Convertible Residential
1268 Wyoming Avenue Forty Fort, PA 18704
For Sale
$299,000
MULTI_FAMILY - Forty Fort, PA
Property Size3,225 SF
Lot Size0.21 Acres
Price / SF$92.71
Days on Market28
Property Features for 1268 Wyoming Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- Commercial
- Bedrooms
- 4
- 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
- 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: Jul 26 at 8:06PM
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
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
