C-3 Zoned Quadplex
For Sale
$750,000
3808 MAIN STREET, Morgantown, PA 19543
Four-unit residential rental on a C-3 Highway Commercial site near a busy intersection and traffic light.
Property Size2,980 SF
Lot Size0.47 Acres
Price / SF$251.68
Days on Market12
Property Features for 3808 MAIN STREET
General Information
Standard status
Active
Size
2,980 SF
Lot size
0.47 Acres
Property subtype
Commercial
Zoning
C-3 Highway Commercial
Additional Details
Multifamily Units
4
Building Details
Year Built
1955
Listing Agency:
Century 21 Gold
(610) 898-6268
Listed By:
Joshua J Haines · License #RS322462
(610) 898-6268
Source:
Cummingsrealtors
Added: Jul 20
Changed: Jul 25
Last Checked: Jul 30 at 6:26AM
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 Century 21 Gold
Investment Insights
Based on property information with market context.
This quadplex is currently configured as a 4-unit residential rental property. The property sits on 0.47 acres and offers flexible options for buyers looking to retain the existing residential setup or explore other uses subject to zoning requirements.
Located very close to a busy intersection with a traffic light, the site benefits from convenient access and high visibility for prospective tenants or customers. The property is zoned C-3 Highway Commercial, and the seller notes that you should inquire for additional information regarding potential uses.
Offered for sale at $750,000, this is a multi-family income property with highway commercial zoning that may support a residential or mixed-use direction, depending on approvals.
Located very close to a busy intersection with a traffic light, the site benefits from convenient access and high visibility for prospective tenants or customers. The property is zoned C-3 Highway Commercial, and the seller notes that you should inquire for additional information regarding potential uses.
Offered for sale at $750,000, this is a multi-family income property with highway commercial zoning that may support a residential or mixed-use direction, depending on approvals.
Key Highlights
- 4‑unit residential rental property on a 0.47‑acre site
- Year built: 1955
- Zoned C‑3 Highway Commercial
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 | $43.6k | $14.64 |
| − Vacancy | −$1.7k | −$0.56 |
| EGI | $42.0k | $14.08 |
| − OpEx | −$12.6k | −$4.23 |
| NOI | $29.4k | $9.86 |
2,980 SF · lease $14.64/SF/yr · vacancy 3.80% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$419.7K
$367.2K – $489.7K
NOI $29,379 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$366.8K
$321.0K – $428.0K
NOI $25,679 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$489.2K
$428.1K – $570.7K
NOI $34,244 @ 7.0% cap · market cap 4.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Explore this area
Business Placement
Demographics for 19543, PA
6,256
Population
2,075
Households
3
Avg Household Size
38
Median Age
40%
College-Educated
93%
High-School Grad
21.4 sq mi
ZIP Area
292
Density / Sq Mi
$111,917
Median Household Income
$58,231
Median Earnings
$1,273
Median Rent
$335,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit residential rental on a C-3 Highway Commercial site near a busy intersection and traffic light.
Where is this quadplex located?
The property is located at 3808 MAIN STREET Morgantown, PA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 4‑unit residential rental property on a 0.47‑acre site; Year built: 1955; Zoned C‑3 Highway Commercial
