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    Two-Unit Duplex Investment Title is generated by Realmo AI

    206 Crown Avenue, Scranton, PA 18505

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    Claim this Listing
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    For Sale
    $224,500

    MULTI_FAMILY - Scranton, PA

    Property size:
    1,500 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $149/SF
    Added:
    Jun 11, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 17 at 10:06 am

    Property Features for 206 Crown Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R2
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 4, Basement, Bedroom 1, Bathroom 1
    Parking
    1
    Parking features
    Driveway
    Patio and Porch features
    Patio, Porch, Deck
    Interior features
    Eat-in Kitchen
    Exterior features
    Rain Gutters
    Basement
    Unfinished, Dirt Floor, Concrete
    Appliances
    Electric Range, Refrigerator, Electric Water Heater
    Standard status
    Active
    APN
    15761020033
    Size
    1,500 SF
    Lot size
    0.07 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    2079

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1935
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Laminate, Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Composition

    We can help!

    Listing Contact
    Annabelle Rogers

    Listing agent Annabelle Rogers

    Listing office REALTY NETWORK GROUP 222 NORTHERN BLVD, Clarks Summit, PA

    Listing date Jun 11, 2026

    MLS# SC262760 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.

    HighLights

    • Duplex with two fully rented 2‑bedroom, 1‑bath units to long‑term tenants
    • Separate utilities for each unit plus one shared off‑street parking space
    • Shared backyard and outdoor deck, porch, and patio
    • Built in 1935 with vinyl siding and a composition roof
    • Public water and public sewer; electric baseboard heating
    • Interior includes eat‑in kitchen, with vinyl and laminate flooring

    Overview

    This property is a duplex featuring two fully rented units. Each unit offers two bedrooms and one bathroom, with separate utilities in place. The units share a backyard and share one off-street parking space.

    The duplex is located at 206 Crown Avenue in Scranton, Pennsylvania, in Lackawanna County. The property is listed as zoned R2, and sits on a lot size of 0.07 acres.

    For investors or owner-operators seeking a residential income property with independent utilities and two-bedroom layouts on one parcel, this duplex provides a simple, repeatable unit configuration. The presence of long-term tenants supports an income-focused use case consistent with the duplex format described in the offering.

    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 $18.9k $12.60
    − Vacancy −$1.2k −$0.82
    EGI $17.7k $11.78
    − OpEx −$5.3k −$3.53
    NOI $12.4k $8.25
    1,500 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $176.7K
    $154.6K – $206.2K (±1% cap)
    NOI $12,370 @ 7.0% cap · market cap 5.51%
    Second Best
    Apartment 5plus
    $165.2K
    $144.6K – $192.7K (±1% cap)
    NOI $11,564 @ 7.0% cap · market cap 5.15%
    Theoretical Best
    Office A
    $380.7K
    $333.1K – $444.2K (±1% cap)
    NOI $26,651 @ 7.0% cap · market cap 11.87%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.654951
    Latitude
    41.398211

    FAQs

    What type of property is this?
    Duplex - Two fully rented two-bedroom units with separate utilities offer a straightforward residential income setup.
    Where is this duplex located?
    The property is located at 206 Crown Avenue Scranton, PA.
    What is the asking price?
    The asking price for this property is $224,500.
    What are key features of this property?
    This property features: Duplex with two fully rented 2‑bedroom, 1‑bath units to long‑term tenants; Separate utilities for each unit plus one shared off‑street parking space; Shared backyard and outdoor deck, porch, and patio
    More about this property
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