Financial
Distress signals
Property profile

292 S Franklin St Wilkes Barre, PA 18701

FOR SALE
Other apartment buildings
Property ID
US73-2563398
0.21 ac lot
Last sale Dec 2018 · $315,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This is an 11-unit multi-family apartment building located in downtown Wilkes-Barre, Pennsylvania, within blocks of King’s College, Wilkes University, public transportation, restaurants, and major employers. The building contains approximately 6,800 square feet of total interior area and is zoned for multi-family use. The property’s unit configuration supports residential occupancy and may accommodate value-add improvements through updates to the building and its systems.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$202k
Assessed land$33k
Assessed improvement$170k
Effective rate2.48%

Value estimate

· Sep 2026
$320k
$288k – $352k
AI approach$320k
NOI build-up
Gross scheduled income$100k
Vacancy & credit loss−$8k
Operating expenses−$42k
NOI · 7.50% cap applied$51k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
7.50%
$51k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLUZERNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency12.3
Daycare Center8.8
Skin Care Clinic8.2

Location

292 S Franklin St Wilkes Barre, PA 18701
County assessor Recorded deeds · 3 transfers Comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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