Duplex in Highway Commercial (HC)
For Sale
$379,999
381 N 9th Avenue, Scranton, PA 18504
MULTI_FAMILY - Other - Scranton, PA
Property Size3,288 SF
Lot Size0.36 Acres
Price / SF$115.57
Days on Market284
Property Features for 381 N 9th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
HC
Zoning description
Commercial
Bathrooms
3
Half bathrooms
3
Rooms
Bathroom 3, Bathroom 1, Bathroom 2, Basement
Parking features
Parking Lot
Security features
Security System
Window features
Blinds, Window Coverings
Interior features
Breakfast Bar, High Ceilings, Recessed Lighting
Exterior features
Private Entrance
Basement
Crawl Space
Appliances
Refrigerator
Lot features
Landscaped
Elementary school district
Scranton
Middle school district
Scranton
High school district
Scranton
Directions
West on Lackawanna Ave, left onto N 9th Ave, property on right
Standard status
Active
APN
1451808000403
Size
3,288 SF
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
Highway Commercial District
Tax Annual Amount
8405
Legal Description
Highway Commercial District
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Amenities
conference rooms
kitchenettes
security system
Building Details
Year built
1987
Floors in Building
1
Number of units
2
Flooring type
Combination, Tile, Wood, Carpet, Marble
Building materials
Stucco
Roof type
Composition
Architectural style
Other
Listing Agency:
Berkshire Hathaway Home Services Preferred Properties · Berkshire Hathaway HomeServices
(570) 585-1500
Listed By:
Judy Cerra · License #RS314785
(570) 903-5846
Added: Oct 22, 2025
Changed: Aug 1
Last Checked: Aug 1 at 11:06PM
MLS# SC255497
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.
Investment Insights
Based on property information with market context.
This duplex property is positioned for a mixed live/work or business use with a flexible interior layout. Public remarks describe two units, with one unit already leased and a 3,288 SF space available now. The available space includes a flexible configuration with cubicles, built-in shelving, multiple restrooms, and two kitchenettes plus conference rooms, along with interior features such as recessed lighting and high ceilings.
The property is in a Highway Commercial (HC) district and includes off-street parking for 11 cars and oversized ADA-compliant doors. Utilities are set up with public water and public sewer, and the building is described as having a stucco exterior and a composition roof. The roof was updated in 2016, with central A/C and natural gas forced-air heat. A full security system with cameras is also included.
Built in 1987, the property is set up with private entrance space and parking lot access to support everyday client or staff flow.
The property is in a Highway Commercial (HC) district and includes off-street parking for 11 cars and oversized ADA-compliant doors. Utilities are set up with public water and public sewer, and the building is described as having a stucco exterior and a composition roof. The roof was updated in 2016, with central A/C and natural gas forced-air heat. A full security system with cameras is also included.
Built in 1987, the property is set up with private entrance space and parking lot access to support everyday client or staff flow.
Key Highlights
- 3,288 SF available now in a two‑unit duplex
- HC zoning with off‑street parking for 11 cars
- Oversized ADA‑compliant doors and private entrance access
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 | $41.4k | $12.60 |
| − Vacancy | −$2.7k | −$0.82 |
| EGI | $38.7k | $11.78 |
| − OpEx | −$11.6k | −$3.53 |
| NOI | $27.1k | $8.25 |
3,288 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$603.6K
$528.2K – $704.2K
NOI $42,253 @ 7.0% cap · market cap 11.12%
Second Best
Multifamily LT 5
$387.4K
$338.9K – $451.9K
NOI $27,115 @ 7.0% cap · market cap 7.14%
Theoretical Best
Office A
$834.6K
$730.2K – $973.7K
NOI $58,419 @ 7.0% cap · market cap 15.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,761
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - HC-zoned duplex with central A/C, natural gas forced-air heat, and off-street parking.
Where is this duplex located?
The property is located at 381 N 9th Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $379,999.
What are key features of this property?
This property features: 3,288 SF available now in a two‑unit duplex; HC zoning with off‑street parking for 11 cars; Oversized ADA‑compliant doors and private entrance access
