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For sale
  • Price increase: $55K (10/2)
    $625,000

    731 Grace St, Williamsport, PA 17701

    16beds
    --baths
    5,184sqft
    : 
    $4,405/mo
    Get pre-qualified
    Multi Family
    Built in 1901
    -- sqft lot
    $593,200 Zestimate®
    $121/sqft
    $-- HOA

    What's special

    Historical charmOn-street parking adds convenience
    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!
    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#: PALY2002576MLS Logo

      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

        DateEventPrice
        10/2/2026Price change$625,000+9.6%$121/sqft
        Source: Bright MLS #PALY2002576 Report a problem
        4/8/2026Pending sale$570,000$110/sqft
        Source: West Branch Valley AOR #WB-103572 Report a problem
        4/8/2026Listed for sale$570,000+28.1%$110/sqft
        Source: West Branch Valley AOR #WB-103572 Report a problem
        4/2/2025Listing removed$445,000$86/sqft
        Source: West Branch Valley AOR #WB-100795 Report a problem
        2/9/2025Pending sale$445,000$86/sqft
        Source: West Branch Valley AOR #WB-100795 Report a problem
        2/1/2025Listed for sale$445,000-84.9%$86/sqft
        Source: West Branch Valley AOR #WB-100795 Report a problem
        2/22/2021Listing removed--
        Source: Owner Report a problem
        10/5/2020Listing removed$850
        Source: Owner Report a problem
        9/30/2020Listed for rent$850
        Source: Owner Report a problem
        6/21/2019Listing removed$850
        Source: Owner Report a problem
        5/17/2019Listed for rent$850
        Source: Owner Report a problem
        10/31/2014Sold$2,950,000+5057.3%$569/sqft
        Source: Agent Provided Report a problem
        11/20/2001Sold$57,200$11/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax 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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 17701

        Getting around

        73 / 100
        Very Walkable
        80 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        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.

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