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Off Market

7476 Sylvanus Street

Wilkes-Barre PA 18702

6
2
2240 sq. ft.
0.08 ac.
Multi-Family
Last sold for $257,500
Kelly J OltmannKelly J Oltmann, last sold this property on 15 July 2025 after -280 days on market.

Overview

Currently occupied by excellent, long-term tenants paying market rates. This property requires zero downtime between purchase and income generation. Both units are tenant-occupied with residents handling all utilities, maximizing your monthly returns.The property's strategic location puts your investment in the heart of desirability. Tenants enjoy quick access to major retail centers, diverse dining options, and popular city attractions, ensuring sustained rental demand in this thriving neighborhood.Recent mechanical upgrades and thoughtful improvements throughout the building demonstrate the current owner's commitment to maintaining this property's value. From updated systems to modern amenities, this building is positioned for long-term appreciation with minimal immediate capital requirements.For investors seeking a hands-off income property, this duplex offers:*Two identical 3-bedroom units*Established tenant base with proven payment history*Tenant-paid utilities*Prime location near shopping and entertainment*Updated mechanical systems*Immediate rental income from day oneDon't miss this rare opportunity to acquire a stabilized, income-producing property requiring minimal oversight. Perfect for both seasoned investors and those looking to build their real estate portfolio with a proven performer.

Features

6 bedrooms
2 bathrooms
2240 sq. ft. floor area
0.08 ac. lot size
Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Wilkes-Barre over the last 12 months, the estimated median property value of 7476 Sylvanus Street is $258.75k.

Median value
$258.75k
Estimated value range
$121k - $330k
Median days on market
13
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Wilkes-Barre. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 7476 Sylvanus Street

2025
Sold
$257,500
15 Jul 2025 by Kelly J Oltmann, of ERA One Source Realty
2024
Sold
$210,000
26 Aug 2024 by Sunita Arora, of ERA One Source Realty

Happy sellers in Wilkes-Barre

94%
94% of sellers in Wilkes-Barre reported that their sale price either exceeded or met their price expectations.

Wilkes-Barre stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 22 reviews in Wilkes-Barre over the last 12 months.

Local market activity for 6 bedroom multi families in Wilkes-Barre

In the last 12 months, 17 six-bedroom multi families similar to 7476 Sylvanus Street, have been sold.

This represents a 63% decrease in six-bedroom multi families sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Wilkes-Barre

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Antonio DeRosa

Sellers who recommend Antonio DeRosa have praised them for being local expert

  •   5   (65 reviews)
  •  3 Reviews in Wilkes-Barre
  •  5 Sales in Wilkes-Barre
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Yanilenny Monegro

Yanilenny Monegro is a recommended agent for Wilkes-Barre.  They have 4 local sales and collected 3 local reviews across the last 12 months.

  •   5   (17 reviews)
  •  3 Reviews in Wilkes-Barre
  •  4 Sales in Wilkes-Barre
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David Nargoski

David Nargoski is a recommended agent for Wilkes-Barre.  They have 4 local sales and collected 2 local reviews across the last 12 months.

  •   5   (3 reviews)
  •  2 Reviews in Wilkes-Barre
  •  4 Sales in Wilkes-Barre
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Tracy Zarola

Sellers who recommend Tracy Zarola have praised them for being local expert, attentive, clear communication, responsive, friendly, well-prepared, and great listener

  •   5   (65 reviews)
  •  2 Reviews in Wilkes-Barre
  •  2 Sales in Wilkes-Barre
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