Movoto Real Estate
Sold on 08/18/2025

116 Cherry St, Dunmore, PA 18512

$401,000

Last sold 08/18/2025 for $530K

  • 8

    bed

  • 5

    bath

  • 4,140

    Sqft ($128/Sqft)

Multi-family not for sale

About 116 Cherry St

Property type Multi-family
Year built 1929
HOA fee $0/month
Lot size 5,227 Sqft
Movoto estimate
Property description
Prime Investor Opportunity: Cash-Flowing Multi-Family Portfolio in Dunmore, PA Turnkey package deal in a prime location! Two adjacent properties--a triplex and a duplex--sold together, offering strong cash flow potential. Located in the heart of Dunmore, within walking distance to supermarkets, gas stations, post office, pharmacies, and more.Triplex Highlights (Front Property):Three spacious units, each featuring: 2 bedrooms + bonus room (ideal for office or 3rd bedroom) Kitchen, dining room, and living room Recently updated (4/5 units updated) Separate utilities for each unitDuplex Highlights (Rear Property):Two cozy 1-bedroom apartments Separate utilities and deedAdditional Income Streams: Two-car garage rented separately ($175/space, $350 total) (4) off-street parking spaces
Listed by
Listing Agent - Christopher Carr
Listing Agent Contact: (855) 885-4663
Listing Office - HomeZu
Source: Greater Scranton Board of REALTORS® mls logo
MLS#SC253260 • last updated 1 year ago
Movoto checked Greater Scranton Board of REALTORS® for data 58 minutes ago
Overview
Cooling/AC Ceiling Fan(s)
Heating Baseboard, Natural Gas
Levels/Style Three Or More, Duplex, Multi Family, 3
MLS # SC253260
SqFt 4140
Status Closed
Subtype Multi Family
Lot Size (Acres) 0.12
Property Tax 4198.59
Year Built 1929
Interior
Total # of Bathrooms 5
# of Full Baths 5
Total # of Bedrooms 8
Appliances Refrigerator
Exterior
Roof Composition
Construction Stucco, Vinyl Siding
Foundation See Remarks
Amenities / Utilities
Water Source Public
Location
High School District Dunmore
APN 14615020040
Directions I-81 S Or N: Exit 188, Left (S) Or Right (N) On S Blakely St, Right On E Drinker St, Right On Cherry
Zoning Multi-Family
Multifamily Details
Total # of Units 5
Net Operating Income 52169
Gross Income 60900
Expense: Electricity 150
Lot/ Land Details
Current Use Residential
$401K
Range: $332K-$469K
Last 30 days 
  • Aug 2025
    mls logo MLS # SC253260
  • Aug 25, 2025 Sold
    $530,250 (-11.5%)
  • Jul 30, 2025 Pending
    —
  • Jul 3, 2025 Listed
    $599,000
  • Year Property taxes Tax assessment
  • 2026
    $50,525 +958.1%
    $294,640 +1741.5%
  • 2025
    $4,775 +17.0%
    $16,000
  • 2024
    $4,082
    $16,000
  • 2023
    $4,082 +6.6%
    $16,000
  • 2022
    $3,830 +2.1%
    $16,000
  • 2021
    $3,753 +37.5%
    $16,000
  • 2020
    $2,730
    $16,000
  • 116 Cherry St
    $530K
  • —
  • 18512
    $217K -12% y/y
  • Dunmore
    $209K -22% y/y
No chart available
Statistics calculated by Movoto

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5/10
Source: GreatSchools.org © 2026. All rights reserved.

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