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    Renovated Multifamily Property in Wilkes-Barre
    Updated: Mar 21
    Renovated Multifamily Property in Wilkes-Barre

    Wilkes Barre, PA 18702

    $500,000
    5,100 sqft
    Stable in‑place income from a multi‑family property.
    Recent renovations enhance property value and appeal.
    Tenants pay their own utilities, reducing landlord expenses.
    Opportunity to increase income beyond current levels.
    Mix of one, two, and three‑bedroom apartments caters to diverse tenant needs.
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    This listing looks promising.

    Here's a quick look at some key insights for

    273 New Hancock St, Wilkes-Barre, PA 18702

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $38K
      Annual

    • Price @ 7% Cap

      $545K
      Above asking
    View Property Analytics
    11-Unit Apartment Building
    Updated: Jul 15
    11-Unit Apartment Building

    Wilkes Barre, PA 18701

    $679,000
    6,800 sqft 0.20 AC lot
    11‑unit multi‑family building with a mix of one‑bedroom and studio‑type apartments
    Built in 1930 with brick and wood siding construction materials
    Public water and public sewer services
    Steam and natural gas heating systems
    Wood, carpet, and vinyl flooring
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    Eight-Unit Townhouse Portfolio
    Eight-Unit Townhouse Portfolio

    Wilkes Barre, PA 18702

    $1,200,000
    10,400 sqft 0.56 AC lot

    Tenant-occupied, townhouse-style units with private entrances and garage parking.

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    Apartment Building with 5 Units
    Apartment Building with 5 Units

    Wilkes Barre, PA 18702

    $350,000
    8,400 sqft 0.11 AC lot

    Five-unit apartment building with separate utilities, including one vacant unit and four units with active month-to-month or owner occupancy.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    11-Unit Residential Income Property
    11-Unit Residential Income Property

    292 S Franklin St, Wilkes Barre, PA 18701

    $679,000
    6,800 sqft

    Apartment building with a mix of studio and one-bedroom units, offered for sale as a residential income property.

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    Multifamily Building with Off-Street Parking
    Multifamily Building with Off-Street Parking

    Wilkes Barre, PA 18702

    $479,000
    6,098 sqft 0.14 AC lot

    Six-unit residential income property with recent exterior improvements and off-street parking to support steady occupancy.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    Wilkes Barre, PA 18702

    $479,000
    6,098 sqft 0.14 AC lot

    Fully rented six-unit building with recent exterior improvements and off-street parking at the rear.

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    Townhome Multifamily Portfolio
    Townhome Multifamily Portfolio

    40 S HANCOCK ST, Wilkes Barre, PA 18702

    $1,200,000
    10,400 sqft

    Eight tenant-occupied townhomes across four parcels, each with 3 beds, 2 baths, and individually metered utilities.

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    Renovated 55+ Apartment Building
    Renovated 55+ Apartment Building

    20 Casey Ave, Wilkes Barre Township, PA 18702

    $4,250,000
    2.50 AC lot

    Fully renovated 30-unit apartment building operating as a 55+ community with ample parking and turnkey management.

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    6-Unit Multifamily with Parking Lot
    6-Unit Multifamily with Parking Lot

    73 S WELLES ST, Wilkes Barre, PA 18702

    Contact for pricing

    Six-unit multifamily with an additional parking lot; five units are currently occupied and tenants pay most utilities.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 10 Active listings in Wilkes Barre, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Five-Unit Multifamily Property
    Five-Unit Multifamily Property

    162-164 Oliver Street, Swoyersville, PA 18704

    $415,000
    4,350 sqft 0.21 AC lot

    Well-maintained five-unit building with a mix of unit sizes and recent mechanical upgrades.

    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    26 Bohac Street, Swoyersville, PA 18704

    $399,000
    3,300 sqft 0.08 AC lot

    Well-maintained five-unit building with vinyl flooring and carpeting, with appliances included in each apartment.

    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    26 Bohac St, Kingston, PA

    $429,000
    3,300 sqft

    Well-maintained five-apartment property with durable flooring, in-unit appliances, and tenant-friendly utility responsibilities.

