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$225,000
607 S Valley Avenue
Olyphant, PA 18447
MLS# PW-260150
4 beds  |  2 baths  |  1992 sqft
 | 
2 Homes for Sale
  1 / 67  
2 Homes for Sale Front Exterior 2 Homes for Sale Front Unit Living Room Front Unit Living Room Front Unit Living Room Front Unit Living Room Front Unit Living Room Front Unit Living Room Front Unit Kitchen Front Unit Kitchen Front Unit Kitchen Front Unit Kitchen Front Unit Kitchen Area Front Unit Kitchen Front Unit Kitchen Front Unit Kitchen Front Unit Bedroom Front Unit Bedroom Front Unit Bedroom Front Unit Bedroom Front Unit Bedroom 2 Front Unit Bedroom 2 Front Unit Bedroom 2 Front Unit Bathroom Front Unit Bedroom 3 Front Unit Bedroom 3 Front Unit Bedroom 3 Front Unit Basement Front Unit Basement Front Unit Basement Front Unit Basement Front Exterior Front Exterior Front Exterior Front Exterior Front Exterior Rear Unt Exterior Rear Unt Exterior Rear Unt Exterior Rear Unt Exterior Rear Unit Kitchen Rear Unit Kitchen Rear Unit Bedroom Rear Unit Bedroom Rear Unit Bedroom Rear Unit Bedroom Rear Unit Bedroom Rear Unit Bathrooom Rear Unit Bathroom Rear Unit Living Room Rear Unit Living Room Rear Unit Living Room Rear Unit Living Room Rear Unit Living Room Rear Unit Living Room Rear Unit Living Room Rear Unit Living Room Rear Unit Kitchen Aerial View Aerial 1 Aerial 2 Aerial 3 Floor 1 (Rear) Basement (Front) Main Floor (Front) Upper Floor (Front)

Property 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.

Details
Documents
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
Living Area: 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
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
Listing Office: Davis R. Chant - Lake Wallenpaupack

Last Updated: February - 05 - 2026

Information displayed on this website on listings other than those of the website owner is displayed with permission of the Pike Wayne Association of REALTORS and Broker/Participants of the Pike Wayne MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently.

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