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Two-Home Multifamily Property
For Sale
$190,000

582-586 Shawnee Street, Hanover Twp, PA 18706

Separate residences share one deed and include off-street parking plus a storage shed.

Property Size2,600 SF
Days on Market130

Property Features for 582-586 Shawnee Street

General Information

Standard status Active
Size 2,600 SF
Property subtype Multi Family

Property Condition

Severity Major Repairs Needed
Evidence full rehab project

Units

Unit Mix 3BR/1.5BA, 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,039

Amenities

screened-in porch
off-street parking
storage shed

Building Details

Building Size 2,600 SF
Year Built 1950
Buildings 2
Listing Agency: Iron Valley Real Estate Greater Scranton
Listed By: Courtney Marie McDonald
Source: Luxehomesnepa
Added: Apr 27 Changed: Sep 1 Last Checked: Sep 2 at 9:25PM

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 Iron Valley Real Estate Greater Scranton

Investment Insights

Based on property information with market context.

This multifamily property includes two separate residences conveyed under one deed at 582-586 Shawnee Street in Hanover Township, Pennsylvania. The larger home has 3 bedrooms, 1.5 bathrooms, an eat-in kitchen, first-floor laundry, original hardwood floors, and a screened porch connected to a second-floor bedroom. Off-street parking and a storage shed serve the property.

The smaller residence contains 2 bedrooms and 1 full bathroom. Both homes have new furnaces, while the smaller home also has a new hot water heater. The larger home has new plumbing. Built in 1950, the property requires rehabilitation, with each residence offering a distinct scope of work.

Key Highlights

  • Two separate homes conveyed on one deed
  • 582 includes 3 bedrooms, 1.5 bathrooms, eat‑in kitchen, and first‑floor laundry
  • 586 provides 2 bedrooms and 1 full bathroom

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Plumbing Service Computer & Electronic Repair Pharmacy

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

220
Businesses Nearby

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

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?
Multifamily property - Separate residences share one deed and include off-street parking plus a storage shed.
Where is this multifamily property located?
The property is located at 582-586 Shawnee Street Hanover Twp, PA.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: Two separate homes conveyed on one deed; 582 includes 3 bedrooms, 1.5 bathrooms, eat‑in kitchen, and first‑floor laundry; 586 provides 2 bedrooms and 1 full bathroom
More about this property
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