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Two-Residence Multifamily Property
For Sale
$315,000

128-134 Freedom Rd, Drums, PA 18222

Two residences occupy one parcel, with updated interiors and a shared well serving both buildings.

Property SizeContact for details
Days on Market75

Property Features for 128-134 Freedom Rd

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1960
Listing Agency: eXp Realty- Scranton/Wilkes-Barre
Listed By: Jason Giomboni Team
Source: Nepahousehunt
Added: Jun 18 Changed: Aug 30 Last Checked: Aug 31 at 5:30PM

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 eXp Realty- Scranton/Wilkes-Barre

Investment Insights

Based on property information with market context.

This multifamily property includes two residences on a single parcel in a wooded setting. The home at 134 is a two-bedroom, one-bath Cape Cod with recent flooring, fixtures, paint, and furnace improvements completed within the last six months. The residence at 128 combines a two-bay garage with a two-bedroom, one-bath apartment above it. That building also has a newer bathtub, refreshed paint, and improved entry steps at the garage.

Both residences use a shared well, and a shared well agreement must be established before closing. The property was built in 1960 and is located minutes from major highways, shopping, and everyday conveniences.

Key Highlights

  • Two residences on one parcel, including a Cape Cod home and an apartment over a two‑bay garage
  • 134 features 2 bedrooms, 1 bath, and flooring, fixtures, paint, and furnace updates within the last six months
  • 128 includes a 2‑bedroom, 1‑bath apartment above a two‑bay garage

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Building Supply Auto Repair Shop (Bike/Boat/Book/etc) Store Garden Center Pharmacy Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

37
Businesses Nearby

Demographics for 18222, PA

9,114
Population
3,980
Households
2.3
Avg Household Size
48
Median Age
30%
College-Educated
96%
High-School Grad
36.8 sq mi
ZIP Area
248
Density / Sq Mi
$102,656
Median Household Income
$51,628
Median Earnings
$1,436
Median Rent
$227,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two residences occupy one parcel, with updated interiors and a shared well serving both buildings.
Where is this multifamily property located?
The property is located at 128-134 Freedom Rd Drums, PA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Two residences on one parcel, including a Cape Cod home and an apartment over a two‑bay garage; 134 features 2 bedrooms, 1 bath, and flooring, fixtures, paint, and furnace updates within the last six months; 128 includes a 2‑bedroom, 1‑bath apartment above a two‑bay garage
More about this property
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