38-40 S Sherman Street, Wilkes-Barre, PA 18702 (MLS# 26-3804)

38-40 S Sherman Street, Wilkes-Barre, PA 18702

$259,900

Front of 38-40 South Sherman Street in Wilkes-Barre.

Left side of home (38 S. Sherman). Expansive living room. Wood vinyl floor. AI used to edit out a person from the pic.

38 S. Sherman - Dining room. Ceiling fan.

38 S. Sherman - Kitchen. Wood cabinets. Access to backyard.

38 S. Sherman - another view of the kitchen looking back toward the dining room.

38 S. Sherman. 2nd floor full bathroom. Tub & shower combination.

40 S. Sherman. Large, front living room. Carpet. AI used to remove some tenant belongings from the picture.

40 S. Sherman - large eat-in kitchen. Wood vinyl floor. AI used to remove some tenant belongings.

40 S. Sherman - one of the 3 bedrooms. Closet.

40 S. Sherman - another of the 3 bedrooms. Carpet.

Back of house. 40 S. Sherman features a rear covered porch.

View from far in the back yard toward the house.

Property Type: Residential Income Square Footage: 2,481 Status: Pending

Current Price: $259,900 List Date: 8/01/2026 Last Modified: 8/13/2026

Overview

Description

This Wilkes-Barre duplex is a cash cow racking up nearly $30K in net operating income when fully rented. One side is currently vacant allowing an owner - operator the option to move in. Each side features comfortable, spacious living with expansive living rooms & comfortable sized bedrooms. Boilers recently serviced. ***HIGHEST & BEST OFFERS DUE MONDAY (8/10) AT NOON***

Listing Details MLS# 26-3804

Location, Tax & Legal

House # (1): 38-40
Street Direction Pfx: S
Street Name: Sherman
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: Multi Family
Realtor.COM Type: Multi-Family
Aprx Total SF: 2481
Year Built: 1900
Est Age Range: 100 Plus Yrs
Garage Type: Detached
Parking: On-Street

Remarks Directions

Directions: Take Coal Street in Wilkes-Bare, turn onto North Sherman Street. North Sherman Street will become South Sherman Street. House is on left. 38-40 South Sherman.

Status Change Information

Under Contract Date: 2026-08-11

Expenses

Annual Gross Income: 33900
Annual Sewer Exp: 845.08
Annual Real Est Tax: 2544.36
Annual Fire/Liabilty: 1205
Total Annl Expenses: 4594.44
Anl Net Inc b/4 Debt: 29305.56

More Information

Appliances

# Ranges: 2
# Refrigerators: Yes

Unit 1 Info

Unit #: Yes
Approx SF: 1264
# Rooms: 6
Monthly Rent: 1350
# Bedrooms: 3
Kitchen Style: Modern
# Baths: Yes
Lease: N
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 #: 2
Approx SF: 1217
# Rooms: 6
Monthly Rent: 1475
# Bedrooms: 3
Kitchen Style: Modern
# Baths: Yes
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y

Property Features

Heat Fuel Type: Gas Heat Type: Hot Water Radiator AC Type: None Condition: Very Good Exterior: Aluminum; Vinyl Roof: Comp Shingle Interior Finish: Drywall; Plaster Water: Public Sewer: Public Hot Water Heater: Gas Basement: Full Unfinished MF Amenities: Porch

Listing Office: eXp Realty- Scranton/Wilkes-Barre

Listing Agent: David Kuharchik

Last Updated: August - 13 - 2026

Information deemed reliable but not guaranteed.

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MLS Listing