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Former Multifamily Property
For Sale
$149,995
Pending

1232 Reynolds Ave, Scranton, PA 18504

Existing zoning supports a return to multifamily use with on-site parking.

Property Size2,300 SF
Days on Market9

Property Features for 1232 Reynolds Ave

General Information

Standard status Pending
Size 2,300 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $2,442
Listing Agency: The Hub Real Estate Group Scranton
Listed By: Pat Rogan · License #RS329526
Source: Exprealty
Added: Sep 11 Changed: Sep 18 Last Checked: Sep 19 at 12:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Hub Real Estate Group Scranton

Investment Insights

Based on property information with market context.

Located at 1232 Reynolds Ave in Scranton, Pennsylvania, this 2,300-square-foot property was previously used as a multifamily home. The site includes on-site parking, and its zoning continues to meet multifamily-use requirements.

The property is positioned for consideration by buyers seeking a multifamily asset with an established use framework and the ability to restore its prior residential configuration.

Key Highlights

  • 2,300‑square‑foot former multifamily home
  • Zoning continues to meet multifamily‑use requirements
  • On‑site parking included

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Cafe & Coffee Shop Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

399
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
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Existing zoning supports a return to multifamily use with on-site parking.
Where is this multifamily property located?
The property is located at 1232 Reynolds Ave Scranton, PA.
What is the asking price?
The asking price for this property is $149,995.
What are key features of this property?
This property features: 2,300‑square‑foot former multifamily home; Zoning continues to meet multifamily‑use requirements; On‑site parking included
More about this property
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