Renovated College Housing
For Sale
$550,000
79 Madison St, Wilkes Barre, PA 18702
Four separate buildings and an additional parking lot comprise this student-oriented multifamily offering.
Property SizeContact for details
Days on Market27
Property Features for 79 Madison St
General Information
Standard status
Active
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$2,800
Building Details
Buildings
4
Listing Agency:
Avanti Real Estate Group
(570) 239-0737
Listed By:
Amy Spess · License #RS287386
(570) 239-0737
Source:
Exprealty
Added: Jul 21
Changed: Aug 15
Last Checked: Aug 16 at 2:24PM
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 Avanti Real Estate Group
Investment Insights
Based on property information with market context.
This multifamily portfolio includes four separate buildings with a combined 33 bedrooms and 13 bathrooms. The properties are configured for college housing and have been renovated from the studs, followed by fresh interior painting. Students pay all utilities, supporting a straightforward operating arrangement for the portfolio.
The package includes properties at 79 Madison St, 276 N Washington St, 35-37 Mallery Pl, and 219 N. Main St in Wilkes Barre, along with a separate parking lot. The offering combines multiple residential buildings with dedicated parking in one college-housing package.
The package includes properties at 79 Madison St, 276 N Washington St, 35-37 Mallery Pl, and 219 N. Main St in Wilkes Barre, along with a separate parking lot. The offering combines multiple residential buildings with dedicated parking in one college-housing package.
Key Highlights
- Four separate apartment buildings included in the package
- 33 total bedrooms and 13 total bathrooms
- College housing configuration
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,041
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Four separate buildings and an additional parking lot comprise this student-oriented multifamily offering.
Where is this apartment building located?
The property is located at 79 Madison St Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four separate apartment buildings included in the package; 33 total bedrooms and 13 total bathrooms; College housing configuration
