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Updated Two-Unit Residential Income

1810-1812 Lafayette Street Scranton, PA 18504

1810-1812 Lafayette Street, Scranton, PA, 18504
$319,900
For Sale
$319,900

MULTI_FAMILY - Other - Scranton, PA

Property Size2,231 SF
Lot Size0.09 Acres
Price / SF$143.39
Days on Market29

Property Features for 1810-1812 Lafayette Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bedroom 6, Bedroom 3, Bedroom 4, Basement, Bedroom 5, Bathroom 2, Bathroom 1
Parking features
On Street, Driveway
Patio and Porch features
Porch
Basement
Full, Unfinished
Appliances
Oven, Range, Refrigerator
Standard status
Active
APN
14513090007
Size
2,231 SF
Lot size
0.09 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
80X50 Bldg & Land W-04 B-0320 L-019A P-02200
Tax Annual Amount
3800

Utilities

Utilities
Phone Available
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Year built
1930
Floors in Building
2
Number of units
2
Flooring type
Carpet, Vinyl
Building materials
Aluminum Siding
Roof type
Asphalt
Architectural style
Other
Listing Agency RE/MAX Best
1200 HAMLIN HIGHWAY, HONESDALE, PA
Listed by Heather L Meagher · License #AB068538
Added: Jun 22 Checked: Jul 20 at 12:06 pm
MLS# SC262967 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 updated two-family property features two separate 3-bedroom, 1-bath apartments. Each unit includes an open layout, a mudroom off the kitchen, and access to a large attic for additional storage. The vacant side has been completely updated with new flooring, kitchen, and bathroom features, while the occupied side was updated approximately 11 years ago and currently has a tenant in place.

The home offers city gas service, a wraparound front porch, and off-street parking with a driveway. A new roof was installed in 2022 with a complete tear-off and replaced plywood. Located in West Scranton near local amenities, schools, shopping, and major routes, the property is positioned for either an owner-occupant or an investor interested in a two-unit residential income asset.

Key Highlights

  • Updated two‑family home in West Scranton with two 3‑bedroom, 1‑bath apartments
  • Vacant unit is completely updated with new flooring, kitchen, and bathroom
  • Occupied unit has a tenant in place; updates completed approximately 11 years ago

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 $28.1k $12.60
− Vacancy −$1.8k −$0.82
EGI $26.3k $11.78
− OpEx −$7.9k −$3.53
NOI $18.4k $8.25
2,231 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$262.8K
$230.0K – $306.6K (±1% cap)
NOI $18,398 @ 7.0% cap · market cap 5.75%
Second Best
Apartment 5plus
$245.7K
$215.0K – $286.7K (±1% cap)
NOI $17,200 @ 7.0% cap · market cap 5.38%
Theoretical Best
Office A
$566.3K
$495.5K – $660.7K (±1% cap)
NOI $39,639 @ 7.0% cap · market cap 12.39%
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 Parking Lot & Garage Law Firm HVAC Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Skin Care Clinic Locksmith Kitchen & Bath Showroom Acupuncture

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

FAQs

What type of property is this?
Duplex - Two 3-bedroom, 1-bath units offer open layouts, mudrooms, attic storage, and off-street parking with a driveway.
Where is this duplex located?
The property is located at 1810-1812 Lafayette Street Scranton, PA.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Updated two‑family home in West Scranton with two 3‑bedroom, 1‑bath apartments; Vacant unit is completely updated with new flooring, kitchen, and bathroom; Occupied unit has a tenant in place; updates completed approximately 11 years ago
Contact an agent
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