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392-394 N Washington Street, Wilkes Barre, PA 18705

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For Sale

$179,000

2 baths • 2,564 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $69.81
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Value-Add Duplex with 3BR/1BA Per Side, Separate Utilities & Off-Street Parking - Prime Wilkes-Barre Opportunity! This is a rare chance to acquire a true side-by-side duplex with a classic layout, excellent rental fundamentals, and serious upside for investors or handy buyers alike. Each unit provides approximately 1,100 sq ft across three bedrooms and one full bath, with additional space in the walk-up attic and full basement (utilities inside, plus interior and exterior access). Tenants will appreciate separate entrances, covered front porches, small rear decks, and a shared backyard. Each side also enjoys off-street parking directly off the street - a big plus in this neighborhood. Importantly, utilities are already split: two gas boilers with separate gas meters and two separate electric meters, making this an ideal long-term hold with clean tenant accountability. While the property needs updates throughout, it has strong bones and a flexible footprint. With fresh flooring, paint, and kitchen/bath improvements, projected market rents for 3BR/1BA units in Wilkes-Barre run in the $1,200-$1,400/month range per side, creating excellent cash-flow potential once stabilized. Investors can also maximize value by finishing the walk-up attic or upgrading basements for added storage appeal. Centrally located near downtown Wilkes-Barre, major employers, shopping, and public transit, this duplex is positioned to attract steady tenant demand. Whether you're starting your portfolio, adding a value-add property to your pipeline, or planning to live in one side while renovating the other, this is a smart investment with room to grow. Call today to explore this value-priced, value-add opportunity!
MLS# PM-135045

Courtesy Of Redstone Run Realty, LLC - Stroudsburg

(570) 390-4646

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch
  • Appliances
    Range, Range - Gas, Refrigerator
  • Architecture Style
    New Traditional
  • Exterior Type
    Aluminum Siding
  • Floor Covering
    Vinyl, Wood
  • Heating System
    Baseboard
  • Lot Size
    0.13 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 392-394 N Washington Street, Wilkes Barre, PA 18705

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Copyright © 2025 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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