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MLS: #PAMF2053562, Listed By: Kathryn Mardis, Iron Valley Real Estate of Lancaster, Source:Bright MLS

170 Valley Street

LEWISTOWN, PA 17044
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Bed 11

Bed

Bath 0

Bath

SqFt5,000

Sqft

Acres0.10

Acre(Lot)

This unique investment opportunity offers a combination of existing rental income and substantial redevelopment potential across three adjoining properties in Lewistown with nursing schools and hospitals in the area to drive demand. 170 Valley St provides the immediate income component of the package, with 5 residential units already renovated and occupied. Residential units, along with a large garage are generating $4,790.00 per month. This creates the opportunity for the front building to help carry the property and offset expenses while renovations are completed on the two buildings located behind it. 14 S Spruce St offers an excellent value-add opportunity with the potential to be renovated into a two-unit residential property, one 1 Bedroom unit and one 2 Bedroom unit. This buildin g has a NEW roof and 2 new electrical panels. 12 S Spruce St provides even greater flexibility. The building offers the potential to be repositioned as a rooming house or developed as a mixed-use property featuring a storefront or commercial space on the lower level with residential units above. Its open layout gives an investor the ability to explore several redevelopment strategies depending on their business plan and applicable municipal approvals. Lewistown continues to offer demand for rental housing, making this an opportunity for an investor looking to create additional units and expand cash flow over time. The ability to generate income from the existing front property while renovating and repositioning the two rear buildings creates a particularly attractive setup for a phased redevelopment strategy. Whether the goal is traditional apartments, room rentals, mixed-use space, or a combination of strategies, this property package offers multiple paths to create value. Bring your vision, explore the possibilities, and take advantage of the opportunity to build a larger income-producing property in an area with continued rental demand. Schedule your showing today and see what this unique Lewistown investment could become.

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Detail Ic Property Details

Property Type : Residential Income

Price : $454,900

AD Id : 91436476

MLS Id : PAMF2053562

Beds : 11

Lot Size : 0.10 Acre

Living Area Size : 5,000 Sq. Ft

Tax Amount : $4,077

Year Built : --

County : MIFFLIN

Subdivision: None Available

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Map

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Feature Features

  • Bedroom Information

    Total beds: 11

    Room Information

    Has Basement: Yes Basement: Full
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Ductless, Electric

  • Building Information

    Building Area Total: 5000 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.1 Lot Size Source: Estimated Lot Size Square Feet: 4287

    Property Information

    Subdivision: NONE AVAILABLE Source Property Type: Residential Income Postal Code Plus 4: 1853 Zoning Description: Mixed Use , Residential Property SubType: Townhouse

  • Listing Price Information

    Listing Price: $454900

  • Tax Information

    Parcel Number: 04 ,02-0100--,000 Tax Year: 2025 Annual Tax: $4077

  • Parking Information

    On Street

  • School Information

    Elementary School:
    Junior High School:
    Senior High School: MIFFLIN COUNTY HIGH
  • Location Information

    Direction: RT 322 to Valley Rd WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
144 HAWSBRICK STREET Lo.., Lewistown, PA, 17044 $60,000 2 1 -- 0.28 Acre
2150 Back Maitland Road, Lewistown, PA, 17044 $270,000 3 2 1,526 1.63 Acres
60 N Ridgley Avenue, Lewistown, PA, 17044 $435,000 4 2 2,558 3.28 Acres
71 Lewland Cir, Lewistown, PA, 17044 $229,900 3 1 1,763 0.52 Acre
21 Cambridge Lane, Lewistown, PA, 17044 $325,000 3 2 1,728 0.25 Acre
5 Winding Way, Lewistown, PA, 17044 $299,900 3 2 2,506 0.21 Acre
1 Winding Way, Lewistown, PA, 17044 $274,900 4 4 2,596 0.17 Acre
18 Sunset Road, Lewistown, PA, 17044 $280,000 3 2 1,998 0.43 Acre
265 Blue Mountain Drive.., Lewistown, PA, 17044 $310,000 2 2 2,876 1.57 Acres
422 Princeton Street, Lewistown, PA, 17044 $165,000 4 2 1,467 0.22 Acre

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 10/01/2026 @ 13:59

MLS: PAMF2053562 LISTED BY: Kathryn Mardis, Iron Valley Real Estate of Lancaster 717-740-2221 SOURCE: Bright MLS

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