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    Unique Multi-Family Scranton Property

    1804 N Main Avenue Scranton, PA 18508

    1804 N Main Avenue, Scranton, PA, 18508
    $359,000
    For Sale
    Claim this Listing
    $359,000

    MULTI_FAMILY - Scranton, PA

    Property Size4,470 SF
    Lot Size0.50 Acres
    Price / SF$80.31
    AddedMay 27
    Days on Market51
    Last RefreshJul 16 at 9:06 am

    Property Features for 1804 N Main Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    NC
    Bedrooms
    7
    Bathrooms
    4
    Rooms
    Bedroom 2, Bedroom 7, Bedroom 4, Bathroom 4, Basement, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
    Parking features
    Off Street, Garage
    Patio and Porch features
    Deck, Patio, Porch
    Basement
    Unfinished
    Standard status
    Active
    APN
    13412080037
    Size
    4,470 SF
    Lot size
    0.50 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    9064

    Utilities

    Sewer type
    Public Sewer
    Water source
    Public

    Building Details

    Year built
    1880
    Floors in Building
    2
    Number of units
    3
    Roof type
    Shingle

    Listing agent Jim Nasser License #AB065869

    Listing office NASSER REAL ESTATE, INC. 304 N. Main Ave., Scranton, PA

    Listing date May 27, 2026

    MLS# SC262445 Listing URL

    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 unique property offers high income potential and includes a large 9-room Victorian home, formerly a funeral parlor, along with a separate single-family home and a two-story brick garage. The garage is suitable for car storage or potential apartment conversion. Situated on a 0.5-acre lot, the property features ample wooded land in the rear. The property is located in Scranton, PA.

    Key Highlights

    • 9‑room Victorian home (former funeral parlor) plus an additional single‑family home and a 2‑story brick garage
    • Set on 1/2 acre with wooded land in the rear
    • Multiple bedrooms and bathrooms, including 4 bathrooms and a basement

    Local Financial Insights For Industrial

    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 $39.5k $8.83
    − Vacancy −$2.2k −$0.49
    EGI $37.3k $8.34
    − OpEx −$11.2k −$2.50
    NOI $26.1k $5.83
    4,470 SF · lease $8.83/SF/yr · vacancy 5.60% · expense 30.00%

    Alternative Uses

    Best Use
    Mixed Use
    $646.6K
    $565.7K – $754.3K (±1% cap)
    NOI $45,259 @ 7.0% cap · market cap 12.61%
    Second Best
    Retail
    $600.1K
    $525.1K – $700.1K (±1% cap)
    NOI $42,007 @ 7.0% cap · market cap 11.70%
    Theoretical Best
    Office A
    $1.13M
    $992.8K – $1.32M (±1% cap)
    NOI $79,420 @ 7.0% cap · market cap 22.12%
    Zoning and permitted uses should be independently verified with local authorities.

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Parking Lot & Garage Law Firm HVAC Service Electrical Service Bakery Skin Care Clinic Home Appliance Store Cafe & Coffee Shop Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

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    FAQs

    What type of property is this?
    Mixed-use property - Victorian home, single-family home, and garage on 0.5 acres.
    Where is this mixed-use property located?
    The property is located at 1804 N Main Avenue Scranton, PA.
    What is the asking price?
    The asking price for this property is $359,000.
    What are key features of this property?
    This property features: 9‑room Victorian home (former funeral parlor) plus an additional single‑family home and a 2‑story brick garage; Set on 1/2 acre with wooded land in the rear; Multiple bedrooms and bathrooms, including 4 bathrooms and a basement
    Contact an agent
    (570) 309-8799
    We can help!
    Contact an agent
    Jim Nasser
    Jim Nasser
    Real Estate License ID: AB065869
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