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34-Unit Apartment Portfolio
For Sale
$6,000,000

522 Spring Street, Hawley, PA 18428

Commercial Sale, Hawley, PA

Property SizeContact for details
Lot Size2.96 Acres
Days on Market175

Property Features for 522 Spring Street

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features Driveway, Paved or Surfaced, Off Street, Parking Lot
Basement Unfinished
Elementary school district Wallenpaupack School District
Middle school district Wallenpaupack School District
High school district Wallenpaupack School District
Directions From Interstate 84, take Exit 30 and head north on PA-402. After 4.5 miles, turn left onto US-6. After 5.1 Miles you've reached the destination at Eagle Village Apartments. The property known as ''The Heights'' is back towards Lake Wallenpaupack just a quarter mile up the road on the left.
Standard status Active
APN 10-0-0004-0178
Lot size 2.96 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 38448

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Natural Gas
Cooling system Ceiling Fan(s), Central Air
Water source Public

Building Details

Year built 1940
Floors in Building 3
Number of units 34
Listing Agency: Davis R. Chant - Lake Wallenpaupack
Listed By: William Clauss · License #AB068616
Added: Mar 18 Changed: Sep 2 Last Checked: Sep 8 at 11:06AM
MLS# PW-260561

Copyright © 2026 Pike/Wayne Association of Realtors 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 34-unit apartment portfolio consists of two residential components: Eagle Village Apartments at 516, 520, and 522 Spring St, and additional apartment buildings at 141–147 Bellemonte Avenue and 155 School Avenue. The properties occupy 2.96 acres and include basement space, paved and off-street parking, public water, and public sewer. Heating is provided by electric and natural gas systems, while cooling includes central air and ceiling fans.

The portfolio is 91.2% occupied, with 31 of 34 units leased. Three vacant two-bedroom apartments provide defined lease-up capacity within the existing unit mix. The buildings date to 1940 and are located in Hawley, Pennsylvania, in Wayne County. The offering combines multiple residential buildings, established occupancy, and documented utility and parking infrastructure across the two components.

Key Highlights

  • 34‑unit multifamily portfolio across two residential components
  • 91.2% occupied, with 31 of 34 units leased
  • Three vacant two‑bedroom units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

34
Residential units
91.2%
Occupancy

Location Intelligence

Trade Area within ½ mile

361
Businesses Nearby

Demographics for 18428, PA

12,314
Population
9,606
Households
1.3
Avg Household Size
52
Median Age
30%
College-Educated
95%
High-School Grad
151.1 sq mi
ZIP Area
81
Density / Sq Mi
$75,463
Median Household Income
$37,573
Median Earnings
$1,195
Median Rent
$263,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily portfolio comprising two residential components with public water and sewer, paved parking, and a mix of heating and cooling systems.
Where is this apartment building located?
The property is located at 522 Spring Street Hawley, PA.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: 34‑unit multifamily portfolio across two residential components; 91.2% occupied, with 31 of 34 units leased; Three vacant two‑bedroom units
More about this property
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