Updated Duplex with Two
New
For Sale
$265,000
131 Lynch Street, Olyphant, PA 18447
MULTI_FAMILY - Other - Olyphant, PA
Property Size2,029 SF
Lot Size0.08 Acres
Price / SF$130.61
Days on Market2
Property Features for 131 Lynch Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Zoning description
Multi-Family
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3
Elementary school district
Mid Valley
Middle school district
Mid Valley
High school district
Mid Valley
Directions
From W. Lackawanna Ave in Olyphant, turn left on to Delaware and left on to Cleveland St then right on to Susquehanna and left on to Lynch. The home will be on the left side.
Standard status
Active
APN
11407040046
Size
2,029 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
30X110 Dolph Land Co L 20 B 3 W-03 B-013 L-009
Tax Annual Amount
2086
Legal Description
30X110 Dolph Land Co L 20 B 3 W-03 B-013 L-009
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
washer/dryer hookups
central air conditioning
forced hot air heat
spacious yard
off-street parking
Building Details
Year built
1958
Floors in Building
2
Number of units
2
Roof type
Wood, Composition
Architectural style
Other
Listing Agency:
EXP Realty LLC
(888) 397-7352
Listed By:
Massiell Rivas-Lopez
(484) 506-6569
Added: Aug 3
Changed: Aug 4
Last Checked: Aug 4 at 6:06PM
MLS# SC263809
Copyright © 2026 Greater Scranton Board of Realtors MLS. 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.
Located at 131 Lynch Street in Olyphant, this 2,029-square-foot duplex contains two residences, each arranged with two bedrooms and one bathroom. Interior improvements include updated kitchens and bathrooms, generous living areas, washer/dryer hookups, central air conditioning, and forced-air heat. Both units are currently occupied. The property was built in 1958 and sits on a level 0.08-acre lot with a yard and off-street parking. R2 zoning supports the property’s duplex configuration. Its Olyphant location places the building near schools, shopping, restaurants, and major highways, providing convenient access to everyday services and regional routes.
Key Highlights
- Two occupied units, each with 2 bedrooms and 1 bathroom
- 2,029 SF duplex on a 0.08‑acre lot
- Updated kitchens and bathrooms in both residences
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 | $25.6k | $12.60 |
| − Vacancy | −$1.7k | −$0.82 |
| EGI | $23.9k | $11.78 |
| − OpEx | −$7.2k | −$3.53 |
| NOI | $16.7k | $8.25 |
2,029 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$239.0K
$209.2K – $278.9K
NOI $16,733 @ 7.0% cap · market cap 6.31%
Second Best
Apartment 5plus
$223.5K
$195.5K – $260.7K
NOI $15,642 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$515.0K
$450.6K – $600.8K
NOI $36,050 @ 7.0% cap · market cap 13.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
Explore this area
Business Placement
Demographics for 18447, PA
10,362
Population
4,799
Households
2.2
Avg Household Size
45
Median Age
28%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
521
Density / Sq Mi
$64,276
Median Household Income
$42,470
Median Earnings
$971
Median Rent
$194,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two occupied residences feature refreshed kitchens and baths, central air, forced-air heat, and washer/dryer hookups.
Where is this duplex located?
The property is located at 131 Lynch Street Olyphant, PA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Two occupied units, each with 2 bedrooms and 1 bathroom; 2,029 SF duplex on a 0.08‑acre lot; Updated kitchens and bathrooms in both residences
