Duplex with Storage
695-701 Main Street, Dallas, PA 18612
For Sale
$450,000
Multi-Family, Dallas, PA
Property Size1,600 SF
Lot Size1.11 Acres
Price / SF$281.25
Days on Market48
Property Features for 695-701 Main Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Exterior features
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Water source
Building Details
Roof type
Listing Agency:
Berkshire Hathaway HomeServices Poggi, REALTORS
(570) 283-9100
Listed By:
Edmund Poggi III · License PA RM421804
5702839100x125
Added: Sep 24
Changed: Nov 9
Last Checked: Nov 9 at 11:06PM
MLS# 26-4917
Copyright © 2026 Luzerne County 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.
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Investment Insights
Based on property information with market context.
This Dallas property brings together a duplex and 39 metal storage units across 1.11 acres. Both apartments are fully occupied and have two bedrooms, four rooms, and off-street parking. Storage units vary in size, providing multiple configurations within the same property. The parcel is zoned Multi-Family.
Access is available from Memorial Highway, with the property situated in the Dallas area.
Access is available from Memorial Highway, with the property situated in the Dallas area.
Key Highlights
- Fully occupied duplex with two‑bedroom apartments
- 39 metal storage units in varying sizes
- 1.11 acres combined
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,960
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,200
$319.2K
Cap Rate 7%
$228,000
$228.0K
Cap Rate 9%
$177,333
$177.3K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$24.0K $15.00/SF
− Vacancy
−$1.2K −$0.75/SF
EGI
$22.8K $14.25/SF
− OpEx
−$6.8K −$4.27/SF
NOI
$16.0K $9.98/SF
Area
Luzerne County, PA
Vacancy
5.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,200
Cap Rate 7%
$228,000
Cap Rate 9%
$177,333
Alternative Uses
Best Use
Self Storage
$228.0K
$199.5K – $266.0K
NOI $15,960 @ 7.0% cap · market cap 3.55%
Second Best
Mixed Use
$226.3K
$198.0K – $264.0K
NOI $15,840 @ 7.0% cap · market cap 3.52%
Theoretical Best
Office A
$506.9K
$443.5K – $591.4K
NOI $35,482 @ 7.0% cap · market cap 7.88%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
378
Businesses Nearby
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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
$250,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Luzerne County, PA
Properties on Market for Duplexes in Luzerne County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The property combines a fully occupied duplex with 39 metal storage units on 1.11 acres.
Where is this duplex located?
The property is located at 695-701 Main Street Dallas, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Fully occupied duplex with two‑bedroom apartments; 39 metal storage units in varying sizes; 1.11 acres combined
