1237 Memorial Avenue, Williamsport, PA 17701
Residential income property in the Williamsport Area School District, available for sale in Williamsport, PA.
- Added:
- May 21, 2026
- Days on Market:
- 22
- Last Refresh:
- Jun 6 at 1:51 am
Property Features for 1237 Memorial Avenue
General Information
- Standard status
- Active
- Size
- 1,765 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1901
Listing agent DAWN L DYER License #RS343310 (570) 916-8266
Listing office Iron Valley Real Estate North Central PA (570) 916-8266
Listing date May 21, 2026
Source Compass
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Iron Valley Real Estate North Central PA
HighLights
- Residential income property available for sale in Williamsport, PA
- Williamsport Area School District (School District County ID: 300200396686)
- Year built: 1901
- No pool
Overview
The property is located at 1237 Memorial Avenue in Williamsport, PA 17701, within the Williamsport City MLS area (15961). The listing also references the Williamsport Area School District, provided through the listing agent, and the County is identified as Lycoming.
Because the details provided do not include lease terms, tenant status, or any specific building systems or improvements, prospective buyers should plan to review income and expense information, unit configuration, and condition through the seller’s documentation and any inspection items available. For investors and owner-occupants evaluating residential income opportunities in the Williamsport Area School District, this asset may be suitable for underwriting a multifamily strategy after confirming the property’s actual current performance and physical condition.
Local Financial Insights For Apartment 5plus
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 | $26.1k | $14.76 |
| − Vacancy | −$1.8k | −$1.00 |
| EGI | $24.3k | $13.76 |
| − OpEx | −$10.9k | −$6.19 |
| NOI | $13.4k | $7.57 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Williamsport
- County
- Lycoming
- State
- Pennsylvania
- Longitude
- -77.0316922
- Latitude
- 41.2408961
