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Five-Unit Apartment Building
New
For Sale
$394,900

162-164 Oliver Street, Swoyersville, PA 18704

Multi-Family, Swoyersville, PA

Property Size4,350 SF
Lot Size0.21 Acres
Price / SF$90.78
Days on Market2

Property Features for 162-164 Oliver Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 11
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 8, Bedroom 5, Bathroom 2, Bedroom 4, Bedroom 6, Bathroom 5, Bedroom 9, Bedroom 3, Bedroom 10, Basement, Bathroom 3, Bedroom 11, Bathroom 1, Bedroom 1, Bathroom 6, Bedroom 7, Bedroom 2, Bathroom 4
Exterior features Aluminum, Vinyl
Basement Concrete, Full
Elementary school district Wyoming Valley West
Middle school district Wyoming Valley West
High school district Wyoming Valley West
Directions Bennett Street to right on Jackson Street to Oliver Street. Property on the corner of Oliver and Jackson Streets.
Subdivision Kingston-Forty Fort-Swoyersville
Standard status Active
APN F9SE4003020-59
Size 4,350 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Annual Amount 4142

Utilities

Heating system Baseboard, Hot Water(Heating), Electric (Heating)
Water source Public

Building Details

Roof type Shingle
Listing Agency: Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn
Listed By: Dawn R Wiringer · License #RS332734
Added: Oct 30 Last Checked: Oct 31 at 2:06AM
MLS# 26-4994

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This five-unit apartment property contains 4,350 square feet across a 0.2066-acre parcel. Two units are vacant. The main shingle roof was replaced in September 2026, and the property is zoned Multi-Family.

Key Highlights

  • Five‑unit apartment property
  • 4,350 square feet on a 0.2066‑acre parcel
  • Two units are vacant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,559
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$651,180 $651.2K
Cap Rate 7%
$465,129 $465.1K
Cap Rate 9%
$361,767 $361.8K
Market Conditions
NOI Build-Up for 4,350 SF
Gross rent
$64.2K $14.76/SF
− Vacancy
−$5.0K −$1.15/SF
EGI
$59.2K $13.61/SF
− OpEx
−$26.6K −$6.12/SF
NOI
$32.6K $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%
$651,180
Cap Rate 7%
$465,129
Cap Rate 9%
$361,767

Alternative Uses

Best Use
Apartment 5plus
$465.1K
$407.0K – $542.7K (±1% cap)
NOI $32,559 @ 7.0% cap · market cap 8.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M (±1% cap)
NOI $96,466 @ 7.0% cap · market cap 24.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby

Demographics for 18704, PA

31,138
Population
14,531
Households
2.1
Avg Household Size
43
Median Age
29%
College-Educated
95%
High-School Grad
10.1 sq mi
ZIP Area
3,083
Density / Sq Mi
$62,907
Median Household Income
$39,349
Median Earnings
$935
Median Rent
$154,600
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

Frequently Asked Questions

What type of property is this?
Apartment building - Two apartments are vacant, allowing the next owner to select tenants for those units.
Where is this apartment building located?
The property is located at 162-164 Oliver Street Swoyersville, PA.
What is the asking price?
The asking price for this property is $394,900.
What are key features of this property?
This property features: Five‑unit apartment property; 4,350 square feet on a 0.2066‑acre parcel; Two units are vacant
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Includes: Price & PSF · Cap rate · Location · Zoning

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