Discover a prime investment opportunity in this charming brick 8 unit apartment building, built in 1901 and exuding character and potential. This property is strategically positioned to attract a diverse range of tenants, ensuring a steady stream of rental income. The building is in good condition, allowing for immediate occupancy or the chance to enhance its appeal with minimal renovations. Investors will appreciate the low overhead costs, as the owner covers essential utilities including water, sewer, trash collection, and heat. This not only simplifies management but also enhances the property's attractiveness to potential tenants. The on-street parking adds convenience, making it easy for clients and customers to access your business or rental units. The location offers significant growth potential, with increasing demand for apartment rentals. This property is not just a building; it's a canvas for your investment vision. Seize this opportunity to invest in a property that combines historical charm with modern potential. With the right strategy, this investment can yield impressive returns, making it a smart addition to your portfolio. Don't miss out on the chance to capitalize on this unique offering-schedule a viewing today and envision the future of your investment!
For sale
Price increase: $55K (10/2)
$625,000
731 Grace St, Williamsport, PA 17701
16beds
--baths
5,184sqft
Multi Family
Built in 1901
-- sqft lot
$593,200 Zestimate®
$121/sqft
$-- HOA
What's special
Historical charmOn-street parking adds convenience
- 5 days
- 131
- 3
Zillow last checked:
Listing updated:
Listed by:
Jeffrey Zimmerman 717-405-5748,
Prime Home Real Estate, LLC 7177352204
Source: Bright MLS,MLS#: PALY2002576
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
Heating
- Baseboard, Natural Gas, Electric
Cooling
- Ceiling Fan(s), Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 5,184
- Total interior livable area: 5,184 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Pool features: None
Lot
- Size: 5,662 Square Feet
Details
- Additional structures: Above Grade
- Parcel number: 65+,003.00226.00000+
- Zoning: CA - COMMERCIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Stone
Condition
- Good
- New construction: No
- Year built: 1901
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Williamsport
- Municipality: WILLIAMSPORT CITY
Financial & listing details
- Price per square foot: $121/sqft
- Tax assessed value: $135,250
- Annual tax amount: $5,768
- Date on market: 10/2/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Total actual rent: 95400
- Income includes: Apartment Rentals
Estimated market value
$593,200
$564,000 - $623,000
$1,151/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Price change | $625,000+9.6%$121/sqft |
Source: | ||
| 4/8/2026 | Pending sale | $570,000$110/sqft |
Source: West Branch Valley AOR #WB-103572 Report a problem | ||
| 4/8/2026 | Listed for sale | $570,000+28.1%$110/sqft |
Source: West Branch Valley AOR #WB-103572 Report a problem | ||
| 4/2/2025 | Listing removed | $445,000$86/sqft |
Source: West Branch Valley AOR #WB-100795 Report a problem | ||
| 2/9/2025 | Pending sale | $445,000$86/sqft |
Source: West Branch Valley AOR #WB-100795 Report a problem | ||
| 2/1/2025 | Listed for sale | $445,000-84.9%$86/sqft |
Source: West Branch Valley AOR #WB-100795 Report a problem | ||
| 2/22/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/5/2020 | Listing removed | $850 |
Source: Owner Report a problem | ||
| 9/30/2020 | Listed for rent | $850 |
Source: Owner Report a problem | ||
| 6/21/2019 | Listing removed | $850 |
Source: Owner Report a problem | ||
| 5/17/2019 | Listed for rent | $850 |
Source: Owner Report a problem | ||
| 10/31/2014 | Sold | $2,950,000+5057.3%$569/sqft |
Source: Agent Provided Report a problem | ||
| 11/20/2001 | Sold | $57,200$11/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $2,032 +3.3% | $48,630 |
| 2025 | $1,968 | $48,630 |
| 2024 | $1,968 +1.3% | $48,630 |
| 2023 | $1,943 | $48,630 |
| 2022 | $1,943 +0.9% | $48,630 |
| 2021 | $1,926 +1.3% | $48,630 |
| 2020 | $1,902 +4.6% | $48,630 |
| 2018 | $1,818 +3% | $48,630 |
| 2017 | $1,765 +8% | $48,630 |
| 2016 | $1,633 +19.7% | $48,630 |
| 2015 | $1,364 | $48,630 |
| 2014 | -- | $48,630 |
| 2013 | -- | $48,630 +0% |
| 2012 | -- | $48,628 |
| 2011 | -- | $48,628 |
| 2010 | -- | $48,628 |
| 2009 | -- | -- |
| 2008 | -- | $48,630 |
| 2007 | -- | $48,630 |
| 2006 | -- | $48,630 |
| 2005 | -- | $48,630 +63.5% |
| 2004 | -- | $29,738 |
| 2003 | -- | $29,738 |
| 2002 | -- | $29,738 +21.1% |
| 2000 | -- | $24,548 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 17701
Nearby schools
Schools provided by the listing agent
- District: Williamsport Area
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.


