This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
$299,900
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/3
Property Description
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
Full Property Details
Full Property Details for 128 Valley St
General
- Price: $299,900
- Taxes: $1,161 (2026)
- Status: Active
- Type: Single Family
- Source: BrightMLSPhilly
- MLS ID: PAMF2053598
- Updated: 10/4/2026
- Added to Site: 11 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Upper Floor Baths: 2
- Upper - Full Baths: 2
- Main Floor Baths: 3
- Main - Full Baths: 3
Bedrooms
- Total Bedrooms: 8
- Bedrooms Upper: 4
- Bedrooms Main & Up: 4
Parking
- Parking Type: On Street, Off Street
Location
- Area: Lewistown Boro (156010)
- Municipality: LEWISTOWN BORO
- County: MIFFLIN
- Driving Directions: From US-22/322, take the Lewistown exit toward US-522 S/E Walnut St. Continue into Lewistown, follow US-522/E Walnut St, turn onto Valley Street, and continue to 128 Valley St. Property will be on Valley Street
School Information
- School District: Mifflin County
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Detached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Poured Concrete, Dirt Floor
- Foundation: Stone
- Stories Description: Main, Upper 1
- Square Feet: 5,166
- Sq. Ft. Source: Assessor
- Living Area: 3,626 Sq. Ft.
- Finished Above Grnd: 3,626 Sq. Ft.
- Year Built: 1940
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,662
- Lot Size Source: Estimated
- Frontage Feet: 30
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $82.71
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $1,161
- Tax Amount: $1,161
- Tax Year: 2026
- Tax Total Finished Sq. Ft.: 3626
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: ALL TENANT PERSONAL PROPERTY
Listed by Realty One Group Landmark, Devin Bowersox
Get Pre-Approved Today
Schools
Schools serving 128 Valley St
School District:Mifflin County School District
| Name | Grades | Distance |
|---|---|---|
Lewistown Intrmd School 212 Green Avenue, Lewistown, PA 17044 | 4-5 | 0.6 mi |
Lewistown El School 1 Manor Drive, Lewistown, PA 17044 | K-3 | 0.7 mi |
Mifflin Co Ms 2 Manor Drive, Lewistown, PA 17044 | 6-7 | 0.7 mi |
Mifflin Co Jhs 700 Cedar Street, Lewistown, PA 17044 | 8-9 | 1.6 mi |
Mifflin Co High School 501 West 6th Street, Lewistown, PA 17044 | 10-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 128 Valley St
Date
Details
Price
Change
Source
10/04/2026
Listed
$299,900
274.88%
MLS
7/27/2016
Sold
$80,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 128 Valley St
Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,161
3%
$16,700
—
2025
$1,129
—
$16,700
—
2024
$1,129
2%
$16,700
—
2023
$1,104
—
$16,700
—
2021
$1,104
—
$16,700
—
2020
$1,104
—
$16,700
—
2019
$1,104
1%
$16,700
—
2017
$1,090
—
$16,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 128 Valley St
128 Valley Street, Lewistown, PA 17044 (MLS# PAMF2053598) is a Single Family property with 8 bedrooms and 5 full bathrooms. 128 Valley Street is currently listed for $299,900 and was received on October 04, 2026. Want to learn more about 128 Valley Street? Do you have questions about finding other Single Family real estate for sale in Lewistown? You can browse all Lewistown real estate or contact a Coldwell Banker agent to request more information.
