Luzerne County Multifamily Buyer
Sell Your Commercial Property In Luzerne County, PA
Luzerne County covers the Wyoming Valley and the Hazleton area, with Wilkes-Barre, Hazleton, and Kingston as its main population centers. Warehouse and distribution growth along I-81 supports demand for a rental stock made up largely of older multifamily houses and small walk-ups.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Cities We Cover: Wilkes-Barre · Hazleton — County seat: Wilkes-Barre
Luzerne County
Where We Buy In Luzerne County
We evaluate apartment buildings of 5+ units across Luzerne County — in each city below, plus smaller towns and unincorporated areas countywide.
Local Market Data
Luzerne County Apartment Market
Figures gathered October 2026 from public market data.
Renters head 43,490 of Luzerne County's 135,055 occupied households, a 32.2% share, per the Census Bureau's 2020-2024 American Community Survey. If you plan to sell commercial property in Luzerne County, PA, that renter base, plus a median gross rent of $1,004, is the starting point for pricing a multifamily deal.
Rent in Luzerne County climbed 27.9% from $785 over the 2015-2019 comparison period, while rental vacancy held at a tight 4.7%. Wilkes-Barre and Hazleton, the county's two largest cities, both post renter shares near 49%, well above the countywide figure.
Hazleton's fast population growth
Hazleton's population grew 21.1% between the 2015-2019 and 2020-2024 ACS, the fastest rate of any city in Luzerne County.Rents up nearly 28% countywide
Luzerne County's median gross rent rose 27.9%, from $785 to $1,004, between the 2015-2019 and 2020-2024 American Community Survey.Household income climbing
Median household income in Luzerne County rose 19.1% to $63,691 over the same five-year comparison period, per the Census Bureau.Who rents in Luzerne County
Luzerne County counts 43,490 renter households among its 135,055 occupied homes, a 32.2% renter share, per the Census Bureau's 2020-2024 American Community Survey. Owner households still outnumber renters countywide, but Wilkes-Barre and Hazleton run far denser renter pools.
Wilkes-Barre holds 8,129 renter households, a 48.8% renter share of its own population. Hazleton holds 5,672 renter households at a 48.9% share. Together the two cities hold about 32% of Luzerne County's renter households, concentrated in older, denser housing stock.
Rents, growth and affordability
Median gross rent in Luzerne County reached $1,004 in the 2020-2024 ACS, up 27.9% from $785 in the 2015-2019 survey. Population grew a slower 3.2% to 327,675 residents over the same five-year comparison, while renter households rose 5.5% to 43,490.
Affordability is stretched: 46.4% of Luzerne County renters paid 30% or more of income on gross rent in the 2020-2024 ACS. HUD's FY2027 two-bedroom Fair Market Rent for the Scranton-Wilkes-Barre, PA metro area is $1,363, effective October 1, 2026, which runs $359 above the county's current median gross rent. Units in buildings of five or more apartments slipped 0.6% to 12,173, an 8.0% share of Luzerne County's housing stock.
City-by-city comparison
Hazleton posts the highest rent and vacancy of the two cities below, while Wilkes-Barre carries more of the county's apartment-building stock. Both run well above the Luzerne County renter share.
| City | Median gross rent | Renter share | Share of units in 5+ buildings | Rental vacancy |
|---|---|---|---|---|
| Wilkes-Barre | $946 | 48.8% | 18.0% | 5.1% |
| Hazleton | $1,089 | 48.9% | 10.6% | 10.6% |
Hazleton's population grew 21.1% over the comparison period, the fastest rate in Luzerne County, and its median rent rose 34.1%, also the county's steepest climb. Wilkes-Barre's rent rose 23.5% to $946, with a tighter 5.1% rental vacancy than Hazleton's 10.6%.
Property taxes and assessment in Luzerne County
Luzerne County, like all 67 Pennsylvania counties, assesses real property, including apartment buildings, under its own base-year system rather than a full annual reappraisal. Assessed values often lag current market value, so the county applies a common-level ratio when a sale or appeal calls for an updated figure. Sellers should confirm Luzerne County's current ratio and millage with the county assessor's office before pricing a deal.
What this means if you sell in Luzerne County
A seller who wants to sell commercial property in Luzerne County, PA is working with a renter base that grew 5.5% and rent that grew 27.9% over five years, against a tight 4.7% vacancy rate. That combination, plus Hazleton's faster-growing renter pool, gives a multifamily buyer in Luzerne County, PA a case for steady lease-up. Owners selling an apartment building in Luzerne County, PA should have rent rolls, vacancy history and the county's assessed value on hand before going to market.
