Updated Two-Unit
For Sale
$309,900
622 W 8TH Street, Hazleton, PA 18201
Multi-Family, HAZLETON, PA
Property Size2,708 SF
Lot Size0.06 Acres
Price / SF$114.44
Days on Market40
Property Features for 622 W 8TH Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Dining Room, Basement
Parking features
Driveway, Off Street
Interior features
2nd Kitchen, Breakfast Area, Combination Kitchen/Dining, Kitchen - Eat-In, Laundry Chute
Subdivision
W HAZLETON
Elementary school district
HAZLETON AREA
Middle school district
HAZLETON AREA
High school district
HAZLETON AREA
Standard status
Active
Size
2,708 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
2448
Utilities
Heating system
Other (Heating)
Cooling system
Window Unit(s)
Building Details
Year built
1930
Number of units
2
Building materials
Combination
Architectural style
Other
Listing Agency:
Realty Mark Associates
(215) 376-4444
Listed By:
Renso Minaya · License #RS301073
(610) 587-8673
Added: Sep 4
Changed: Oct 10
Last Checked: Oct 13 at 8:06PM
MLS# PALU2003296
Copyright © 2026 Bright MLS. 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.
This detached duplex in Hazleton contains 2,708 square feet across two apartments. Each unit includes three bedrooms, one full bathroom, and one half bathroom. Kitchen and bathroom renovations are among the improvements, along with refreshed flooring, ceilings, walls, windows, and electrical components. Window-unit cooling and driveway parking are also present.
The property occupies a corner site at 622 W 8th Street in Hazleton, Pennsylvania. The 0.06-acre parcel has off-street parking for two vehicles. Both apartments are occupied under month-to-month leases.
The property occupies a corner site at 622 W 8th Street in Hazleton, Pennsylvania. The 0.06-acre parcel has off-street parking for two vehicles. Both apartments are occupied under month-to-month leases.
Key Highlights
- Two apartments, each with 3 bedrooms, 1 full bathroom, and 1 half bathroom
- 2,708 square feet in a detached duplex
- Kitchen and bathroom renovations, plus updated flooring, ceilings, walls, windows, and electrical components
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,854
Cap Rate
7.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,080
$437.1K
Cap Rate 7%
$312,200
$312.2K
Cap Rate 9%
$242,822
$242.8K
Market Conditions
NOI Build-Up for 2,708 SF
Gross rent
$34.1K $12.60/SF
− Vacancy
−$2.9K −$1.07/SF
EGI
$31.2K $11.53/SF
− OpEx
−$9.4K −$3.46/SF
NOI
$21.9K $8.07/SF
Area
Luzerne County, PA
Vacancy
8.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$437,080
Cap Rate 7%
$312,200
Cap Rate 9%
$242,822
Alternative Uses
Best Use
Multifamily LT 5
$312.2K
$273.2K – $364.2K
NOI $21,854 @ 7.0% cap · market cap 7.05%
Second Best
Apartment 5plus
$289.6K
$253.4K – $337.8K
NOI $20,269 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$857.9K
$750.7K – $1.00M
NOI $60,053 @ 7.0% cap · market cap 19.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,213
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has three bedrooms, one full bathroom, and one half bathroom.
Where is this duplex located?
The property is located at 622 W 8TH Street Hazleton, PA.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Two apartments, each with 3 bedrooms, 1 full bathroom, and 1 half bathroom; 2,708 square feet in a detached duplex; Kitchen and bathroom renovations, plus updated flooring, ceilings, walls, windows, and electrical components
