Two-Family Property in Quiet
414 416 S Edwards Court Scranton, PA 18504
For Sale
$249,000
MULTI_FAMILY - Scranton, PA
Property Size1,800 SF
Lot Size0.05 Acres
Price / SF$138.33
Days on Market305
Property Features for 414 416 S Edwards Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 6, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 5, Bathroom 3, Bedroom 1
- Standard status
- Active
- APN
- 15606040007
- Size
- 1,800 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 35X65 J Heermans Map Ptl 3 & 4 B 5 W-15 B-016 L-019C P-006
- Tax Annual Amount
- 1780
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
Listing Agency:
EXP Realty LLC
(888) 397-7352
Listed By:
The Adriana Jez Team · License #RS358942
(570) 799-9235
Added: Sep 26, 2025
Changed: Jul 12
Last Checked: Jul 27 at 6:06AM
MLS# SC255005
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 two-family property presents an opportunity for investors and owner-occupants. Each unit is equipped with separate utilities, offering convenience and ease of management. The property is located in a quiet neighborhood and is near shopping, dining, and schools. The lot size is 0.05 acres and the property size is 1800 square feet. The zoning is R1.
Key Highlights
- Two‑family property built in 1930
- Includes 6 bedrooms across the units
- 3 bathrooms total across the property
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 | $22.7k | $12.60 |
| − Vacancy | −$1.5k | −$0.82 |
| EGI | $21.2k | $11.78 |
| − OpEx | −$6.4k | −$3.53 |
| NOI | $14.8k | $8.25 |
1,800 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$212.1K
$185.6K – $247.4K
NOI $14,844 @ 7.0% cap · market cap 5.96%
Second Best
Apartment 5plus
$198.2K
$173.5K – $231.3K
NOI $13,877 @ 7.0% cap · market cap 5.57%
Theoretical Best
Office A
$456.9K
$399.8K – $533.0K
NOI $31,981 @ 7.0% cap · market cap 12.84%
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 - Two-family property with separate utilities in a convenient location.
Where is this duplex located?
The property is located at 414 416 S Edwards Court Scranton, PA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Two‑family property built in 1930; Includes 6 bedrooms across the units; 3 bathrooms total across the property
