Luzerne PA Real Estate &

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Beds:
12
Baths:
7.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
SC262336
Type:
Other
Lot size:
0.61 Acres
Year built:
1950
Courtesy: Revolve Real Estate 570-800-6861
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ADDITIONAL INFORMATION

** TWO MULTI FAMILYS ON ONE DEED! TOTAL OF 6 UNITS!** This unique investment opportunity includes two parcels on a double lot -- 273 Kelly Street and Miller Street -- offering exceptional redevelopment potential in a growing area. Formerly a retail/mixed-use property, the building has already been re-zoned for multi-family use, creating endless possibilities for investors, developers, or owner-operators looking to maximize value.The property currently consists of 2 existing units with the potential to add additional residential units, subject to zoning approval, building code compliance, and required parking regulations. One existing retail space is already laid out similarly to a residential apartment and can easily be converted into 2 separate units with minimal work, including framing a dividing wall and adding a small kitchen. An additional retail space on the right-hand side also offers the potential for another residential unit and is ready for a full renovation.A major bonus is the approved concept plan for a future parking lot located on the vacant lot behind 701 Miller Street, which is included in the same parcel ownership. This provides the opportunity to create the required parking needed to support additional residential development.Whether you're looking to expand your rental portfolio, create a multi-family redevelopment project, or capitalize on a value-add opportunity, this property offers flexibility, strong upside potential, and room for growth.Property tax: $3576 a yearSewer Usage: $343 a year ($49 per unit)Sewer Bill: $1820 a year ($65 per unit quarterly)Insurance: $2,588

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Andrea D. Conner, License RM425337, Xome Inc., License RB067821, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067



Listings courtesy of Greater Scranton MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Copyright © 2026 Greater Scranton Board of REALTORS®. All rights reserved.



Luzerne Real Estate

Luzerne is located in Pennsylvania. Luzerne, Pennsylvania has a population of 2,721. Luzerne is less family-centric than the surrounding county with 8.56% of the households containing married families with children. The county average for households married with children is 24.34%.

The median household income in Luzerne, Pennsylvania is $40,674. The median household income for the surrounding county is $56,534 compared to the national median of $69,021. The median age of people living in Luzerne is 50.6 years.

Luzerne Weather

The average high temperature in July is 81.8 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 41.5 inches per year, with 36.9 inches of snow per year.

Luzerne Map

Luzerne Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    17
    30-day change

Luzerne Schools and Demographics

Education near Luzerne, PA

City County
High School Graduates 90.85 90.22
College Degree - 2 year 15.95 10.59
College Degree - 4 year 12.65 24.02
Graduate Degree 1.08 6.73
Expenditures per Student 17,203 17,203
Students per Teacher 15.8 15.8

Elementary Schools near Luzerne, PA

Grades Students P/T Ratio ZIP
Chester Street Elementary School 01 - 05 200 14.9 18704
Dana El Center KG - 05 560 16.2 18704
Daniel J Flood Elementary School KG - 06 611 14.8 18705
Schuyler Avenue Elementary School KG - 05 220 13.8 18704
Solomon/Plains Elementary School KG - 06 880 15 18705
State El Center KG - 05 1,170 14.8 18704
Tenth Street Elementary School KG - 06 521 16.2 18644
Third Avenue Elementary School KG - 05 152 15.8 18704

Middle Schools near Luzerne, PA

Grades Students P/T Ratio ZIP
Solomon/Plains Junior High School 07 - 08 473 12.1 18705
Wyoming Valley West Middle School 06 - 08 1,133 15.1 18704

High Schools near Luzerne, PA

Grades Students P/T Ratio ZIP
James M Coughlin Junior/Senior High School 09 - 12 955 14.6 18701

Demographics near Luzerne, PA

City County
Neighborhood Type Small town
Population 2,721 324,825
Population Density 3,949 365
Median Age 50.6 42.4
People per Household 1.9 2.4
Median Household Income 40,674 56,534
Average Income per Capita 28,867 31,166

Real estate near Luzerne