Corner-Lot
New
For Sale
$199,900
405-407 S Cherry Street, Ebensburg, PA 15931
MULTI_FAMILY - Ebensburg, PA
Property Size2,400 SF
Lot Size0.31 Acres
Price / SF$83.29
Days on Market2
Property Features for 405-407 S Cherry Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Lot features
Corner Lot, Irregular
Elementary school district
Central Cambria
Middle school district
Central Cambria
High school district
Central Cambria
Directions
From W High Street turn onto S Cherry Street. House is on the right.
Subdivision
Ebensburg Boro-Center Ward-24
Standard status
Active
APN
24-001. -206.000
Size
2,400 SF
Lot size
0.31 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
2023-4329
Tax Annual Amount
1332
Legal Description
2023-4329
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating)
Water source
Public
Building Details
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
HOWARD HANNA BARDELL REALTY ALTOONA
(814) 313-4111
Listed By:
Hunter Ott · License #RS353898
(814) 254-8121
Added: Aug 3
Last Checked: Aug 4 at 6:06AM
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.
Investment Insights
Based on property information with market context.
This duplex contains 2,400 square feet across two nearly matching residential units. Each unit offers a living room, eat-in kitchen with appliances, sunporch, two bedrooms, and a full bathroom. Finished attic space expands each layout, while the basement provides additional storage and parking. Vinyl siding, shingle roofing, hot-water heating, public water, and public sewer serve the property.
The 0.31-acre parcel occupies a corner location at 405-407 S Cherry Street in Ebensburg, Pennsylvania. The property is within walking distance of the YPCC, Ghost Town Trail, restaurants, shops, and the courthouse. Residential zoning and ample off-street parking support the existing duplex configuration.
The 0.31-acre parcel occupies a corner location at 405-407 S Cherry Street in Ebensburg, Pennsylvania. The property is within walking distance of the YPCC, Ghost Town Trail, restaurants, shops, and the courthouse. Residential zoning and ample off-street parking support the existing duplex configuration.
Key Highlights
- Two‑unit duplex with 2,400 square feet of building area
- 0.31‑acre corner lot at 405‑407 S Cherry Street
- Each unit includes two bedrooms, a full bathroom, sunporch, and finished attic
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 | $24.5k | $10.20 |
| − Vacancy | −$1.8k | −$0.77 |
| EGI | $22.6k | $9.44 |
| − OpEx | −$6.8k | −$2.83 |
| NOI | $15.9k | $6.60 |
2,400 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%
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.
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two comparable units include bedrooms, sunporches, finished attics, basement storage, and off-street parking.
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 $199,900.
What are key features of this property?
This property features: Two‑unit duplex with 2,400 square feet of building area; 0.31‑acre corner lot at 405‑407 S Cherry Street; Each unit includes two bedrooms, a full bathroom, sunporch, and finished attic
