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6-Unit Apartment Building
For Sale
$479,000

111 Old River Road, Wilkes Barre, PA 18702

Commercial Sale, Wilkes-Barre, PA

Property Size6,098 SF
Lot Size0.14 Acres
Price / SF$78.55
Days on Market127

Property Features for 111 Old River Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning C
Zoning description Commercial
Rooms Basement
Parking features On Street
Lot features Level
Elementary school district Wilkes-Barre Area
Middle school district Wilkes-Barre Area
High school district Wilkes-Barre Area
Directions From Academy St, Turn left on Old River Rd, property on the Right
Standard status Active
APN 73H9SW2006015000
Size 6,098 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5112

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Steam
Water source Public

Amenities

off-street parking

Building Details

Year built 1930
Floors in Building 2
Number of units 6
Flooring type Vinyl, Carpet
Building materials Stucco
Roof type Wood, Composition
Listing Agency: ERA One Source Realty · ERA Real Estate
Listed By: Sunita Arora · License #RM061605A
Added: Apr 24 Changed: Aug 19 Last Checked: Aug 28 at 10:06PM
MLS# SC261764

Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 6-unit apartment building contains 6,098 square feet on a 0.14-acre parcel and was built in 1930. The property is fully rented and includes basement space, carpet and vinyl flooring, steam heat powered by natural gas, and a recently installed roof. A new concrete walkway adds to the exterior improvements.

Located in Wilkes-Barre, the property offers access to major highways, schools, shopping, and downtown. The building is served by public water and public sewer and is zoned C.

Key Highlights

  • 6‑unit apartment building with 6,098 square feet
  • Fully rented property
  • Situated on 0.14 acres

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Plumbing Service Skin Care Clinic Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

666
Businesses Nearby

Demographics for 18702, PA

42,133
Population
19,738
Households
2.1
Avg Household Size
40
Median Age
23%
College-Educated
87%
High-School Grad
78.1 sq mi
ZIP Area
539
Density / Sq Mi
$54,892
Median Household Income
$36,911
Median Earnings
$971
Median Rent
$115,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied apartment property with public water and sewer service.
Where is this apartment building located?
The property is located at 111 Old River Road Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: 6‑unit apartment building with 6,098 square feet; Fully rented property; Situated on 0.14 acres
More about this property
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