Convertible Residential
For Sale
$299,000
1268 Wyoming Avenue, Forty Fort, PA 18704
MULTI_FAMILY - Forty Fort, PA
Property Size3,225 SF
Lot Size0.21 Acres
Price / SF$92.71
Days on Market38
Property Features for 1268 Wyoming Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Commercial
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Basement, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1
Parking features
Off Street
Exterior features
Aluminum
Basement
Full
Elementary school district
Wyoming Valley West
Middle school district
Wyoming Valley West
High school district
Wyoming Valley West
Directions
Wyoming Ave, Forty Fort across from Boro Building. To access rear parking turn on Bedford St, then right onto Mack. Garage on right, at the bend in the road.
Subdivision
Kingston-Forty Fort-Swoyersville
Standard status
Active
APN
21-F10SW4-009-011-000
Size
3,225 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3383
Utilities
Heating system
Baseboard, Hot Water(Heating), Electric (Heating)
Water source
Public
Building Details
Roof type
Shingle
Listing Agency:
Antonik & Associates, Inc. Nanticoke
(570) 735-7494
Listed By:
Terry Lin Solomon-August · License #RS221172L
(570) 947-9904
Added: Jun 29
Changed: Jul 22
Last Checked: Aug 5 at 9:06AM
MLS# 26-1304
Copyright © 2026 Luzerne County Association 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 property is currently set up as a single-family home but is described as easily convertible to a duplex. The configuration includes two entrances into each unit, and two kitchens and a bath for each unit are already in place. A finished basement provides additional living space.
The property is zoned commercial, which may support a wider range of uses compared with residential-only zoning. It is located at 1268 Wyoming Avenue in Forty Fort, PA 18704, within Luzerne County.
With its existing multi-unit-ready layout features and finished basement, the property’s core improvements are already aligned with a duplex conversion approach.
The property is zoned commercial, which may support a wider range of uses compared with residential-only zoning. It is located at 1268 Wyoming Avenue in Forty Fort, PA 18704, within Luzerne County.
With its existing multi-unit-ready layout features and finished basement, the property’s core improvements are already aligned with a duplex conversion approach.
Key Highlights
- Set up as a single‑family home but could be easily converted into a duplex with two entrances into each unit
- Commercial zoning with two kitchens and two bathrooms already in place for each unit
- Finished basement provides additional living space
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 | $40.6k | $12.60 |
| − Vacancy | −$3.5k | −$1.07 |
| EGI | $37.2k | $11.53 |
| − OpEx | −$11.2k | −$3.46 |
| NOI | $26.0k | $8.07 |
3,225 SF · lease $12.60/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$371.8K
$325.3K – $433.8K
NOI $26,027 @ 7.0% cap · market cap 8.70%
Second Best
Apartment 5plus
$344.8K
$301.7K – $402.3K
NOI $24,138 @ 7.0% cap · market cap 8.07%
Theoretical Best
Office A
$1.02M
$894.0K – $1.19M
NOI $71,518 @ 7.0% cap · market cap 23.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
386
Businesses Nearby
Explore this area
Business Placement
Demographics for 18704, PA
31,138
Population
14,531
Households
2.1
Avg Household Size
43
Median Age
29%
College-Educated
95%
High-School Grad
10.1 sq mi
ZIP Area
3,083
Density / Sq Mi
$62,907
Median Household Income
$39,349
Median Earnings
$935
Median Rent
$154,600
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?
Duplex - Single-family setup with two separate entrances per unit, already plumbed for dual kitchens and baths.
Where is this duplex located?
The property is located at 1268 Wyoming Avenue Forty Fort, PA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Set up as a single‑family home but could be easily converted into a duplex with two entrances into each unit; Commercial zoning with two kitchens and two bathrooms already in place for each unit; Finished basement provides additional living space
