Tenant-Occupied Multifamily
141 Franklin Street, Plymouth, PA 18651
For Sale
$192,000
Multi-Family, Plymouth, PA
Property Size2,080 SF
Lot Size0.14 Acres
Price / SF$92.31
Days on Market130
Property Features for 141 Franklin Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Exterior features
Basement
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Water source
Building Details
Roof type
Listing Agency:
Keller Williams Real Estate, Kingston · Keller Williams Realty
(570) 585-5800
Listed By:
Michael Nastasiak · License #RS362481
(570) 406-0572
Added: Jun 30
Changed: Oct 28
Last Checked: Nov 6 at 4:06PM
MLS# 26-711
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.
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Investment Insights
Based on property information with market context.
This tenant-occupied multifamily property offers 2,080 square feet on a 0.1377-acre lot. The layout includes four bedrooms, two bathrooms, a basement, and residential living space suited to multifamily use. Exterior construction features vinyl siding, with steam heat, a shingle roof, and public water service. The property is offered as-is and is subject to scheduled showings with 24-hour notice.
Key Highlights
- Tenant‑occupied multifamily property
- 2,080 square feet on a 0.1377‑acre lot
- Four bedrooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,568
Cap Rate
8.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,360
$311.4K
Cap Rate 7%
$222,400
$222.4K
Cap Rate 9%
$172,978
$173.0K
Market Conditions
NOI Build-Up for 2,080 SF
Gross rent
$30.7K $14.76/SF
− Vacancy
−$2.4K −$1.15/SF
EGI
$28.3K $13.61/SF
− OpEx
−$12.7K −$6.12/SF
NOI
$15.6K $7.48/SF
Area
Luzerne County, PA
Vacancy
7.80%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,360
Cap Rate 7%
$222,400
Cap Rate 9%
$172,978
Alternative Uses
Best Use
Apartment 5plus
$222.4K
$194.6K – $259.5K
NOI $15,568 @ 7.0% cap · market cap 8.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$658.9K
$576.6K – $768.8K
NOI $46,126 @ 7.0% cap · market cap 24.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
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Business Placement
Demographics for 18651, PA
8,723
Population
4,586
Households
1.9
Avg Household Size
41
Median Age
11%
College-Educated
84%
High-School Grad
12.0 sq mi
ZIP Area
727
Density / Sq Mi
$43,639
Median Household Income
$34,673
Median Earnings
$930
Median Rent
$90,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Multifamily properties in Luzerne County, PA
Properties on Market for Multifamily properties in Luzerne County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Multifamily property - Four-bedroom, two-bath property with basement storage and tenant occupancy.
Where is this multifamily property located?
The property is located at 141 Franklin Street Plymouth, PA.
What is the asking price?
The asking price for this property is $192,000.
What are key features of this property?
This property features: Tenant‑occupied multifamily property; 2,080 square feet on a 0.1377‑acre lot; Four bedrooms and two bathrooms
