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Historic Triplex with Private Yard
For Sale
$459,000

531 Main Street, Gouldsboro, PA 18424

MULTI_FAMILY - Other - Gouldsboro, PA

Property Size3,628 SF
Lot Size0.87 Acres
Price / SF$126.52
Days on Market92

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 Bathroom 3, Bedroom 5, Basement, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 6
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
Listed By: Heather Kishel Team · License #RS279133
Added: May 5 Changed: Aug 4 Last Checked: Aug 4 at 9:06PM
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.

Investment Insights

Based on property information with market context.

Historic triplex property built in 1880 offering three separate units. The home totals 3,628 square feet and includes multiple bedrooms and four bathrooms, plus a basement. Exterior features include a private yard and storage, providing practical outdoor and added-use space for a range of residential living setups.

Set on Main Street in Gouldsboro, the property is located in the center of town with easy access to local amenities and major routes. With three independent units, the layout supports owner-occupancy with rental income from the remaining units.

Zoned R1, this is a residential income opportunity with historic character and original features that may appeal to buyers seeking a property with restoration flexibility while maintaining an income-producing structure.

Key Highlights

  • Three separate units in a historic triplex built in 1880
  • 3,628 square feet total area
  • 0.87‑acre lot with private yard

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 $61.0k $16.80
− Vacancy −$4.6k −$1.26
EGI $56.4k $15.54
− OpEx −$16.9k −$4.66
NOI $39.5k $10.88
3,628 SF · lease $16.80/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$563.8K
$493.3K – $657.8K (±1% cap)
NOI $39,465 @ 7.0% cap · market cap 8.60%
Second Best
Apartment 5plus
$488.3K
$427.3K – $569.7K (±1% cap)
NOI $34,182 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$884.7K
$774.1K – $1.03M (±1% cap)
NOI $61,926 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Building Supply HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Gym & Fitness Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Historic triplex on Main Street with three separate units, private yard, and R1 zoning for residential use.
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 units in a historic triplex built in 1880; 3,628 square feet total area; 0.87‑acre lot with private yard
More about this property
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