Ebensburg Multifamily Investment
For Sale
$149,900
Pending
711 Rowena Drive, Ebensburg, PA 15931
MULTI_FAMILY - Ebensburg, PA
Property Size1,344 SF
Lot Size0.11 Acres
Days on Market376
Property Features for 711 Rowena Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Residential
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Parking features
Driveway
Exterior features
Fire Pit, Rain Gutters
Lot features
Cleared, Year Round Access, Cleared, Year Round Access
Elementary school district
Central Cambria
Middle school district
Central Cambria
High school district
Central Cambria
Directions
From 22 take Ebensburg exit towards Lake Rowena. Turn right onto Rowena Drive, property is on your right
Subdivision
Ebensburg Borough
Standard status
Pending
APN
25-015.-106.001
Size
1,344 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Deed book/page 2021/3066
Tax Annual Amount
1261
Legal Description
Deed book/page 2021/3066
Utilities
Sewer type
Public Sewer
Heating system
Hot Water(Heating), Natural Gas
Water source
Public
Building Details
Number of units
2
Listing Agency:
Re/max Results Realty Group · RE/MAX International
(814) 946-9355
Listed By:
Jessica Mastri · License #RS326182
(814) 931-0426
Added: Jul 23, 2025
Changed: Jul 30
Last Checked: Aug 2 at 1:06PM
MLS# 77978
Copyright © 2026 Allegheny Highland 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.
Investment Insights
Based on property information with market context.
This multifamily property in Ebensburg Borough, Pennsylvania, presents an investment opportunity or a chance for owner-occupancy. The property is located close to Lake Rowena and the Ghost Town Trail, with convenient highway access. The bottom unit has been updated, and the top floor unit has been recently updated with new flooring, paint, and lighting. The property has a newer roof. The building has 1344 square feet of space and is located on a 0.11-acre lot.
Key Highlights
- Two‑unit property in Ebensburg Borough with a bottom unit and a top‑floor unit
- Bottom unit updated; top floor recently updated with new flooring, paint, and lighting
- Newer roof
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 | $13.7k | $10.20 |
| − Vacancy | −$1.0k | −$0.77 |
| EGI | $12.7k | $9.44 |
| − OpEx | −$3.8k | −$2.83 |
| NOI | $8.9k | $6.60 |
1,344 SF · lease $10.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$126.8K
$111.0K – $147.9K
NOI $8,876 @ 7.0% cap · market cap 5.92%
Second Best
Apartment 5plus
$117.8K
$103.1K – $137.5K
NOI $8,249 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$405.5K
$354.8K – $473.1K
NOI $28,385 @ 7.0% cap · market cap 18.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Explore this area
Business Placement
Demographics for 15931, PA
9,158
Population
4,214
Households
2.2
Avg Household Size
47
Median Age
29%
College-Educated
92%
High-School Grad
81.4 sq mi
ZIP Area
113
Density / Sq Mi
$62,772
Median Household Income
$40,847
Median Earnings
$857
Median Rent
$176,400
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?
Duplex - Updated duplex in Ebensburg Borough, great investment or owner-occupancy.
Where is this duplex located?
The property is located at 711 Rowena Drive Ebensburg, PA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Two‑unit property in Ebensburg Borough with a bottom unit and a top‑floor unit; Bottom unit updated; top floor recently updated with new flooring, paint, and lighting; Newer roof
