Scranton Multifamily Property For
2089 N Main Avenue Scranton, PA 18508
2089 N Main Avenue, Scranton, PA, 18508
$379,000
For Sale
$379,000
MULTI_FAMILY - Scranton, PA
Property Size3,440 SF
Lot Size0.20 Acres
Price / SF$110.17
Days on Market382
Property Features for 2089 N Main Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- r3
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Basement, Bedroom 6, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 4, Bathroom 6, Bedroom 2
- Basement
- Unfinished
- Standard status
- Active
- APN
- 13505040046
- Size
- 3,440 SF
- Lot size
- 0.20 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 133X68x135x68 W-01 B-017 L-012 P-013
- Tax Annual Amount
- 5748
Building Details
- Year built
- 1920
- Floors in Building
- 3
- Number of units
- 5
Listing agency
Berkshire Hathaway Home Services Preferred Properties
(570) 585-1500
Listed by
Colleen A Weissman · License #RS285514
(570) 604-2335
Added: Jul 5, 2025 Updated: Jun 9 at 1:31PM Checked: Jul 21 at 3:06PM
MLS# SC253344
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 multifamily property is located in Scranton, Pennsylvania. The property has a lot size of 0.2 acres and a building size of 3,440 square feet. The zoning is R3.
Key Highlights
- Built in 1920
- 6 bedrooms (Bedroom 1 through Bedroom 6) as listed
- 6 bathrooms (Bathroom 1 through Bathroom 6) as listed
Local Financial Insights For Apartment 5plus
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 | $51.2k | $14.88 |
| − Vacancy | −$3.0k | −$0.86 |
| EGI | $48.2k | $14.02 |
| − OpEx | −$21.7k | −$6.31 |
| NOI | $26.5k | $7.71 |
3,440 SF · lease $14.88/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$378.9K
$331.5K – $442.0K
NOI $26,520 @ 7.0% cap · market cap 7.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$873.1K
$764.0K – $1.02M
NOI $61,119 @ 7.0% cap · market cap 16.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Multifamily property in Scranton, PA, totaling 3,440 square feet.
Where is this apartment building located?
The property is located at 2089 N Main Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Built in 1920; 6 bedrooms (Bedroom 1 through Bedroom 6) as listed; 6 bathrooms (Bathroom 1 through Bathroom 6) as listed
