414 15th Avenue Scranton, PA 18504
MULTI_FAMILY - Scranton, PA
Property Features for 414 15th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- r2
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 2, Bedroom 5, Basement, Bedroom 6, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1
- Parking features
- On Street, Off Street
- Window features
- Blinds
- Patio and Porch features
- Porch
- Interior features
- Eat-in Kitchen, Granite Counters
- Basement
- Walk-Out Access, Finished, Interior Entry
- Appliances
- Free-Standing Refrigerator, Gas Oven
- Standard status
- Pending
- APN
- 14517010076
- Size
- 2,450 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 50X50 J Heerman S Hyde Pk Ptl 6 B 66 W-15 B-031 L-001A P-020
- Tax Annual Amount
- 1953
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Cooling system
- Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Vinyl
- Roof type
- Asphalt
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 May 28, 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.
Investment Insights
Based on property information with market context.
Key Highlights
- Completely renovated 2‑unit home with updated kitchens and bathrooms
- Each unit features updated kitchens with shaker‑style cabinets and granite countertops
- Updated bathrooms with tile shower
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 | $30.9k | $12.60 |
| − Vacancy | −$2.0k | −$0.82 |
| EGI | $28.9k | $11.78 |
| − OpEx | −$8.7k | −$3.53 |
| NOI | $20.2k | $8.25 |
