Duplex with Fenced
For Sale
$275,000
3009 3011 Cedar Avenue, Scranton, PA 18505
Residential Income, Scranton, PA
Property Size1,800 SF
Lot Size0.21 Acres
Price / SF$152.78
Days on Market9
Property Features for 3009 3011 Cedar Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 2, Basement, Bedroom 2, Bedroom 3
Parking features
On Street
Patio and Porch features
Porch
Interior features
Open Floorplan, Walk-In Closet(s), Recessed Lighting
Exterior features
Private Yard
Basement
Concrete, Unfinished
Appliances
Microwave, Washer/Dryer, Range
Lot features
Back Yard, Gentle Sloping, City Lot
Elementary school district
Scranton
Middle school district
Scranton
High school district
Scranton
Directions
81 to Davis Street Right on Cedar. 1/2 way down block on the Right
Standard status
Active
APN
16717010024
Size
1,800 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
60X150 Bldg & Land W-24 B-0100 L-0100 P-00300
Tax Annual Amount
4676
Legal Description
60X150 Bldg & Land W-24 B-0100 L-0100 P-00300
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
fully fenced yard
Building Details
Year built
1930
Floors in Building
2
Number of units
2
Flooring type
Combination
Building materials
Stone Veneer, Vinyl Siding
Roof type
Shingle, Asphalt
Architectural style
Other
Listing Agency:
C21 Jack Ruddy Real Estate · Century 21 Real Estate
(570) 344-6724
Listed By:
Joanne L. Rezzino
(570) 212-0688
Added: Oct 20
Changed: Oct 26
Last Checked: Oct 28 at 1:06PM
MLS# SC265355
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.
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Investment Insights
Based on property information with market context.
This 1,800-square-foot duplex contains two units, with four bedrooms and two bathrooms across the property. Built in 1930, it has a porch, a fully fenced yard, and a 0.21-acre lot. Interior features include an open floorplan, walk-in closet, and recessed lighting. Heating is forced air with natural gas, and the building has central air conditioning.
Located at 3009–3011 Cedar Avenue in Scranton, the property is zoned R1. Public water and sewer serve the site, and parking is on the street.
Located at 3009–3011 Cedar Avenue in Scranton, the property is zoned R1. Public water and sewer serve the site, and parking is on the street.
Key Highlights
- Two‑unit duplex with 1,800 square feet
- 0.21‑acre parcel with fully fenced yard
- Four bedrooms and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,844
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,880
$296.9K
Cap Rate 7%
$212,057
$212.1K
Cap Rate 9%
$164,933
$164.9K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$22.7K $12.60/SF
− Vacancy
−$1.5K −$0.82/SF
EGI
$21.2K $11.78/SF
− OpEx
−$6.4K −$3.53/SF
NOI
$14.8K $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%
$296,880
Cap Rate 7%
$212,057
Cap Rate 9%
$164,933
Alternative Uses
Best Use
Multifamily LT 5
$212.1K
$185.6K – $247.4K
NOI $14,844 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$198.2K
$173.5K – $231.3K
NOI $13,877 @ 7.0% cap · market cap 5.05%
Theoretical Best
Office A
$456.9K
$399.8K – $533.0K
NOI $31,981 @ 7.0% cap · market cap 11.63%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
381
Businesses Nearby
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Business Placement
Demographics for 18505, PA
20,982
Population
9,996
Households
2.1
Avg Household Size
39
Median Age
26%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
2,384
Density / Sq Mi
$52,599
Median Household Income
$34,155
Median Earnings
$954
Median Rent
$139,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units share a fenced outdoor area and a porch.
Where is this duplex located?
The property is located at 3009 3011 Cedar Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,800 square feet; 0.21‑acre parcel with fully fenced yard; Four bedrooms and two bathrooms