    View details
    Three-Story Apartment Building
    Three-Story Apartment Building

    146 East Walnut Street, Kingston, PA 18704

    Contact for pricing

    Five three-story buildings with 60 residential units provide a straightforward multifamily holding for buyers.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Off-Market Properties in Wilkes Barre, PA

    Consider similar Off-Market properties in Wilkes Barre, PA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    485 Franklin St
    APARTMENT HOUSE (5+ UNITS)

    485 Franklin St, Wilkes Barre, PA 18702-3762

    Value Estimation by Request
    0.17 AC lot
    View details
    370 Scott St
    APARTMENT HOUSE (5+ UNITS)

    370 Scott St, Wilkes Barre, PA 18702-5542

    $675,000
    Estimated value
    0.12 AC lot
    View details
    58-62 Sherman St
    APARTMENT HOUSE (5+ UNITS)

    58-62 Sherman St, Wilkes Barre, PA 18702

    Value Estimation by Request
    0.18 AC lot
    View details
    175 Old Riv Rd
    APARTMENT HOUSE (5+ UNITS)

    175 Old Riv Rd, Wilkes Barre, PA 18702-1627

    Value Estimation by Request
    0.16 AC lot
    View details
    98 Park Ave
    APARTMENT HOUSE (5+ UNITS)

    98 Park Ave, Wilkes Barre, PA 18702-5822

    Value Estimation by Request
    0.13 AC lot
    View details
    281 Franklin St
    APARTMENT HOUSE (5+ UNITS)

    281 Franklin St, Wilkes Barre, PA 18701-1037

    $560,000
    Estimated value
    0.17 AC lot
    View details
    423 Scott St
    APARTMENT HOUSE (5+ UNITS)

    423 Scott St, Wilkes Barre, PA 18702-5545

    $580,000
    Estimated value
    0.15 AC lot
    View details
    269 Scott St
    APARTMENT HOUSE (5+ UNITS)

    269 Scott St, Wilkes Barre, PA 18702-5544

    Value Estimation by Request
    0.19 AC lot
    View details
    114 New Alexander St
    APARTMENT HOUSE (5+ UNITS)

    114 New Alexander St, Wilkes Barre, PA 18702-2142

    Value Estimation by Request
    0.17 AC lot
    View details
    140 Riv St
    APARTMENT HOUSE (5+ UNITS)

    140 Riv St, Wilkes Barre, PA 18702-2349

    $655,000
    Estimated value
    0.28 AC lot
    View details
    28 Senate Dr
    GARDEN APT, COURT APT (5+ UNITS)

    28 Senate Dr, Mountain Top, PA 18707-2319

    $1,900,000
    Estimated value
    4.55 AC lot
    View details
    384 Franklin St
    GARDEN APT, COURT APT (5+ UNITS)

    384 Franklin St, Wilkes Barre, PA 18702-3852

    $585,000
    Estimated value
    0.06 AC lot
    View details
    405 Franklin St
    APARTMENT HOUSE (5+ UNITS)

    405 Franklin St, Wilkes Barre, PA 18702-3837

    Value Estimation by Request
    0.48 AC lot
    View details
    44 Eagle Ct
    GARDEN APT, COURT APT (5+ UNITS)

    44 Eagle Ct, Wilkes Barre, PA 18706-3043

    Value Estimation by Request
    10.35 AC lot
    View details

    Wilkes Barre, PA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Wilkes Barre, PA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 60,096 square feet of properties for sale, with an estimated market value of $9,816,000.

    Sale prices for two-family homes in Wilkes Barre, PA start at $350,000, averaging $1,090,666, and reaching up to $4,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 137K
    Population Growth (5Y) +4.6%
    Median Household Income $65,446
    College Educated 17.3%

    High-Yield Neighborhoods for Investment

    Identify Wilkes Barre submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    18702 $1.6M

    Taxes & Financing

    Tax Rate (average for all types) 2.72%
    Property Tax per SF $22.03 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Luzerne County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Luzerne County

    Retail

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    Most Searched ZIP Codes in Wilkes Barre, PA

    • 18702
    • 18701

    Featured Wilkes Barre Real Estate Agencies

    Realmo connects you with licensed Wilkes Barre CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    NAI Mertz Wilkes Barre
    Wilkes Barre, PA 18702
    www.naiglobal.com/members/nai-mertz-of-pa-wilkes-barre
    Lawrence Real Estate LLC
    Wilkes Barre, PA 18702

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