Renovated Two-Unit
414 15th Avenue Scranton, PA 18504
For Sale
$280,000
Pending
MULTI_FAMILY - Scranton, PA
Property Size2,450 SF
Lot Size0.06 Acres
Days on Market61
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 Agency:
ERA One Source Realty
(570) 587-9999
Listed By:
Diane Stracham · License #RS318034
(570) 241-3982
Added: May 28
Changed: Jul 9
Last Checked: Jul 27 at 7:06AM
MLS# SC262482
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 is a two-unit home that has been completely renovated. Both kitchens feature shaker style cabinets and granite countertops. The bathrooms have been updated and include tile showers. The property size is 2450 square feet and the lot size is 0.06 acres. The zoning is R2. Tenants are responsible for electric, gas heat, and water. The property is located in Scranton, Pennsylvania.
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
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 |
2,450 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$288.6K
$252.6K – $336.7K
NOI $20,204 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$269.8K
$236.1K – $314.8K
NOI $18,888 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$621.9K
$544.1K – $725.5K
NOI $43,530 @ 7.0% cap · market cap 15.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Completely renovated two-unit home with updated kitchens and bathrooms.
Where is this duplex located?
The property is located at 414 15th Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 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
