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Duplex with Separate Utilities
New
For Sale
$199,000

19-21' Laurel Street, Edwardsville, PA 18704

Multi-Family, Edwardsville, PA

Property Size2,300 SF
Lot Size0.11 Acres
Price / SF$86.52
Days on Market3

Property Features for 19-21' Laurel Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 5, Bedroom 6, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 2
Parking features Off Street
Exterior features Aluminum
Basement Concrete, Partially Finished
Elementary school district Wyoming Valley West
Middle school district Wyoming Valley West
High school district Wyoming Valley West
Directions From Main St Edwardsville to Zerby Avenue then turn right onto Roosevelt Street to the end. Turn left onto Laurel Street property on right.
Subdivision Kingston-Forty Fort-Swoyersville
Standard status Active
APN 18-G9S3-004-021 & 18-G9S3-004-019
Size 2,300 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Description Tenants on all Appliances
Tax Annual Amount 4245
Legal Description Tenants on all Appliances

Utilities

Heating system Steam, Hot Water(Heating), Baseboard
Water source Public

Building Details

Roof type Shingle
Listing Agency: Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn
Listed By: Robert T Cook
Added: Oct 21 Last Checked: Oct 23 at 5:06PM
MLS# 26-5460

Copyright © 2026 Luzerne County Association 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.

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Investment Insights

Based on property information with market context.

This duplex contains two units within a 2,300-square-foot building on a 0.1079-acre lot. Each unit has its own furnace, electric meter, and water meter. Heating includes steam, hot water, and baseboard systems, and public water serves the property. Exterior materials include aluminum siding and a shingle roof.

The units are leased on a month-to-month basis. The property is zoned Multi-Family and has off-street parking.

Key Highlights

  • Two‑unit duplex with separate furnaces
  • 2,300 square feet on a 0.1079‑acre lot
  • Separate electric and water meters for each unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,215
Cap Rate
8.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,300 $344.3K
Cap Rate 7%
$245,929 $245.9K
Cap Rate 9%
$191,278 $191.3K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$33.9K $14.76/SF
− Vacancy
−$2.6K −$1.15/SF
EGI
$31.3K $13.61/SF
− OpEx
−$14.1K −$6.12/SF
NOI
$17.2K $7.48/SF
Area
Luzerne County, PA
Vacancy
7.80%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,300
Cap Rate 7%
$245,929
Cap Rate 9%
$191,278

Alternative Uses

Best Use
Multifamily LT 5
$265.2K
$232.0K – $309.4K (±1% cap)
NOI $18,562 @ 7.0% cap · market cap 9.33%
Second Best
Apartment 5plus
$245.9K
$215.2K – $286.9K (±1% cap)
NOI $17,215 @ 7.0% cap · market cap 8.65%
Theoretical Best
Office A
$728.6K
$637.6K – $850.1K (±1% cap)
NOI $51,005 @ 7.0% cap · market cap 25.63%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,060
Businesses Nearby

Demographics for 18704, PA

31,138
Population
14,531
Households
2.1
Avg Household Size
43
Median Age
29%
College-Educated
95%
High-School Grad
10.1 sq mi
ZIP Area
3,083
Density / Sq Mi
$62,907
Median Household Income
$39,349
Median Earnings
$935
Median Rent
$154,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units have independent furnaces and separate electric and water meters.
Where is this duplex located?
The property is located at 19-21' Laurel Street Edwardsville, PA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two‑unit duplex with separate furnaces; 2,300 square feet on a 0.1079‑acre lot; Separate electric and water meters for each unit
More about this property
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