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224 N River Street Olyphant, PA $ 349,900
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224 N River Street
$ 349,900
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224 N River Street

Olyphant, PA, 18447
$ 349,900
Bedrooms8 Baths6.0 Sq 4,153

Monthly Estimate*

$ 2,209

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Multi-Family Home for sale in Olyphant, PA

for $349,900 with 8 bedrooms and 6 full baths. This 4,153 square foot home was built in 1930 on a lot size of 0.17.

Investor Special! Your opportunity to own a 6-unit multifamily property in the heart of Olyphant, situated along the Lackawanna River & close to walking trails, restaurants, & shoppes. The property features a 4-unit building in the front and a 2-unit building in the rear, offering excellent flexibility with long term month to month tenants with more income potential. The property has been well maintained & many of the units have been upgraded already. A great opportunity for an investor looking to add a solid multifamily property to their portfolio with the potential for future rental growth and continued improvements.

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Multi-Family Active

Price

$ 349,900

Bedrooms

8

Full Bath

6

Property Type

Multi-Family

Taxes

$ 3,421

Style

Multiple Buildings

Lot Size

0.17

Year Built

1930

Town/City

Olyphant

County/Region

Lackawanna

MLS | Web ID

SC264338
Features
General
Living Area 4153
Sewer Public Sewer
Heating Forced Air Separate Meters Natural Gas
Cooling None
Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected
Possession Negotiable
Roof Shingle
Appliances Gas Oven Water Heater Refrigerator Gas Range
Zoning Multi Family
Garage Spaces 0
Patio/Porch Features Porch Rear Porch
Architectural Style Multiple Buildings
Security Features Smoke Detector(s)
Exclusions Washer/Dryer units are owned by tenants.
Year Built 1930
Electric 200+ Amp Service
Tenant Pays Electricity Water Hot Water Gas
Stories Count 2
Levels Two
Property Subtype Multi Family
Tax Year 2026
Current Use Investment Multi-Family
Gross Income 43260
County Lackawanna
Net Operating Income 34995.95
Insurance Expense 3763
New Construction N
Property Type Residential Income
HOA N
Garage Y/N N
Other Structures Second Residence
Full Baths 6
Status Active
Directions Coming from Main Street in Dickson City turn right on W Lackawanna Ave then take a left on Willow left on Grant & then a right on N River.
City Olyphant
Body of Water Lackawanna River
High School District Mid Valley
Zoning Description Multi-Family
Number Of Units Total 6
Tax Annual Amount 3421.05
Current Financing None
Property Condition Updated/Remodeled
Additional Parcels Y/N N
Structure Type Multi Family
Standard Status Active
Year Built Source Owner
Tax Assessed Value 198660
Taxes 3421.05
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Interior
Interior Amenities Eat-in Kitchen
Basement Full Unfinished
Flooring Combination
Furnished Y/N Unfurnished
Basement (Y/N) Y
Above Grade Finished Area 4153
Half Baths 0
Laundry Features In Unit
Total Bedrooms 8
Below Grade Finished Area 0
Total Baths 6
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Exterior
Exterior Amenities Balcony Private Yard
Parking Features Asphalt Off Street On Street Driveway
Lot Features Back Yard City Lot
Water Source Public
Inclusions Gas ranges and refrigerators are owned by Landlord.
Number of Buildings 2
Lot Dimensions 148 X 50
Lot Size Acres 0.17
Road Surface Type Paved
Frontage Type River
Number of Separate Water Meters 6
Number of Separate Gas Meters 6
Number of Separate Electric Meters 6
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Keller Williams Real Estate-Clarks Summit

Broker

nicoledonato@kw.com

Email

Affordability Calculator

$2,494
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,209
Monthly Property Taxes
$285
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2391618 Elementary School
2391685 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/1/2026$349,900 Listed Price

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224 N River Street, Olyphant, PA, 18447 is a Multi-Family Home for sale at $349,900 with 4,153 sqft and a lot size of 0.17. 224 N River Street has 8 bedrooms, 6.0 baths, and was built in 1930. The property's zip code is 18447 which is in Olyphant, PA

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