Duplex with Separate
2902 Frink St, Scranton, PA 18504
For Sale
$249,995
Both residences include open living and dining areas, private utility service, and access to decks overlooking the yard.
Property Size2,250 SF
Lot Size0.35 Acres
Price / SF$111.11
Days on Market100
Property Features for 2902 Frink St
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Utilities to Site
Amenities
decks
yard
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
The Hub Real Estate Group Scranton
Listed By:
Pat Rogan · License PA RS329526
(570) 906-4344
Source:
Revolvepa
Added: Aug 3
Changed: Oct 25
Last Checked: Oct 5 at 10:08PM
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 The Hub Real Estate Group Scranton
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Investment Insights
Based on property information with market context.
This duplex includes two residential units, each arranged with an open living and dining area and separate utilities. Decks extend the usable outdoor space, with views across the yard. The property also provides off-street parking and sits on a 0.35-acre parcel, offering more land than a typical compact residential setting.
Located at 2902 Frink St in Scranton’s West Mountain area, the property combines a two-unit configuration with outdoor amenities and utility separation. The existing layout leaves room for future personal updates while retaining the core features of the residences, including deck access, yard space, and on-site parking.
Located at 2902 Frink St in Scranton’s West Mountain area, the property combines a two-unit configuration with outdoor amenities and utility separation. The existing layout leaves room for future personal updates while retaining the core features of the residences, including deck access, yard space, and on-site parking.
Key Highlights
- Two‑unit duplex configuration
- Separate utilities for each unit
- 0.35‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,555
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,100
$371.1K
Cap Rate 7%
$265,071
$265.1K
Cap Rate 9%
$206,167
$206.2K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$28.4K $12.60/SF
− Vacancy
−$1.8K −$0.82/SF
EGI
$26.5K $11.78/SF
− OpEx
−$8.0K −$3.53/SF
NOI
$18.6K $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%
$371,100
Cap Rate 7%
$265,071
Cap Rate 9%
$206,167
Alternative Uses
Best Use
Multifamily LT 5
$265.1K
$231.9K – $309.3K
NOI $18,555 @ 7.0% cap · market cap 7.42%
Second Best
Apartment 5plus
$247.8K
$216.8K – $289.1K
NOI $17,346 @ 7.0% cap · market cap 6.94%
Theoretical Best
Office A
$571.1K
$499.7K – $666.3K
NOI $39,976 @ 7.0% cap · market cap 15.99%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
127
Businesses Nearby
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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
$144,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Scranton, PA
Properties on Market for Duplexes in Scranton
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include open living and dining areas, private utility service, and access to decks overlooking the yard.
Where is this duplex located?
The property is located at 2902 Frink St Scranton, PA.
What is the asking price?
The asking price for this property is $249,995.
What are key features of this property?
This property features: Two‑unit duplex configuration; Separate utilities for each unit; 0.35‑acre lot
