Versatile Multi-Unit Opportunity in the Heart of Olyphant!Unlock the potential of this unique multi-family property located in the desirable Mid-Valley School District. Featuring two distinct residential units on a single lot, this property is a strategic find for savvy investors, house hackers, or multi-generational families looking for the perfect balance of proximity and privacy.Unit 1 offers a spacious two-story layout, featuring a large living area, dedicated dining room, and kitchen on the main floor. Upstairs, you'll find three comfortable bedrooms and a full bathroom. Unit 2 provides a convenient ranch-style floor plan with one bedroom, a large eat-in kitchen, and two flexible living or dining areas which is ideal for a guest house, rental, or in-law suite.While the ''bones'' are here, the property is ready for your creative touch. It needs some cosmetic sprucing and updates, offering a fantastic opportunity to build immediate sweat equity. This is a value-add opportunity for buyers who understand that paint, flooring, and minor upgrades can go a long way toward increasing equity and income potential.Situated just minutes from local shopping, dining, major employment hubs, and entertainment, the location is as convenient as it is quiet. Whether you want to live in one and let the other pay your mortgage, or add a high-potential asset to your portfolio, this Olyphant gem is ready for its next chapter.
Pending
$225,000
607 S Valley Ave, Olyphant, PA 18447
4beds
1,992sqft
Multi Family
Built in 1912
-- sqft lot
$-- Zestimate®
$113/sqft
$-- HOA
What's special
Convenient ranch-style floor planDedicated dining roomSpacious two-story layoutLarge eat-in kitchenThree comfortable bedrooms
- 165 days |
- 44 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
William Clauss 570-470-4658,
Davis R. Chant - Lake Wallenpaupack 570-226-4518
Source: PWAR as distributed by MLS GRID,MLS#: PW260150
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, Natural Gas
Cooling
- Ceiling Fan(s)
Appliances
- Included: Electric Range, Washer, Refrigerator
Features
- Eat-in Kitchen, Laminate Counters
- Flooring: Carpet, Vinyl, Linoleum
- Basement: Concrete,Unfinished,Full,Crawl Space
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,992
- Total interior livable area: 1,992 sqft
- Finished area above ground: 1,992
- Finished area below ground: 0
Property
Parking
- Parking features: None
Features
- Stories: 2
- Patio & porch: Awning(s), Wrap Around, Covered, Front Porch
- Exterior features: Awning(s)
- Has view: Yes
- View description: City
- Body of water: None
Lot
- Size: 3,049 Square Feet
Details
- Parcel number: 11418020019
- Zoning: Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1912
Utilities & green energy
- Gas: # of Separate Gas Meters 2
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Olyphant
Financial & listing details
- Price per square foot: $113/sqft
- Tax assessed value: $6,000
- Annual tax amount: $1,487
- Date on market: 1/23/2026
- Cumulative days on market: 165 days
- Road surface type: Alley Paved, Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,301/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Pending sale | $225,000$113/sqft |
Source:  PWAR as distributed by MLS GRID #PW260150 Report a problem | ||
| 1/23/2026 | Listed for sale | $225,000+23%$113/sqft |
Source: PWAR as distributed by MLS GRID #PW260150 Report a problem | ||
| 6/5/2025 | Sold | $183,000$92/sqft |
Source: PWAR as distributed by MLS GRID #PW251697 Report a problem | ||
| 5/4/2025 | Pending sale | $183,000$92/sqft |
Source:  GSBR as distributed by MLS GRID #SC251981 Report a problem | ||
| 4/30/2025 | Listed for sale | $183,000+36500%$92/sqft |
Source: GSBR as distributed by MLS GRID #SC251981 Report a problem | ||
| 11/11/1992 | Sold | $500 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,448 +13.7% | $6,000 |
| 2024 | $1,274 +4.4% | $6,000 |
| 2023 | $1,220 +2.8% | $6,000 |
| 2022 | $1,187 | $6,000 |
| 2021 | $1,187 +7% | $6,000 |
| 2020 | $1,109 +1.9% | $6,000 |
| 2018 | $1,088 +60.1% | $6,000 |
| 2017 | $680 | $6,000 |
| 2016 | -- | $6,000 |
| 2015 | -- | $6,000 |
| 2014 | -- | $6,000 |
| 2013 | -- | $6,000 |
| 2012 | -- | $6,000 |
| 2011 | -- | $6,000 |
| 2010 | -- | $6,000 |
| 2009 | -- | $6,000 |
| 2008 | -- | $6,000 |
| 2007 | -- | $6,000 |
| 2006 | -- | $6,000 |
| 2005 | -- | $6,000 |
| 2004 | -- | $6,000 |
| 2003 | -- | $6,000 |
| 2002 | -- | $6,000 |
| 2000 | -- | $6,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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: 18447
Nearby schools
GreatSchools rating
- 5/10Mid Valley El CenterGrades: K-6Distance: 1.1 mi
- 5/10Mid Valley Secondary CenterGrades: 7-12Distance: 1 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Pennsylvania
- Lackawanna County
- Olyphant
- 18447
- 607 S Valley Ave
Nearby cities
Nearby zip codes
Other Olyphant Topics
