Single Family Residence For Sale - 128 VALLEY ST, LEWISTOWN, PA 17044

128 VALLEY ST, LEWISTOWN, 17044, PA
Listing photo 2
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Explore this Property

Excellent opportunity to add a stabilized 5-unit multifamily property to your investment portfolio in Lewistown! This property offers an attractive combination of existing rental income, tenant stability, and additional value-add potential. Two of the five units have undergone recent updates and renovations, while two units are occupied by long-term tenants. Four units are currently on annual leases, with the remaining unit on a month-to-month lease, providing a strong existing rental base with flexibility for future ownership. Capital improvements include the replacement of one of the building’s roofs in spring 2026, new treads and reinforcement of the rear exterior stairs and new exterior basement door. While the property is already stabilized, there remains opportunity for an investor to continue improving the asset, enhance operations, and potentially increase its long-term performance. Whether you're looking to expand an existing portfolio or acquire a multi-unit property with income already in place, this is an opportunity to step into an established asset while still having room to add value. 5 units. Existing income. Recent improvements. Additional upside. Schedule your showing and explore the potential this Lewistown investment has to offer. THE OWNERS ARE LICENSED REAL ESTATE AGENTS IN THE COMMONWEALTH OF PENNSYLVANIA

MLS# PAMF2053598
Realty One Group Landmark
Active For Sale Residential
$299,900
8 beds • 5 baths • 3626 sqft
Single Family Residence
Detached
1940 Year built
1 days on market

Property Features

Area
3626
Type
RES
Acres
0.13
Style
Other
Cooling
None
Heating
Baseboard - Electric
Stories
3
Sub Type
SingleFamilyResidence
Bedrooms
8
Bathrooms
5
Baths Full
5
Year Built
1940
Area Source
Assessor
Foundation
Stone
Sub Type Text
Detached
Subdivision
NONE AVAILABLE
Construction
Brick
Accessibility
None
Lot Size Area Units
Square Feet

Location

Directions: From US-22/322, take the Lewistown exit toward US-522 S/E Walnut St. Continue into Lewistown, follow US-522/E Walnut St, turn onto Valley Street, and continue to 128 Valley St. Property will be on Valley Street

Market Area: Lewistown Boro (156010)

Schools

District
MIFFLIN COUNTY

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I’m Kelcey Brown, a REALTOR® with Jack Pedersen Realty. I help buyers and sellers navigate real estate across South Jersey with clear communication, thoughtful preparation and support from the first conversation through closing.

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