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    454/456 Woodland Avenue Hawley, PA 18428

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    Pending
    $169,900

    MULTI_FAMILY - Other - Hawley, PA

    Property size:
    1,121 SF
    Lot size:
    0.14 Acres
    Added:
    Feb 20, 2026
    Days on Market:
    68
    Last Refresh:
    Apr 29 at 2:06 am

    Property Features for 454/456 Woodland Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2, Basement, Bathroom 2
    Parking features
    Paved or Surfaced, Driveway
    Patio and Porch features
    Patio
    Interior features
    Eat-in Kitchen
    Basement
    Full, Partial
    Appliances
    Electric Oven, Refrigerator, Electric Range
    Standard status
    Pending
    APN
    10-0-0006-0097
    Size
    1,121 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2116

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Hot Water(Heating)
    Water source
    Public

    Building Details

    Year built
    1882
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Laminate, Carpet
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Maxwell Stevens
    Maxwell Stevens

    Listing agent Maxwell Stevens License #RS349255

    Listing office Berkshire Hathaway HomeServices Pocono Real Estate Hawley 10 Roosevelt Dr., Hawley, PA

    Listing date Feb 20, 2026

    MLS# PW-260335 Listing URL

    Copyright © 2026 Pike/Wayne Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hawley Borough Two-Unit Income Property

    This two-story multi-family home in Hawley Borough presents an investment opportunity, located minutes from downtown shops, restaurants, and local amenities. The property features two 1-bedroom, 1-bath apartments, each approximately 574 sq ft, totaling 1121 sq ft. Each unit has separate electric, public water, and sewer services, along with individual living spaces. The sale includes an adjoining vacant lot, offering additional yard space and potential for future expansion, subject to borough approval, or added long-term investment value. The property is situated on a manageable in-town setting with paved city street frontage, off-street parking, and convenient access to Route 6 for commuting to Honesdale and surrounding areas. The property sits on 0.14 acres. This setup is suitable for investors or owners looking to occupy one unit while generating rental income from the other. This property offers flexibility and upside in a desirable small-town location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hawley
    County
    Wayne
    State
    Pennsylvania
    Longitude
    -75.176231
    Latitude
    41.470356

    Nearby Similar for Sale

    • $6,000,000

      34-Unit Multifamily Residential Portfolio

      Multifamily residential portfolio in Hawley, Pennsylvania with value-add opportunity.
      522 Spring Street, Hawley, PA 18428
      View Details
    • $1,250,000

      Hawley Office Building Investment Opportunity

      6,000 SF office building with leases in place.
      2515 Route 6, Hawley, PA 18428
      View Details
    • Contact for pricing

      Grocery-Anchored Retail Space Available

      Retail space available in grocery-anchored shopping center.
      The Village Center, Route 739 | Lords Valley (Blooming Grove), PA 18428
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-unit income property with adjoining lot in Hawley Borough.
    Where is this duplex located?
    The property is located at 454/456 Woodland Avenue Hawley, PA.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: 2‑unit income property in Hawley Borough; Includes adjoining vacant lot for expansion or investment; Separate utilities for each unit (electric, water, sewer)
    (406) 570-3805
    We can help!
    Listing Contact
    Maxwell Stevens
    Maxwell Stevens
    Real Estate License ID: RS349255
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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