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    1140-1142 Academy St Scranton, PA 18504

    For Sale
    $360,000

    MULTI_FAMILY - Scranton, PA

    Property size:
    2,870 SF
    Lot size:
    0.08 Acres
    Days on Market:
    135
    Last Refresh:
    Dec 5 at 9:06 pm

    Property Features for 1140-1142 Academy St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R2
    Rooms
    Bedroom 6, Bathroom 3, Basement, Bedroom 4, Bathroom 1, Bathroom 4, Bedroom 2, Bedroom 5, Bedroom 1, Bedroom 3, Bathroom 2
    Bedrooms
    6
    Bathrooms
    4
    APN
    14517060052
    Basement
    Unfinished
    Size
    2,870 SF
    Lot size
    0.08 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    3

    Berkshire Hathaway Home Services Preferred Properties (570) 585-1500 [email protected]

    Listing agent Thomas Meyer (570) 585-1500

    Listing date Jul 24, 2025

    Copyright © 2025 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.

    Overview

    Renovated Scranton Triplex For Sale

    This multifamily property in Scranton, Pennsylvania, features three units and is suitable for investors. The property has been recently renovated and offers income potential. There are two one-bedroom units and one four-bedroom unit with two bathrooms. Each unit has separate gas and electric meters, as well as separate heating and electric systems. The property includes new gas furnaces, water heaters, flooring, kitchens, bathrooms, and siding. Electrical and plumbing systems have been updated, and some windows have been replaced. The building has a total area of 2870 square feet and is located on a lot of approximately 0.08 acres. The property is zoned R2. Two of the units are currently rented, and one unit is vacant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.684346
    Latitude
    41.411095

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    FAQs

    What type of property is this?
    Triplex - Newly renovated triplex with strong income potential in Scranton, PA.
    Where is this triplex located?
    The property is located at 1140-1142 Academy St Scranton, PA.
    What is the asking price?
    The asking price for this property is $360,000.
    What are key features of this property?
    This property features: - Outstanding income potential from 3 units; - Newly renovated with updated systems (electrical, plumbing, windows); - Separate gas and electric meters for each unit
    (570) 585-1500
    Request Owner's contact information
    1140-1142 Academy St Scranton, PA 18504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1140-1142 Academy St Scranton, PA 18504
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