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Three-Property Multifamily Investment
For Sale
$465,000

170 Valley &Amp 2 South Spruce Street, Lewistown, PA 17044

Package includes three adjoining buildings with 7-plus residential units plus one lower-level space with flexible commercial or office use.

Property SizeContact for details
Days on Market61

Property Features for 170 Valley &Amp 2 South Spruce Street

General Information

Standard status Active

Additional Details

Multifamily Units 7
Listing Agency: Keller Williams of Central PA
Listed By: Judah Hoover · License #RS333488
Source: Exprealty
Added: Jul 10 Changed: Aug 26 Last Checked: Sep 8 at 8:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams of Central PA

Investment Insights

Based on property information with market context.

This for-sale investor package includes three adjoining multifamily buildings. The 170 Valley St property is a five-unit building that is partially stabilized, with recently renovated interiors and a unit mix comprising one one-bedroom, two two-bedrooms, one three-bedroom, and one four-bedroom unit. The exterior has also been improved with a new front window and fresh paint. The 12 S Spruce St building is presented as a blank slate with an open lower-level layout suitable for commercial or office use, and an open upper level that can be used for storage, apartment conversion, or expansion. The 14 S Spruce St building contains two units and is described as a value-add opportunity requiring full renovation.

The portfolio is located in Lewistown, Pennsylvania and is offered as an adjoining three-building package.

The buildings in this package support multiple execution approaches, including stabilizing existing income units and pursuing value-add and repositioning through interior updates and potential layout changes.

Key Highlights

  • 3 adjoining properties package offering 7+ residential units plus one lower‑level space with flexible commercial or office use
  • 170 Valley St: 5‑unit building with a mix of 1 one‑bedroom, 2 two‑bedrooms, 1 three‑bedroom, and 1 four‑bedroom unit
  • 170 Valley St updates include multiple interior updates plus exterior improvements such as a new front window and fresh paint

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Grocery & Convenience Store Carpet & Flooring Store Skin Care Clinic

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

738
Businesses Nearby

Demographics for 17044, PA

20,681
Population
10,167
Households
2
Avg Household Size
46
Median Age
14%
College-Educated
84%
High-School Grad
95.4 sq mi
ZIP Area
217
Density / Sq Mi
$58,253
Median Household Income
$38,341
Median Earnings
$791
Median Rent
$126,000
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 - Package includes three adjoining buildings with 7-plus residential units plus one lower-level space with flexible commercial or office use.
Where is this apartment building located?
The property is located at 170 Valley &Amp 2 South Spruce Street Lewistown, PA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 3 adjoining properties package offering 7+ residential units plus one lower‑level space with flexible commercial or office use; 170 Valley St: 5‑unit building with a mix of 1 one‑bedroom, 2 two‑bedrooms, 1 three‑bedroom, and 1 four‑bedroom unit; 170 Valley St updates include multiple interior updates plus exterior improvements such as a new front window and fresh paint
More about this property
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