485 S Franklin Street, Wilkes-Barre

Wilkes-Barre, PA, 18702 · MLS #25-6068

$400,000

Sold February 2026

485 S Franklin Street, Wilkes-Barre in Wilkes-Barre

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Approximate location · View larger map

Units

6,000

Building SF

$67

Per Sq Ft

Last List Price

$429,900

Sold For

$400,000

Against Asking

Sold 7% 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

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.

This property has sold and is no longer on the market. It sold for $400,000 in February 2026. Contact us for other recent sales nearby. Listed by Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn.

Property Details

The Property

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

Interior

Basement: Concrete
Interior Features: Drywall, Plaster
Included: 6 Refrigerators, 6 Stoves, Coin Washer & Dryer

Systems

Heating: Natural Gas
Water: Public
Sewer: Public Sewer

Exterior & Lot

Exterior: Brick, Wood Siding
Roof: Composition
Garage: 2 Car Detached
Lot Dimensions: 50x120

Location

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

Costs & Listing

Annual Taxes: $4,701
Gross Income: $53,100
Net Operating Income: $35,260
Cap Rate: 8.2%
MLS #: 25-6068
Listed By: Berkshire Hathaway HomeServices Poggi, REALTORS Back Mtn

Sale History at This Address

February 2026 · this sale$400,000
July 2022 · MLS #22-2709$265,000

Between July 2022 and February 2026 the sale price for this address rose $135,000 (50.9%). Prices are as reported at closing.

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