Renovated Duplex with
For Sale
$220,000
215 Saint Frances Cabrini Ave, Scranton, PA 18504
Two-unit residential property with separate electric, private parking access, outdoor areas, and updated interiors.
Property Size1,751 SF
Price / SF$125.64
Days on Market55
Property Features for 215 Saint Frances Cabrini Ave
General Information
Standard status
Active
Size
1,751 SF
Property subtype
Multi-Family
Units
Unit Mix
2BR/1BA, 3BR/1BA + loft
Multifamily Units
2
Amenities
in unit laundry
private parking area
small backyard
rear deck
Building Details
Year Built
1920
Buildings
1
Stories
3
Listing Agency:
EXP Realty LLC
Listed By:
Alexsis McGhee · License #RS366599
(570) 520-8867
Source:
Revolvepa
Added: Aug 22
Changed: Oct 3
Last Checked: Oct 6 at 12:43AM
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 EXP Realty LLC
Investment Insights
Based on property information with market context.
This renovated duplex contains two distinct residential units. The first-floor apartment offers 2 bedrooms, 1 bathroom, in-unit laundry, rear access to private parking, and a small backyard. The second residence occupies the second and third floors and includes 3 bedrooms, 1 bathroom, a loft area, and a rear deck. The loft can serve as office, play, or storage space.
Separate electric service serves the units. The property was built in 1920 and has a stated property size of 1751. Its two-unit configuration and varied outdoor features provide a clear residential income profile, with one unit on the first floor and the other extending across two upper levels.
Separate electric service serves the units. The property was built in 1920 and has a stated property size of 1751. Its two-unit configuration and varied outdoor features provide a clear residential income profile, with one unit on the first floor and the other extending across two upper levels.
Key Highlights
- Two‑unit duplex with 2‑bedroom and 3‑bedroom residences
- First‑floor unit includes in‑unit laundry and rear access to private parking
- Upper unit spans the second and third floors and includes a loft
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,440
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,800
$288.8K
Cap Rate 7%
$206,286
$206.3K
Cap Rate 9%
$160,444
$160.4K
Market Conditions
NOI Build-Up for 1,751 SF
Gross rent
$22.1K $12.60/SF
− Vacancy
−$1.4K −$0.82/SF
EGI
$20.6K $11.78/SF
− OpEx
−$6.2K −$3.53/SF
NOI
$14.4K $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%
$288,800
Cap Rate 7%
$206,286
Cap Rate 9%
$160,444
Alternative Uses
Best Use
Multifamily LT 5
$206.3K
$180.5K – $240.7K
NOI $14,440 @ 7.0% cap · market cap 6.56%
Second Best
Apartment 5plus
$192.8K
$168.7K – $225.0K
NOI $13,499 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$444.4K
$388.9K – $518.5K
NOI $31,111 @ 7.0% cap · market cap 14.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
313
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with separate electric, private parking access, outdoor areas, and updated interiors.
Where is this duplex located?
The property is located at 215 Saint Frances Cabrini Ave Scranton, PA.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Two‑unit duplex with 2‑bedroom and 3‑bedroom residences; First‑floor unit includes in‑unit laundry and rear access to private parking; Upper unit spans the second and third floors and includes a loft
