Three-Unit Townhouse
For Sale
$490,000
714-718 E High Street, Ebensburg, PA 15931
MULTI_FAMILY - Ebensburg, PA
Property Size3,584 SF
Lot Size0.14 Acres
Price / SF$136.72
Days on Market126
Property Features for 714-718 E High Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
Residential
Bedrooms
6
Bathrooms
6
Full bathrooms
9
Rooms
Bedroom 5, Bathroom 3, Bathroom 6, Bathroom 7, Bathroom 9, Bedroom 6, Bedroom 4, Bedroom 1, Bathroom 8, Bathroom 2, Bedroom 3, Bathroom 4, Bathroom 5, Bedroom 2, Bathroom 1
Parking features
Off Street
Exterior features
Lighting
Lot features
Cleared, Level, Year Round Access, Cleared, Level, Year Round Access
Elementary school district
Central Cambria
Middle school district
Central Cambria
High school district
Central Cambria
Directions
From Route 22 take Ebensburg exit onto Rowena Drive stay straight through red light, property is approximately 1/4 mile on the right side and sits with rear of building facing Rowena Drive, make sharp right turn onto E High Street, property is third on right.
Subdivision
Ebensburg Borough
Standard status
Active
APN
25-015.-106.002
Size
3,584 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Deed book/page 2020/4189
Tax Annual Amount
4402
Legal Description
Deed book/page 2020/4189
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Heat Pump (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
2020
Number of units
3
Listing Agency:
Re/max Results Realty Group · RE/MAX International
(814) 946-9355
Listed By:
Jessica Mastri · License #RS326182
(814) 931-0426
Added: Apr 8
Changed: Aug 3
Last Checked: Aug 11 at 5:06AM
MLS# 79801
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 three-unit townhouse complex was built in 2020 and is fully occupied. Each unit offers an open-concept layout with a main-level living room flowing into a modern kitchen, plus a half-bath and a dedicated laundry room. Ample storage is included throughout each unit.
The second floor includes a secondary bedroom and a full hallway bathroom, along with a primary suite featuring a massive walk-in closet and a private full ensuite bathroom. Each unit also has its own dedicated deck for outdoor dining or relaxing. Off-street parking for all residents is provided with low-maintenance cement parking.
The property totals 3,584 square feet on a 0.14-acre lot. Heating is provided by heat pump and forced air systems, with central air conditioning. Utilities include public water and public sewer, and exterior lighting is included.
The second floor includes a secondary bedroom and a full hallway bathroom, along with a primary suite featuring a massive walk-in closet and a private full ensuite bathroom. Each unit also has its own dedicated deck for outdoor dining or relaxing. Off-street parking for all residents is provided with low-maintenance cement parking.
The property totals 3,584 square feet on a 0.14-acre lot. Heating is provided by heat pump and forced air systems, with central air conditioning. Utilities include public water and public sewer, and exterior lighting is included.
Key Highlights
- Three‑unit townhouse complex built in 2020
- Each unit features a dedicated deck
- Primary suite includes a massive walk‑in closet and private full ensuite bathroom
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
$23,671
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
4.83%
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%
$473,420
$473.4K
Cap Rate 7%
$338,157
$338.2K
Cap Rate 9%
$263,011
$263.0K
Market Conditions
NOI Build-Up for 3,584 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
$36.6K $10.20/SF
− Vacancy
−$2.7K −$0.77/SF
EGI
$33.8K $9.44/SF
− OpEx
−$10.1K −$2.83/SF
NOI
$23.7K $6.60/SF
Area
Cambria County, PA
Vacancy
7.50%
Lease Rate
$10.20 /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%
$473,420
Cap Rate 7%
$338,157
Cap Rate 9%
$263,011
Alternative Uses
Best Use
Multifamily LT 5
$338.2K
$295.9K – $394.5K
NOI $23,671 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$314.3K
$275.0K – $366.7K
NOI $21,999 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$1.08M
$946.2K – $1.26M
NOI $75,694 @ 7.0% cap · market cap 15.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
508
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?
Triplex - Newer three-unit townhouse complex built in 2020 with central air and dedicated decks for each unit.
Where is this triplex located?
The property is located at 714-718 E High Street Ebensburg, PA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Three‑unit townhouse complex built in 2020; Each unit features a dedicated deck; Primary suite includes a massive walk‑in closet and private full ensuite bathroom
