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22-Unit Townhome Apartment Community
For Sale
Contact for pricing
Pending

320 N Butler Terrace Dr, Hazleton, PA 18202

Fully occupied residential community supported by a tenant waiting list for upcoming vacancies.

Property SizeContact for details
Days on Market142

Property Features for 320 N Butler Terrace Dr

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 22
Listing Agency: Avison Young - Suburban Philadelphia
Listed By: Adam Gillespie · License #PA RS293296
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:38AM

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 Avison Young - Suburban Philadelphia

Investment Insights

Based on property information with market context.

Butler Terrace Townhomes is a 22-home apartment community at 320 N Butler Terrace Dr in Hazleton, Pennsylvania. The property is currently 100% occupied and includes a tenant waiting list for units that become available.

The operating history includes strong rental performance and low tenant turnover, while current rents are stated to be more than 10% below market. The community offers access to surrounding areas and presents an established residential income profile with documented tenant demand.

Key Highlights

  • 22 townhomes in the Butler Terrace community
  • 100% occupied residential apartment property
  • Tenant waiting list for units becoming available

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Building Supply Restaurant Dental Office Electrical Service Hair Salon Law Firm

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

22
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

57
Businesses Nearby

Demographics for 18202, PA

13,894
Population
6,036
Households
2.3
Avg Household Size
42
Median Age
21%
College-Educated
88%
High-School Grad
35.0 sq mi
ZIP Area
397
Density / Sq Mi
$55,517
Median Household Income
$35,330
Median Earnings
$1,029
Median Rent
$182,200
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 - Fully occupied residential community supported by a tenant waiting list for upcoming vacancies.
Where is this apartment building located?
The property is located at 320 N Butler Terrace Dr Hazleton, PA.
What are key features of this property?
This property features: 22 townhomes in the Butler Terrace community; 100% occupied residential apartment property; Tenant waiting list for units becoming available
More about this property
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