485 S Franklin Street, Wilkes-Barre, PA 18702 (MLS# 25-6068)

485 S Franklin Street, Wilkes-Barre, PA 18702

$429,900

Property Type: Residential Income Square Footage: 6,000 Status: Closed

Current Price: $429,900 List Date: 1/21/2026 Last Modified: 7/25/2026

Overview

Description

Great charming 6 unit property. 5 apartments in front building and 1 unit above garage in back building currently vacant ready for the new owner to occupy. Large 2 care garage perfect for extra storage or income opportunity. This building has strong heritage in the region and close to the college campus. Coin Laundry on premises.

Listing Details MLS# 25-6068

Location, Tax & Legal

House # (1): 485
Street Direction Pfx: S
Street Name: Franklin
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

Property Information

Property Sub Type: Multi Family
Realtor.COM Type: Multi-Family
Aprx Total SF: 6000
Est Age Range: 76 - 100 Yrs
Garage Stalls: 2
Garage Type: Detached
# Spaces off-Street: 8
Parking: Off-Street

Remarks Directions

Directions: Up Academy toward Hazle, Right at Franklin.

Status Change Information

Under Contract Date: 2026-01-21
Sold Date: 2026-02-13

Expenses

Annual Gross Income: 53100
Annual Electric Exp: 480
Annual Gas Exp: 5400
Annual Water Exp: 2300
Annual Sewer Exp: 2400
Annual Real Est Tax: 5060
Annual Fire/Liabilty: 2200
Total Annl Expenses: 17840
Anl Net Inc b/4 Debt: 35260

More Information

Appliances

# Ranges: 6
# Refrigerators: 6
# Washer: Yes
# Dryers: Yes

Unit 1 Info

Unit #: Yes
Approx SF: 800
# Rooms: 4
Monthly Rent: 850
# Bedrooms: 2
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 2 Info

Unit #: 2
Approx SF: 800
# Rooms: 4
Monthly Rent: 875
# Bedrooms: 2
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 3 Info

Unit #: 3
Approx SF: 700
# Rooms: 3
Monthly Rent: 950
# Bedrooms: Yes
Kitchen Style: Ordinary
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 4 Info

Unit #: 4
Approx SF: 900
# Rooms: 4
Monthly Rent: 900
# Bedrooms: 2
Kitchen Style: Semi-Modern
# Baths: Yes
Lease: Y
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 5 Info

Unit #: 5
Approx SF: 800
# Rooms: 3
Monthly Rent: 850
# Bedrooms: Yes
Kitchen Style: Ordinary
# Baths: Yes
Lease: N
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Unit 6 Info

Unit #: 6
Approx SF: 900
# Rooms: 4
# Bedrooms: 2
Kitchen Style: Ordinary
# Baths: Yes
Lease: N
Heat in Rent: Y
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: Y
Sewer in Rent: Y

Property Features

Heat Fuel Type: Electric; Gas Heat Type: Forced Air AC Type: None Condition: Good Exterior: Brick; Wood Roof: Comp Shingle Interior Finish: Drywall; Plaster Water: Public Sewer: Public Basement: Concrete Floor; Dirt Floor; Full Unfinished

Listing Office: Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn

Listing Agent: Dawn R Wiringer

Last Updated: July - 25 - 2026

Information deemed reliable but not guaranteed.

One home for you!

MLS Listing