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Approved Apartment Redevelopment Site
New
For Sale
$1,150,000

164 S Main Street, Carbondale, PA 18407

MULTI_FAMILY - Carbondale, PA

Property Size17,000 SF
Lot Size1.00 Acre
Price / SF$67.65
Days on Market2

Property Features for 164 S Main Street

General Information

Property type Residential Multi Family
Property subtype Apartment
Zoning description Multi-Family
Standard status Active
Size 17,000 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Annual Amount 15000

Utilities

Water source Public

Building Details

Floors in Building 2
Listing Agency: OB INTERNATIONAL REAL ESTATE and OB & WISE PROPERTY MANAGEMENT
Listed By: Ofra Beigel
Added: Aug 11 Changed: Aug 12 Last Checked: Aug 12 at 5:06PM
MLS# 11929677

Copyright © 2026 My State MLS. 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 1-acre, 17,000-square-foot property is configured for residential redevelopment in an apartment-building format. The approved project provides for 17–24 Group R-2 multifamily units, with architectural, schematic, and MEP plans completed. Residential zoning is approved, and construction permits meeting UCC / IBC-2018 requirements are in place.

The property is located at 164 S Main Street in Carbondale’s Downtown Main Street District, with access to shops, employers, services, and public transportation. Utilities and infrastructure are on site, and the water source is public. The approved framework allows the next owner to proceed with construction based on an established residential design and permitting package.

Key Highlights

  • Approved for 17–24 Group R‑2 multifamily units
  • 1 acre with 17,000 square feet of property size
  • Architectural, schematic, and MEP plans completed

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

713
Businesses Nearby

Demographics for 18407, PA

14,047
Population
7,028
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
92%
High-School Grad
41.5 sq mi
ZIP Area
338
Density / Sq Mi
$57,261
Median Household Income
$40,174
Median Earnings
$826
Median Rent
$142,600
Median Home Value

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?
Apartment building - Approved plans and permits support a flexible residential redevelopment project.
Where is this apartment building located?
The property is located at 164 S Main Street Carbondale, PA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Approved for 17–24 Group R‑2 multifamily units; 1 acre with 17,000 square feet of property size; Architectural, schematic, and MEP plans completed
More about this property
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