843 Spring Street, Avoca, PA 18641
MULTI_FAMILY - Other - Avoca, PA
- Added:
- Jun 29, 2026
- Days on Market:
- 4
- Last Refresh:
- Jul 2 at 4:06 pm
Property Features for 843 Spring Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 3, Basement, Bathroom 2
- Parking
- 4
- Parking features
- Driveway, Garage
- Patio and Porch features
- Porch, Deck
- Interior features
- Ceiling Fan(s), Eat-in Kitchen
- Basement
- Dirt Floor, Unfinished
- Appliances
- Gas Oven, Washer/Dryer Stacked, Microwave, Refrigerator, Gas Water Heater
- Standard status
- Active
- APN
- 02D12SE2001007
- Size
- 1,811 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BLK:11 DIST:02 CITY/MUNI/TWP:AVOCA BORO 2-3-235-3 843 SPRING ST MAP REF:MAP D12SE2
- Tax Annual Amount
- 2956
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air
- Cooling system
- Ductless
Building Details
- Year built
- 1951
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl, Carpet
- Roof type
- Shingle, Composition
- Architectural style
- Other
Listing agent Christine Ives Polizzi License #RS360064 (570) 561-7189
Listing office EXP Realty LLC 630 Freedom Business Center Drive Suite 300, Pittsburgh, PA (888) 397-7352
Listing date Jun 29, 2026
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.
HighLights
- Side‑by‑side 2‑unit duplex with 2 beds/1 bath per unit
- Extensively renovated in 2022 with new roof, gutters, windows, electrical service, siding, and insulation
- 2022 upgrades include tankless water heaters, furnaces, flooring and carpeting, kitchen and bathroom renovations
- Each unit has its own separate electric, gas, and heating systems; utilities separately metered except water and sewer
- Ductless heating and air conditioning systems plus forced‑air heating
- Includes appliances (gas oven, microwave, refrigerator, stacked washer/dryer) and outdoor deck/porch
Overview
Located in Avoca, Pennsylvania, the home sits on a 0.26-acre lot and is described as being in a quiet, private setting. The exterior includes a spacious patio and a backyard area designed for outdoor enjoyment.
For tenants or buyers looking for a turnkey income property, the combination of 2022 renovations and independently served unit systems can simplify day-to-day operations. The listing also notes that both units are on month-to-month leases with tenants already in place, providing immediate occupancy status at the time of sale.
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 | $22.8k | $12.60 |
| − Vacancy | −$1.9k | −$1.07 |
| EGI | $20.9k | $11.53 |
| − OpEx | −$6.3k | −$3.46 |
| NOI | $14.6k | $8.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Avoca
- County
- Luzerne
- State
- Pennsylvania
- Longitude
- -75.740722
- Latitude
- 41.341498