607 S Valley Avenue, Olyphant, PA 18447
- Added:
- Jan 23, 2026
- Days on Market:
- 158
- Last Refresh:
- Jun 30 at 2:06 am
Property Features for 607 S Valley Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Basement, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 4
- Patio and Porch features
- Porch
- Interior features
- Eat-in Kitchen, Laminate Counters
- Exterior features
- Awning(s)
- Basement
- Crawl Space, Unfinished, Concrete, Full
- Appliances
- Electric Range, Washer, Refrigerator
- Standard status
- Pending
- APN
- 11418020019
- Size
- 1,992 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1488
Utilities
- Sewer type
- Public Sewer
- Heating system
- Hot Water(Heating), Natural Gas
- Cooling system
- Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1912
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Linoleum, Vinyl, Carpet
Listing agent William Clauss License #AB068616 (570) 470-4658
Listing office Davis R. Chant - Lake Wallenpaupack 2483 Route 6, Milford, PA (570) 226-4518
Listing date Jan 23, 2026
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.
HighLights
- Two distinct residential units on a single lot in Olyphant, both within the Mid‑Valley School District
- Unit 1 is a two‑story layout with a main‑floor living area, dedicated dining room, and kitchen, plus 3 bedrooms and a full bath upstairs
- Unit 2 offers a ranch‑style plan with 1 bedroom and a large eat‑in kitchen, plus two flexible living/dining areas
- Year built 1912 with public water and public sewer
- Heating includes natural gas and hot water; cooling provided by ceiling fans
- Appliances include an electric range, washer, and refrigerator; flooring includes linoleum, vinyl, and carpet
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.1k | $12.60 |
| − Vacancy | −$1.6k | −$0.82 |
| EGI | $23.5k | $11.78 |
| − OpEx | −$7.0k | −$3.53 |
| NOI | $16.4k | $8.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Olyphant
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -75.606264
- Latitude
- 41.46246
