229 N Main Street, Wilkes-Barre, PA 18702 (MLS# 26-3560)

229 N Main Street, Wilkes-Barre, PA 18702

$534,000

Property Type: Residential Income Square Footage: 7,200 Status: Active

Current Price: $534,000 List Date: 7/22/2026 Last Modified: 7/22/2026

Overview

Description

Turnkey student housing investment offering immediate cash flow and established occupancy. These two single-family homes are being sold together as a proven student rental investment. Each home features multiple bedrooms with shared common living areas, making them well-suited to maximize rental income. Conveniently located near campus, public transportation, shopping, restaurants, and other

Supplements: amenities, the properties continue to appeal to student tenants. An excellent opportunity for investors.

Listing Details MLS# 26-3560

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

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
Parking: On-Street

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: 52800
Annual Sewer Exp: 600
Annual Real Est Tax: 7136
Annual Fire/Liabilty: 1185
Annual Lawn Maint.: 400
Annual Other Misc: 6000
Total Annl Expenses: 15321
Anl Net Inc b/4 Debt: 37479

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: 2000
# 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

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Baseboard AC Type: None Condition: Fair 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 - 22 - 2026

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing