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Five-Bedroom Multifamily Property
For Sale
$221,900

151 Robert Street, Nanticoke, PA 18634

Multi-Family, Nanticoke, PA

Property Size2,300 SF
Lot Size0.06 Acres
Price / SF$96.48
Days on Market103

Property Features for 151 Robert Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 5, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bathroom 1
Exterior features Asbestos, Stucco
Basement Concrete
Elementary school district Nanticoke
Middle school district Nanticoke
High school district Nanticoke
Directions : Main St Nanticoke to Robert St. Home on left.
Subdivision Ashley-Nanticoke-Hanover Twp
Standard status Active
APN 46-K7NW2-006-016-000
Size 2,300 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 2200

Utilities

Heating system Hot Water(Heating), Baseboard
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 29 Changed: Oct 4 Last Checked: Oct 9 at 10:06AM
MLS# 26-731

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 contains 2,300 square feet on a 0.06-acre parcel in Nanticoke, Pennsylvania. The interior includes five bedrooms, two bathrooms, and a basement. Exterior materials include stucco and asbestos, with a shingle roof. Heating is provided by a hot water and baseboard system, and the property is served by public water.

The property is zoned Multi-Family and is being offered in its current as-is condition. Showings are limited to Saturday and Sunday from 12 p.m. to 2 p.m., with 24-hour advance notice required for scheduling.

Key Highlights

  • 2,300‑square‑foot multifamily property on a 0.06‑acre lot
  • Five bedrooms, two bathrooms, and a basement
  • Multi‑Family zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,215
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,300 $344.3K
Cap Rate 7%
$245,929 $245.9K
Cap Rate 9%
$191,278 $191.3K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$33.9K $14.76/SF
− Vacancy
−$2.6K −$1.15/SF
EGI
$31.3K $13.61/SF
− OpEx
−$14.1K −$6.12/SF
NOI
$17.2K $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%
$344,300
Cap Rate 7%
$245,929
Cap Rate 9%
$191,278

Alternative Uses

Best Use
Apartment 5plus
$245.9K
$215.2K – $286.9K (±1% cap)
NOI $17,215 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$728.6K
$637.6K – $850.1K (±1% cap)
NOI $51,005 @ 7.0% cap · market cap 22.99%
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 Law Firm Dental Office Restaurant Spa & Massage Center Hair Salon

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

138
Businesses Nearby

Demographics for 18634, PA

13,702
Population
6,497
Households
2.1
Avg Household Size
44
Median Age
19%
College-Educated
89%
High-School Grad
14.3 sq mi
ZIP Area
958
Density / Sq Mi
$60,482
Median Household Income
$38,280
Median Earnings
$798
Median Rent
$108,600
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 - Tenant-occupied property with a basement, public water service, and Multi-Family zoning in Nanticoke.
Where is this multifamily property located?
The property is located at 151 Robert Street Nanticoke, PA.
What is the asking price?
The asking price for this property is $221,900.
What are key features of this property?
This property features: 2,300‑square‑foot multifamily property on a 0.06‑acre lot; Five bedrooms, two bathrooms, and a basement; Multi‑Family zoning
More about this property
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