Listing Agency: Scope Investment Real Estate Services

Listed By: Craig Dunkle · License #PA RS324418 Show Phone

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 4:07AM

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Investment Insights

Based on property information with market context.

This apartment building contains 6 residential units, including four two-bedroom apartments and two studio apartments. The unit mix provides a combination of larger layouts and compact studio residences within one multifamily asset.

The property is located at 175 Old River Rd in Wilkes-Barre, Pennsylvania, within the Scranton submarket.

Key Highlights

• 6 residential units
• Four 2‑bedroom apartments
• Two studio apartments

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Building Supply Plumbing Service

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

Location Intelligence

Trade Area within ½ mile

143

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Apartment building - Multifamily property with a mix of two-bedroom and studio apartments.

Where is this apartment building located?

The property is located at 175 Old River Rd Wilkes Barre, PA.

What are key features of this property?

This property features: 6 residential units; Four 2‑bedroom apartments; Two studio apartments