380-384 S Franklin Street, Wilkes-Barre

Wilkes-Barre, PA, 18702 · MLS #25-1478

$725,000

Sold May 2026

380-384 S Franklin Street, Wilkes-Barre in Wilkes-Barre

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Approximate location · View larger map

Units

6,000

Building SF

$121

Per Sq Ft

Last List Price

$750,000

Sold For

$725,000

Against Asking

Sold 3.3% below asking

Thinking about selling in Wilkes-Barre? Find out what your home is worth, based on recent sales like this one.

About This Property

Seize this rare opportunity to own a turnkey FULLY OCCUPIED 9-unit multifamily property in the heart of Wilkes-Barre, PA. Perfectly positioned for both seasoned and new investors, this property is a true cash-flowing asset from day one! Fully rehabbed in 2024 and very low operating expenses. LL pays water/sewer only. Tenants pay electric and trash.

This property has sold and is no longer on the market. It sold for $725,000 in May 2026. Contact us for other recent sales nearby. Listed by Steel City Realty.

Property Details

The Property

Property Type: Residential Income
Sub-Type: Multi Family
Style: 3 or More Units
Condition: Excellent

Interior

Basement: Full Unfinished
Interior Features: Drywall

Systems

Heating: Electric Baseboard
Water: Public
Sewer: Public Sewer

Exterior & Lot

Exterior: Brick
Lot Dimensions: 4389

Location

County: Luzerne County
School District: Wilkes-Barre
Zoning: Apartment Residential

Costs & Listing

2024 Taxes: $6,285
Gross Income: $100,620
Net Operating Income: $82,644
Cap Rate: 11.02%
MLS #: 25-1478
Listed By: Steel City Realty

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