Duplex with
For Sale
$199,900
405-407 S Cherry St, Ebensburg, PA 15931
Corner-lot duplex with matching layouts, finished attics, included appliances, and off-street parking.
Property Size2,400 SF
Price / SF$83.29
Days on Market70
Property Features for 405-407 S Cherry St
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Amenities
included appliances
sunporch
finished attic
basement
off-street parking
Building Details
Year Built
1900
Listing Agency:
RE/MAX Results Realty Group
Listed By:
John Hill Real Estate
(814) 944-9377
Source:
Johnhillhomesearch
Added: Aug 8
Changed: Oct 15
Last Checked: Oct 16 at 8:23AM
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 RE/MAX Results Realty Group
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Investment Insights
Based on property information with market context.
This two-unit duplex contains 2,400 square feet, with both residences arranged in nearly matching configurations. Each unit includes a substantial living room, an eat-in kitchen with appliances, a sunporch, two bedrooms, and a full bathroom. Finished attic areas add usable interior space, while the basement provides storage and parking. Updated siding and additional off-street parking are also part of the property.
The building occupies a corner lot at 405-407 S. Cherry Street in Ebensburg. The YPCC, Ghost Town Trail, restaurants, shops, and the courthouse are all within walking distance. Built in 1900, the property offers a defined two-unit layout with multiple storage and parking areas.
The building occupies a corner lot at 405-407 S. Cherry Street in Ebensburg. The YPCC, Ghost Town Trail, restaurants, shops, and the courthouse are all within walking distance. Built in 1900, the property offers a defined two-unit layout with multiple storage and parking areas.
Key Highlights
- 2,400‑square‑foot duplex with two nearly identical units
- Each unit includes two bedrooms, a full bathroom, eat‑in kitchen, living room, and sunporch
- Finished attic space in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,851
Cap Rate
7.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,020
$317.0K
Cap Rate 7%
$226,443
$226.4K
Cap Rate 9%
$176,122
$176.1K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$24.5K $10.20/SF
− Vacancy
−$1.8K −$0.77/SF
EGI
$22.6K $9.44/SF
− OpEx
−$6.8K −$2.83/SF
NOI
$15.9K $6.60/SF
Area
Cambria County, PA
Vacancy
7.50%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$317,020
Cap Rate 7%
$226,443
Cap Rate 9%
$176,122
Alternative Uses
Best Use
Multifamily LT 5
$226.4K
$198.1K – $264.2K
NOI $15,851 @ 7.0% cap · market cap 7.93%
Second Best
Apartment 5plus
$210.4K
$184.1K – $245.5K
NOI $14,731 @ 7.0% cap · market cap 7.37%
Theoretical Best
Office A
$724.1K
$633.6K – $844.8K
NOI $50,688 @ 7.0% cap · market cap 25.36%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
588
Businesses Nearby
Explore this area
Business Placement
Demographics for 15931, PA
9,158
Population
4,214
Households
2.2
Avg Household Size
47
Median Age
29%
College-Educated
92%
High-School Grad
81.4 sq mi
ZIP Area
113
Density / Sq Mi
$62,772
Median Household Income
$40,847
Median Earnings
$857
Median Rent
$176,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Corner-lot duplex with matching layouts, finished attics, included appliances, and off-street parking.
Where is this duplex located?
The property is located at 405-407 S Cherry St Ebensburg, PA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 2,400‑square‑foot duplex with two nearly identical units; Each unit includes two bedrooms, a full bathroom, eat‑in kitchen, living room, and sunporch; Finished attic space in both units
