335 Phelps Street, Scranton, PA 18509
- Added:
- Mar 7, 2026
- Days on Market:
- 96
- Last Refresh:
- Jun 11 at 12:06 pm
Property Features for 335 Phelps Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 5, Basement, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 6
- Parking
- 3
- Parking features
- Off Street, On Street
- Patio and Porch features
- Porch, Deck
- Interior features
- Eat-in Kitchen, Attic Storage, Granite Counters
- Exterior features
- Rain Gutters
- Fencing
- Chain Link, Fenced
- Basement
- Walk-Out Access
- Appliances
- Gas Oven, Refrigerator
- Standard status
- Pending
- APN
- 14512050077
- Size
- 2,500 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2717
Utilities
- Sewer type
- Public Sewer
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Gas (Cooling), Ductless, Central Air
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Vinyl
- Building materials
- Stucco
- Roof type
- Asphalt
- Additional Structures
- Storage
Listing agent Diane Stracham License #RS318034 (570) 241-3982
Listing office ERA One Source Realty 230 Northern Blvd., Clarks Summit, PA (570) 587-9999
Listing date Mar 7, 2026
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.
HighLights
- Fully renovated three‑unit apartment building built in 1930 and ready for occupancy
- Brand‑new kitchens and modern bathrooms in each unit, with durable vinyl flooring throughout
- Separate utilities for all units
- Eat‑in kitchen with granite counters; appliances include a gas oven and refrigerator
- Heating and cooling include forced air with natural gas plus ductless and central air
- Fenced property with rain gutters; porch and deck, with off‑street and on‑street parking
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.5k | $12.60 |
| − Vacancy | −$2.0k | −$0.82 |
| EGI | $29.5k | $11.78 |
| − OpEx | −$8.8k | −$3.53 |
| NOI | $20.6k | $8.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Scranton
- County
- Lackawanna
- State
- Pennsylvania
- Longitude
- -75.656499
- Latitude
- 41.418172
