Two-Unit Duplex with Finished
405-407 S Cherry Street, Ebensburg, PA 15931
For Sale
$184,900
Multi-Family, 2 Story, Ebensburg, PA
Property Size2,400 SF
Lot Size0.31 Acres
Price / SF$77.04
Days on Market98
Property Features for 405-407 S Cherry Street
General Information
Property type
Property subtype
Zoning
Lot features
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Water source
Building Details
Floors in Building
Number of units
Building materials
Roof type
Architectural style
Listing Agency:
HOWARD HANNA BARDELL REALTY ALTOONA
(814) 313-4111
Listed By:
Hunter Ott · License #RS353898
(814) 254-8121
Added: Aug 3
Changed: Oct 15
Last Checked: Nov 8 at 10:06AM
MLS# 96042244
Copyright © 2026 Cambria Somerset Association of Realtors. 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.
This two-unit duplex contains 2,400 square feet across two nearly matching residences. Each unit includes a living room, eat-in kitchen with appliances, sunporch, two bedrooms, and a full bathroom. Finished attic areas add usable space, while the basement provides storage and parking. The building has vinyl siding, shingle roofing, and hot-water heating, with public water and public sewer serving the property.
Set on a 0.31-acre corner lot at 405-407 S Cherry Street, the property is within walking distance of the YPCC, Ghost Town Trail, restaurants, shops, and the courthouse. Off-street parking is provided, and the residential zoning supports the existing duplex configuration.
Set on a 0.31-acre corner lot at 405-407 S Cherry Street, the property is within walking distance of the YPCC, Ghost Town Trail, restaurants, shops, and the courthouse. Off-street parking is provided, and the residential zoning supports the existing duplex configuration.
Key Highlights
- Two‑unit duplex with 2,400 square feet
- Each unit has two bedrooms, one full bathroom, an eat‑in kitchen, and a sunporch
- Finished attic space in both units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,851
Cap Rate
8.57%
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 8.57%
Second Best
Apartment 5plus
$210.4K
$184.1K – $245.5K
NOI $14,731 @ 7.0% cap · market cap 7.97%
Theoretical Best
Office A
$724.1K
$633.6K – $844.8K
NOI $50,688 @ 7.0% cap · market cap 27.41%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
588
Businesses Nearby
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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
$176,400
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Cambria County, PA
Properties on Market for Duplexes in Cambria County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Corner-lot duplex with matching layouts, off-street parking, and public water and sewer service.
Where is this duplex located?
The property is located at 405-407 S Cherry Street Ebensburg, PA.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,400 square feet; Each unit has two bedrooms, one full bathroom, an eat‑in kitchen, and a sunporch; Finished attic space in both units
