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$275,000
MLS #26-1771

231 N Main Street, Wilkes-Barre

Wilkes-Barre, PA, 18702
6
Beds
2
Baths
3,600
Building Square Footage
1925
Year Built

About This Property.

Turnkey investment opportunity in a high-demand student rental market! This spacious 6-bedroom single-family home is ideally suited for student housing, offering strong income potential and consistent rental demand year after year. The property features generously sized bedrooms, a large shared living area, multiple bathrooms, and a functional layout that maximizes rental occupancy. Proximity to local colleges, dining, and amenities, this location is highly attractive to student tenants. Investor confidence built in: Leases are already secured for the 2026-2027 academic year, providing immediate, reliable income from day one. Rare opportunity alert: The neighboring property is also available for purchase, presenting a unique chance to acquire a side-by-side investment package. Expand your portfolio, increase cash flow, and create operational efficiencies by owning multiple student rentals in one location--an opportunity that doesn't come around often. Even more upside: A third property is also available just a few doors down, offering the potential to control multiple assets within the same immediate area. This is an exceptional opportunity to create a concentrated student housing portfolio, streamline management, and maximize returns through scale. Whether you're a seasoned investor or looking to break into the student housing market, this is your chance to secure one, two, or all three of these income-producing assets. Opportunities like this are rare--don't miss your chance to build serious momentum in a proven rental market!

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 18702
41,970
Population
$57,341
Median Household Income
60%
Owner Occupied
2.36
Average Household Size
Housing Tenure
60% Owner Occupied40% 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