University-Area Duplex with
For Sale
$189,000
80 S Academy St, Mansfield, PA 16933
A two-unit layout includes a three-bedroom residence and a separate one-bedroom apartment.
Property Size1,374 SF
Price / SF$137.55
Days on Market54
Property Features for 80 S Academy St
General Information
Standard status
Active
Size
1,374 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 3BR/2BA, 1 x 1BR/1BA
Multifamily Units
2
Listing Agency:
Mountain Valley Realty, Inc.
(570) 723-8484
Listed By:
Kristi Gee
(607) 425-7085
Source:
Exprealty
Added: Aug 24
Changed: Oct 15
Last Checked: Oct 16 at 9:15AM
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 Mountain Valley Realty, Inc.
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Investment Insights
Based on property information with market context.
This duplex contains two distinct residences with varied layouts. The larger unit has 3 bedrooms, 2 full baths, a kitchen, and two living areas. The upper-level apartment provides 1 bedroom and 1 bath, along with a generously sized living room, gas fireplace, and updated kitchen. A new roof is among the completed improvements.
The property sits directly across from Commonwealth University Mansfield on S Academy St. Onsite parking and a 2-car garage add practical convenience for both residences. Its separate-unit configuration supports an owner-occupant arrangement with additional rental space or continued use as a two-unit income property.
The property sits directly across from Commonwealth University Mansfield on S Academy St. Onsite parking and a 2-car garage add practical convenience for both residences. Its separate-unit configuration supports an owner-occupant arrangement with additional rental space or continued use as a two-unit income property.
Key Highlights
- Directly across from Commonwealth University Mansfield
- Two‑unit property with 3‑bedroom and 1‑bedroom residences
- Larger unit includes 2 full baths and two living areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,320
Cap Rate
4.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$186,400
$186.4K
Cap Rate 7%
$133,143
$133.1K
Cap Rate 9%
$103,556
$103.6K
Market Conditions
NOI Build-Up for 1,374 SF
Gross rent
$14.0K $10.20/SF
− Vacancy
−$701 −$0.51/SF
EGI
$13.3K $9.69/SF
− OpEx
−$4.0K −$2.91/SF
NOI
$9.3K $6.78/SF
Area
Tioga County, PA
Vacancy
5.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$186,400
Cap Rate 7%
$133,143
Cap Rate 9%
$103,556
Alternative Uses
Best Use
Multifamily LT 5
$133.1K
$116.5K – $155.3K
NOI $9,320 @ 7.0% cap · market cap 4.93%
Second Best
Apartment 5plus
$123.7K
$108.3K – $144.3K
NOI $8,660 @ 7.0% cap · market cap 4.58%
Theoretical Best
Healthcare Medical
$234.1K
$204.8K – $273.1K
NOI $16,384 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
Explore this area
Business Placement
Demographics for 16933, PA
6,643
Population
3,131
Households
2.1
Avg Household Size
37
Median Age
32%
College-Educated
94%
High-School Grad
102.6 sq mi
ZIP Area
65
Density / Sq Mi
$60,707
Median Household Income
$27,697
Median Earnings
$783
Median Rent
$200,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A two-unit layout includes a three-bedroom residence and a separate one-bedroom apartment.
Where is this duplex located?
The property is located at 80 S Academy St Mansfield, PA.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Directly across from Commonwealth University Mansfield; Two‑unit property with 3‑bedroom and 1‑bedroom residences; Larger unit includes 2 full baths and two living areas
