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Historic 48-Unit Apartment Building
For Sale
Contact for pricing
Pending

434 Wyoming Ave, Scranton, PA 18503

Five-story senior housing property with HUD-subsidized Section 8 apartments and updated elevator systems in downtown Scranton.

Property Size48,735 SF
Lot Size0.65 Acres
Days on Market142

Property Features for 434 Wyoming Ave

General Information

Standard status Pending
Size 48,735 SF
Class Class B
Total Parking Spaces 30
Elevators Yes
Lot size 0.65 Acres
Property subtype Multifamily, Office

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 48

Building Details

Year Built 1899
Year Renovated 1983
Buildings 1
Stories 5
Construction stone
Listing Agency: Scope Investment Real Estate Services
Listed By: Craig Dunkle · License #PA RS324418
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 12:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Scope Investment Real Estate Services

Investment Insights

Based on property information with market context.

Finch Towers is a 48-unit, five-story Class B apartment building serving subsidized HUD low-income senior housing residents through Section 8 programs. The Renaissance Revival property is constructed of stone and was completed in 1899. It was renovated and converted to apartments in 1983, with significant repair and improvement projects completed over the past six years. Elevator systems have also been recently updated.

The property occupies 0.65 acres at 434 Wyoming Avenue in downtown Scranton, just north of US 11 and PA 307. The building provides 48,735 square feet across a typical 9,747-square-foot floor plate, along with 30 surface parking spaces. Finch Towers is listed on the National Register of Historic Places in Pennsylvania’s Lackawanna County and has a reported walkability score of 90, placing local amenities within walking distance.

Key Highlights

  • 48‑unit, 5‑story Class B apartment building
  • HUD‑subsidized, low‑income Section 8 senior housing
  • 48,735 square feet on 0.65 acres

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store Fish Market Home Appliance Store Bed & Breakfast

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

48
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,499
Businesses Nearby

Demographics for 18503, PA

1,792
Population
1,051
Households
1.7
Avg Household Size
44
Median Age
40%
College-Educated
89%
High-School Grad
0.5 sq mi
ZIP Area
3,584
Density / Sq Mi
$40,214
Median Household Income
$27,863
Median Earnings
$933
Median Rent
$259,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-story senior housing property with HUD-subsidized Section 8 apartments and updated elevator systems in downtown Scranton.
Where is this apartment building located?
The property is located at 434 Wyoming Ave Scranton, PA.
What are key features of this property?
This property features: 48‑unit, 5‑story Class B apartment building; HUD‑subsidized, low‑income Section 8 senior housing; 48,735 square feet on 0.65 acres
(215) 302-4400 Call to check price and availability
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