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
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4
Parking features
Off Street, Garage
Exterior features
Private Yard
Lot features
Cleared, Level, Cleared, Level
Elementary school district
Central Cambria
Middle school district
Central Cambria
High school district
Central Cambria
Subdivision
Ebensburg Borough
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), Natural Gas
Water source
Public
Amenities
sunporch
finished attic
basement
included appliances
Building Details
Year built
1900
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 9:06AM
MLS# 80865
Copyright © 2026 Allegheny Highland 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 residences. Each unit includes a living room, eat-in kitchen with appliances, sunporch, two bedrooms, a full bathroom, finished attic space, and basement storage. Updated siding, natural-gas hot-water heat, public water, and public sewer serve the property. Garage and off-street parking are provided, with the basement also offering parking capacity.
The building occupies a 0.31-acre corner lot at 405-407 S Cherry Street in Ebensburg. The property is within walking distance of the YPCC, Ghost Town Trail, restaurants, shops, and the courthouse. Built in 1900, the duplex also includes a private yard and a layout suited to continued residential rental use.
The building occupies a 0.31-acre corner lot at 405-407 S Cherry Street in Ebensburg. The property is within walking distance of the YPCC, Ghost Town Trail, restaurants, shops, and the courthouse. Built in 1900, the duplex also includes a private yard and a layout suited to continued residential rental use.
Key Highlights
- Two‑unit duplex with 2,400 square feet of total property size
- Each residence includes two bedrooms, a full bath, sunporch, finished attic, and basement storage
- 0.31‑acre corner lot at 405‑407 S Cherry Street, Ebensburg
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
Lease Details
Multi-tenant
Tenancy
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two similar residences offer flexible layouts, private outdoor space, and off-street parking near local amenities.
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 total property size; Each residence includes two bedrooms, a full bath, sunporch, finished attic, and basement storage; 0.31‑acre corner lot at 405‑407 S Cherry Street, Ebensburg
