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    623 E Elm St Scranton, PA 18505

    Pending
    For Sale
    $325,000

    MULTI_FAMILY - Scranton, PA

    Property size:
    3,508 SF
    Lot size:
    0.21 Acres
    Days on Market:
    11
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for 623 E Elm St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    R1
    Rooms
    Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 1, Basement, Bedroom 1
    Bedrooms
    4
    Bathrooms
    4
    APN
    16708010003
    Parking features
    On Street
    Patio and Porch features
    Porch
    Exterior features
    Private Yard
    Basement
    Unfinished
    Appliances
    Range, Washer/Dryer, Refrigerator
    Size
    3,508 SF
    Lot size
    0.21 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Water source
    Public

    Building Details

    Year built
    1940
    Floors in Building
    3
    Number of units
    4
    Flooring type
    Combination, Laminate
    Building materials
    Vinyl Siding
    Roof type
    Composition

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

    Listing agent Judy Cerra (570) 585-1500

    Listing date Nov 25, 2025

    MLS# SC254337 Listing URL

    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

    South Scranton Multifamily Property

    Located in South Scranton, this multifamily property features four units. Two units are currently vacant and available for immediate occupancy, while the other two are tenant-occupied. Units 3 and 4 have been recently renovated. The property includes a walk-up floored attic. It is equipped with gas heat and gas hot water. The furnace was serviced in 2025. The lot size is 0.21 acres and the property size is 3,508 square feet. The zoning is R1.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.666909
    Latitude
    41.393593

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    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property in South Scranton with recent renovations.
    Where is this quadplex located?
    The property is located at 623 E Elm St Scranton, PA.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Two units are vacant and ready for immediate occupancy, offering immediate rental income potential or owner-occupancy opportunity.; - Two units have been newly renovated, suggesting modern amenities and reduced maintenance costs.; - Property consists of 4 units, providing a multi-family investment opportunity.
    (570) 585-1500
    Request Owner's contact information
    623 E Elm St Scranton, PA 18505
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    Scranton, PA 18505
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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
    623 E Elm St Scranton, PA 18505
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