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    Four Units Plus Garage Scranton Title is generated by Realmo AI

    1142 Academy Street, Scranton, PA 18504

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    Claim this Listing
    New
    For Sale
    $470,000

    MULTI_FAMILY - Scranton, PA

    Property size:
    3,719 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $126/SF
    Added:
    May 8, 2026
    Days on Market:
    1
    Last Refresh:
    May 8 at 6:06 pm

    Property Features for 1142 Academy Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R2
    Bedrooms
    9
    Bathrooms
    5
    Rooms
    Bedroom 2, Basement, Bedroom 7, Bathroom 2, Bedroom 4, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 8, Bedroom 6, Bedroom 9
    Basement
    Unfinished
    Standard status
    Active
    APN
    14517060052
    Size
    3,719 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Year
    2025

    Building Details

    Year built
    1920
    Floors in Building
    2
    Number of units
    4

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    Listing Contact
    Thomas Meyer
    Thomas Meyer

    Listing agent Thomas Meyer License #RS346125

    Listing office Berkshire Hathaway Home Services Preferred Properties 721 S. State St., Clarks Summit, PA

    Listing date May 8, 2026

    MLS# SC262067 Listing URL

    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.

    HighLights

    • Four units (3 in one building, 1 single‑family home) and a garage on one lot offer significant income potential or owner‑occupancy options.
    • Newly renovated units with separate gas heat and electric meters simplify management and tenant billing.
    • Two vacant 1‑bedroom units are ready to rent for immediate income generation.
    • Updated mechanicals including new gas furnaces with forced air heat, new water heaters, updated electrical, and plumbing.
    • Renovations include new floors, kitchens, bathrooms, and siding.
    • Detached garage provides additional income potential or owner convenience.

    Overview

    This property features two buildings with a total of four units and a detached garage, all situated on the same lot in Central Scranton. The property includes a large three-unit building on Academy Street and a single-family, three-bedroom home on Rachel Place. The units have been recently renovated and are equipped with separate gas heat and electric meters. The left side of the building contains two vacant one-bedroom units ready for rental. The right side features one four-bedroom unit with two bathrooms, which is currently rented. The property includes three new gas furnaces with forced air heat, new water heaters, floors, kitchens, bathrooms, and siding. Updated electrical, plumbing, and windows are present throughout. The property offers the option to live in the three-bedroom home with a garage or rent all four units and the garage. The property is zoned R2 and has outstanding income potential. The lot size is 0.13 acres, and the property size is 3719 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.684339
    Latitude
    41.411093

    FAQs

    What type of property is this?
    Multifamily property - Four units and a garage on the same lot.
    Where is this multifamily property located?
    The property is located at 1142 Academy Street Scranton, PA.
    What is the asking price?
    The asking price for this property is $470,000.
    What are key features of this property?
    This property features: Four units (3 in one building, 1 single‑family home) and a garage on one lot offer significant income potential or owner‑occupancy options.; Newly renovated units with separate gas heat and electric meters simplify management and tenant billing.; Two vacant 1‑bedroom units are ready to rent for immediate income generation.
    More about this property
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