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Two-Unit Duplex
For Sale
$110,000

305 Neptune Place, Scranton, PA 18505

The first-floor apartment is occupied, while the condemned upper unit requires substantial work.

Property Size2,164 SF
Days on Market14

Property Features for 305 Neptune Place

General Information

Standard status Active
Size 2,164 SF
Property subtype Multi Family

Property Condition

Severity Major Repairs Needed
Evidence condemned

Units

Multifamily Units 2
Individually Metered Utilities all utilities

Additional Details

Utilities to Site Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $3,818

Building Details

Building Size 2,164 SF
Year Built 1920
Listing Agency: Iron Valley Real Estate Greater Scranton
Listed By: Jennifer Golden
Source: Luxehomesnepa
Added: Oct 23 Changed: Oct 31 Last Checked: Nov 4 at 9:14PM

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

Rey
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Investment Insights

Based on property information with market context.

This two-unit duplex was built in 1920 and has an up-and-down layout, with one apartment on each floor. Both apartments contain two bedrooms. The first-floor unit is occupied; the second-floor unit is condemned. Utilities are separately metered. The property has no parking and is being sold as-is through an estate sale, with cash-only terms.

The property is at 305 Neptune Place in Scranton, Pennsylvania, near a shopping plaza, with a school directly behind it.

Key Highlights

  • Two apartments, each with two bedrooms
  • First‑floor unit occupied; second‑floor unit condemned
  • Separate utilities

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,316
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The first-floor apartment is occupied, while the condemned upper unit requires substantial work.
Where is this duplex located?
The property is located at 305 Neptune Place Scranton, PA.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: Two apartments, each with two bedrooms; First‑floor unit occupied; second‑floor unit condemned; Separate utilities
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