400 Oak St Street # 408 Old Forge, PA $ 399,000
400 Oak St Street # 408
$ 399,000
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400 Oak St Street # 408

Old Forge, PA, 18518
$ 399,000
Bedrooms8 Baths3.2 Sq 8,200

Monthly Estimate*

$ 2,457

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Multi-Family Home for sale in Old Forge, PA

for $399,000 with 8 bedrooms and 3 full baths, 2 half baths. This 8,200 square foot home was built in 1965 on a lot size of 0.25.

Premier Mixed-Use Investment Opportunity in the Heart of Old Forge!Attention investors, this is the opportunity you've been waiting for! Situated on a highly visible corner lot in one of Old Forge's most desirable locations, this massive 5-unit mixed-use property offers the perfect combination of cash flow, stability, and upside potential.The property features 3 spacious residential units and 2 commercial hair salon spaces, creating multiple streams of income in a prime, walkable location. Just steps from Old Forge's renowned restaurants, local businesses, and Old Forge High School, this asset benefits from strong tenant demand and exceptional community appeal.Meticulously maintained by the current owners, the building boasts completely separate utilities, simplifying management and maximizing profitability. As an added bonus, the current owners are willing to lease back the garage from the new owner, providing an immediate income opportunity and added flexibility.Whether you're a first-time investor looking for a strong entry into commercial real estate or an experienced investor seeking a valuable addition to your portfolio, this property delivers. With solid existing income, room for future rent growth, and multiple value-add opportunities, the upside here is undeniable. Strong cash flow. Prime location. Separate utilities. Corner lot visibility. Endless potential. Opportunities like this rarely hit the market in Old Forge. Don't miss your chance to secure a standout investment property at an attractive price.Please note: No private showings will be held prior to the Open House on Saturday, June 13th from 12:00 PM - 2:00 PM.For additional information or questions, please call today!

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Multi-Family Active

Price

$ 399,000

Bedrooms

8

Full Bath

3

Half Bath

2

Property Type

Multi-Family

Taxes

$ 4,138

Style

Multiple Buildings

Lot Size

0.25

Year Built

1965

Town/City

Old Forge

County/Region

Lackawanna

MLS | Web ID

SC262738

Features
General
Living Area 8200
Sewer Public Sewer
Heating Baseboard Varies by Unit Steam See Remarks Hot Water Forced Air
Cooling Ceiling Fan(s) Wall/Window Unit(s) Central Air
Possession Close Of Escrow
Roof Flat Shingle See Remarks Rubber
Zoning C1
Garage Spaces 2
Patio/Porch Features Front Porch Rear Porch Patio
Architectural Style Multiple Buildings
Construction Materials Block Stucco
Year Built 1965
Electric 200+ Amp Service Circuit Breakers
Tenant Pays All Utilities
Stories Count 2
Levels Multi/Split Two
Unit Number 408
Property Subtype Multi Family
Tax Year 2026
Current Use Mixed Use Multi-Family
Community Features Curbs Sidewalks Street Lights
County Lackawanna
New Construction N
Property Type Residential Income
Garage Y/N N
Full Baths 3
Status Active
Directions TURN RIGHT OFF MAIN STREET ONTO OAK ST PROPERTY LOCATED ON LEFT HAND SIDE.
City Old Forge
High School District Old Forge
Zoning Description Commercial
Number Of Units Total 5
Tax Annual Amount 4138
Current Financing None
Property Condition Fixer Updated/Remodeled
Structure Type Mixed Use
Standard Status Active
Year Built Source Public Records
Tax Assessed Value 15000
Legal Description 110X98 W-06 B-007 L-023 P-000
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Interior
Interior Amenities Ceiling Fan(s) Natural Woodwork Recessed Lighting Eat-in Kitchen Double Vanity Crown Molding
Basement Exterior Entry Walk-Out Access Unfinished Full Interior Entry
Flooring Carpet Hardwood Luxury Vinyl Laminate Combination
Common Walls 2+ Common Walls
Basement (Y/N) Y
Above Grade Finished Area 8200
Half Baths 2
Laundry Features In Unit
Total Bedrooms 8
Below Grade Finished Area 0
Total Baths 5
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Exterior
Exterior Amenities Courtyard Private Yard Rain Gutters
Fencing Back Yard Vinyl
Parking Features On Street
Lot Features Back Yard Front Yard Corner Lot City Lot
Water Source Public
Foundation Details Block Stone Combination
Building Area Total 8200
Lot Dimensions 110X98
Lot Size Acres 0.25
Road Surface Type Paved
Number of Separate Water Meters 5
Number of Separate Gas Meters 5
Number of Separate Electric Meters 5
Road Frontage Type City Street
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* Excluded Features
List By
Nisk Real Estate

Broker

noah@niskrealestate.com

Email

Affordability Calculator

$2,802
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,457
Monthly Property Taxes
$345
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2391707 Elementary School
2391714 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/10/2026$399,000 Listed Price

Map


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400 Oak St Street # 408, Old Forge, PA, 18518 is a Multi-Family Home for sale at $399,000 with 8,200 sqft and a lot size of 0.25. 400 Oak St Street # 408 has 8 bedrooms, 3.2 baths, and was built in 1965. The property's zip code is 18518 which is in Old Forge, PA