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    Simpson, PA
    Multifamily

    Simpson, PA Multifamily Properties for Sale

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    Carbondale, PA Mayfield, PA Jermyn, PA
    Two-Unit Property with Exterior Upgrades
    Updated: Apr 6
    Two-Unit Property with Exterior Upgrades

    23 25 Prospect Street, Simpson, PA 18407

    $324,900
    2,192 sqft · 0.17 AC lot
    Two‑unit property, each unit offering 2 bedrooms
    Year built 1920
    Public water and public sewer
    Several exterior improvements completed: new vinyl siding, new roof, updated insulation, foundation stone work, and support pillars
    Attic skylights and two storage sheds on the property
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    This listing looks promising.

    Here's a quick look at some key insights for

    23 25 Prospect Street, Simpson, PA 18407

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    • Est. Cap Rate

      5.6%
      NOI ÷ price

    • Est. NOI

      $18K
      Annual

    • Price @ 7% Cap

      $258K
      Suggested

    • Last Sold

      Aug 2022
      $117K
    View Property Analytics
    Side-by-Side Duplex Income Property
    Updated: May 18
    Side-by-Side Duplex Income Property

    144 146 Jefferson Street, Simpson, PA 18407

    $199,900
    2,376 sqft · 0.18 AC lot
    Updated side‑by‑side multi‑family home built in 1920, with recent renovations throughout
    Two updated kitchens and bathrooms, plus fresh paint and new flooring
    New boiler installed in 2026
    Public utilities: public water and public sewer; tenants pay electric
    Eat‑in kitchen with electric range and refrigerator included
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Simpson, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Unit Apartment Building with Parking
    Three-Unit Apartment Building with Parking

    701 707 Main Street, Vandling, PA 18421

    $199,000
    3,000 sqft · 0.22 AC lot

    Three-unit apartment building with off-street parking and tenant-paid utilities, offering income from two currently rented units.

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    Three-Unit Residential Income Building
    Three-Unit Residential Income Building

    328 330 Main, Vandling, PA 18421

    $149,900
    3,168 sqft · 0.17 AC lot

    Triplex with separate utilities, off-street parking, and multiple units in various stages of repair and renovation.

    View details
    Three-Unit Mixed-Use Property
    Three-Unit Mixed-Use Property

    5 N Church Street, Carbondale, PA 18407

    $290,000
    3,276 sqft · 0.08 AC lot

    Three-unit building with Commercial/Residential zoning, offering vacant units ready for refresh and optional office use.

    View details
    Restaurant and Bar with Apartment
    Restaurant and Bar with Apartment

    35 N Main Street, Carbondale, PA 18407

    $312,000
    3,400 sqft · 0.08 AC lot

    Downtown Carbondale property combines a licensed bar business with a second-floor apartment.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land with Included Park Model
    Land with Included Park Model

    S6-640 Whip Poor Will Drive, Gouldsboro, PA 18424

    $69,900
    0.24 AC lot

    Land offering a park model in a vacation-only community with utilities, security, and recreation amenities included in dues.

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    Park Model Community Lot
    Park Model Community Lot

    WL7-879 Whitetail Way, Gouldsboro, PA 18424

    $39,000
    0.15 AC lot

    Park model home included for vacation use only, with community amenities and utilities secured through yearly dues.

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    72 Acres in Covington Township
    72 Acres in Covington Township

    AM HUGHES BLVD lot: 10.01, Covington Twp, PA 18424

    $850,000
    71.33 AC lot

    Large square parcel available in Covington Township, Pennsylvania.

    View details
    Vacation Park Land with Park Model
    Vacation Park Land with Park Model

    WL5-497 Wild Life Way, Gouldsboro, PA 18424

    $99,900

    Cash-only sale includes a park model home, with zoning limiting use to vacation purposes.

    View details

    Simpson, PA Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Simpson, PA on our real estate platform. These investment opportunities span a total of 4,568 square feet of properties for sale, with an estimated market value of $524,800.

    Sale prices for multifamily properties in Simpson, PA start at $199,900, averaging $262,400, and reaching up to $324,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2

    Demographics Overview

    Population 15K
    Population Growth (5Y) +10.4%
    Median Household Income $57,261
    College Educated 34.5%

    High-Yield Neighborhoods for Investment

    Identify Simpson submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Carbondale - 18407 $262.4K

    Listings Trend

    New vs delisted commercial listings in Lackawanna County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lackawanna County

    Retail

    Residential Income

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