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Tenant-Occupied Multifamily Property
For Sale
$192,000

141 Franklin Street, Plymouth, PA 18651

Multi-Family, Plymouth, PA

Property Size2,080 SF
Lot Size0.14 Acres
Price / SF$92.31
Days on Market102

Property Features for 141 Franklin Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4, Basement
Exterior features Vinyl
Basement Dirt Floor
Elementary school district Wyoming Valley West
Middle school district Wyoming Valley West
High school district Wyoming Valley West
Directions South on Rt. 11, Plymouth, past WVW H.S.& supermarket, right onto Franklin St., property is up hill on left.
Subdivision Kingston Surrounds
Standard status Active
APN 48-I8NW2 B014 L015
Size 2,080 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 2010

Utilities

Heating system Steam
Water source Public

Building Details

Roof type Shingle
Listing Agency: Keller Williams Real Estate, Kingston · Keller Williams Realty
Listed By: Michael Nastasiak · License #RS362481
Added: Jun 30 Changed: Oct 4 Last Checked: Oct 9 at 11:06AM
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.

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 (±1% cap)
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 (±1% cap)
NOI $46,126 @ 7.0% cap · market cap 24.02%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Auto Parts Store Bakery

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

123
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - 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
More about this property
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