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    Jermyn, PA
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    Jermyn, PA Multifamily Properties for Sale

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    Mayfield, PA Archbald, PA Carbondale, PA Jessup, PA Blakely, PA Scott Twp, PA Jefferson Twp, PA Waymart, PA
    Profitable Restaurant with Apartments Above
    Updated: Jun 19, 2024
    Profitable Restaurant with Apartments Above

    650 Washington Avenue, Jermyn, PA 18433

    $538,900
    5,300 sqft 0.46 AC lot
    Fully functioning, immediately profitable, turnkey restaurant business with 50‑year history in the community.
    Recent building updates including new HVAC, roof, windows, and siding, ensuring low maintenance for the next 20 years.
    Includes adjacent parking lot with capacity for 35‑40 cars.
    Sale includes all restaurant equipment, utensils, coolers, freezers, and fountains.
    Three fully rented apartments above the restaurant provide additional income.
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    This listing looks promising.

    Here's a quick look at some key insights for

    650 Washington Avenue, Jermyn, PA 18433

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $41K
      Annual

    • Mortgage

      $35K
      Feb 2020

    • Last Sold

      Nov 2005
      $250K
    View Property Analytics
    Four-Unit Residential Income Property
    Updated: Jul 29, 2025
    Four-Unit Residential Income Property

    440 Washington Avenue, Jermyn, PA 18433

    $355,000
    3,375 sqft 0.26 AC lot
    Fully occupied 4‑unit building with 3 one‑bedroom units and 1 two‑bedroom unit
    Large private parking lot plus off‑street parking
    Front porch, rear deck, and back porch
    Basement includes washer/dryer hookups and dedicated storage space
    Public water and public sewer
    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Jermyn, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Six-Unit Mixed-Use Apartment Building
    Six-Unit Mixed-Use Apartment Building

    480 N Main Street, Archbald, PA 18403

    $589,000
    4,845 sqft 0.09 AC lot

    Fully occupied six-unit mixed-use building with a long-term salon tenant and renovated one-, two-, and three-bedroom apartments under R1 zoning.

    View details
    Multi-Unit Apartment Building With Salon Tenant
    Multi-Unit Apartment Building With Salon Tenant

    480 N Main Street, Archbald, PA 18403

    $589,000
    4,845 sqft 0.09 AC lot

    6-unit apartment building with a long-term salon tenant and recent roof, renovation, and furnace updates.

    View details
    5-Unit Apartment Building with Separate Utilities
    5-Unit Apartment Building with Separate Utilities

    600 Hudson Street, Mayfield, PA 18433

    $290,000
    5,340 sqft 0.43 AC lot

    5-unit apartment building with separate water, electric, and gas services for each unit.

    View details
    Mixed-Use Property with Garage
    Mixed-Use Property with Garage

    559 Penn Avenue, Mayfield, PA 18433

    $369,000
    3,800 sqft 0.74 AC lot

    Commercially zoned property combines an operating garage, two rented apartments, paved parking, and a fenced outdoor yard.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Park Model Lot in Vacation Community
    Park Model Lot in Vacation Community

    S6-640 Whip Poor Will Drive, Gouldsboro, PA 18424

    $59,900
    0.24 AC lot

    Vacation-use park model community lot includes a 399-sq.-ft. park model home, with dues covering utilities and security.

    View details
    72 Acres in Covington Township
    72 Acres in Covington Township

    AM HUGHES BLVD lot: 10.01, Covington Twp, PA 18424

    $850,000
    71.33 AC lot

    Large square parcel available in Covington Township, Pennsylvania.

    View details
    Park Model RV Community Lot with Deck
    Park Model RV Community Lot with Deck

    WL7-879 Whitetail Way, Gouldsboro, PA 18424

    $39,000
    0.15 AC lot

    Park model community lot includes public water and public sewer and a deck for recreation use.

    View details
    Lakefront RV Park Lot with Park Model
    Lakefront RV Park Lot with Park Model

    WL2-38 Lake View N, Gouldsboro, PA 18424

    $155,000
    0.12 AC lot

    Lakefront RV park lot with a deck, public water and public sewer, and an included park model home for vacation use.

    View details

    Off-Market Properties in Jermyn, PA

    Consider similar Off-Market properties in Jermyn, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    457 Madison Ave
    APARTMENT HOUSE (5+ UNITS)

    457 Madison Ave, Jermyn, PA 18433-1321

    $370,000
    Estimated value
    0.19 AC lot
    View details

    Jermyn, PA Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Jermyn, PA on our real estate platform. These investment opportunities span a total of 8,675 square feet of properties for sale, with an estimated market value of $893,900.

    Sale prices for multifamily properties in Jermyn, PA start at $355,000, averaging $446,950, and reaching up to $538,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Quadplexes 1

    Demographics Overview

    Population 7,174
    Population Growth (5Y) +8.3%
    Median Household Income $76,847
    College Educated 44.0%

    High-Yield Neighborhoods for Investment

    Identify Jermyn submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    18433 $447K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lackawanna County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lackawanna County

    Residential Income

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