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Scranton Multifamily Investment Opportunity

1134 Hampton Street Scranton, PA 18504

1134 Hampton Street, Scranton, PA, 18504
$250,000
Pending
For Sale
$250,000
Pending

MULTI_FAMILY - Scranton, PA

Property Size2,246 SF
Lot Size0.08 Acres
Days on Market104

Property Features for 1134 Hampton Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 1, Basement, Bathroom 1, Bedroom 6, Bathroom 2, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 4
Basement
Unfinished
Standard status
Pending
APN
15605070037
Size
2,246 SF
Lot size
0.08 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
27X133 W-15 B-019 L-013 P-009
Tax Annual Amount
2656

Utilities

Utilities
Cable Available
Heating system
Steam, Natural Gas
Water source
Public

Building Details

Year built
1940
Floors in Building
2
Number of units
2
Roof type
Shingle, Flat
Listing Agency EXP Realty LLC
630 Freedom Business Center Drive Suite 300, Pittsburgh, PA
Listed by Alexsis McGhee · License #RS366599
Added: Apr 9 Updated: Jul 12 at 4:42 am Checked: Jul 21 at 4:06 am
MLS# SC261427 Listing URL

Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This vacant two-unit multifamily property is located in Scranton, Pennsylvania. The property, zoned R1, is suitable for investors or owner-occupants. Each unit has separate water and electric meters. The building is heated by natural gas. Both units are move-in ready and positioned for immediate rental income. The property offers a straightforward opportunity with solid potential. The lot size is 0.08 acres, and the building size is 2,246 square feet.

Key Highlights

  • Vacant up/down 2‑unit property with separate water and electric
  • Natural gas heating
  • Both units reported move‑in ready for immediate rental income

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $28.3k $12.60
− Vacancy −$1.8k −$0.82
EGI $26.5k $11.78
− OpEx −$7.9k −$3.53
NOI $18.5k $8.25
2,246 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$264.6K
$231.5K – $308.7K (±1% cap)
NOI $18,522 @ 7.0% cap · market cap 7.41%
Second Best
Apartment 5plus
$247.4K
$216.4K – $288.6K (±1% cap)
NOI $17,315 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$570.1K
$498.8K – $665.1K (±1% cap)
NOI $39,905 @ 7.0% cap · market cap 15.96%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Veterinary Clinic (Bike/Boat/Book/etc) Store Carpet & Flooring Store Cafe & Coffee Shop Locksmith Accounting Firm Pet Store Restaurant (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit property in Scranton, PA, ready for immediate rental income.
Where is this duplex located?
The property is located at 1134 Hampton Street Scranton, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Vacant up/down 2‑unit property with separate water and electric; Natural gas heating; Both units reported move‑in ready for immediate rental income
Contact an agent
More about this property
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