5-Unit Apartment
New
For Sale
$394,900
162-166 Oliver Street, Swoyersville, PA 18704
Multi-Family, Swoyersville, PA
Property Size4,350 SF
Lot Size0.21 Acres
Price / SF$90.78
Days on Market4
Property Features for 162-166 Oliver Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family
Bedrooms
11
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 6, Bedroom 1, Bathroom 2, Bathroom 4, Bedroom 9, Bedroom 11, Bedroom 2, Bathroom 5, Bathroom 3, Bedroom 7, Bedroom 10, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 8, Bedroom 4, Bedroom 5, Basement
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
Electric (Heating), Baseboard, Hot Water(Heating)
Water source
Public
Building Details
Roof type
Shingle
Listing Agency:
Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn
(570) 696-2600
Listed By:
Dawn R Wiringer · License #RS332734
(570) 606-7672
Added: Oct 30
Changed: Nov 2
Last Checked: Nov 2 at 4:06PM
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.
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Investment Insights
Based on property information with market context.
This five-unit apartment property contains 4,350 square feet on a 0.2066-acre lot. The reported bedroom mix includes two three-bedroom apartments, one two-bedroom apartment and one one-bedroom apartment. Two units are vacant. The building has aluminum and vinyl exterior materials, a shingle roof, electric baseboard and hot-water heating, and public water service. The main roof replacement is dated September 2026.
Multi-Family zoning applies to the property. The available unit information identifies four apartments by bedroom count; no configuration is specified here for the remaining unit.
Multi-Family zoning applies to the property. The available unit information identifies four apartments by bedroom count; no configuration is specified here for the remaining unit.
Key Highlights
- Five‑unit apartment property with 4,350 square feet of building area
- Bedroom mix includes two 3‑bedroom units, one 2‑bedroom unit and one 1‑bedroom unit
- 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
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
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
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
411
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Two apartments are vacant, and the property is zoned Multi-Family.
Where is this apartment building located?
The property is located at 162-166 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 with 4,350 square feet of building area; Bedroom mix includes two 3‑bedroom units, one 2‑bedroom unit and one 1‑bedroom unit; Two units are vacant
