Side-by-Side
New
For Sale
$240,000
Pending
26-28 Barney Street Wilkes-Barre, Wilkes Barre, PA 18702
Off-street parking complements the property's side-by-side residential layout.
Property Size2,380 SF
Days on Market5
Property Features for 26-28 Barney Street Wilkes-Barre
General Information
Standard status
Pending
Size
2,380 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,905
Building Details
Building Size
2,380 SF
Year Built
1920
Listing Agency:
LPT Realty LLC
Listed By:
Jeanster D Estepan
(570) 921-2577
Source:
Luxehomesnepa
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 5 at 11:56PM
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 LPT Realty LLC
Investment Insights
Based on property information with market context.
Built in 1920, this duplex has a side-by-side configuration and off-street parking. The property is in Wilkes-Barre near key routes.
Key Highlights
- Side‑by‑side duplex configuration
- Built in 1920
- Off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,207
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,140
$384.1K
Cap Rate 7%
$274,386
$274.4K
Cap Rate 9%
$213,411
$213.4K
Market Conditions
NOI Build-Up for 2,380 SF
Gross rent
$30.0K $12.60/SF
− Vacancy
−$2.5K −$1.07/SF
EGI
$27.4K $11.53/SF
− OpEx
−$8.2K −$3.46/SF
NOI
$19.2K $8.07/SF
Area
Luzerne County, PA
Vacancy
8.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,140
Cap Rate 7%
$274,386
Cap Rate 9%
$213,411
Alternative Uses
Best Use
Multifamily LT 5
$274.4K
$240.1K – $320.1K
NOI $19,207 @ 7.0% cap · market cap 8.00%
Second Best
Apartment 5plus
$254.5K
$222.7K – $296.9K
NOI $17,814 @ 7.0% cap · market cap 7.42%
Theoretical Best
Office A
$754.0K
$659.7K – $879.7K
NOI $52,779 @ 7.0% cap · market cap 21.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
931
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Off-street parking complements the property's side-by-side residential layout.
Where is this duplex located?
The property is located at 26-28 Barney Street Wilkes-Barre Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Side‑by‑side duplex configuration; Built in 1920; Off‑street parking
