$599,000
- 12 Beds
- 5 Baths
- 4,850 Sq Ft
1335 Lake Rd, Factoryville, PA 18419
Jason Giomboni LUZERNE COUNTY ASSOCIATION OF REALTORS
$599,000
1335 Lake Rd, Factoryville, PA 18419
Jason Giomboni LUZERNE COUNTY ASSOCIATION OF REALTORS
$210,000
105 College Ave, Factoryville, PA 18419
Diane Stracham ERA One Source Realty
Factoryville, Pennsylvania, is a small borough located in the mountains of northeastern Pennsylvania, approximately 14 miles from Scranton. Known for its historical roots as a former textile factory town, Factoryville now houses Keystone College and has a population of around 1,000 residents. The town features narrow, two-lane streets with raised sidewalks and limited shopping and dining options, encouraging locals to explore nearby hiking and biking trails or drive into Scranton for additional amenities. Housing in Factoryville includes older homes in downtown, some dating back to the late 1800s, and larger lots with ranch and log cabin-style dwellings outside of town. The community is served by Lackawanna Trail Elementary and Lackawanna Trail Junior-Senior High School, which offer various clubs and a strong football program. Keystone College, offering over 40 undergraduate majors, plays a significant role in the community. Factoryville residents often commute to nearby cities like Scranton, Tunkhannock, and Mehoopany, with Seaman’s Airport located about 3 miles from downtown for single-engine plane takeoffs. For major flights, Wilkes-Barre Scranton International Airport is 25 miles away. Dining options include the Bluebird Diner II and a Steak n Shake near Keystone College, while grocery shopping is available in Chinchilla, 7 miles southeast. Outdoor activities are popular, with trails like Trolley Trail and Keystone College Trail offering birding and biking opportunities. Lackawanna State Park, centered around a nearly 200-acre lake, is about 5 miles east. Factoryville also hosts community events such as an annual Christmas market and Christy Mathewson Day each August, celebrating the baseball legend born in the town.
On average, homes in Factoryville, PA sell after 46 days on the market compared to the national average of 52 days. The median sale price for homes in Factoryville, PA over the last 12 months is $266,500, up 3% from the median home sale price over the previous 12 months.
In Factoryville, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $210,000 to $599,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Factoryville is $304,950, while the average sale price is $392,870, offering insights into the local housing market. On average, multi-family homes spend 46 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Factoryville, PA.