Corner-Lot Duplex with Off-Street
38 W Columbus Avenue Pittston, PA 18640
New
For Sale
$229,000
MULTI_FAMILY - Pittston, PA
Property Size1,550 SF
Lot Size0.05 Acres
Price / SF$147.74
Days on Market3
Property Features for 38 W Columbus Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Basement, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 3
Parking
1
Parking features
Off Street
Patio and Porch features
Porch
Basement
Interior Entry, Unfinished, Dirt Floor
Appliances
Electric Range, Refrigerator
Standard status
Active
APN
72-E11SE1-027-003
Size
1,550 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2136
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, Baseboard, Steam
Water source
Public
Building Details
Year built
1930
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Roof type
Shingle, Composition
Listing Agency:
C21 Jack Ruddy Real Estate
(570) 344-6724
Listed By:
James Caceres
(570) 352-7106
Added: Jul 27
Changed: Jul 28
Last Checked: Jul 29 at 10:06AM
MLS# SC263680
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.
Investment Insights
Based on property information with market context.
This for-sale duplex includes two residential units. The first-floor unit features three bedrooms and one bathroom, with one bedroom accessing two porches. The kitchen provides washer/dryer hookups, and the home offers interior access to the basement. The second-floor unit is a one-bedroom, one-bath apartment and is described as needing some TLC. The property also includes off-street parking.
The duplex sits on a corner lot. It is zoned R2. The available information is approximate and not warranted or guaranteed.
The duplex sits on a corner lot. It is zoned R2. The available information is approximate and not warranted or guaranteed.
Key Highlights
- Two‑unit property: first‑floor unit has 3 bedrooms and 1 bath; second‑floor unit has 1 bedroom and 1 bath
- One unit is tenant occupied, providing immediate rental occupancy
- 1930‑built home with a corner lot and a porch on the first floor
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 | $19.5k | $12.60 |
| − Vacancy | −$1.7k | −$1.07 |
| EGI | $17.9k | $11.53 |
| − OpEx | −$5.4k | −$3.46 |
| NOI | $12.5k | $8.07 |
1,550 SF · lease $12.60/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$178.7K
$156.4K – $208.5K
NOI $12,509 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$165.7K
$145.0K – $193.4K
NOI $11,601 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$491.0K
$429.7K – $572.9K
NOI $34,373 @ 7.0% cap · market cap 15.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex offers one tenant-occupied unit and a second-floor 1-bedroom apartment with off-street parking on a corner lot.
Where is this duplex located?
The property is located at 38 W Columbus Avenue Pittston, PA.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Two‑unit property: first‑floor unit has 3 bedrooms and 1 bath; second‑floor unit has 1 bedroom and 1 bath; One unit is tenant occupied, providing immediate rental occupancy; 1930‑built home with a corner lot and a porch on the first floor
