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Pending
  • $399,000

    400 Oak St #408, Old Forge, PA 18518

    8beds
    8,200sqft
    : 
    $2,668/mo
    Get pre-qualified
    Multi Family, Mixed Use
    Built in 1965
    -- sqft lot
    $391,100 Zestimate®
    $49/sqft
    $-- HOA

    What's special

    Corner lot visibility
    Premier Mixed-Use Investment Opportunity in the Heart of Old Forge!Attention investors, this is the opportunity you've been waiting for! Situated on a highly visible corner lot in one of Old Forge's most desirable locations, this massive 5-unit mixed-use property offers the perfect combination of cash flow, stability, and upside potential.The property features 3 spacious residential units and 2 commercial hair salon spaces, creating multiple streams of income in a prime, walkable location. Just steps from Old Forge's renowned restaurants, local businesses, and Old Forge High School, this asset benefits from strong tenant demand and exceptional community appeal.Meticulously maintained by the current owners, the building boasts completely separate utilities, simplifying management and maximizing profitability. As an added bonus, the current owners are willing to lease back the garage from the new owner, providing an immediate income opportunity and added flexibility.Whether you're a first-time investor looking for a strong entry into commercial real estate or an experienced investor seeking a valuable addition to your portfolio, this property delivers. With solid existing income, room for future rent growth, and multiple value-add opportunities, the upside here is undeniable. Strong cash flow. Prime location. Separate utilities. Corner lot visibility. Endless potential. Opportunities like this rarely hit the market in Old Forge. Don't miss your chance to secure a standout investment property at an attractive price.Please note: No private showings will be held prior to the Open House on Saturday, June 13th from 12:00 PM - 2:00 PM.For additional information or questions, please call today!
    43 days
    |
    168
    |
    6
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    Zillow last checked:

    Listing updated:

    Listed by:

    Noah John Donahue,

    Nisk Real Estate 844-855-6475

    Source: GSBR as distributed by MLS GRID,MLS#: SC262738MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 5
      • Full bathrooms: 3
      • 1/2 bathrooms: 2
      Heating
      • Baseboard, Varies by Unit, Steam, See Remarks, Hot Water, Forced Air
      Cooling
      • Ceiling Fan(s), Wall/Window Unit(s), Central Air
      Appliances
      • Laundry: In Unit
      Features
      • Ceiling Fan(s), Natural Woodwork, Recessed Lighting, Eat-in Kitchen, Double Vanity, Crown Molding
      • Flooring: Carpet, Hardwood, Luxury Vinyl, Laminate, Combination
      • Basement: Exterior Entry,Walk-Out Access,Unfinished,Full,Interior Entry
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 8,200
      • Total interior livable area: 8,200 sqft
      • Finished area above ground: 8,200
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: On Street
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Multi/Split,Two
      • Stories: 2
      • Patio & porch: Front Porch, Rear Porch, Patio
      • Exterior features: Courtyard, Private Yard, Rain Gutters
      • Fencing: Back Yard,Vinyl
      Lot
      • Size: 0.25 Acres
      • Dimensions: 110 x 98
      • Features: Back Yard, Front Yard, Corner Lot, City Lot
      Details
      • Parcel number: 17512010047
      • Zoning: C1
      • Zoning description: Commercial

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Multiple Buildings
      • Property subtype: Multi Family, Mixed Use
      Materials
      • Block, Stucco
      • Foundation: Block, Stone, Combination
      • Roof: Flat,Shingle,See Remarks,Rubber
      Condition
      • Fixer,Updated/Remodeled
      • New construction: No
      • Year built: 1965

      Utilities & green energy

      • Electric: 200+ Amp Service, Circuit Breakers
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Sidewalks, Street Lights
      Location
      • Region: Old Forge

      Financial & listing details

      • Price per square foot: $49/sqft
      • Tax assessed value: $15,000
      • Annual tax amount: $4,138
      • Date on market: 6/10/2026
      • Cumulative days on market: 40 days
      • Tenant pays: All Utilities
      • Road surface type: Paved

        Estimated market value

        $391,100

        $372,000 - $411,000

        $1,685/mo

        Price history

        DateEventPrice
        6/29/2026Pending sale$399,000$49/sqft
        Source: GSBR as distributed by MLS GRID #SC262738 Report a problem
        6/10/2026Listed for sale$399,000$49/sqft
        Source: GSBR as distributed by MLS GRID #SC262738 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 18518

        Getting around

        74 / 100
        Very Walkable
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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