380 Old River Road, Wilkes-Barre

Wilkes-Barre, PA, 18702 · MLS #25-4976

$259,000

Sold January 2026

380 Old River Road, Wilkes-Barre in Wilkes-Barre

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Approximate location · View larger map

Units

2,550

Building SF

$102

Per Sq Ft

Last List Price

$274,900

Sold For

$259,000

Against Asking

Sold 5.8% below asking

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About This Property

A rare find! Perfect turnkey fully occupied multi-unit investment property in Wilkes-Barre! This stately brick side-by-side double block features two spacious one-floor units. Both units offer forced air heat & central A/C, separate electric, and coin-op washers/dryers. Exterior perks include a private paved driveway and parking for 4-6 vehicles. Currently tenant-occupied and income-producing, this property offers immediate cash flow and minimal overhead. Roof is also approximately only 7 years old, making this a stable addition to any investor's portfolio. Brand new water heater recently installed 10/26/25. Note, one unit is 4 BR, other is legally a 3 BR plus large office due to it not having window.

This property has sold and is no longer on the market. It sold for $259,000 in January 2026. Contact us for other recent sales nearby. Listed by Dream Homes Real Estate LLC.

Property Details

The Property

Property Type: Residential Income
Sub-Type: Multi Family
Condition: Very Good

Interior

Basement: Concrete
Interior Features: Drywall
Included: APPLIANCES- 2 STOVES, 2 FRIDGES, 2 WASHERS, 2 DRYERS- ALL AS IS

Systems

Heating: Natural Gas
Water: Public
Sewer: Public Sewer, Other

Exterior & Lot

Exterior: Block, Brick
Roof: Rolled/Hot Mop
Outdoor: Porch
Lot Dimensions: .26 Acres

Location

County: Luzerne County
School District: Wilkes-Barre
Zoning: Multi-Family

Costs & Listing

2025 Taxes: $5,933
Gross Income: $30,216
Net Operating Income: $18,000
Cap Rate: 6.55%
MLS #: 25-4976
Listed By: Dream Homes Real Estate LLC

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