Duplex with Six
For Sale
$249,000
Pending
1250 S 1252 6th, Scranton, PA 18504
Residential Income, Scranton, PA
Property Size2,950 SF
Lot Size0.20 Acres
Days on Market416
Property Features for 1250 S 1252 6th
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 3, Bedroom 6, Bedroom 2, Bedroom 5, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Basement, Bathroom 3
Basement
Unfinished
Elementary school district
Scranton
Middle school district
Scranton
High school district
Scranton
Directions
Main Ave in Scranton. Turn on: Colan court. Then onto 6th Street.
Standard status
Pending
APN
15617080024
Size
2,950 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2024
Building Details
Year built
1950
Floors in Building
2
Number of units
2
Listing Agency:
Berkshire Hathaway Home Services Preferred Properties · Berkshire Hathaway HomeServices
(570) 585-1500
Listed By:
Colleen A Weissman · License #RS285514
(570) 604-2335
Added: Jul 5, 2025
Changed: Aug 19
Last Checked: Aug 24 at 2:06PM
MLS# SC253347
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 features a total building size of 2,950 square feet and was built in 1950. The unit layout includes six bedrooms and four bathrooms, with a basement included as part of the property’s interior space.
The property sits on a 0.2-acre lot in R3 zoning and is located at 1250 S 1252 6th, Scranton, PA 18504. The listing remarks note the property is subject to a short sale.
As an income-focused duplex, the configuration is designed around a multi-bedroom, multi-bathroom setup across the two units, with the basement adding additional usable space for everyday storage and operations.
The property sits on a 0.2-acre lot in R3 zoning and is located at 1250 S 1252 6th, Scranton, PA 18504. The listing remarks note the property is subject to a short sale.
As an income-focused duplex, the configuration is designed around a multi-bedroom, multi-bathroom setup across the two units, with the basement adding additional usable space for everyday storage and operations.
Key Highlights
- R3 zoning duplex at 1250 S 1252 6th, Scranton, PA 18504
- 2,950 SF duplex built in 1950
- 0.2‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,743
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.13%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$454,860
$454.9K
Cap Rate 7%
$324,900
$324.9K
Cap Rate 9%
$252,700
$252.7K
Market Conditions
NOI Build-Up for 2,950 SF
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.
Gross rent
$43.9K $14.88/SF
− Vacancy
−$2.5K −$0.86/SF
EGI
$41.4K $14.02/SF
− OpEx
−$18.6K −$6.31/SF
NOI
$22.7K $7.71/SF
Area
Lackawanna County, PA
Vacancy
5.80%
Lease Rate
$14.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$454,860
Cap Rate 7%
$324,900
Cap Rate 9%
$252,700
Alternative Uses
Best Use
Multifamily LT 5
$347.5K
$304.1K – $405.5K
NOI $24,328 @ 7.0% cap · market cap 9.77%
Second Best
Apartment 5plus
$324.9K
$284.3K – $379.1K
NOI $22,743 @ 7.0% cap · market cap 9.13%
Theoretical Best
Office A
$748.8K
$655.2K – $873.6K
NOI $52,414 @ 7.0% cap · market cap 21.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
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 - Duplex in R3 zoning on a 0.2-acre lot with six bedrooms and four bathrooms.
Where is this duplex located?
The property is located at 1250 S 1252 6th Scranton, PA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: R3 zoning duplex at 1250 S 1252 6th, Scranton, PA 18504; 2,950 SF duplex built in 1950; 0.2‑acre lot
