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Triplex With Off-Street Parking
New
For Sale
$320,000

2016 N Main Avenue, Scranton, PA 18508

Three occupied units feature separate electric and heat, updated flooring, and original woodwork.

Property Size4,206 SF
Days on Market4

Property Features for 2016 N Main Avenue

General Information

Standard status Active
Size 4,206 SF
Property subtype Multi Family
Occupancy 100%

Additional Details

Highway Access Yes
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $5,787

Amenities

walking trails

Building Details

Building Size 4,206 SF
Year Built 1930
Tenancy Multi
Listing Agency: Iron Valley Real Estate Greater Scranton
Listed By: Lizbeth Vaquero · License #RS355766
Source: Luxehomesnepa
Added: Sep 5 Changed: Sep 7 Last Checked: Sep 7 at 2:49PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Iron Valley Real Estate Greater Scranton

Investment Insights

Based on property information with market context.

Built in 1930, this triplex contains three occupied residential units with separate electric and heat service. Property improvements include three brand-new water heaters, new flooring, original woodwork, high ceilings, and spacious interiors. Off-street parking serves the building, while the approximately 212-foot-deep lot provides access to walking trails behind the property.

The property is located near major highways, shopping, dining, and area amenities in Scranton, Pennsylvania. Its three-unit configuration and individually separated electric and heat systems provide a clearly defined multifamily layout for continued rental operation.

Key Highlights

  • Three‑unit multifamily property with all units currently occupied
  • Separate electric and heat systems for each unit
  • Three brand‑new water heaters and new flooring

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

863
Businesses Nearby

Demographics for 18508, PA

11,664
Population
5,466
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
1,715
Density / Sq Mi
$44,706
Median Household Income
$31,055
Median Earnings
$1,034
Median Rent
$120,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three occupied units feature separate electric and heat, updated flooring, and original woodwork.
Where is this triplex located?
The property is located at 2016 N Main Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Three‑unit multifamily property with all units currently occupied; Separate electric and heat systems for each unit; Three brand‑new water heaters and new flooring
More about this property
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