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    Property profile & analytics

    55 Riv St Wilkes Barre, PA 18702-2423

    • Garden apartment buildings
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $775,000
    Last Sale
    Jul 22, 2020
    $714,000
    Location Intelligence
    Property ID
    US73-1884199
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Foot & Ankle Center / Podiatrist / Medical Clinic
    • Dr. Kayla Baloga / Podiatrist
    • Kako Beauty | Microblading & Permanent Cosmetics Studio / Permanent Make-Up Clinic / Facial Spa

    Property Details for 55 Riv St

    Lot size
    0.28 lot acres
    Property type
    Garden apartment buildings
    APN
    73-H9SE2-003-002
    APU
    73H9SE2003002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $785,000

    • CAP approach

      CAP return
      Estimation
      6%
      $740,000
      6.5%
      $670,000
      7%
      $685,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $650,000
      Geo Method
      $750,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $830,000
      Retail
      $755,000
      Mixed-Use
      $745,000
      Hospitality
      $665,000
      Educational
      $860,000
      Residential Income
      $665,000
      Energy
      $800,000
      Income-Based Land
      $860,000
      Food Service
      $755,000

    Location Insight

    • Map
    • Local Demand
    City
    Wilkes Barre
    County
    Luzerne
    State
    Pennsylvania
    Longitude
    -75.882
    Latitude
    41.2488
    CBSA code
    42540
    CBSA name
    SCRANTON--WILKES-BARRE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,707
    $46,300
    $224,300
    $270,600
    -
    $46,300
    $224,300
    $270,600

    Comparable in this City

    • Value Estimation by Request
      1.46 Acres

      151 Dana St

      GARDEN APT, COURT APT (5+ UNITS) • 1.46 Acres
      151 Dana St, Wilkes Barre, PA 18702-4809
      View Details
    • Value Estimation
      $250,000
      0.57 Acres

      130 Moyallen St

      GARDEN APT, COURT APT (5+ UNITS) • 0.57 Acres
      130 Moyallen St, Wilkes Barre, PA 18702-4853
      View Details
    • Value Estimation
      $245,000
      0.15 Acres

      165 Riv St

      GARDEN APT, COURT APT (5+ UNITS) • 0.15 Acres
      165 Riv St, Wilkes Barre, PA 18702-2312
      View Details
    • Value Estimation
      $325,000
      0.92 Acres

      Cor Dama

      GARDEN APT, COURT APT (5+ UNITS) • 0.92 Acres
      Cor Dama, Wilkes Barre, PA 18702
      View Details
    • Value Estimation
      $275,000
      0.31 Acres

      110 Rees St

      GARDEN APT, COURT APT (5+ UNITS) • 0.31 Acres
      110 Rees St, Wilkes Barre, PA 18702
      View Details
    • Value Estimation
      $325,000
      0.12 Acres

      175 Riv St

      GARDEN APT, COURT APT (5+ UNITS) • 0.12 Acres
      175 Riv St, Wilkes Barre, PA 18702-2348
      View Details

    Similar Nearby for Sale

    • New
      $750,000
      0.04 Acres

      Turnkey Multifamily Property in Wilkes-Barre

      Fully occupied, cash-flowing 9-unit property, rehabbed in 2024.
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    • New
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      Charming Multifamily Property in Wilkes-Barre

      Six-unit property with garage near college campus, income opportunity.
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      1,700 SF

      Multifamily Home in Wilkes-Barre

      Multifamily home with two units, ideal for investors.
      94 Hillside St, Wilkes Barre, PA 18702
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    • New
      $196,000
      3,027 SF

      Three-Unit Multifamily Property

      Three-unit building in Wilkes-Barre, PA. Sold as-is.
      416 Park Ave, Wilkes Barre, PA 18702
      View Details
    • New
      $159,500
      1,349 SF

      Two-Unit Home in Wilkes-Barre

      Two-family home featuring two units with convenient location.
      179 Horton St, Wilkes Barre, PA 18702
      View Details
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      Large Multifamily Property in Wilkes-Barre

      Spacious duplex near major roadways and attractions.
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    Similar Nearby for Lease

    • Contact for pricing
      12,000 SF

      Executive Office Space, Wilkes-Barre

      Prime Wilkes-Barre office, 600 SF available.
      350 Laird St, Wilkes-Barre, PA 18702
      View Details
    • Contact for pricing
      52,800 SF

      Laird Street Flex Warehouse Space

      11,000 SF Flex Space Available in Wilkes-Barre
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    • Contact for pricing
      20,750 SF

      Wilkes-Barre Retail Plaza Investment

      Prime Wilkes-Barre retail space available.
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      View Details
    • Contact for pricing
      30,000 SF

      Prime Commercial Land Opportunity

      1.5-acre commercial land for lease near major retailers.
      308 Wilkes-Barre Township Blvd, Wilkes Barre, PA 18702
      View Details
    • Contact for pricing
      16,080 SF

      Wilkes-Barre Township Retail Space

      Retail space available for lease in Wilkes-Barre Township, PA.
      2150-2198 Wilkes Barre Township Blvd, Wilkes Barre Township, PA 18702
      View Details
    • $37,500
      22,152 SF

      Former Dealership Available For Rent

      22,152 SF building on 3.9 acres, B3 zoning.
      1060 Highway 315 Blvd, Wilkes Barre, PA 18702
      View Details
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    55 Riv St
    Wilkes Barre, PA 18702-2423
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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