Two-Unit Duplex with
911 Lincoln Avenue, Blakely, PA 18447
For Sale
$229,000
Residential Income, Blakely, PA
Property Size1,400 SF
Lot Size0.17 Acres
Price / SF$163.57
Days on Market472
Property Features for 911 Lincoln Avenue
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Basement
Appliances
Lot features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Amenities
front porch
back deck
laundry
Building Details
Year built
Floors in Building
Number of units
Architectural style
Buildings
Listing Agency:
SIX PM LLC
Listed By:
Jeremy J Watson · License PA RM425357
(570) 352-5162
Added: Jul 29, 2025
Changed: Nov 9
Last Checked: Nov 12 at 7:06PM
MLS# PW-252413
Copyright © 2026 Pike/Wayne Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1940, this 1,400-square-foot duplex contains two residences: a one-bedroom unit on the ground floor and a two-bedroom unit above. The lower apartment has a kitchen, dining room, living room, upgraded bathroom and basement access with a washer and dryer. The upper apartment includes a kitchen, living room, updated bathroom and in-unit laundry. A covered front porch and rear deck with staircase add outdoor features.
The property occupies 0.17 acres and has a long driveway, off-street parking and additional on-street parking. Public water and public sewer serve the site. The stated zoning is Residential.
The property occupies 0.17 acres and has a long driveway, off-street parking and additional on-street parking. Public water and public sewer serve the site. The stated zoning is Residential.
Key Highlights
- Two apartments: one‑bedroom lower unit and two‑bedroom upper unit
- 1,400 square feet on a 0.17‑acre lot
- Both units are currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,545
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,900
$230.9K
Cap Rate 7%
$164,929
$164.9K
Cap Rate 9%
$128,278
$128.3K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$17.6K $12.60/SF
− Vacancy
−$1.1K −$0.82/SF
EGI
$16.5K $11.78/SF
− OpEx
−$4.9K −$3.53/SF
NOI
$11.5K $8.25/SF
Area
Lackawanna County, PA
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$230,900
Cap Rate 7%
$164,929
Cap Rate 9%
$128,278
Alternative Uses
Best Use
Multifamily LT 5
$164.9K
$144.3K – $192.4K
NOI $11,545 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$154.2K
$134.9K – $179.9K
NOI $10,793 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$355.3K
$310.9K – $414.6K
NOI $24,874 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
674
Businesses Nearby
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Business Placement
Demographics for 18447, PA
10,362
Population
4,799
Households
2.2
Avg Household Size
45
Median Age
28%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
521
Density / Sq Mi
$64,276
Median Household Income
$42,470
Median Earnings
$971
Median Rent
$194,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Lackawanna County, PA
Properties on Market for Duplexes in Lackawanna County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased and offer one- and two-bedroom floor plans.
Where is this duplex located?
The property is located at 911 Lincoln Avenue Blakely, PA.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Two apartments: one‑bedroom lower unit and two‑bedroom upper unit; 1,400 square feet on a 0.17‑acre lot; Both units are currently rented
