Duplex with Detached
New
For Sale
$340,000
332 Stanton Street Wilkes-Barre, Wilkes Barre, PA 18702
The two-unit property is vacant and has separate utilities, gas heat, and gas hot water.
Property Size2,924 SF
Days on Market4
Property Features for 332 Stanton Street Wilkes-Barre
General Information
Standard status
Active
Size
2,924 SF
Property subtype
Multi Family
Units
Multifamily Units
2
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Annual Taxes
$2,396
Building Details
Building Size
2,924 SF
Year Built
1940
Buildings
1
Listing Agency:
RPA Real Estate
Listed By:
Randy B. Hockman · License #RS214261L
Source:
Luxehomesnepa
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 25 at 2:50AM
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 RPA Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1940, this two-unit property features hardwood floors and updated windows and roofing. Each unit has separate utilities, with gas serving the heat and hot water. A detached garage and off-street parking are also included.
Key Highlights
- Two‑unit duplex built in 1940
- Separate utilities for each unit
- Gas heat and hot water
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,598
Cap Rate
6.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,960
$472.0K
Cap Rate 7%
$337,114
$337.1K
Cap Rate 9%
$262,200
$262.2K
Market Conditions
NOI Build-Up for 2,924 SF
Gross rent
$36.8K $12.60/SF
− Vacancy
−$3.1K −$1.07/SF
EGI
$33.7K $11.53/SF
− OpEx
−$10.1K −$3.46/SF
NOI
$23.6K $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%
$471,960
Cap Rate 7%
$337,114
Cap Rate 9%
$262,200
Alternative Uses
Best Use
Multifamily LT 5
$337.1K
$295.0K – $393.3K
NOI $23,598 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$312.7K
$273.6K – $364.8K
NOI $21,886 @ 7.0% cap · market cap 6.44%
Theoretical Best
Office A
$926.3K
$810.5K – $1.08M
NOI $64,843 @ 7.0% cap · market cap 19.07%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
607
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
Frequently Asked Questions
What type of property is this?
Duplex - The two-unit property is vacant and has separate utilities, gas heat, and gas hot water.
Where is this duplex located?
The property is located at 332 Stanton Street Wilkes-Barre Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1940; Separate utilities for each unit; Gas heat and hot water
