Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1602 W 4Th St Williamsport, PA 17701

    Sponsored
    Picture of Apartment buildings at W 4Th St 1602, Williamsport, PA
    For Sale
    $315,000

    MULTI_FAMILY - Williamsport, PA

    Property size:
    2,724 SF
    Lot size:
    0.25 Acres
    Days on Market:
    59
    Last Refresh:
    Jan 27 at 1:06 pm

    Property Features for 1602 W 4Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CA
    Rooms
    Basement, Bedroom 7, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 4, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 6
    Bedrooms
    7
    APN
    70-012-227
    Basement
    Crawl Space, Full, Exterior Entry
    Size
    2,724 SF
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Natural Gas, Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1901
    Floors in Building
    2
    Number of units
    5
    Flooring type
    Wood
    Building materials
    Frame, Wood Siding
    Roof type
    Shingle

    We can help!

    Listing Contact
    Christopher A Pardee

    Premier Real Estate Agency (570) 220-3100

    Listing agent Christopher A Pardee (570) 601-0774 License #RS211722L

    Listing date Nov 30, 2025

    MLS# WB-102601 Listing URL

    Copyright © 2026 West Branch Valley Board of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Five-Unit Apartment Building Investment

    This five-unit apartment building presents an investment opportunity. The property is in good condition and ready to generate income. It features solid construction and a location near amenities and transit. The property is situated on a lot of 0.25 acres. The building has a total area of 2724 square feet. The property is located in Williamsport, Lycoming County, Pennsylvania, with a postal code of 17701. It is suitable for investors seeking a turnkey property with rental demand.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Williamsport
    County
    Lycoming
    State
    Pennsylvania
    Longitude
    -77.040229
    Latitude
    41.240411

    Nearby Similar for Sale

    • $465,000
      Pending

      Turn-Key Multi Use Building

      Profitable bar/restaurant, rentals, and potential for more income.
      326 Court St, Williamsport, PA 17701
      View Details
    • $444,000
      Pending

      Mixed-Use Building in Downtown Williamsport

      9-unit mixed-use building with commercial storefront and income potential.
      Williamsport, PA 17701
      View Details
    • $135,000
      Pending

      Versatile Commercial/Residential Opportunity in Williamsport

      High-visibility location, flexible zoning, ideal for professionals or live/work.
      1140 Washington Blvd, Williamsport, PA 17701
      View Details
    • New
      $92,500
      1,708 SF

      Williamsport Duplex with Fenced Yard

      Duplex with newer utilities, month-to-month tenants, and fenced yard.
      716 Grace St, Williamsport, PA 17701
      View Details
    • New
      $899,000
      Pending

      Income-Generating Commercial Property

      Commercial property with multiple income streams and redevelopment potential.
      1920 Green Ave, Williamsport, PA 17701
      View Details
    • $139,900
      2,951 SF

      Williamsport Multifamily Income Property

      Income-generating duplex with spacious rooms and fenced yards in Williamsport.
      642-644 Cherry St, Williamsport, PA 17701
      View Details
    • Contact for pricing
      30,000 SF

      30,000 SF Warehouse/Distribution Facility

      Warehouse/Distribution facility in Central Pennsylvania, near major routes.
      801 Foresman St, Williamsport, PA 17701
      View Details
    • $130,000
      2,208 SF

      Income-Producing Duplex in Williamsport, PA

      Duplex with rental potential near downtown, schools, and highways.
      Williamsport, PA 17701
      View Details
    • $1,175,000
      21,633 SF

      Williamsport Commercial Buildings For Sale

      Two commercial buildings totaling 21,633 SF in central business district.
      416 W 3Rd St, Williamsport, PA 17701
      View Details
    • $140,000
      Pending

      Income-Producing Duplex in Williamsport, PA

      Fully occupied duplex generating consistent cash flow with 11.5% cap rate.
      2006-2008 Federal Ave, Williamsport, PA 17701
      View Details
    • $1,400,000
      8,921 SF

      Restaurant, Bar and Retail Buildings

      Restaurant, bar, and retail buildings with ample parking for sale.
      503 Washington Blvd, Williamsport, PA 17701
      View Details
    • $385,000
      3,796 SF

      Commercial Space in High Traffic Location

      Commercial space suitable for a restaurant or business with income potential.
      32 W Southern Ave, Williamsport, PA 17702
      View Details

    FAQs

    What type of property is this?
    Apartment building - Five-unit apartment building in good condition, ready to generate income.
    Where is this apartment building located?
    The property is located at 1602 W 4Th St Williamsport, PA.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: - Turnkey five-unit apartment building ready to generate income.; - Desirable location near amenities and transit.; - Solid construction ensuring long-term value.
    (570) 220-3100
    Request Owner's contact information
    1602 W 4Th St Williamsport, PA 17701
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1602 W 4Th St
    Williamsport, PA 17701
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1602 W 4Th St Williamsport, PA 17701
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Christopher A Pardee
    Real Estate License ID: RS211722L
    (570) 220-3100
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.