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Renovated Duplex
New
For Sale
$199,000

1028-1030 Snyder Avenue, Scranton, PA 18504

Residential Income, Scranton, PA

Property Size1,980 SF
Lot Size0.10 Acres
Price / SF$100.51
Days on Market4

Property Features for 1028-1030 Snyder Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R1
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 1, Bedroom 6, Bedroom 3, Basement, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 2
Parking 2
Basement Unfinished
Appliances Range, Refrigerator
Elementary school district Scranton
Middle school district Scranton
High school district Scranton
Directions N Main Ave towards Walmart, left onto Landis Street (across from St Ann St), go half block property on left.
Standard status Active
APN 15613070067
Size 1,980 SF
Lot size 0.10 Acres

Additional Details

Individually Metered Utilities gas, electric, water

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2924

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Electric (Heating), Natural Gas
Water source Public

Building Details

Year built 1940
Floors in Building 2
Number of units 2
Flooring type Vinyl
Building materials Vinyl Siding
Roof type Shingle
Buildings 1
Listing Agency: EXP Realty LLC
Listed By: Alexsis McGhee
Added: Oct 23 Last Checked: Oct 26 at 7:06AM
MLS# SC265350

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.

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Investment Insights

Based on property information with market context.

This two-unit property contains 1,980 square feet on a 0.1-acre lot. Each residence is arranged with three bedrooms, a living room, a kitchen, and a full bathroom. Both units have been renovated, and utilities are separately metered. The building dates to 1940 and has vinyl siding, vinyl flooring, and a shingle roof. Range and refrigerator appliances are included.

Located at 1028-1030 Snyder Avenue in Scranton, the property has R1 zoning, public water, and public sewer. Cable service is available.

Key Highlights

  • Two units, each with three bedrooms, a living room, kitchen, and full bathroom
  • 1,980 square feet on a 0.1‑acre lot
  • Renovated units with separate utility meters

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,328
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,560 $326.6K
Cap Rate 7%
$233,257 $233.3K
Cap Rate 9%
$181,422 $181.4K
Market Conditions
NOI Build-Up for 1,980 SF
Gross rent
$24.9K $12.60/SF
− Vacancy
−$1.6K −$0.82/SF
EGI
$23.3K $11.78/SF
− OpEx
−$7.0K −$3.53/SF
NOI
$16.3K $8.25/SF
Area
Lackawanna County, PA
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,560
Cap Rate 7%
$233,257
Cap Rate 9%
$181,422

Alternative Uses

Best Use
Multifamily LT 5
$233.3K
$204.1K – $272.1K (±1% cap)
NOI $16,328 @ 7.0% cap · market cap 8.21%
Second Best
Apartment 5plus
$218.1K
$190.8K – $254.4K (±1% cap)
NOI $15,264 @ 7.0% cap · market cap 7.67%
Theoretical Best
Office A
$502.6K
$439.7K – $586.3K (±1% cap)
NOI $35,179 @ 7.0% cap · market cap 17.68%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

600
Businesses Nearby

Demographics for 18504, PA

21,267
Population
10,017
Households
2.1
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
10.2 sq mi
ZIP Area
2,085
Density / Sq Mi
$52,542
Median Household Income
$38,439
Median Earnings
$970
Median Rent
$144,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has three bedrooms, a living room, a kitchen, and a full bathroom.
Where is this duplex located?
The property is located at 1028-1030 Snyder Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two units, each with three bedrooms, a living room, kitchen, and full bathroom; 1,980 square feet on a 0.1‑acre lot; Renovated units with separate utility meters
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