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3-Unit Triplex
New
For Sale
$300,000

69 E Main Street, Wilkes Barre, PA 18705

Multi-Family, Wilkes-Barre, PA

Property Size3,600 SF
Lot Size0.06 Acres
Price / SF$83.33
Days on Market3

Property Features for 69 E Main Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 5, Bathroom 4, Bedroom 7, Bedroom 4, Bedroom 3, Bathroom 3, Basement, Bedroom 1, Bedroom 6
Exterior features Vinyl
Basement Concrete, Dirt Floor
Elementary school district Wilkes-Barre
Middle school district Wilkes-Barre
High school district Wilkes-Barre
Directions N Washington St - Right on E main - Home on right
Subdivision Wilkes Barre
Standard status Active
APN 73-G10SE1-003-007-000
Size 3,600 SF
Lot size 0.06 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Year 2026
Tax Description Tenants personal property
Tax Annual Amount 2347
Legal Description Tenants personal property

Utilities

Heating system Forced Air, Baseboard, Electric (Heating)
Water source Public

Building Details

Roof type Shingle
Listing Agency: Christian Saunders Real Estate
Listed By: Team Stash
Added: Oct 26 Changed: Oct 27 Last Checked: Oct 28 at 7:06PM
MLS# 26-5555

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.

Rey
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Investment Insights

Based on property information with market context.

This 3,600-square-foot triplex contains three apartments: one with three bedrooms and two bathrooms, and two with two bedrooms and one bathroom each. Each residence has its own utilities, and long-term tenants are in place.

The property occupies a 0.0614-acre lot in Wilkes-Barre, Pennsylvania. Exterior features include vinyl siding and a shingle roof. Heating is electric, with baseboard and forced-air systems; the water source is public.

Key Highlights

  • Three apartments: one 3‑bedroom, 2‑bath unit and two 2‑bedroom, 1‑bath units
  • 3,600 square feet on a 0.0614‑acre lot
  • Each apartment has separate utilities

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,945
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,900 $538.9K
Cap Rate 7%
$384,929 $384.9K
Cap Rate 9%
$299,389 $299.4K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$53.1K $14.76/SF
− Vacancy
−$4.1K −$1.15/SF
EGI
$49.0K $13.61/SF
− OpEx
−$22.0K −$6.12/SF
NOI
$26.9K $7.48/SF
Area
Luzerne County, PA
Vacancy
7.80%
Lease Rate
$14.76 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,900
Cap Rate 7%
$384,929
Cap Rate 9%
$299,389

Alternative Uses

Best Use
Multifamily LT 5
$415.0K
$363.2K – $484.2K (±1% cap)
NOI $29,053 @ 7.0% cap · market cap 9.68%
Second Best
Apartment 5plus
$384.9K
$336.8K – $449.1K (±1% cap)
NOI $26,945 @ 7.0% cap · market cap 8.98%
Theoretical Best
Office A
$1.14M
$997.9K – $1.33M (±1% cap)
NOI $79,834 @ 7.0% cap · market cap 26.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

300
Businesses Nearby

Demographics for 18705, PA

14,832
Population
7,268
Households
2
Avg Household Size
44
Median Age
23%
College-Educated
88%
High-School Grad
5.0 sq mi
ZIP Area
2,966
Density / Sq Mi
$61,293
Median Household Income
$35,965
Median Earnings
$1,006
Median Rent
$122,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three apartments with individual utility service and long-term tenants in place.
Where is this triplex located?
The property is located at 69 E Main Street Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Three apartments: one 3‑bedroom, 2‑bath unit and two 2‑bedroom, 1‑bath units; 3,600 square feet on a 0.0614‑acre lot; Each apartment has separate utilities
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