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Six-Unit Apartment Building

111 Old River Road, Wilkes Barre, PA 18702

For Sale
$479,000

Residential Income, Wilkes-Barre, PA

Property Size6,098 SF
Lot Size0.14 Acres
Price / SF$78.55
Days on Market190

Property Features for 111 Old River Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning C
Bedrooms 9
Bathrooms 6
Full bathrooms 6
Rooms Bedroom 8, Bedroom 6, Bathroom 1, Bathroom 4, Bedroom 5, Bathroom 3, Bedroom 7, Bedroom 4, Bedroom 3, Bathroom 5, Bathroom 2, Bedroom 1, Bedroom 9, Bathroom 6, Bedroom 2
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 Right
Standard status Active
APN 73H9SW2006015
Size 6,098 SF
Lot size 0.14 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description 73-12-2-413-10 111 Old River Rd
Tax Annual Amount 1320
Legal Description 73-12-2-413-10 111 Old River Rd

Building Details

Year built 1930
Floors in Building 2
Number of units 6
Buildings 1
Listing Agency: ERA One Source Realty · ERA Real Estate
Listed By: Sunita Arora · License PA RM061605A
Added: May 7 Changed: Oct 24 Last Checked: Nov 12 at 6:06PM
MLS# SC262044

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.

Rey
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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 constructed in 1930. The property is fully rented and includes a new roof, a new concrete walkway, and off-street parking positioned behind the building. C zoning is identified for the property.

The building is located in Wilkes-Barre near major highways, schools, shopping, and downtown. Its existing apartment configuration, leased status, and recent exterior work provide a defined multifamily asset profile.

Key Highlights

  • 6‑unit apartment building with 6,098 square feet
  • Fully rented multifamily property
  • New roof and concrete walkway

Property Analytics

Who owns this building? See the owner, sales and loan history
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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Luzerne County, PA

$106 Jul
$113 Aug
$93.19 Sep
$94.64 Oct

Properties on Market for Apartment buildings in Luzerne County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased multifamily property with recent exterior improvements and rear off-street parking.
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 multifamily property; New roof and concrete walkway
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