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Duplex with Two-Bedroom Units
For Sale
$324,000

610 1st St, Matamoras, PA 18336

Corner-lot property with two residential units, each offering an eat-in kitchen and one full bathroom.

Property Size1,864 SF
Price / SF$173.82
Days on Market424

Property Features for 610 1st St

General Information

Standard status Active
Size 1,864 SF
Property subtype Residential Income

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,034

Amenities

porch
deck

Building Details

Buildings 1
Listing Agency: Century 21 Geba Realty
Listed By: Joyce Klimkiewicz · License #10491209677
Source: Exprealty
Added: Aug 20, 2025 Changed: Oct 11 Last Checked: Oct 16 at 1:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Geba Realty

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Investment Insights

Based on property information with market context.

This 1,864-square-foot duplex contains two residential units, with each unit arranged with two bedrooms, one bathroom, and an eat-in kitchen. Unit features vary and include combinations of porches, decks, flooring, and driveway space. The property occupies a spacious corner lot with a side yard.

Located at 610 1st St in Matamoras, Pennsylvania, the property is near restaurants, parks, schools, shopping, and other services. Interstate 84 provides highway access, while the Port Jervis, NY Metro-North train station is nearby. The property is also situated near the Delaware River, with access to area activities including canoeing, kayaking, rafting, fishing, and hiking.

Key Highlights

  • Two‑unit duplex with 1,864 square feet of property size
  • Each unit includes 2 bedrooms, 1 bathroom, and an eat‑in kitchen
  • Corner lot with a spacious side yard

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,764
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,280 $395.3K
Cap Rate 7%
$282,343 $282.3K
Cap Rate 9%
$219,600 $219.6K
Market Conditions
NOI Build-Up for 1,864 SF
Gross rent
$30.2K $16.20/SF
− Vacancy
−$2.0K −$1.05/SF
EGI
$28.2K $15.15/SF
− OpEx
−$8.5K −$4.54/SF
NOI
$19.8K $10.60/SF
Area
Pike County, PA
Vacancy
6.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,280
Cap Rate 7%
$282,343
Cap Rate 9%
$219,600

Alternative Uses

Best Use
Multifamily LT 5
$282.3K
$247.1K – $329.4K (±1% cap)
NOI $19,764 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$262.7K
$229.8K – $306.5K (±1% cap)
NOI $18,387 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$454.9K
$398.0K – $530.7K (±1% cap)
NOI $31,841 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Locksmith Cafe & Coffee Shop Carpet & Flooring Store Butcher

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

283
Businesses Nearby

Demographics for 18336, PA

3,707
Population
2,002
Households
1.9
Avg Household Size
48
Median Age
27%
College-Educated
92%
High-School Grad
11.5 sq mi
ZIP Area
322
Density / Sq Mi
$71,420
Median Household Income
$41,849
Median Earnings
$1,215
Median Rent
$244,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Corner-lot property with two residential units, each offering an eat-in kitchen and one full bathroom.
Where is this duplex located?
The property is located at 610 1st St Matamoras, PA.
What is the asking price?
The asking price for this property is $324,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,864 square feet of property size; Each unit includes 2 bedrooms, 1 bathroom, and an eat‑in kitchen; Corner lot with a spacious side yard
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