Historic
For Sale
$459,000
531 Main Street, Gouldsboro, PA 18424
Residential Income, Gouldsboro, PA
Property Size3,628 SF
Lot Size0.87 Acres
Price / SF$126.52
Days on Market183
Property Features for 531 Main Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Zoning description
Residential
Bedrooms
6
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 3, Bathroom 3, Bathroom 4, Basement, Bedroom 1, Bedroom 2, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 5, Bathroom 1
Exterior features
Private Yard, Storage
Basement
Storage Space, Unfinished
Elementary school district
North Pocono
Middle school district
North Pocono
High school district
North Pocono
Directions
main street gouldsboro located near train station
Standard status
Active
APN
14-0-0019-0036
Size
3,628 SF
Lot size
0.87 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Improvement Type: 3 Family Converted
Tax Annual Amount
5935
Legal Description
Improvement Type: 3 Family Converted
Building Details
Year built
1880
Floors in Building
2
Number of units
3
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Coldwell Banker Town & Country Properties Moscow · Coldwell Banker Real Estate
(570) 842-9531
Listed By:
Heather Kishel Team · License #RS279133
(570) 499-1443
Added: May 5
Changed: Nov 2
Last Checked: Nov 3 at 8:06AM
MLS# SC262000
Copyright © 2026 Greater Scranton Board of Realtors MLS. 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.
Built in 1880, this 3,628-square-foot triplex contains three separate residential units on a 0.87-acre parcel. The property includes six bedrooms, four bathrooms, a basement, private yard, and storage. Original woodwork and other period architectural details remain, giving the building a distinctive historic character. R1 zoning is identified for the property.
Located at 531 Main Street in Gouldsboro, the property sits in the center of town. Its three-unit configuration offers separate residential spaces within one building, while the lot provides outdoor area and additional storage. The historic construction date, existing room count, and original interior details define the property's physical profile.
Located at 531 Main Street in Gouldsboro, the property sits in the center of town. Its three-unit configuration offers separate residential spaces within one building, while the lot provides outdoor area and additional storage. The historic construction date, existing room count, and original interior details define the property's physical profile.
Key Highlights
- Three separate residential units in one triplex
- 3,628 square feet on a 0.87‑acre parcel
- Built in 1880 with original woodwork and period architectural details
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,465
Cap Rate
8.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,300
$789.3K
Cap Rate 7%
$563,786
$563.8K
Cap Rate 9%
$438,500
$438.5K
Market Conditions
NOI Build-Up for 3,628 SF
Gross rent
$61.0K $16.80/SF
− Vacancy
−$4.6K −$1.26/SF
EGI
$56.4K $15.54/SF
− OpEx
−$16.9K −$4.66/SF
NOI
$39.5K $10.88/SF
Area
Wayne County, PA
Vacancy
7.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,300
Cap Rate 7%
$563,786
Cap Rate 9%
$438,500
Alternative Uses
Best Use
Multifamily LT 5
$563.8K
$493.3K – $657.8K
NOI $39,465 @ 7.0% cap · market cap 8.60%
Second Best
Apartment 5plus
$488.3K
$427.3K – $569.7K
NOI $34,182 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$884.7K
$774.1K – $1.03M
NOI $61,926 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
59
Businesses Nearby
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Business Placement
Demographics for 18424, PA
5,598
Population
4,031
Households
1.4
Avg Household Size
49
Median Age
22%
College-Educated
93%
High-School Grad
81.2 sq mi
ZIP Area
69
Density / Sq Mi
$62,192
Median Household Income
$37,167
Median Earnings
$994
Median Rent
$191,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential property with original architectural details, private yard, storage, and a basement on Main Street.
Where is this triplex located?
The property is located at 531 Main Street Gouldsboro, PA.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Three separate residential units in one triplex; 3,628 square feet on a 0.87‑acre parcel; Built in 1880 with original woodwork and period architectural details
