3-Home Multifamily Property

For Sale

$899,000

Pending

Lackawaxen, PA 18435, Lackawaxen, PA 18435

Residential Income, Lackawaxen, PA

Property Size7,682 SF

Lot Size10.56 Acres

Days on Market118

Property Features

General Information

Property type Residential Multi Family

Property subtype Other

Zoning Residential

Zoning description Multi-Family

Bedrooms 9

Bathrooms 8

Full bathrooms 8

Rooms Basement, Bathroom 4, Bathroom 2, Bedroom 5, Bedroom 9, Bedroom 6, Bathroom 7, Bedroom 1, Bathroom 3, Bathroom 6, Bedroom 3, Bathroom 8, Bedroom 4, Bathroom 5, Bathroom 1, Bedroom 2, Bedroom 7, Bedroom 8

Parking features Driveway, Garage

Window features Double Pane Windows

Patio and Porch features Porch, Deck

Interior features Beamed Ceilings, Walk-In Closet(s), Tile Counters, Open Floorplan, Recessed Lighting, Natural Woodwork, On Site Septic, In-Law Floorplan, High Speed Internet, High Ceilings, Entrance Foyer, Ceiling Fan(s), Cathedral Ceiling(s), Built-in Features, Breakfast Bar

Exterior features Lighting, Private Yard, Rain Gutters

Fireplace 1

Basement Full, Unfinished

Lot features Many Trees, Secluded, Wooded, Split Possible, Private, Open Lot, Not In Development

View Forest

Elementary school district Wallenpaupack School District

Middle school district Wallenpaupack School District

High school district Wallenpaupack School District

Standard status Pending

Size 7,682 SF

Lot size 10.56 Acres

Taxes and HOA fees

Tax Year 2026

Tax Annual Amount 13589

Utilities

Utilities Cable Available

Sewer type Septic Tank

Heating system Baseboard, Oil, Forced Air

Cooling system Window Unit(s)

Water source Well

Amenities

loft

private rear deck

wraparound porch

covered balcony

multiple covered balconies

fireplace

home office

soaking tub

walk-in closet

accessibility ramp

Building Details

Year built 2005

Floors in Building 3

Number of units 3

Flooring type Hardwood

Building materials Log Siding, Wood Siding

Roof type Asphalt, Shingle

Architectural style Contemporary, Split Level

Listing Agency: Keller Williams Realty Hudson Valley United

Listed By: Amanda Brehm

Added: Jun 25 Changed: Oct 8 Last Checked: Oct 20 at 5:06AM

MLS# PW-262069

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.

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Investment Insights

Based on property information with market context.

Three detached residences make up this multifamily property, with a combined reported building area of 7,682 square feet on 10.56 acres in Lackawaxen. The homes feature log and wood siding, hardwood floors, exposed beams, cathedral ceilings, and porches or decks. Each has a separate driveway and its own utilities. Residential zoning, well water, and septic service are in place.

The largest residence spans three levels and includes five bedrooms, four full bathrooms, a home office, a second family room, and covered balconies. The other homes each offer three bedrooms and two bathrooms; one has an oversized two-car garage, while the other includes a full unfinished basement.

The property is near the Upper Delaware River, Roebling Bridge, Barryville, Milford, and the New York border. Kayaking, fishing, hiking, and skiing are among the recreational activities identified in the surrounding area.

Key Highlights

Three residences across 10.56 acres
Combined reported building area of 7,682 square feet
Two homes each have 3 bedrooms and 2 baths; the third has 5 bedrooms and 4 full baths

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$75,778

Cap Rate

8.43%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,515,560 $1.5M

Cap Rate 7%

$1,082,543 $1.1M

Cap Rate 9%

$841,978 $842.0K

Market Conditions

NOI Build-Up for 7,682 SF

Gross rent

$146.6K $19.08/SF

− Vacancy

−$8.8K −$1.14/SF

EGI

$137.8K $17.94/SF

− OpEx

−$62.0K −$8.07/SF

NOI

$75.8K $9.86/SF

Area

Pike County, PA

Vacancy

6.00%

Lease Rate

$19.08 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,515,560

Cap Rate 7%

$1,082,543

Cap Rate 9%

$841,978

Alternative Uses

Best Use

Apartment 5plus

$1.08M

$947.2K – $1.26M (±1% cap)

NOI $75,778 @ 7.0% cap · market cap 8.43%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.87M

$1.64M – $2.19M (±1% cap)

NOI $131,226 @ 7.0% cap · market cap 14.60%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

Residential units

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

Businesses Nearby

Explore this area Business Placement

Demographics for 18435, PA

1,055

Population

1,569

Households

0.7

Avg Household Size

Median Age

51%

College-Educated

94%

High-School Grad

12.5 sq mi

ZIP Area

Density / Sq Mi

$97,924

Median Household Income

$46,552

Median Earnings

$317,400

Median Home Value

Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more

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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

What type of property is this?

Multifamily property - Three separate residences occupy a wooded parcel with individual driveways and utilities.

Where is this multifamily property located?

The property is located at Lackawaxen, PA.

What is the asking price?

The asking price for this property is $899,000.

What are key features of this property?

This property features: Three residences across 10.56 acres; Combined reported building area of 7,682 square feet; Two homes each have 3 bedrooms and 2 baths; the third has 5 bedrooms and 4 full baths