607 S Valley Avenue, Olyphant, PA 18447

$225,000
Property Type: Residential Income Bedrooms: 4 Baths: 2 Square Footage: 1,992 Status: Active
Current Price: $225,000 List Date: 1/23/2026 Last Modified: 2/05/2026

Description

Versatile Multi-Unit Opportunity in the Heart of Olyphant! Unlock the potential of this unique multi-family property located in the desirable Mid-Valley School District. Featuring two distinct residential units on a single lot, this property is a strategic find for savvy investors, house hackers, or multi-generational families looking for the perfect balance of proximity and privacy. Unit 1 offers a spacious two-story layout, featuring a large living area, dedicated dining room, and kitchen on the main floor. Upstairs, you'll find three comfortable bedrooms and a full bathroom. Unit 2 provides a convenient ranch-style floor plan with one bedroom, a large eat-in kitchen, and two flexible living or dining areas which is ideal for a guest house, rental, or in-law suite. While the ''bones'' are here, the property is ready for your creative touch. It needs some cosmetic sprucing and updates, offering a fantastic opportunity to build immediate sweat equity. This is a value-add opportunity for buyers who understand that paint, flooring, and minor upgrades can go a long way toward increasing equity and income potential. Situated just minutes from local shopping, dining, major employment hubs, and entertainment, the location is as convenient as it is quiet. Whether you want to live in one and let the other pay your mortgage, or add a high-potential asset to your portfolio, this Olyphant gem is ready for its next chapter.

More Information MLS# PW-260150

Contract Information

Listing Service: Full Service Current Price: $225,000 List Price: $225,000 Status: Active Listing Contract Date: 2026-01-23 Property Sub Type: Multi Family

Location, Tax, and Legal

Municipality: Blakely Borough City Region: Olyphant High School District: Mid-Valley School District County Tax Amount: 539.88 Municipal Tax Amount: 63.6 School Tax Amount: 884.09 Tax Annual Amount: 1487.57 Tax Assessed Value: 6000 Parcel Number: 11418020019 Zoning: Residential Tax Book Number: 202508635

General Property Information

Number Of Buildings: 1 Number Of Units Total: 2 Bathrooms Half: 0 Above Grade Finished Area: 1992 Below Grade Finished Area: 0 Above Grade Unfinished Area: 584 Lot Size Acres: 0.07 Association YN: No Year Built Source: Other New Construction YN: No Garage YN: No Garage Spaces: 0 Waterfront YN: No Water Body Name: None Stories: 2 List Price/SqFt: 112.95 Bedrooms Total: 4 Bathrooms Total: 2 Bathrooms Full: 2 Building Area Total: 1992 Year Built: 1912

Remarks and Miscellaneous

Public Remarks: Versatile Multi-Unit Opportunity in the Heart of Olyphant! Unlock the potential of this unique multi-family property located in the desirable Mid-Valley School District. Featuring two distinct residential units on a single lot, this property is a strategic find for savvy investors, house hackers, or multi-generational families looking for the perfect balance of proximity and privacy. Unit 1 offers a spacious two-story layout, featuring a large living area, dedicated dining room, and kitchen on the main floor. Upstairs, you'll find three comfortable bedrooms and a full bathroom. Unit 2 provides a convenient ranch-style floor plan with one bedroom, a large eat-in kitchen, and two flexible living or dining areas which is ideal for a guest house, rental, or in-law suite. While the ''bones'' are here, the property is ready for your creative touch. It needs some cosmetic sprucing and updates, offering a fantastic opportunity to build immediate sweat equity. This is a value-add opportunity for buyers who understand that paint, flooring, and minor upgrades can go a long way toward increasing equity and income potential. Situated just minutes from local shopping, dining, major employment hubs, and entertainment, the location is as convenient as it is quiet. Whether you want to live in one and let the other pay your mortgage, or add a high-potential asset to your portfolio, this Olyphant gem is ready for its next chapter.

Appliances

Electric Range: 1 Refrigerator: 1 Washer: 1

Basement

Concrete: 1 Crawl Space: 1 Full: 1 Unfinished: 1

Common Walls

No Common Walls: 1

Cooling

Ceiling Fan(s): 1

Exterior Features

Awning(s): 1

Flooring

Carpet: 1 Linoleum: 1 Vinyl: 1

Heating

Hot Water: 1 Natural Gas: 1

Interior Features

Eat-in Kitchen: 1 Laminate Counters: 1

Laundry Features

In Basement: 1

Parking Features

None: 1

Patio And Porch Features

Awning(s): 1 Covered: 1 Front Porch: 1 Wrap Around: 1

Road Frontage Type

Alley: 1 City Street: 1

Road Responsibility

Public Maintained Road: 1

Road Surface Type

Alley Paved: 1 Paved: 1

Sewer

Public Sewer: 1

View

City: 1

Water Source

Public: 1

Unit 1

Unit #: 1 Actual Rent: 0 SqFt Total: 1935 Baths Total: 1 Beds Total: 3 Rooms Total: 7 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes Occupied YN: No

Unit 2

Unit #: 2 Actual Rent: 0 SqFt Total: 642 Baths Total: 1 Beds Total: 1 Rooms Total: 5 Dining Room YN: Yes Kitchen YN: Yes Living Room YN: Yes

Meter Information

Number Of Separate Electric Meters: 2 Number Of Separate Gas Meters: 2 Number Of Separate Water Meters: 2

Location Tax and Legal

Street Number: 607 Street Direction Prefix: S Street Name: Valley Street Suffix: Avenue County: Lackawanna City (Post Office): Olyphant State: PA Postal Code: 18447 Subdivision Name: None

Status Change Information

Major Change Timestamp: 2026-01-23T17:07:28Z Major Change Type: New Listing

Property Features

Appliances: Electric Range; Refrigerator; Washer Basement: Concrete; Crawl Space; Full; Unfinished Common Walls: No Common Walls Cooling: Ceiling Fan(s) Exterior Features: Awning(s) Flooring: Carpet; Linoleum; Vinyl Heating: Hot Water; Natural Gas Interior Features: Eat-in Kitchen; Laminate Counters Laundry Features: In Basement Parking Features: None Patio And Porch Features: Awning(s); Covered; Front Porch; Wrap Around Road Frontage Type: Alley; City Street Road Responsibility: Public Maintained Road Road Surface Type: Alley Paved; Paved Sewer: Public Sewer Water Source: Public

Documents

Listing Office: Davis R. Chant - Lake Wallenpaupack
Last Updated: February - 05 - 2026
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