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Twin Home Duplex Opportunity

Wilkes Barre, PA 18705 Wilkes Barre, PA 18705

New
Wilkes Barre, PA, 18705
$265,000
For Sale
$265,000

MULTI_FAMILY - Wilkes Barre, PA

Property Size2,236 SF
Price / SF$118.52
Days on Market2

Property Features

General Information

Property type
Residential Multi Family
Property subtype
Single Family Attached
Bedrooms
5
Bathrooms
3
Rooms
Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 4, Bedroom 1
Standard status
Active
Size
2,236 SF

Building Details

Year built
1920
Listing agency BHHS Fox & Roach Bethlehem
Listed by Ileana Kozerski
Added: Jul 21 Updated: Jul 23 at 12:13AM Checked: Jul 22 at 10:06PM
MLS# 781051

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This detached duplex features two twin homes on one property, each with an eat-in kitchen, mudroom/laundry room, and natural gas heating. Unit 60 includes a living room, dining room, three bedrooms, and one full bathroom, along with a basement featuring a Bilco door and access to the backyard. Unit 62 includes an eat-in kitchen, two bedrooms, two full bathrooms, a mudroom/laundry room, a natural gas heating system, and a Bilco door to the backyard, plus a storm door off the mudroom for outdoor access.

The property includes a shared, open backyard with potential for off-street parking for multiple vehicles. The sale is offered as-is.

Each unit is independently laid out with kitchen, living/dining space (Unit 60), bedrooms and bathrooms as noted, plus basement or exterior access through Bilco doors for convenient entry to the yard area.

Key Highlights

  • Detached twin home property in Wilkes‑Barre with two separate units (Unit 60 and Unit 62)
  • Unit 60: eat‑in kitchen, living room, dining room, 3 bedrooms, 1 full bathroom, plus mudroom/laundry
  • Unit 62: eat‑in kitchen, 2 bedrooms, 2 full bathrooms, plus mudroom/laundry

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $28.2k $12.60
− Vacancy −$2.4k −$1.07
EGI $25.8k $11.53
− OpEx −$7.7k −$3.46
NOI $18.0k $8.07
2,236 SF · lease $12.60/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$257.8K
$225.6K – $300.8K (±1% cap)
NOI $18,045 @ 7.0% cap · market cap 6.81%
Second Best
Apartment 5plus
$239.1K
$209.2K – $278.9K (±1% cap)
NOI $16,736 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$708.4K
$619.8K – $826.4K (±1% cap)
NOI $49,586 @ 7.0% cap · market cap 18.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Detached duplex with two units, natural gas heat, basements with Bilco doors, and shared backyard space.
Where is this duplex located?
The property is located at Wilkes Barre, PA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Detached twin home property in Wilkes‑Barre with two separate units (Unit 60 and Unit 62); Unit 60: eat‑in kitchen, living room, dining room, 3 bedrooms, 1 full bathroom, plus mudroom/laundry; Unit 62: eat‑in kitchen, 2 bedrooms, 2 full bathrooms, plus mudroom/laundry
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