1406 N Main Avenue, Scranton, PA 18508
- Added:
- Mar 17, 2026
- Days on Market:
- 93
- Last Refresh:
- Jun 17 at 9:06 am
Property Features for 1406 N Main Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Basement, Bathroom 3, Bedroom 1
- Parking features
- Carport, On Street, Driveway
- Patio and Porch features
- Porch
- Exterior features
- Private Yard
- Fencing
- Chain Link, Fenced
- Basement
- Partially Finished, Walk-Out Access
- Appliances
- Gas Range, Refrigerator
- Standard status
- Pending
- APN
- 13416030041
- Size
- 2,500 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 50X80
- Tax Annual Amount
- 2284
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Linoleum, Tile, Vinyl
- Building materials
- Vinyl Siding
- Roof type
- Composition
- Architectural style
- Other
Listing agent Lizbeth Vaquero License #RS355766 (570) 309-1334
Listing office Iron Valley Real Estate Greater Scranton 201 E. Drinker Street, Dunmore, PA (570) 300-4766
Listing date Mar 17, 2026
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
- Up/down duplex on busy North Main Avenue with commercial zoning; corner lot with private enclosed yard
- Each unit has 2 bedrooms and 1 bathroom, with a living room, kitchen with pantry, dedicated laundry area, and separate entrances
- Finished lower level adds extra living/recreation/storage space, plus basement
- Recent updates include new roof, new rear porch, newer flooring throughout, updated kitchen cabinets and bathroom vanity
- Mechanical upgrades: new furnace, new water heaters, and new windows throughout; natural gas heating and window‑unit cooling
- Utilities and parking: 2 gas meters and 2 electric meters; carport for up to 3 vehicles, driveway, and on‑street parking
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.5k | $12.60 |
| − Vacancy | −$2.0k | −$0.82 |
| EGI | $29.5k | $11.78 |
| − OpEx | −$8.8k | −$3.53 |
| NOI | $20.6k | $8.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Scranton
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -75.663337
- Latitude
- 41.431789
