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3-Unit Triplex with Separate Utilities
New
For Sale
$288,000

338 E Elm Street, Scranton, PA 18505

Residential Income, Scranton, PA

Property Size3,455 SF
Lot Size0.15 Acres
Price / SF$83.36
Days on Market3

Property Features for 338 E Elm Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description Multi-Family
Bedrooms 9
Full bathrooms 3
Rooms Bedroom 9, Bathroom 1, Bedroom 8, Basement, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 3, Bedroom 7, Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 6
Appliances Electric Oven, Refrigerator
Subdivision Scranton City
Standard status Active
APN 15619010050
Size 3,455 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 40X162 Bldg & Land W-11 B-0200 L-0320 P-03800
Tax Annual Amount 2950
Legal Description 40X162 Bldg & Land W-11 B-0200 L-0320 P-03800

Utilities

Heating system Baseboard, Electric (Heating)

Amenities

off-street parking

Building Details

Year built 1930
Floors in Building 3
Number of units 3
Listing Agency: Keller Williams Real Estate - Stroudsburg · Keller Williams Realty
Listed By: Chelsea Aleksich · License #RS328668
Added: Aug 27 Last Checked: Aug 29 at 10:06AM
MLS# PM-144257

Copyright © 2026 Pocono Mountains Association of Realtors. 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.

Located at 338 E Elm Street in Scranton, this triplex contains 3,455 square feet across three residential units. The property includes 9 bedrooms and 3 bathrooms, with a basement contributing to the building’s layout. Constructed in 1930, the building is heated by electric baseboard systems and includes electric ovens and refrigerators. Utilities are separated between the units, and off-street parking is available at the rear.

The property occupies 0.15 acres in Scranton, Pennsylvania, within Lackawanna County. Its three-unit configuration and separate utility arrangement provide a clearly defined multifamily setup, while the existing bedroom and bathroom count supports the current residential layout.

Key Highlights

  • 3,455‑square‑foot triplex with 3 residential units
  • 9 bedrooms and 3 bathrooms
  • Utilities are separate between units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Carpet & Flooring Store Pet Grooming Service Nursing Home Tanning Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

888
Businesses Nearby

Demographics for 18505, PA

20,982
Population
9,996
Households
2.1
Avg Household Size
39
Median Age
26%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
2,384
Density / Sq Mi
$52,599
Median Household Income
$34,155
Median Earnings
$954
Median Rent
$139,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units offer separately metered utilities, rear off-street parking, and electric baseboard heat.
Where is this triplex located?
The property is located at 338 E Elm Street Scranton, PA.
What is the asking price?
The asking price for this property is $288,000.
What are key features of this property?
This property features: 3,455‑square‑foot triplex with 3 residential units; 9 bedrooms and 3 bathrooms; Utilities are separate between units
More about this property
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