Mixed-Use Property with
For Sale
$600,000
721 N Vine Street, Hazleton, PA 18201
Multi-Family, Hazleton, PA
Property Size3,743 SF
Lot Size0.15 Acres
Price / SF$160.30
Days on Market8
Property Features for 721 N Vine Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Multi-Family
Bedrooms
9
Bathrooms
7
Full bathrooms
7
Rooms
Basement, Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 9, Bedroom 6, Bathroom 7, Bedroom 1, Bathroom 3, Bathroom 6, Bedroom 3, Bedroom 4, Bathroom 5, Bathroom 1, Bedroom 2, Bedroom 7, Bedroom 8
Parking features
On Street
Exterior features
Asbestos, Vinyl, Stucco, Brick
Basement
Unfinished
Elementary school district
Hazleton
Middle school district
Hazleton
High school district
Hazleton
Directions
CORNER OF 11TH AND VINE STS. HAZ.
Subdivision
Hazleton Area
Standard status
Active
APN
71-T8NW42-015-005-000
Size
3,743 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5328
Utilities
Heating system
Baseboard, Other (Heating), Hot Water(Heating), Electric (Heating)
Water source
Public
Building Details
Year built
1920
Roof type
Shingle
Listing Agency:
Pecora Realtor, P.C.
(570) 455-9463
Listed By:
Eugenio Sosa · License #RS330109
(570) 535-6403
Added: Oct 2
Changed: Oct 8
Last Checked: Oct 9 at 11:06AM
MLS# 26-5102
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.
This 3,743-square-foot mixed-use property includes four apartments and two ground-floor storefronts, along with a separate two-bedroom house. A three-stall garage is also part of the property, with potential for an additional efficiency apartment. An additional store at 239 W 11th St is included. The property occupies 0.1469 acres and was built in 1920.
Key Highlights
- Four apartments and two first‑floor storefronts
- Separate two‑bedroom house
- Three‑stall garage with potential for an efficiency apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,056
Cap Rate
6.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,120
$741.1K
Cap Rate 7%
$529,371
$529.4K
Cap Rate 9%
$411,733
$411.7K
Market Conditions
NOI Build-Up for 3,743 SF
Gross rent
$67.4K $18.00/SF
− Vacancy
−$8.1K −$2.16/SF
EGI
$59.3K $15.84/SF
− OpEx
−$22.2K −$5.94/SF
NOI
$37.1K $9.90/SF
Area
Luzerne County, PA
Vacancy
12.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,120
Cap Rate 7%
$529,371
Cap Rate 9%
$411,733
Alternative Uses
Best Use
Mixed Use
$529.4K
$463.2K – $617.6K
NOI $37,056 @ 7.0% cap · market cap 6.18%
Second Best
Retail
$444.7K
$389.1K – $518.8K
NOI $31,127 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M
NOI $83,005 @ 7.0% cap · market cap 13.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
939
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
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines apartment units and commercial storefronts with a separate two-bedroom home and garage.
Where is this mixed-use property located?
The property is located at 721 N Vine Street Hazleton, PA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Four apartments and two first‑floor storefronts; Separate two‑bedroom house; Three‑stall garage with potential for an efficiency apartment
