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Renovated College Housing Portfolio
For Sale
$1,750,000

79 Madison St, Wilkes Barre, PA 18702

Four-building student housing package with a separate parking lot and fully renovated interiors.

Property Size4,000 SF
Price / SF$437.50
Days on Market47

Property Features for 79 Madison St

General Information

Standard status Active
Size 4,000 SF
Property subtype Multi-Family

Building Details

Buildings 4
Listing Agency: Avanti Real Estate Group
Listed By: Amy Spess · License #RS287386
Source: Nepahousehunt
Added: Jul 15 Changed: Aug 30 Last Checked: Aug 30 at 6:20AM

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 package includes four separate buildings and an additional parking lot, with a combined total of 33 bedrooms and 13 bathrooms. The properties are configured for college housing and have undergone renovation from the studs, followed by fresh interior painting and ongoing maintenance.

The portfolio includes properties on Madison Street, Washington Street, Mallery Place, and North Main Street in Wilkes-Barre, Pennsylvania. Students are responsible for utilities under the existing arrangement. The package also includes the property identified at 79 Madison St.

Key Highlights

  • Four separate buildings included in the package
  • 33 total bedrooms and 13 total bathrooms
  • College housing portfolio in Wilkes‑Barre, PA

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Storage Facility Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,431
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 - Four-building student housing package with a separate parking lot and fully renovated interiors.
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 $1,750,000.
What are key features of this property?
This property features: Four separate buildings included in the package; 33 total bedrooms and 13 total bathrooms; College housing portfolio in Wilkes‑Barre, PA
More about this property
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