Calling all investors. This property is a golden opportunity to the savvy Investor. This property is located in the downtown City of Olyphant , and on the main Thorofare of Lackawanna Ave. This property has 1 commercial store front with public Laundry Mat, all equipment included, and it generates consistent income. The property also has 3 apartments. Two 1 bedroom apartments fully rented below market value, and a Two bedroom, currently unrented and in need of renovations, upon completion of repairs, it will generate the most significant rent of the entire property. See the details section for income and expenses. Don't delay call Jeff Today.
Sold for $190,000
$190,000
416 W Lackawanna Ave, Olyphant, PA 18447
4beds
1,800sqft
Multi Family, Mixed Use
Built in 1930
-- sqft lot
$244,200 Zestimate®
$106/sqft
$1,286 Estimated rent
Home value
$244,200
$215,000 - $274,000
$1,286/mo
Zestimate® history
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$1,286/mo
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$1,286/mo
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$1,338/mo
Est. payment
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$1,338/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jeffrey E Davis,
Jeff Davis Real Estate LLC
Bought with:
Que V Tran, RM425260
LUXE Homes Real Estate LLC
Jillian A Kemmerer, AB069325
LUXE Homes Real Estate LLC
Source: GSBR as distributed by MLS GRID,MLS#: SC252899
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Natural Gas, Steam
Cooling
- None
Appliances
- Included: Free-Standing Electric Range, Free-Standing Refrigerator
- Laundry: Other
Features
- Flooring: Combination
- Basement: Dirt Floor,Unfinished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
- Finished area above ground: 1,800
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Exterior features: Rain Gutters
- Fencing: None
- Frontage type: Other
Lot
- Size: 2,613 Square Feet
- Dimensions: 20 x 120
- Features: City Lot
Details
- Parcel number: 11410050030
- Zoning: C-2
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family, Mixed Use
Materials
- Frame, Vinyl Siding
- Foundation: Combination, Permanent, Concrete Perimeter
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Electric: 200+ Amp Service
- Water: Public
- Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Community & HOA
Location
- Region: Olyphant
Financial & listing details
- Price per square foot: $106/sqft
- Tax assessed value: $9,000
- Annual tax amount: $1,877
- Date on market: 6/15/2025
- Cumulative days on market: 7 days
- Listing terms: Cash,Conventional
- Tenant pays: None
- Income includes: Laundry
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2025 | Sold | $190,000-9.5%$106/sqft |
Source:  GSBR as distributed by MLS GRID #SC252899 Report a problem | ||
| 6/19/2025 | Pending sale | $210,000$117/sqft |
Source: GSBR as distributed by MLS GRID #SC252899 Report a problem | ||
| 6/15/2025 | Listed for sale | $210,000+2900%$117/sqft |
Source: GSBR as distributed by MLS GRID #SC252899 Report a problem | ||
| 8/22/2024 | Sold | $7,000-94.7%$4/sqft |
Source: Public Record Report a problem | ||
| 10/1/2011 | Listing removed | $132,000$73/sqft |
Source: ERA One Source Realty #11-379 Report a problem | ||
| 6/10/2011 | Price change | $132,000-7%$73/sqft |
Source: ERA One Source Realty #11-379 Report a problem | ||
| 2/5/2011 | Listed for sale | $142,000$79/sqft |
Source: ERA One Source Realty #11-379 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,173 +13.7% | $9,000 |
| 2024 | $1,911 +4.4% | $9,000 |
| 2023 | $1,830 +2.8% | $9,000 |
| 2022 | $1,780 | $9,000 |
| 2021 | $1,780 +7% | $9,000 |
| 2020 | $1,663 +1.9% | $9,000 |
| 2018 | $1,632 +60.1% | $9,000 |
| 2017 | $1,019 | $9,000 |
| 2016 | -- | $9,000 |
| 2015 | -- | $9,000 |
| 2014 | -- | $9,000 |
| 2013 | -- | $9,000 |
| 2012 | -- | $9,000 |
| 2011 | -- | $9,000 |
| 2010 | -- | $9,000 |
| 2009 | -- | $9,000 |
| 2008 | -- | $9,000 |
| 2007 | -- | $9,000 |
| 2006 | -- | $9,000 |
| 2005 | -- | $9,000 |
| 2004 | -- | $9,000 |
| 2003 | -- | $9,000 |
| 2002 | -- | $9,000 |
| 2000 | -- | $9,000 |
Find assessor info on the county website
Neighborhood: 18447
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Nearby schools
GreatSchools rating
- 5/10Mid Valley El CenterGrades: K-6Distance: 1.5 mi
- 5/10Mid Valley Secondary CenterGrades: 7-12Distance: 1.4 mi
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- Pennsylvania
- Lackawanna County
- Olyphant
- 18447
- 416 W Lackawanna Ave
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