229 N Main Street, Wilkes-Barre, PA 18702

New Listing
$534,000
Property Type: Residential Income Square Footage: 7,200 Status: Active
Current Price: $534,000 List Date: 7/16/2026 Last Modified: 7/16/2026

Overview

Description

**Rare Student Housing Investment Package!** Seize the opportunity to acquire two adjacent 6-bedroom single-family homes in a proven, high-demand student rental market. Both properties are fully leased through **May 31, 2027**, providing immediate, stable cash flow from day one. Each home offers spacious bedrooms, multiple bathrooms, generous common living areas, and functional layouts designed

Supplements: to maximize occupancy and tenant appeal. Conveniently located near local colleges, shopping, dining, and major amenities, these properties have a strong history of consistent rental demand. This side-by-side portfolio presents a unique opportunity to expand your investment holdings with built-in operational efficiencies, simplified property manage ...

Listing Details MLS# 26-3435

Location, Tax & Legal

House # (1)
229
Street Direction Pfx
N
Street Name
Main
Street Suffix
Street
City (Post Office)
Wilkes-Barre
State/Province
PA
Zip Code
18702
County
Luzerne
MLS Area
Wilkes Barre
School District
Wilkes-Barre
Municipality
Wilkes Barre City
Develop/Subdivision
None
House # (2)
231
Zoning
Residential
PIN #
73-H10NW4-023-009 & 73-H10NW4-023-010-000
DB/Record Book
03019
Page
237402/237389
Total County Assmnt
159500
Est County Tax
1012
Est Total Tax
4576
Tax Year
2025

Listing Information

Limited Service
No

Property Information

Property Sub Type
Multiple Buildings
Realtor.COM Type
Multi-Family
Aprx Total SF
7200
Year Built
1900
Est Age Range
100 Plus Yrs
Garage Type
None
Garage Stalls
No

Remarks Directions

Directions
From Public Square turn onto N. Main St. Follow past N. Street and property is on your right hand side.

Expenses

Annual Gross Income
57600
Annual Sewer Exp
600
Annual Real Est Tax
4576
Annual Fire/Liabilty
1185
Annual Lawn Maint.
400
Annual Other Misc
6000
Total Annl Expenses
12761
Anl Net Inc b/4 Debt
44839
Annual Electric Exp
0
Annual Gas Exp
0
Annual Othr Fuel Exp
0
Annual Water Exp
0
Annual Garbage Remvl
0
Annual Flood Ins
0
Annual Snow Removal
0

More Information

Appliances

# Ranges
2
# Refrigerators
2
# Washer
2
# Dryers
2

Unit 1 Info

Unit #
229
Approx SF
3600
# Rooms
10
Monthly Rent
2400
# Bedrooms
6
Kitchen Style
Semi-Modern
# Baths
2
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Unit 2 Info

Unit #
231
Approx SF
3600
# Rooms
10
Monthly Rent
2400
# Bedrooms
6
Kitchen Style
Semi-Modern
# Baths
2
Lease
Y
Heat in Rent
N
Hot Water in Rent
N
Electric in Rent
N
Water in Rent
N
Sewer in Rent
Y

Remarks & Directions

Include
2-Refrigerators, 2-stoves, 2-washers & 2-dryers
Exclude
Tenants personal belongings
Hot Sheet Comment
new

Heat Fuel Type

Gas
Yes

Interior Finish

Drywall
Yes
Plaster
Yes

Heat Type

Hot Water Baseboard
Yes

Condition

Good
Yes

AC Type

None
Yes

Water

Public
Yes

Exterior

Aluminum
Yes

Sewer

Public
Yes

Roof

Comp Shingle
Yes

Hot Water Heater

Gas
Yes

Basement

Concrete Floor
Yes
Full
Yes
Full Unfinished
Yes
Unfinished
Yes

MF Amenities

Fencing
Yes
Patio
Yes
Porch
Yes
Street Lights
Yes

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Baseboard AC Type: None Condition: Good Exterior: Aluminum Roof: Comp Shingle Interior Finish: Drywall; Plaster Water: Public Sewer: Public Hot Water Heater: Gas Basement: Concrete Floor; Full; Full Unfinished; Unfinished MF Amenities: Fencing; Patio; Porch; Street Lights
Listing Office: Avanti Real Estate Group
Listing Agent: Annamarie Conover
Last Updated: July - 16 - 2026
Information deemed reliable but not guaranteed.
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