Updated
771 Hazle Street, Hanover Twp, PA 18706
For Sale
New
$239,900
Residential Income, Hanover Twp, PA
Property Size2,610 SF
Lot Size0.15 Acres
Price / SF$91.92
Days on Market3
Property Features for 771 Hazle Street
General Information
Property type
Property subtype
Zoning
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Basement
Appliances
Lot features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
ERA One Source Realty · ERA Real Estate
(570) 587-9999
Listed By:
Kelly J. Oltmann · License PA RS222424L
(570) 209-6031
Added: Nov 10
Changed: Nov 12
Last Checked: Nov 12 at 6:06PM
MLS# SC265706
Copyright © 2026 Greater Scranton Board 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.
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Investment Insights
Based on property information with market context.
Configured as an upper-and-lower duplex, this 2,610-square-foot property sits on a 0.15-acre lot. Improvements include updated kitchens and bathrooms, replacement windows, electrical service, and a roof. The building also has a basement and porch, with vinyl and wood flooring and electric heat.
The property is zoned R2 and includes off-street parking. Its lot extends from the street to an alley.
The property is zoned R2 and includes off-street parking. Its lot extends from the street to an alley.
Key Highlights
- Two‑level duplex with 2,610 square feet
- 0.15‑acre lot
- R2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,063
Cap Rate
8.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,260
$421.3K
Cap Rate 7%
$300,900
$300.9K
Cap Rate 9%
$234,033
$234.0K
Market Conditions
NOI Build-Up for 2,610 SF
Gross rent
$32.9K $12.60/SF
− Vacancy
−$2.8K −$1.07/SF
EGI
$30.1K $11.53/SF
− OpEx
−$9.0K −$3.46/SF
NOI
$21.1K $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%
$421,260
Cap Rate 7%
$300,900
Cap Rate 9%
$234,033
Alternative Uses
Best Use
Multifamily LT 5
$300.9K
$263.3K – $351.1K
NOI $21,063 @ 7.0% cap · market cap 8.78%
Second Best
Apartment 5plus
$279.1K
$244.2K – $325.6K
NOI $19,535 @ 7.0% cap · market cap 8.14%
Theoretical Best
Office A
$826.8K
$723.5K – $964.7K
NOI $57,879 @ 7.0% cap · market cap 24.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
321
Businesses Nearby
Explore this area
Business Placement
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
$121,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Luzerne County, PA
Properties on Market for Duplexes in Luzerne County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Recent work includes the kitchens, bathrooms, windows, electrical service, and roof.
Where is this duplex located?
The property is located at 771 Hazle Street Hanover Twp, PA.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Two‑level duplex with 2,610 square feet; 0.15‑acre lot; R2 zoning
