Multi-Bedroom
New
For Sale
$349,900
93 Main Street, Dallas, PA 18612
Separate utilities and rear-drive parking serve the property's two-unit configuration.
Property Size2,056 SF
Days on Market4
Property Features for 93 Main Street
General Information
Standard status
Active
Size
2,056 SF
Total Parking Spaces
4
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,431
Building Details
Building Size
2,056 SF
Year Built
1920
Buildings
1
Stories
2
Listing Agency:
Wychock Real Estate, LLC
Listed By:
Tanya Gilbert
(570) 235-6722
Source:
Luxehomesnepa
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 7 at 3:08PM
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 Wychock Real Estate, LLC
Investment Insights
Based on property information with market context.
Built in 1920, this duplex has a four-bedroom, one-and-a-half-bath unit on the first floor and a two-bedroom unit with one full bath above. The two residences have separate utilities.
A rear driveway provides off-street parking for up to 4 vehicles. The property is located at 93 Main Street in Dallas, Pennsylvania.
A rear driveway provides off-street parking for up to 4 vehicles. The property is located at 93 Main Street in Dallas, Pennsylvania.
Key Highlights
- Two‑unit duplex with 6 bedrooms and 2.5 baths total
- First‑floor unit has 4 bedrooms and 1.5 baths
- Second‑floor unit has 2 bedrooms and 1 full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,593
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,860
$331.9K
Cap Rate 7%
$237,043
$237.0K
Cap Rate 9%
$184,367
$184.4K
Market Conditions
NOI Build-Up for 2,056 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%
$331,860
Cap Rate 7%
$237,043
Cap Rate 9%
$184,367
Alternative Uses
Best Use
Multifamily LT 5
$237.0K
$207.4K – $276.6K
NOI $16,593 @ 7.0% cap · market cap 4.74%
Second Best
Apartment 5plus
$219.8K
$192.4K – $256.5K
NOI $15,389 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$651.3K
$569.9K – $759.9K
NOI $45,594 @ 7.0% cap · market cap 13.03%
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
488
Businesses Nearby
Explore this area
Business Placement
Demographics for 18612, PA
18,210
Population
6,713
Households
2.7
Avg Household Size
45
Median Age
37%
College-Educated
93%
High-School Grad
54.5 sq mi
ZIP Area
334
Density / Sq Mi
$97,022
Median Household Income
$44,841
Median Earnings
$1,150
Median Rent
$250,700
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 - Separate utilities and rear-drive parking serve the property's two-unit configuration.
Where is this duplex located?
The property is located at 93 Main Street Dallas, PA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two‑unit duplex with 6 bedrooms and 2.5 baths total; First‑floor unit has 4 bedrooms and 1.5 baths; Second‑floor unit has 2 bedrooms and 1 full bath
