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Duplex with Off-Street Parking
For Sale
$230,000
Pending

643 Deacon Street, Scranton, PA 18509

MULTI_FAMILY - Scranton, PA

Property Size2,316 SF
Lot Size0.15 Acres
Days on Market18

Property Features for 643 Deacon Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R1
Zoning description Residential
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Basement, Bathroom 2, Bedroom 2
Parking 3
Parking features Paved or Surfaced, Driveway, Off Street, On Street
Interior features Ceiling Fan(s), Pantry
Basement Unfinished, Full
Appliances Dishwasher, Washer, Water Heater, Range, Refrigerator, Microwave, Dryer
Lot features Corner Lot, Rectangular Lot
Elementary school district Scranton
Middle school district Scranton
High school district Scranton
Directions from Greenridge St turn onto Sanderson Ave, turn left onto Deacon St, home is on the corner on the right
Standard status Pending
APN 13509050050
Size 2,316 SF
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 63X108x64x108 W-23 B-067 L-031 P-073
Tax Annual Amount 4311
Legal Description 63X108x64x108 W-23 B-067 L-031 P-073

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Steam
Water source Public

Building Details

Year built 1935
Floors in Building 2
Number of units 2
Listing Agency: REALTY NETWORK GROUP
Listed By: Annabelle Rogers
Added: Jul 17 Changed: Aug 1 Last Checked: Aug 3 at 2:06PM
MLS# SC263579

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 duplex at 643 Deacon Street offers a practical layout for owner-occupants or investors, with multiple bedrooms and two bathrooms plus a basement. Interior features include ceiling fans and a pantry. Appliances include a dishwasher, washer, dryer, range, refrigerator, microwave, and water heater. Heating is natural gas with steam heat.

The property sits on a 0.15-acre lot and was built in 1935. Water is provided by public sources and sewer services are public sewer. Parking is available with paved or surfaced spaces, including a driveway with off-street parking plus on-street parking. The property is zoned R1.

With its duplex configuration and established utility services, the home can support flexible living or rental arrangements based on the unit-by-unit occupancy you choose.

Key Highlights

  • Duplex on a 0.15‑acre lot built in 1935
  • Zoned R1
  • Natural gas steam heat

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 $29.2k $12.60
− Vacancy −$1.9k −$0.82
EGI $27.3k $11.78
− OpEx −$8.2k −$3.53
NOI $19.1k $8.25
2,316 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$272.8K
$238.7K – $318.3K (±1% cap)
NOI $19,099 @ 7.0% cap · market cap 8.30%
Second Best
Apartment 5plus
$255.1K
$223.2K – $297.6K (±1% cap)
NOI $17,855 @ 7.0% cap · market cap 7.76%
Theoretical Best
Office A
$587.8K
$514.4K – $685.8K (±1% cap)
NOI $41,149 @ 7.0% cap · market cap 17.89%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm HVAC Service Electrical Service Cafe & Coffee Shop

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

2
Residential units
50%
Occupancy

Location Intelligence

Trade Area within ½ mile

818
Businesses Nearby

Demographics for 18509, PA

13,720
Population
6,017
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
3.0 sq mi
ZIP Area
4,573
Density / Sq Mi
$52,206
Median Household Income
$31,657
Median Earnings
$991
Median Rent
$176,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Zoned R1, this duplex includes natural gas steam heat, public utilities, and off-street parking.
Where is this duplex located?
The property is located at 643 Deacon Street Scranton, PA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Duplex on a 0.15‑acre lot built in 1935; Zoned R1; Natural gas steam heat
More about this property
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