Scranton Multifamily Property For
1830 Pittston Avenue Scranton, PA 18505
1830 Pittston Avenue, Scranton, PA, 18505
$199,000
For Sale
$199,000
MULTI_FAMILY - Scranton, PA
Property Size2,320 SF
Lot Size0.06 Acres
Price / SF$85.78
Days on Market379
Property Features for 1830 Pittston Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- r3
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Basement, Bedroom 3, Bedroom 5, Bedroom 1
- Basement
- Unfinished
- Standard status
- Active
- APN
- 1671004004201
- Size
- 2,320 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- 56X50 L Bocchino Est Parcel B W-20
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
Listing Agency
Berkshire Hathaway Home Services Preferred Properties
(570) 585-1500
721 S. State St., Clarks Summit, PA
Listed by
Colleen A Weissman · License #RS285514
(570) 604-2335
Added: Jul 5, 2025 Checked: Jul 18 at 12:06 pm
MLS# SC253345
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.
Located in Scranton, Pennsylvania, this multifamily property offers 2,320 square feet of space on a lot of 0.06 acres. The property is zoned R3 and is classified as a duplex and residential income property.
Key Highlights
- Year built: 1930
- 6 bedrooms
- 2 bathrooms
Local Financial Insights For Apartment 5plus
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 | $34.5k | $14.88 |
| − Vacancy | −$2.0k | −$0.86 |
| EGI | $32.5k | $14.02 |
| − OpEx | −$14.6k | −$6.31 |
| NOI | $17.9k | $7.71 |
2,320 SF · lease $14.88/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$273.3K
$239.2K – $318.9K
NOI $19,132 @ 7.0% cap · market cap 9.61%
Second Best
Apartment 5plus
$255.5K
$223.6K – $298.1K
NOI $17,886 @ 7.0% cap · market cap 8.99%
Theoretical Best
Office A
$588.9K
$515.3K – $687.0K
NOI $41,220 @ 7.0% cap · market cap 20.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Multifamily property in Scranton, PA, totaling 2,320 square feet.
Where is this duplex located?
The property is located at 1830 Pittston Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Year built: 1930; 6 bedrooms; 2 bathrooms
