Updated Duplex With Bonus
New
For Sale
$335,000
744746 CENTER Street, Bloomsburg, PA 17815
Multi-Family, Duplex, Bloomsburg, PA
Property Size2,416 SF
Lot Size0.08 Acres
Price / SF$138.66
Days on Market2
Property Features for 744746 CENTER Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R
Bedrooms
6
Bathrooms
4
Half bathrooms
2
Rooms
Bathroom 4, Bedroom 6, Bedroom 5, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 2
Subdivision
0-None
Elementary school district
Bloomsburg
Middle school district
Bloomsburg
High school district
Bloomsburg
Directions
from Danville Rt. 11 North then turn right onto market St. in Bloomsburg, turn left at 7th St. then Right onto Center St. by the Children's Museum.From Berwick Rt. 11 South, turn left on east St., Right on 7th St. then left onto Center St.
Standard status
Active
APN
05W-03-192-00000
Size
2,416 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
2807
Utilities
Heating system
Steam, Natural Gas
Water source
Public
Building Details
Year built
1900
Number of units
2
Building materials
Frame, Masonry
Roof type
Shingle
Architectural style
Other
Listing Agency:
EXP Realty, LLC
(888) 397-7352
Listed By:
LORI TEITSWORTH
(570) 336-3912
Added: Sep 10
Changed: Sep 11
Last Checked: Sep 11 at 8:06PM
MLS# C-2457
Copyright © 2026 Central Susquehanna Valley Board 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 R-zoned duplex contains 2,416 square feet across two residential units and sits on a 0.08-acre lot. Both sides are vacant and have undergone substantial updating, including new appliances, lighting, plumbing, windows, and flooring. A rebuilt front porch serves the property, while each unit includes first-floor living areas, a kitchen, laundry room, half bath, and mudroom. Bedrooms are located on the second floors, with additional bonus rooms on the third floors.
Built in 1900, the frame and masonry building has a shingle roof, public water, and natural gas steam heat. The property is in downtown Bloomsburg, near shopping, schools, dining, and recreation, and is identified as outside a flood zone. The six-bedroom, four-bathroom configuration provides substantial residential space within the duplex layout.
Built in 1900, the frame and masonry building has a shingle roof, public water, and natural gas steam heat. The property is in downtown Bloomsburg, near shopping, schools, dining, and recreation, and is identified as outside a flood zone. The six-bedroom, four-bathroom configuration provides substantial residential space within the duplex layout.
Key Highlights
- Two‑unit duplex with 2,416 square feet of building area
- 0.08‑acre lot in downtown Bloomsburg
- Both units are vacant and recently remodeled
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
$28,722
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
8.57%
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%
$574,440
$574.4K
Cap Rate 7%
$410,314
$410.3K
Cap Rate 9%
$319,133
$319.1K
Market Conditions
NOI Build-Up for 2,416 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
$44.4K $18.36/SF
− Vacancy
−$3.3K −$1.38/SF
EGI
$41.0K $16.98/SF
− OpEx
−$12.3K −$5.09/SF
NOI
$28.7K $11.89/SF
Area
Columbia County, PA
Vacancy
7.50%
Lease Rate
$18.36 /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%
$574,440
Cap Rate 7%
$410,314
Cap Rate 9%
$319,133
Alternative Uses
Best Use
Multifamily LT 5
$410.3K
$359.0K – $478.7K
NOI $28,722 @ 7.0% cap · market cap 8.57%
Second Best
Apartment 5plus
$365.0K
$319.4K – $425.9K
NOI $25,553 @ 7.0% cap · market cap 7.63%
Theoretical Best
Office A
$810.0K
$708.8K – $945.1K
NOI $56,703 @ 7.0% cap · market cap 16.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
828
Businesses Nearby
Explore this area
Business Placement
Demographics for 17815, PA
28,936
Population
12,661
Households
2.3
Avg Household Size
36
Median Age
32%
College-Educated
93%
High-School Grad
125.7 sq mi
ZIP Area
230
Density / Sq Mi
$66,145
Median Household Income
$36,695
Median Earnings
$968
Median Rent
$216,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Vacant two-unit property with remodeled interiors, separate laundry areas, and flexible third-floor rooms.
Where is this duplex located?
The property is located at 744746 CENTER Street Bloomsburg, PA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,416 square feet of building area; 0.08‑acre lot in downtown Bloomsburg; Both units are vacant and recently remodeled
