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6-Unit Mixed-Use Property
New
For Sale
$580,000

581-587 Alter Street, Hazleton, PA 18201

Commercial, Hazleton, PA

Property Size7,200 SF
Price / SF$80.56
Days on Market1

Property Features for 581-587 Alter Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Bathrooms 7
Full bathrooms 7
Rooms Bathroom 6, Bathroom 1, Bathroom 4, Bathroom 3, Bathroom 7, Bathroom 2, Bathroom 5
Elementary school district Hazleton
Middle school district Hazleton
High school district Hazleton
Directions Down Diamond ST , Make a right on Alter St and the Property is on the Right side .
Subdivision Hazleton Area
Standard status Active
APN T8NW43-015-007-000
Size 7,200 SF

Taxes and HOA fees

Tax Description Personal Property
Tax Annual Amount 7121
Legal Description Personal Property
Listing Agency: Pecora Realtor, P.C.
Listed By: Anthony Pimentel · License #RS369464
Added: Sep 9 Last Checked: Sep 9 at 10:06PM
MLS# 26-4604

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.

Located at 581-587 Alter Street in Hazleton, Pennsylvania, this 7,200-square-foot mixed-use property contains six total units. The configuration includes four residential apartments and two storefront spaces positioned at street level.

The property carries Commercial zoning and is situated in Luzerne County, within ZIP code 18201. Its blend of residential and commercial components provides distinct space types within one building.

Key Highlights

  • 7,200‑square‑foot mixed‑use property
  • Six total units with four residential apartments
  • Two street‑level storefronts

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Electrical Service Cafe & Coffee Shop Acupuncture Storage Facility

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

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,212
Businesses Nearby

Demographics for 18201, PA

31,310
Population
13,318
Households
2.4
Avg Household Size
37
Median Age
11%
College-Educated
76%
High-School Grad
17.5 sq mi
ZIP Area
1,789
Density / Sq Mi
$43,983
Median Household Income
$30,463
Median Earnings
$1,019
Median Rent
$131,900
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

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Combines residential apartments with street-level commercial space under Commercial zoning.
Where is this mixed-use property located?
The property is located at 581-587 Alter Street Hazleton, PA.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: 7,200‑square‑foot mixed‑use property; Six total units with four residential apartments; Two street‑level storefronts
More about this property
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