Two-Unit Duplex with Full
For Sale
$289,900
803 Mckinley St, Hazleton, PA 18201
Two separate residences feature spacious interiors and large kitchens, with a full basement for additional storage.
Property Size2,058 SF
Price / SF$140.86
Days on Market26
Property Features for 803 Mckinley St
General Information
Standard status
Active
Size
2,058 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,564
Listing Agency:
exp Realty, LLC - Philadelphia
(888) 397-7352
Listed By:
Christopher Anthony Latoff
(570) 751-8065
Source:
Exprealty
Added: Sep 11
Changed: Sep 29
Last Checked: Oct 5 at 7:01PM
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 exp Realty, LLC - Philadelphia
Investment Insights
Based on property information with market context.
This duplex contains two residential units, each with generous living space and a large kitchen. A full basement provides additional storage space. The roof is 7 years old, and both units have new water heaters.
At 803 McKinley St in Hazleton, the property is conveniently located near grocery stores, restaurants, and schools.
At 803 McKinley St in Hazleton, the property is conveniently located near grocery stores, restaurants, and schools.
Key Highlights
- Two residential units, each with a large kitchen
- 2,058 square feet of living space
- Full basement offers additional storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,609
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,180
$332.2K
Cap Rate 7%
$237,271
$237.3K
Cap Rate 9%
$184,544
$184.5K
Market Conditions
NOI Build-Up for 2,058 SF
Gross rent
$25.9K $12.60/SF
− Vacancy
−$2.2K −$1.07/SF
EGI
$23.7K $11.53/SF
− OpEx
−$7.1K −$3.46/SF
NOI
$16.6K $8.07/SF
Area
Luzerne County, PA
Vacancy
8.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,180
Cap Rate 7%
$237,271
Cap Rate 9%
$184,544
Alternative Uses
Best Use
Multifamily LT 5
$237.3K
$207.6K – $276.8K
NOI $16,609 @ 7.0% cap · market cap 5.73%
Second Best
Apartment 5plus
$220.1K
$192.6K – $256.7K
NOI $15,404 @ 7.0% cap · market cap 5.31%
Theoretical Best
Office A
$652.0K
$570.5K – $760.6K
NOI $45,638 @ 7.0% cap · market cap 15.74%
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
777
Businesses Nearby
Explore this area
Business Placement
Demographics for 18201, PA
31,310
Population
13,318
Households
2.4
Avg Household Size
37
Median Age
11%
College-Educated
76%
High-School Grad
17.5 sq mi
ZIP Area
1,789
Density / Sq Mi
$43,983
Median Household Income
$30,463
Median Earnings
$1,019
Median Rent
$131,900
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 - Two separate residences feature spacious interiors and large kitchens, with a full basement for additional storage.
Where is this duplex located?
The property is located at 803 Mckinley St Hazleton, PA.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two residential units, each with a large kitchen; 2,058 square feet of living space; Full basement offers additional storage
