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Multifamily Portfolio with Month-to-Month Leases

232 S DIAMOND ST Shamokin, PA 17872

232 S DIAMOND ST, Shamokin, PA, 17872
$729,900
For Sale
Claim this Listing
$729,900

MULTI_FAMILY - SHAMOKIN, PA

Property Size14,778 SF
Lot Size3.68 Acres
Price / SF$49.39
AddedApr 15
Days on Market91
Last RefreshJul 14 at 12:06 pm

Property Features for 232 S DIAMOND ST

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Dining Room, Basement
Parking
12
Parking features
Garage - Detached, Off Street, Garage, On Street, Driveway, Offsite
Interior features
Attic, Breakfast Area, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Floor Plan - Open, Floor Plan - Traditional, Pantry, Primary Bath(s), Walk-in Closet(s), Wood Floors
Fireplace
1
Appliances
Oven/Range - Electric, Refrigerator
Standard status
Active
Size
14,778 SF
Lot size
3.68 Acres

Taxes and HOA fees

Tax Annual Amount
8167

Utilities

Heating system
Zoned, Baseboard, Electric (Heating), Wood
Cooling system
Zoned, Ceiling Fan(s), Window Unit(s), Wall Unit(s)
Water front features
Waterfront
Water front
1

Building Details

Year built
1917
Number of units
4
Building materials
Masonry, Vinyl Siding

Listing agent Eugene Prentice License #RS357211

Listing office EXP Realty, LLC 630 Freedom Business Ctr Drive unit: 300, Philadelphia, PA

Listing date Apr 15, 2026

MLS# PANU2003188 Listing URL

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This is a 12-property multifamily portfolio currently seeking new ownership. The properties are located in Shamokin, Lansford, Lewistown, and Sunbury, with some vacancies. Eight properties are currently occupied, and the majority of occupied units are on month-to-month leases. Tenant-paid utilities are part of the current setup, while the current owner assumes responsibility for sewer and tax payments.

Financially, annual rents total $65,520, with potential annual rents noted at $149,160. Annual expenses are listed at $16,776, resulting in reported cash flow of $48,744, with the portfolio currently offering a 6.6% cap rate. Two longer-term leases are noted to conclude in December 2026, and four vacant properties are available to be rented following renovation.

The portfolio includes units at 815 E Webster St, 918 Race St, 6 & 28 S Franklin St, 513 W Mulberry St, 135 E Arch St, 123 N Grant St, 444 Kreamer Ave, 212 E Snyder Ave, 35 Hibridge Cir, 4685 Upper Rd, and 34 N Rock St, plus 5 garage bays at 34 N Rock St.

Key Highlights

  • 12‑property rental portfolio across Shamokin, Lansford, Lewistown, and Sunbury, with some vacancies.
  • Annual rents total $65,520 (potential annual rents $149,160) with current cash flow of $48,744.
  • Current 6.6% cap rate; owner covers sewer and tax payments with annual expenses of $16,776.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Electrical Service HVAC Service Parking Lot & Garage Dental Office Big Box & Wholesale Store Bakery Building Supply Garden Center

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

FAQs

What type of property is this?
Apartment building - Twelve-property portfolio across Shamokin, Lansford, Lewistown, and Sunbury with eight occupied units and month-to-month leases.
Where is this apartment building located?
The property is located at 232 S DIAMOND ST Shamokin, PA.
What is the asking price?
The asking price for this property is $729,900.
What are key features of this property?
This property features: 12‑property rental portfolio across Shamokin, Lansford, Lewistown, and Sunbury, with some vacancies.; Annual rents total $65,520 (potential annual rents $149,160) with current cash flow of $48,744.; Current 6.6% cap rate; owner covers sewer and tax payments with annual expenses of $16,776.
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