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439 S Franklin St, Wilkes Barre, PA 18702

Two adjacent buildings offer residential units, shared parking, and one structure recognized on the National Register of Historic Places.

Property SizeContact for details
Days on Market141

Property Features for 439 S Franklin St

General Information

Standard status Active
Property subtype Retail

Additional Details

Multifamily Units 16

Building Details

Buildings 2
Listing Agency: Lewith & Freeman Real Estate
Listed By: Greg Barrouk · License #PA RS334115
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 8:12AM

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 Lewith & Freeman Real Estate

Investment Insights

Based on property information with market context.

This multifamily property contains 16 residential units across two adjacent buildings. The larger structure includes 10 units and is known as the Wheelmen’s Club, which is listed on the National Register of Historic Places. The second building contains six units and uses a mirrored layout, with two two-bedroom, one-bath units on each floor.

A shared parking area accommodates vehicles for residents of both buildings. The property is located at 439 S Franklin Street in Wilkes-Barre, Pennsylvania, within Luzerne County. The buildings have an established rental history and combine a defined apartment configuration with a separately recognized historic structure.

Key Highlights

  • 16 residential units distributed across 2 adjacent apartment buildings
  • 10‑unit Wheelmen’s Club listed on the National Register of Historic Places
  • 6‑unit companion building with a mirrored floor plan

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Acupuncture Catering 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

16
Residential units

Location Intelligence

Trade Area within ½ mile

1,072
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Two adjacent buildings offer residential units, shared parking, and one structure recognized on the National Register of Historic Places.
Where is this apartment building located?
The property is located at 439 S Franklin St Wilkes Barre, PA.
What are key features of this property?
This property features: 16 residential units distributed across 2 adjacent apartment buildings; 10‑unit Wheelmen’s Club listed on the National Register of Historic Places; 6‑unit companion building with a mirrored floor plan
(570) 762-8277 Call to check price and availability
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