
(570) 351-7792
Added: Sep 9
Changed: Oct 24
Last Checked: Oct 30 at 8:06AM
MLS# SC264544
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.
Located at 327 Chestnut Street in Dunmore, this 1,400-square-foot duplex was built in 1940 and sits on a 0.19-acre lot. The upper level contains a two-bedroom apartment that is ready to rent. The ground floor was most recently used as a bar and may offer potential for conversion to another apartment or use by a small business, subject to verification with Dunmore Borough.
The property carries Commercial zoning. Borough representatives indicate that some light-traffic commercial uses may be permitted, while bar, restaurant, or other uses requiring substantial parking may require special-exception approval. No liquor license is included in the sale, and prospective buyers should confirm planned use and applicable requirements with the borough.
The property carries Commercial zoning. Borough representatives indicate that some light-traffic commercial uses may be permitted, while bar, restaurant, or other uses requiring substantial parking may require special-exception approval. No liquor license is included in the sale, and prospective buyers should confirm planned use and applicable requirements with the borough.
Key Highlights
- Two‑bedroom apartment on the upper level
- 1,400 square feet on a 0.19‑acre lot
- Ground floor was most recently used as a bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,175
Cap Rate
8.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,500
$283.5K
Cap Rate 7%
$202,500
$202.5K
Cap Rate 9%
$157,500
$157.5K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$25.2K $18.00/SF
− Vacancy
−$2.5K −$1.80/SF
EGI
$22.7K $16.20/SF
− OpEx
−$8.5K −$6.07/SF
NOI
$14.2K $10.13/SF
Area
Lackawanna County, PA
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,500
Cap Rate 7%
$202,500
Cap Rate 9%
$157,500
Alternative Uses
Best Use
Mixed Use
$202.5K
$177.2K – $236.3K
NOI $14,175 @ 7.0% cap · market cap 8.10%
Second Best
Multifamily LT 5
$164.9K
$144.3K – $192.4K
NOI $11,545 @ 7.0% cap · market cap 6.60%
Theoretical Best
Office A
$355.3K
$310.9K – $414.6K
NOI $24,874 @ 7.0% cap · market cap 14.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
867
Businesses Nearby
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Business Placement
Demographics for 18512, PA
12,081
Population
6,272
Households
1.9
Avg Household Size
44
Median Age
29%
College-Educated
92%
High-School Grad
11.3 sq mi
ZIP Area
1,069
Density / Sq Mi
$63,097
Median Household Income
$43,249
Median Earnings
$927
Median Rent
$173,500
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-level property with a two-bedroom apartment above flexible ground-floor space and Commercial zoning.
Where is this duplex located?
The property is located at 327 Chestnut Street Dunmore, PA.
What is the asking price?
The asking price for this property is $174,900.
What are key features of this property?
This property features: Two‑bedroom apartment on the upper level; 1,400 square feet on a 0.19‑acre lot; Ground floor was most recently used as a bar
