207 Milwaukee Ave Old Forge, PA 18518
Old Forge AreaEstimated payment $3,766/month
About This Home
Cash flow and equity gains on this 8 unit property in old forge! 7/8 units are leased. Multiple units have been modernized. Own the entire corner lot featuring: a 5 unit, a 2 unit, and a mobile home. Ample off street parking and convenient location to both the Wilkes barre and scranton metro areas make this property a great pick to add to your portfolio. Call today to schedule a private tour
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,855
Lot Details
- Lot Dimensions are 167x177x150x103
Parking
- Off-Street Parking
Home Design
- 7,500 Sq Ft Home
- Fire Rated Drywall
- Composition Shingle Roof
- Aluminum Siding
Bedrooms and Bathrooms
- 11 Bedrooms
- 8 Full Bathrooms
Utilities
- No Cooling
- Hot Water Heating System
- Electric Baseboard Heater
Listing and Financial Details
- $21,500 per year additional tax assessments
Community Details
Overview
- 8 Units
Building Details
- Water Sewer Expense $1,972
- Real Estate Tax Expense $5,855
- Gross Income $80,940
- Net Operating Income $65,861
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $24,746 | $157,400 | $34,870 | $122,530 |
| 2025 | $1,815 | $7,000 | $0 | $7,000 |
| 2024 | $1,619 | $7,000 | $0 | $7,000 |
| 2023 | $1,619 | $7,000 | $0 | $7,000 |
| 2022 | $1,565 | $7,000 | $0 | $7,000 |
| 2021 | $1,522 | $7,000 | $0 | $7,000 |
| 2020 | $1,504 | $7,000 | $0 | $7,000 |
| 2019 | $1,441 | $7,000 | $0 | $7,000 |
| 2018 | $1,427 | $7,000 | $0 | $7,000 |
| 2017 | $1,427 | $7,000 | $0 | $7,000 |
| 2016 | $784 | $7,000 | $0 | $0 |
| 2015 | -- | $7,000 | $0 | $0 |
| 2014 | -- | $7,000 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/02/2026 06/02/26 | For Sale | $594,000 | 0.0% | $79 / Sq Ft |
| 05/31/2026 05/31/26 | Off Market | $594,000 | -- | -- |
| 03/06/2026 03/06/26 | Price Changed | $594,000 | -0.8% | $79 / Sq Ft |
| 05/21/2025 05/21/25 | For Sale | $599,000 | -- | $80 / Sq Ft |
Source: Luzerne County Association of REALTORS®
MLS Number: 25-2470
APN: 18407010029
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Ask me questions while you tour the home.