323 Vaughn Street, Luzerne
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About This Property
Investor alert! Located in a highly desirable Luzerne neighborhood, this oversized 2-Unit Multifamily delivers serious cash flow with a projected 12.65% Cap Rate once the vacant Unit is leased at its previous rate. Each side offers a spacious 3-bedroom, 1-bathroom layout with strong rental demand. One Unit was just fully renovated with a brand-new stove, dishwasher and modern finishes, while the second Unit was previously renovated and provides immediate income with upside potential. Tenants will love the open floor plans, large bedrooms, washer/dryer hookups, ceiling fans, front porches, plus a large yard and off-street parking, features that keep Units filled! Separate utilities across the board and electric heat mean low overhead and no furnace maintenance, keeping your expenses tight and your returns strong. Whether you're scaling your portfolio or locking in a high-yield first investment, this is a true money-maker. Opportunities like this don't sit, schedule your showing before it's gone!
This property has sold and is no longer on the market. It sold for $228,900 in May 2026. Contact us for other recent sales nearby. Listed by Christian Saunders Real Estate.
Property Details
The Property
- Property Type
- Residential Income
- Sub-Type
- Multi Family
- Condition
- Good
Interior
- Basement
- Concrete
- Interior Features
- Drywall
- Included
- (2) Stoves, (1) Refrigerator, (1) Dishwasher
Systems
- Heating
- Electric Baseboard
- Water
- Public
- Sewer
- Public Sewer
Exterior & Lot
- Exterior
- Vinyl Siding, Wood Siding
- Roof
- Composition
- Lot Dimensions
- 49x183
Location
- County
- Luzerne County
- School District
- Wyoming Valley West
- Zoning
- Residential
Costs & Listing
- Annual Taxes
- $2,356
- Gross Income
- $32,700
- Cap Rate
- 14.25%
- MLS #
- 26-1675
- Listed By
- Christian Saunders Real Estate
Sale History at This Address
- May 2026 · this sale$228,900
- March 2025 · MLS #25-960$195,000
Between March 2025 and May 2026 the sale price for this address rose $33,900 (17.4%). Prices are as reported at closing.
What Is Your Luzerne Home Worth?
Recent sales like this one set the price for homes in Luzerne. One of our agents will review them and prepare a valuation for your home.
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Other Sold Homes In Luzerne
- 258 Charles Street, Luzerne · Sold August 2026
- 286 Main Street, Luzerne · Sold August 2026
- 337 Walnut Street, Luzerne · Sold August 2026
- 837 Miller Street, Luzerne · Sold August 2026
- 941 Bennett Street, Luzerne · Sold August 2026
- 380 Walnut Street, Luzerne · Sold August 2026
- 735 Bennett Street, Luzerne · Sold July 2026
- 189 Sly Street, Luzerne · Sold July 2026