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$432,800
MLS #26-476

164 N Washington Street, Wilkes-Barre

Wilkes-Barre, PA, 18701
2
Baths
2,430
Building Square Footage

About This Property.

Prime mixed-use investment opportunity in a high-demand college corridor. This income-producing property features two fully rented student housing units paired with two street-level commercial spaces, creating multiple revenue streams under one roof. The residential units offer consistent demand year after year, while the commercial storefronts provide long-term growth potential. Ideal for investors seeking diversification, steady cash flow, and upside in a walkable location near campus, retail, and public transportation.

Property Details.

Location.

Area Demographics

Wilkes-Barre City
44,423
Population
$48,372
Median Household Income
51%
Owner Occupied
2.44
Average Household Size
Housing Tenure
51% Owner Occupied49% Renter
ZIP 18701
4,294
Population
$33,165
Median Household Income
8%
Owner Occupied
1.57
Average Household Size
Housing Tenure
8% Owner Occupied92% Renter
Luzerne County
327,675
Population
$64,452
Median Household Income
68%
Owner Occupied
2.35
Average Household Size
Housing Tenure
68% Owner Occupied32% Renter

Source - U.S. Census Bureau, American Community Survey Five-Year Estimates ('24).

Meet Our Agents.

Jonathan J. Nelson Real Estate