Brick Quadplex with Wrap-Around
New
For Sale
$750,000
3808 MAIN Street, Morgantown, PA 19543
MULTI_FAMILY - Cape Cod - MORGANTOWN, PA
Property Size2,980 SF
Lot Size0.47 Acres
Price / SF$251.68
Days on Market4
Property Features for 3808 MAIN Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement
Parking
8
Parking features
Driveway, Garage - Detached
Elementary school district
TWIN VALLEY
Middle school district
TWIN VALLEY
High school district
TWIN VALLEY
Standard status
Active
Size
2,980 SF
Lot size
0.47 Acres
Taxes and HOA fees
Tax Annual Amount
5336
Utilities
Heating system
Baseboard, Electric (Heating), Hot Water(Heating)
Building Details
Year built
1955
Number of units
4
Building materials
Brick
Architectural style
Cape Cod
Listing Agency:
Century 21 Gold · Century 21 Real Estate
(610) 779-2500
Listed By:
Joshua J Haines · License #RS322462
(610) 898-6268
Added: Aug 3
Last Checked: Aug 6 at 2:06AM
MLS# PABK2075468
Copyright © 2026 Bright 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.
A very well maintained brick quadplex with a Cape Cod architectural style, built in 1955. The property totals 2,980 SF and includes two 2-bedroom units and two 1-bedroom units. Tenants have access to a spacious basement with rear access, offering separate washer/dryer hookups and additional storage.
The exterior includes a paved wrap-around driveway and parking space. A detached 2-car garage is currently included with Unit 1. Heating is split by unit: three units are heated by electric baseboards, and the other unit is heated by oil paid by the tenant. Tenants pay their own utilities, including water and sewer, which are metered separately.
This property is zoned C-3 commercial, with potential uses described as flexible, while it may also be kept as a 4-unit residential or mixed-use property.
The exterior includes a paved wrap-around driveway and parking space. A detached 2-car garage is currently included with Unit 1. Heating is split by unit: three units are heated by electric baseboards, and the other unit is heated by oil paid by the tenant. Tenants pay their own utilities, including water and sewer, which are metered separately.
This property is zoned C-3 commercial, with potential uses described as flexible, while it may also be kept as a 4-unit residential or mixed-use property.
Key Highlights
- 0.47‑acre level lot with paved wrap‑around driveway
- Four‑unit layout: two 2‑bedroom units and two 1‑bedroom units
- Spacious basement with rear access plus tenant washer/dryer hookups and extra storage
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
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit brick quadplex on a level lot with paved wrap-around driveway, separate basement access, and C-3 zoning.
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: 0.47‑acre level lot with paved wrap‑around driveway; Four‑unit layout: two 2‑bedroom units and two 1‑bedroom units; Spacious basement with rear access plus tenant washer/dryer hookups and extra storage
