2-Unit Updated
New
For Sale
$245,000
338 340 Evans Court, Scranton, PA 18504
Residential Income, Scranton, PA
Property Size2,460 SF
Lot Size0.09 Acres
Price / SF$99.59
Days on Market1
Property Features for 338 340 Evans Court
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 1, Basement, Bathroom 2
Parking
4
Parking features
Driveway
Patio and Porch features
Porch
Interior features
Laminate Counters
Exterior features
Rain Gutters
Basement
Unfinished
Appliances
Dryer, Washer, Refrigerator, Gas Range
Lot features
Back Yard, Rectangular Lot, Level
Elementary school district
Scranton
Middle school district
Scranton
High school district
Scranton
Directions
From N Main Avenue in West Scranton, head toward N Bromley Avenue. Follow N Bromley Avenue to Evans Court. Property located at 338-340 Evans Ct, Scranton, PA 18504
Standard status
Active
APN
1451406001801
Size
2,460 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3494
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Baseboard
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Carpet, Tile - Ceramic, Vinyl, Combination
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
Iron Valley Real Estate Greater Scranton
(570) 300-4766
Listed By:
Mark Scrimalli · License #RS353478
(570) 880-8286
Added: Oct 16
Last Checked: Oct 16 at 10:06PM
MLS# SC265230
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This side-by-side duplex contains two residences with a combined 2,460 square feet, five bedrooms, and two full bathrooms. One unit has three bedrooms and the other has two. Both have updated kitchens and full bathrooms, as well as their own laundry facilities and separate utilities. The property also includes a private driveway, porch, and rain gutters; construction dates to 1920.
At 338–340 Evans Court in Scranton, the property occupies a 0.09-acre lot and has public water and sewer service. R1 zoning is identified for the site.
At 338–340 Evans Court in Scranton, the property occupies a 0.09-acre lot and has public water and sewer service. R1 zoning is identified for the site.
Key Highlights
- Two side‑by‑side units with 5 bedrooms and 2 full bathrooms total
- 2,460 square feet on a 0.09‑acre lot
- Three‑bedroom unit and separate two‑bedroom unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,287
Cap Rate
8.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,740
$405.7K
Cap Rate 7%
$289,814
$289.8K
Cap Rate 9%
$225,411
$225.4K
Market Conditions
NOI Build-Up for 2,460 SF
Gross rent
$31.0K $12.60/SF
− Vacancy
−$2.0K −$0.82/SF
EGI
$29.0K $11.78/SF
− OpEx
−$8.7K −$3.53/SF
NOI
$20.3K $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%
$405,740
Cap Rate 7%
$289,814
Cap Rate 9%
$225,411
Alternative Uses
Best Use
Multifamily LT 5
$289.8K
$253.6K – $338.1K
NOI $20,287 @ 7.0% cap · market cap 8.28%
Second Best
Apartment 5plus
$270.9K
$237.1K – $316.1K
NOI $18,965 @ 7.0% cap · market cap 7.74%
Theoretical Best
Office A
$624.4K
$546.4K – $728.5K
NOI $43,708 @ 7.0% cap · market cap 17.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
955
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Separate laundry and utility services serve each residence, alongside updated kitchens and bathrooms.
Where is this duplex located?
The property is located at 338 340 Evans Court Scranton, PA.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Two side‑by‑side units with 5 bedrooms and 2 full bathrooms total; 2,460 square feet on a 0.09‑acre lot; Three‑bedroom unit and separate two‑bedroom unit
