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Remodeled Downtown Triplex
For Sale
Contact for pricing
Pending

16 Pershing St, Wilkes Barre, PA 18702

Three fully rented units feature vinyl plank flooring and updated interiors with kitchen appliances and in-unit washer/dryer hookup.

Property SizeContact for details
Days on Market140

Property Features for 16 Pershing St

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 3

Building Details

Tenancy Multi
Listing Agency: ERA One Source Realty
Listed By: Sunita Arora · License #RM061605A
Source: Crexi
Added: Apr 11 Changed: Aug 27 Last Checked: Aug 26 at 12:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ERA One Source Realty

Investment Insights

Based on property information with market context.

This three-unit triplex is fully rented and presented as a residential income property with remodels and updates throughout. Interiors include vinyl plank flooring throughout, and each unit has a large eat-in kitchen with new appliances, plus washer/dryer hookups. An enclosed rear area provides additional outdoor/porch space or extra storage. Tenant utility responsibility includes electric, gas, and trash, while water and sewer are included.

The property is located in the downtown Wilkes-Barre area, just behind King’s College. Nearby River Common offers walking trails, a boat launch, an amphitheater, and river views.

The building is configured as a three-unit rental and is positioned to support straightforward tenant utility management with water and sewer included for tenants.

Key Highlights

  • Three fully rented units in the Wilkes‑Barre downtown area
  • Remodeled and updated interiors with vinyl plank flooring throughout
  • Huge eat‑in kitchens with new appliances and washer/dryer hook‑up

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Acupuncture Storage Facility Butcher Carpet & Flooring Store

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

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

834
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three fully rented units feature vinyl plank flooring and updated interiors with kitchen appliances and in-unit washer/dryer hookup.
Where is this triplex located?
The property is located at 16 Pershing St Wilkes Barre, PA.
What are key features of this property?
This property features: Three fully rented units in the Wilkes‑Barre downtown area; Remodeled and updated interiors with vinyl plank flooring throughout; Huge eat‑in kitchens with new appliances and washer/dryer hook‑up
(570) 510-5840 Call to check price and availability
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