38-40 S Sherman Street, Wilkes-Barre, PA 18702 (MLS# 26-3804)


$259,900
38-40 S Sherman Street
Wilkes-Barre, PA 18702
MLS# 26-3804
2481 sqft


Front of 38-40 South Sherman Street in Wilkes-Barre.
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Front of 38-40 South Sherman Street in Wilkes-Barre. Left side of home (38 S. Sherman). Expansive living room. Wood vinyl floor. AI used to edit out a person from the pic. 38 S. Sherman - Dining room. Ceiling fan. 38 S. Sherman - Kitchen. Wood cabinets. Access to backyard. 38 S. Sherman - another view of the kitchen looking back toward the dining room. 38 S. Sherman. Bedroom 1. 38 S. Sherman. Bedroom 2. 38 S. Sherman. Bedroom 3. 38 S. Sherman. 2nd floor full bathroom. Tub & shower combination. 40 S. Sherman. Large, front living room. Carpet. AI used to remove some tenant belongings from the picture. 40 S. Sherman - large eat-in kitchen. Wood vinyl floor. AI used to remove some tenant belongings. 40 S. Sherman - one of the 3 bedrooms. Closet. 40 S. Sherman - another of the 3 bedrooms. Carpet. Back of house. 40 S. Sherman features a rear covered porch. Very nice backyard. Some fencing. View from far in the back yard toward the house.

Property Description
This Wilkes-Barre duplex is a cash cow racking up nearly $30K in net operating income when fully rented. One side is currently vacant allowing an owner - operator the option to move in. Each side features comfortable, spacious living with expansive living rooms & comfortable sized bedrooms. Boilers recently serviced. Nice yard. 24-hours notice to show. Don't miss this golden opportunity!

Details
Listing Information
Limited Service: No
Current Price: $259,900
List Price: $259,900
List Date: 2026-08-01
Property Information
Realtor.COM Type: Multi-Family
Est Age Range: 100 Plus Yrs
Lot Size: 40 x 128
Garage Stalls: 0
Garage Type: Detached
# Spaces off-Street: 0
Parking: On-Street
Property Sub Type: Multi Family
Aprx Total SF: 2481
Year Built: 1900
Location, Tax & Legal
Zoning: Multi-Family
PIN #: 73-H10SW4-010-006 & 73-H10SW4-010-005
DB/Record Book: 3019
Page: 169896
Total County Assmnt: 71600
Est County Tax: 452.54
Est Total Tax: 2544.36
Tax Year: 2026
House # (1): 38-40
Street Direction Pfx: S
Street Name: Sherman
Street Suffix: Street
City (Post Office): Wilkes-Barre
State/Province: PA
Zip Code: 18702
County: Luzerne
MLS Area: Wilkes Barre
School District: Wilkes-Barre
Municipality: Wilkes Barre City
Develop/Subdivision: None
Remarks & Directions
Include: 38 South Sherman - stove and refrigerator. 40 South Sherman - stove only.
Exclude: Washer & dryer
Hot Sheet Comment: new
Expenses
Annual Gross Income: 33900
Annual Electric Exp: 0
Annual Gas Exp: 0
Annual Othr Fuel Exp: 0
Annual Water Exp: 0
Annual Sewer Exp: 845.08
Annual Garbage Remvl: 0
Annual Real Est Tax: 2544.36
Annual Fire/Liabilty: 1205
Annual Flood Ins: 0
Annual Lawn Maint.: 0
Annual Snow Removal: 0
Annual Other Misc: 0
Total Annl Expenses: 4594.44
Anl Net Inc b/4 Debt: 29305.56
Heat Fuel Type
Gas: 1
Interior Finish
Drywall: 1
Plaster: 1
Heat Type
Hot Water Radiator: 1
Condition
Very Good: 1
AC Type
None: 1
Water
Public: 1
Exterior
Aluminum: 1
Vinyl: 1
Sewer
Public: 1
Roof
Comp Shingle: 1
Hot Water Heater
Gas: 1
Basement
Full Unfinished: 1
MF Amenities
Porch: 1
Appliances
# Ranges: 2
# Refrigerators: 1
Unit 1 Info
Unit #: 1
Approx SF: 1264
# Rooms: 6
Monthly Rent: 1350
# Bedrooms: 3
Kitchen Style: Modern
# Baths: 1
Lease: N
Heat in Rent: N
Hot Water in Rent: N
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Unit 2 Info
Unit #: 2
Approx SF: 1217
# Rooms: 6
Monthly Rent: 1475
# Bedrooms: 3
Kitchen Style: Modern
# Baths: 1
Lease: Y
Heat in Rent: N
Hot Water in Rent: Y
Electric in Rent: N
Water in Rent: N
Sewer in Rent: Y
Remarks Directions
Directions: Take Coal Street in Wilkes-Bare, turn onto North Sherman Street. North Sherman Street will become South Sherman Street. House is on left. 38-40 South Sherman.
Status Change Information
Status: Active
Property Features
Heat Fuel Type: Gas
Heat Type: Hot Water Radiator
AC Type: None
Condition: Very Good
Exterior: Aluminum; Vinyl
Roof: Comp Shingle
Interior Finish: Drywall; Plaster
Water: Public
Sewer: Public
Hot Water Heater: Gas
Basement: Full Unfinished
MF Amenities: Porch

Listing Office: eXp Realty- Scranton/Wilkes-Barre
Listing Agent: David Kuharchik

Last Updated: August - 01 - 2026

Information deemed reliable but not guaranteed.