Updated Three-Unit Residential
For Sale
$299,900
638-640 6TH Avenue, Williamsport, PA 17701
MULTI_FAMILY - Williamsport, PA
Property Size2,564 SF
Lot Size0.20 Acres
Price / SF$116.97
Days on Market12
Property Features for 638-640 6TH Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
5
Full bathrooms
3
Rooms
Bathroom 3, Bedroom 1, Basement, Bathroom 2, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 1
Parking features
On Street, Parking Lot
Basement
Sump Pump, Full, Exterior Entry
View
City
Elementary school district
Williamsport
Middle school district
Williamsport
High school district
Williamsport
Subdivision
WILLIAMSPORT CITY
Standard status
Active
APN
66+,002.0-0104.00-000+
Size
2,564 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Annual Amount
2890
Utilities
Heating system
Natural Gas, Hot Water(Heating)
Water source
Public
Building Details
Year built
1901
Floors in Building
2
Number of units
3
Flooring type
Carpet, Linoleum, Laminate
Building materials
Brick
Roof type
Shingle
Listing Agency:
Iron Valley Real Estate North Central PA
(570) 979-1002
Listed By:
Lori M Solomon · License #RS314921
(570) 337-2632
Added: Jul 21
Changed: Jul 29
Last Checked: Aug 1 at 4:06PM
MLS# WB-104450
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.
Investment Insights
Based on property information with market context.
This fully occupied three-unit residential income property offers multiple updates throughout the building and apartments. Updates mentioned include a newer roof, two new furnaces, new windows, and apartment improvements. The property includes three units and is currently managed by one party.
The property is zoned R2 and is located at 638-640 6TH Avenue in Williamsport, Pennsylvania (Lycoming County).
With its three-unit configuration and documented building and unit updates, the property is set up for continued residential income under current occupancy.
The property is zoned R2 and is located at 638-640 6TH Avenue in Williamsport, Pennsylvania (Lycoming County).
With its three-unit configuration and documented building and unit updates, the property is set up for continued residential income under current occupancy.
Key Highlights
- 3‑unit fully occupied building
- Many updates including newer roof and new windows
- 2 new furnaces
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $32.3k | $12.60 |
| − Vacancy | −$2.4k | −$0.95 |
| EGI | $29.9k | $11.66 |
| − OpEx | −$9.0k | −$3.50 |
| NOI | $20.9k | $8.16 |
2,564 SF · lease $12.60/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$298.8K
$261.5K – $348.6K
NOI $20,918 @ 7.0% cap · market cap 6.97%
Second Best
Apartment 5plus
$277.1K
$242.5K – $323.3K
NOI $19,399 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$552.6K
$483.5K – $644.7K
NOI $38,679 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,041
Businesses Nearby
Explore this area
Business Placement
Demographics for 17701, PA
43,197
Population
20,891
Households
2.1
Avg Household Size
38
Median Age
28%
College-Educated
91%
High-School Grad
98.0 sq mi
ZIP Area
441
Density / Sq Mi
$52,770
Median Household Income
$33,643
Median Earnings
$869
Median Rent
$176,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Fully occupied three-unit income property with a newer roof, new furnaces, and updated apartments and windows.
Where is this triplex located?
The property is located at 638-640 6TH Avenue Williamsport, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 3‑unit fully occupied building; Many updates including newer roof and new windows; 2 new furnaces
