Triplex with Commercial
For Sale
$239,500
680 Main Rd, Dallas, PA 18612
Three-unit property with varied apartment layouts, basement laundry, off-street parking, and a level yard.
Property Size2,477 SF
Price / SF$96.69
Days on Market223
Property Features for 680 Main Rd
General Information
Standard status
Active
Size
2,477 SF
Property subtype
Multi-Family
Zoning
B-1
Units
Unit Mix
2 x 2BR, 1 x efficiency
Multifamily Units
3
Amenities
shared laundry facility
Listing Agency:
Berkshire Hathaway HomeServices Poggi, REALTORS
(570) 283-9100
Listed By:
Edmund H Poggi IV · License #RM421804
Source:
Nepahousehunt
Added: Jan 19
Changed: Aug 29
Last Checked: Aug 29 at 4:07PM
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 Berkshire Hathaway HomeServices Poggi, REALTORS
Investment Insights
Based on property information with market context.
This 2,477-square-foot triplex contains two larger five-room, two-bedroom apartments and a first-floor efficiency unit. The apartments include semi-modern kitchens and bathrooms, while a shared laundry area is located in the basement. Utilities are included in the rent.
The property occupies a level lot with a grassy yard and ample off-street parking. B-1 zoning also permits potential commercial uses, adding flexibility beyond the existing residential configuration. The property is located on Main Rd in Dallas Township, Dallas, PA.
The property occupies a level lot with a grassy yard and ample off-street parking. B-1 zoning also permits potential commercial uses, adding flexibility beyond the existing residential configuration. The property is located on Main Rd in Dallas Township, Dallas, PA.
Key Highlights
- Three‑unit configuration with two five‑room, two‑bedroom apartments and one first‑floor efficiency
- 2,477 square feet of total property size
- Semi‑modern kitchens and baths across the apartments
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,990
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$399,800
$399.8K
Cap Rate 7%
$285,571
$285.6K
Cap Rate 9%
$222,111
$222.1K
Market Conditions
NOI Build-Up for 2,477 SF
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.
Gross rent
$31.2K $12.60/SF
− Vacancy
−$2.7K −$1.07/SF
EGI
$28.6K $11.53/SF
− OpEx
−$8.6K −$3.46/SF
NOI
$20.0K $8.07/SF
Area
Luzerne County, PA
Vacancy
8.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$399,800
Cap Rate 7%
$285,571
Cap Rate 9%
$222,111
Alternative Uses
Best Use
Multifamily LT 5
$285.6K
$249.9K – $333.2K
NOI $19,990 @ 7.0% cap · market cap 8.35%
Second Best
Apartment 5plus
$264.9K
$231.8K – $309.0K
NOI $18,540 @ 7.0% cap · market cap 7.74%
Theoretical Best
Office A
$784.7K
$686.6K – $915.5K
NOI $54,930 @ 7.0% cap · market cap 22.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
Explore this area
Business Placement
Demographics for 18612, PA
18,210
Population
6,713
Households
2.7
Avg Household Size
45
Median Age
37%
College-Educated
93%
High-School Grad
54.5 sq mi
ZIP Area
334
Density / Sq Mi
$97,022
Median Household Income
$44,841
Median Earnings
$1,150
Median Rent
$250,700
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?
Triplex - Three-unit property with varied apartment layouts, basement laundry, off-street parking, and a level yard.
Where is this triplex located?
The property is located at 680 Main Rd Dallas, PA.
What is the asking price?
The asking price for this property is $239,500.
What are key features of this property?
This property features: Three‑unit configuration with two five‑room, two‑bedroom apartments and one first‑floor efficiency; 2,477 square feet of total property size; Semi‑modern kitchens and baths across the apartments
