1237 MEMORIAL Avenue Williamsport, PA 17701
MULTI_FAMILY - Williamsport, PA
- Added:
- May 27, 2026
- Days on Market:
- 49
- Last Refresh:
- Jul 14 at 10:06 am
Property Features for 1237 MEMORIAL Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Rooms
- Basement
- Parking features
- Alley
- Basement
- Full
- Standard status
- Active
- APN
- 66+,009.0-0205.00-000+
- Size
- 1,765 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2747
Utilities
- Heating system
- Natural Gas, Hot Water(Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1901
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Linoleum
- Building materials
- Frame, Vinyl Siding
- Roof type
- Shingle
Listing agent Dawn Dyer License #RS343310 (570) 916-8266
Listing office Iron Valley Real Estate North Central PA 1020 Commerce Park Drive Suite 1-A, Williamsport, PA (570) 979-1002
Listing date May 27, 2026
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.
Key Highlights
- Duplex built in 1901 with two rental units: 3‑bedroom first‑floor unit and spacious 2‑bedroom second‑floor bi‑level unit across two stories
- Leases are in place through May 2027, supporting current tenant occupancy
- New furnace recently installed; heating includes natural gas and hot water (heating)
Local 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 | $22.2k | $12.60 |
| − Vacancy | −$1.7k | −$0.95 |
| EGI | $20.6k | $11.66 |
| − OpEx | −$6.2k | −$3.50 |
| NOI | $14.4k | $8.16 |
