Two-Unit Duplex with Yard
For Sale
$297,000
Pending
1209 Stafford Avenue, Scranton, PA 18505
Residential Income, Scranton, PA
Property Size2,472 SF
Lot Size0.27 Acres
Days on Market96
Property Features for 1209 Stafford Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2
Zoning description
Multi-Family
Bedrooms
4
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Bedroom 4, Basement, Bathroom 3, Bathroom 1, Bedroom 1, Bathroom 2
Parking
4
Parking features
On Street, Driveway
Patio and Porch features
Patio, Deck, Porch
Interior features
Eat-in Kitchen
Basement
Partially Finished, Storage Space, Walk-Up Access, Full, Walk-Out Access
Appliances
Dishwasher, Refrigerator, Microwave, Exhaust Fan, Electric Oven
Lot features
Back Yard, Views, Level, Open Lot
Elementary school district
Scranton
Middle school district
Scranton
High school district
Scranton
Directions
Moosic Street turn onto Stafford Avenue, House is situated on the last block on the left.
Standard status
Pending
APN
16712040015
Size
2,472 SF
Lot size
0.27 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3317
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Building Details
Year built
1913
Floors in Building
2
Number of units
2
Flooring type
Linoleum, Vinyl, Carpet, Wood
Building materials
Frame, Stucco
Roof type
Shingle, Composition
Architectural style
Other
Buildings
1
Listing Agency:
C21 Jack Ruddy Real Estate · Century 21 Real Estate
(570) 344-6724
Listed By:
DEBORAH T KOHUT · License #RS203925L
(570) 947-5565
Added: Jul 30
Changed: Oct 24
Last Checked: Nov 2 at 10:06AM
MLS# SC263741
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 2,472-square-foot duplex contains two residential units within a frame and stucco building constructed in 1913. The first-floor residence offers two bedrooms, one and a half baths, living and dining rooms, a kitchen, main-level laundry, and a walk-out lower level with a family room and half bath. The second-floor unit includes two bedrooms, a living room, an eat-in kitchen, one bath, and a stackable washer and dryer hookup. Additional basement space supports utilities and storage needs.
The property occupies one of two 80-by-75-foot lots, totaling 0.27 acres, with substantial yard area, a deck, patio, porch, driveway, and on-street parking. Rear alley access adds another point of entry. Each unit has its own natural-gas forced-air heating system, with separate electrical, heat, and hot-water service; the property has one water line. Public water and public sewer serve the building, which has a composition shingle roof.
The property occupies one of two 80-by-75-foot lots, totaling 0.27 acres, with substantial yard area, a deck, patio, porch, driveway, and on-street parking. Rear alley access adds another point of entry. Each unit has its own natural-gas forced-air heating system, with separate electrical, heat, and hot-water service; the property has one water line. Public water and public sewer serve the building, which has a composition shingle roof.
Key Highlights
- Two‑unit duplex with 2,472 square feet of building area
- 0.27‑acre property comprising one of two 80‑by‑75‑foot lots
- First‑floor unit includes 2 bedrooms, 1.5 baths, laundry, and walk‑out lower‑level living space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,386
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,720
$407.7K
Cap Rate 7%
$291,229
$291.2K
Cap Rate 9%
$226,511
$226.5K
Market Conditions
NOI Build-Up for 2,472 SF
Gross rent
$31.1K $12.60/SF
− Vacancy
−$2.0K −$0.82/SF
EGI
$29.1K $11.78/SF
− OpEx
−$8.7K −$3.53/SF
NOI
$20.4K $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%
$407,720
Cap Rate 7%
$291,229
Cap Rate 9%
$226,511
Alternative Uses
Best Use
Multifamily LT 5
$291.2K
$254.8K – $339.8K
NOI $20,386 @ 7.0% cap · market cap 6.86%
Second Best
Apartment 5plus
$272.2K
$238.2K – $317.6K
NOI $19,057 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$627.4K
$549.0K – $732.0K
NOI $43,921 @ 7.0% cap · market cap 14.79%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - R2-zoned duplex with separate heating and electrical systems, off-street parking, and additional lower-level living area.
Where is this duplex located?
The property is located at 1209 Stafford Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $297,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,472 square feet of building area; 0.27‑acre property comprising one of two 80‑by‑75‑foot lots; First‑floor unit includes 2 bedrooms, 1.5 baths, laundry, and walk‑out lower‑level living space
