Mixed-Use Building with Commercial
New
For Sale
$299,900
18 N Main Street, Ashley, PA 18706
Multi-Family, Ashley, PA
Property Size2,840 SF
Lot Size0.09 Acres
Price / SF$105.60
Days on Market6
Property Features for 18 N Main Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Commercial
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 5, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 3, Bedroom 1, Basement, Bathroom 2, Bedroom 2, Bathroom 1
Parking features
Off Street
Exterior features
Brick, Vinyl
Basement
Concrete, Full
Elementary school district
Hanover
Middle school district
Hanover
High school district
Hanover
Directions
Blackman Street to Hazle. Continue to Main Street in Ashley. Property on left.
Subdivision
Ashley-Nanticoke-Hanover Twp
Standard status
Active
APN
01-I9SE4 -008-011-000
Size
2,840 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Renter Belongings
Tax Annual Amount
1468
Legal Description
Renter Belongings
Utilities
Heating system
Steam, Forced Air
Water source
Public
Amenities
off-street parking
Building Details
Roof type
Rubber
Listing Agency:
Antonik & Associates, Inc. Nanticoke
(570) 735-7494
Listed By:
Edward Stobodzian · License #RM425952
(570) 417-9758
Added: Oct 4
Last Checked: Oct 9 at 8:06AM
MLS# 26-5127
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 2,840-square-foot mixed-use building contains two residential units, configured as three-bedroom and two-bedroom apartments, alongside a separate commercial space. The property occupies 0.0937 acres and is zoned Commercial. Electrical service is separately metered for all units, while gas service is split for the commercial space.
Brick and vinyl exterior finishes, a rubber roof, public water, and steam and forced-air heating are among the building’s physical features. Off-street parking is located at the rear of the property.
Brick and vinyl exterior finishes, a rubber roof, public water, and steam and forced-air heating are among the building’s physical features. Off-street parking is located at the rear of the property.
Key Highlights
- 2,840‑square‑foot mixed‑use building on 0.0937 acres
- Two apartments: one 3‑bedroom unit and one 2‑bedroom unit
- One separate commercial space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,257
Cap Rate
7.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,140
$425.1K
Cap Rate 7%
$303,671
$303.7K
Cap Rate 9%
$236,189
$236.2K
Market Conditions
NOI Build-Up for 2,840 SF
Gross rent
$41.9K $14.76/SF
− Vacancy
−$3.3K −$1.15/SF
EGI
$38.6K $13.61/SF
− OpEx
−$17.4K −$6.12/SF
NOI
$21.3K $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%
$425,140
Cap Rate 7%
$303,671
Cap Rate 9%
$236,189
Alternative Uses
Best Use
Mixed Use
$401.7K
$351.5K – $468.6K
NOI $28,116 @ 7.0% cap · market cap 9.38%
Second Best
Apartment 5plus
$303.7K
$265.7K – $354.3K
NOI $21,257 @ 7.0% cap · market cap 7.09%
Theoretical Best
Office A
$899.7K
$787.3K – $1.05M
NOI $62,980 @ 7.0% cap · market cap 21.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Explore this area
Business Placement
Demographics for 18706, PA
16,338
Population
7,675
Households
2.1
Avg Household Size
43
Median Age
20%
College-Educated
91%
High-School Grad
26.3 sq mi
ZIP Area
621
Density / Sq Mi
$57,546
Median Household Income
$38,381
Median Earnings
$883
Median Rent
$121,900
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines two apartments with a separate commercial unit and rear off-street parking.
Where is this mixed-use property located?
The property is located at 18 N Main Street Ashley, PA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 2,840‑square‑foot mixed‑use building on 0.0937 acres; Two apartments: one 3‑bedroom unit and one 2‑bedroom unit; One separate commercial space
