Two-Unit Residential
39 Wesley Street, Forty Fort, PA 18704
For Sale
New
$275,000
Multi-Family, Forty Fort, PA
Property Size2,166 SF
Lot Size0.08 Acres
Price / SF$126.96
Days on Market1
Property Features for 39 Wesley Street
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Exterior features
Basement
Elementary school district
Middle school district
High school district
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Heating system
Water source
Building Details
Roof type
Listing Agency:
Classic Properties Back Mountain · Century 21 Real Estate
Listed By:
Jolyn Marie Bartoli · License PA RS299002
(570) 696-1195
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 26-5947
Copyright © 2026 Luzerne County Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This residential duplex contains two units within 2,166 square feet. The layout includes four bedrooms, two bathrooms, and a basement. Aluminum exterior siding and a shingle roof complete the building; heating is provided by hot-water baseboard systems, and the property connects to public water. The 0.0815-acre parcel has off-street parking and is zoned Residential.
Located in Forty Fort, the property offers two residences with separate utility service.
Located in Forty Fort, the property offers two residences with separate utility service.
Key Highlights
- Two‑unit duplex totaling 2,166 square feet
- Four bedrooms and two bathrooms across the property
- 0.0815‑acre parcel with off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,480
Cap Rate
6.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,600
$349.6K
Cap Rate 7%
$249,714
$249.7K
Cap Rate 9%
$194,222
$194.2K
Market Conditions
NOI Build-Up for 2,166 SF
Gross rent
$27.3K $12.60/SF
− Vacancy
−$2.3K −$1.07/SF
EGI
$25.0K $11.53/SF
− OpEx
−$7.5K −$3.46/SF
NOI
$17.5K $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%
$349,600
Cap Rate 7%
$249,714
Cap Rate 9%
$194,222
Alternative Uses
Best Use
Multifamily LT 5
$249.7K
$218.5K – $291.3K
NOI $17,480 @ 7.0% cap · market cap 6.36%
Second Best
Apartment 5plus
$231.6K
$202.7K – $270.2K
NOI $16,212 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$686.2K
$600.4K – $800.6K
NOI $48,033 @ 7.0% cap · market cap 17.47%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
386
Businesses Nearby
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Business Placement
Demographics for 18704, PA
31,138
Population
14,531
Households
2.1
Avg Household Size
43
Median Age
29%
College-Educated
95%
High-School Grad
10.1 sq mi
ZIP Area
3,083
Density / Sq Mi
$62,907
Median Household Income
$39,349
Median Earnings
$935
Median Rent
$154,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Luzerne County, PA
Properties on Market for Duplexes in Luzerne County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has its own utilities, with hot-water baseboard heating serving the property.
Where is this duplex located?
The property is located at 39 Wesley Street Forty Fort, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 2,166 square feet; Four bedrooms and two bathrooms across the property; 0.0815‑acre parcel with off‑street parking
