Updated Duplex with
For Sale
$259,000
1413 Bulwer Street, Scranton, PA 18504
Residential Income, Scranton, PA
Property Size1,437 SF
Lot Size0.25 Acres
Price / SF$180.24
Days on Market49
Property Features for 1413 Bulwer Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Residential
Zoning description
Multi-Family
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 1
Parking
2
Appliances
Refrigerator
Elementary school district
Scranton
Middle school district
Scranton
High school district
Scranton
Directions
N Main Ave to Euclid St, take a left onto Bulwer St, the property will be on the left.
Standard status
Active
APN
13419020047
Size
1,437 SF
Lot size
0.25 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
40X112 Bldg & Land W-21 B-0810 L-0170 P-01500
Tax Annual Amount
3209
Legal Description
40X112 Bldg & Land W-21 B-0810 L-0170 P-01500
Building Details
Year built
1930
Floors in Building
2
Number of units
2
Listing Agency:
ERA One Source Realty · ERA Real Estate
(570) 587-9999
Listed By:
Matteo Adragna
(570) 507-0771
Added: Sep 14
Changed: Oct 24
Last Checked: Nov 1 at 12:06PM
MLS# SC264605
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 two-apartment duplex contains 1,437 square feet and was built in 1930. The property includes five bedrooms, two bathrooms, a refrigerator, and a detached garage. Recent improvements include a new roof on the main house and garage, along with a new electric panel. Both apartments have tenants in place, providing current rental occupancy.
The property occupies 0.25 acres in Scranton’s West Scranton area, near Tripp’s Park, with a 18504 ZIP code. Residential zoning supports the property’s existing residential configuration. The garage provides an additional improvement area within the overall site.
The property occupies 0.25 acres in Scranton’s West Scranton area, near Tripp’s Park, with a 18504 ZIP code. Residential zoning supports the property’s existing residential configuration. The garage provides an additional improvement area within the overall site.
Key Highlights
- Two‑apartment duplex with 1,437 square feet
- New roof on the main house and garage
- New electric panel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,851
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,020
$237.0K
Cap Rate 7%
$169,300
$169.3K
Cap Rate 9%
$131,678
$131.7K
Market Conditions
NOI Build-Up for 1,437 SF
Gross rent
$18.1K $12.60/SF
− Vacancy
−$1.2K −$0.82/SF
EGI
$16.9K $11.78/SF
− OpEx
−$5.1K −$3.53/SF
NOI
$11.9K $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%
$237,020
Cap Rate 7%
$169,300
Cap Rate 9%
$131,678
Alternative Uses
Best Use
Multifamily LT 5
$169.3K
$148.1K – $197.5K
NOI $11,851 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$158.3K
$138.5K – $184.6K
NOI $11,078 @ 7.0% cap · market cap 4.28%
Theoretical Best
Office A
$364.7K
$319.2K – $425.5K
NOI $25,532 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
346
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-apartment residential property with recent roof and electrical improvements, occupied apartments, and residential zoning.
Where is this duplex located?
The property is located at 1413 Bulwer Street Scranton, PA.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Two‑apartment duplex with 1,437 square feet; New roof on the main house and garage; New electric panel