Local Knowledge
Selling Multifamily In Pennsylvania
What we factor into every Luzerne County offer:
More about Pennsylvania →- Pennsylvania caps security deposits at two months' rent in year one, one month after.
- Landlords must return deposits within 30 days with an itemized damage list under Pennsylvania law.
- Luzerne County's rental vacancy rate is 4.7%, tighter than many Pennsylvania counties.
- Notice to terminate runs 15 to 30 days in Pennsylvania, depending on tenancy length.
Property Tax
Property Tax In Luzerne County For Apartment Owners
Homeowners in Luzerne County pay a median of $2,530 a year in property tax on a median home value of $174,100, an effective rate of about 1.45%, according to the Census Bureau’s 2020-2024 American Community Survey. That is above the Pennsylvania statewide average of 1.26%.
How property tax works in Pennsylvania: classes, assessment and appeals →Estimate a building’s tax bill with the property tax calculator →
- Those figures describe owner-occupied homes. An apartment building can be assessed on a different basis or in a different class, so its bill as a share of value may differ.
- A sale can reset the assessed value. Before you price a Luzerne County building, check how Pennsylvania reassesses property after a transfer and model the buyer’s new tax bill.
- Pull the actual tax bill from the Luzerne County assessor or tax collector. City, school and special-district levies stack on top of the county rate.
Seller Guides
Luzerne County Seller Situations
Learn More
Taxes & Rules For Luzerne County Property
The Pennsylvania rules that shape any deal in Luzerne County: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Our Buy Box
What We Buy In Luzerne County
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
How Selling To Us Works
- 01
Submit The Deal
Send the address, unit count, asking price, and a rent roll or T-12 if you have them.
- 02
Initial Review
We review it against our buy box and give clear feedback — typically within 48 hours.
- 03
Underwriting & LOI
If it fits, we underwrite in detail and submit a written letter of intent.
- 04
Diligence & Close
Inspections and financing on the agreed timeline, then a professional, predictable closing.
Luzerne County Seller FAQ
What should I know about taxes before I sell commercial property in Luzerne County, PA?
Luzerne County, like all 67 Pennsylvania counties, assesses real property, including apartment buildings, under its own base-year system. Assessed values often lag current market value, so county tax offices apply a common-level ratio. Sellers should confirm Luzerne County's current ratio and millage with the county assessor before pricing a deal.
How much have rents risen in Luzerne County?
Median gross rent in Luzerne County reached $1,004 in the Census Bureau's 2020-2024 American Community Survey, up 27.9% from $785 in the 2015-2019 survey. Hazleton rents rose even faster, climbing 34.1% over the same five-year span, per the same ACS data.
What is rental vacancy like in Luzerne County?
Luzerne County's rental vacancy rate was 4.7% in the 2020-2024 American Community Survey. Hazleton ran higher, at 10.6%, while Wilkes-Barre posted 5.1%. A tight countywide rate can support faster lease-up for a multifamily buyer in Luzerne County, PA.
Who rents in Luzerne County?
Renters head 43,490 of Luzerne County's 135,055 occupied households, a 32.2% share, per the 2020-2024 ACS. Wilkes-Barre and Hazleton both run renter shares near 49%, well above the countywide figure, reflecting their denser, older housing stock.
How do I sell commercial property in Luzerne County, PA?
Send the address, unit count, and any financials. We review Luzerne County apartment buildings of 5+ units, give feedback typically within 48 hours, and follow with a written letter of intent if it fits.
Do you buy apartment buildings throughout Luzerne County?
Yes. We evaluate multifamily properties across Luzerne County, including Wilkes-Barre and Hazleton, as well as smaller towns and unincorporated areas. Every property is reviewed on its own fundamentals.
What size Luzerne County properties do you buy?
Apartment buildings and income-producing residential properties with 5 or more units. Our sweet spot is 15–25 units, and we review larger communities with capital partners.
Will you buy a property that needs work or has high vacancy?
Yes. We underwrite value-add, mismanaged, and distressed properties as they are today — no repairs or lease-up required before selling.
Who buys occupied rental property in Luzerne County?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
Do I need a broker to sell my apartment building in Luzerne County?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
How do property taxes factor into a Luzerne County offer?
Property is assessed at the county level (the county seat is Wilkes-Barre), within Pennsylvania rules. Pennsylvania assessment practices vary by county, and realty transfer taxes include both state and local portions. We account for both when structuring an offer.
Submit A Deal
Have A Property In Luzerne County?
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
