Property photo 1
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8 Beds
5 Baths
3,626 sqft

$299,900

128 VALLEY STREET, LEWISTOWN PA, 17044

Price per sqft$82.71
Built in1940
Property size3,626 sqft
Property typeResidential

Overview

Active

Active-bright

Listed Oct 4, 2026

Updated 3 days ago

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

$1,995/mo

Est. mortgage payment based on a $299,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
PAMF2053598

Interior Features

Bedrooms
8
Bathrooms
5
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.13 Acres

Other Property Details

Taxes
$1,161
Tax Frequency
Annually
55+/Senior Community
No
MLS provider logo

Listed by Realty One Group Landmark
Listing Contact: 7173435848 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/5/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/5/2026 at 3:46 AM UTC

 

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