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Two-Unit Duplex with Detached Garage

437-439 14th Avenue, Scranton, PA 18504

For Sale
New
$215,000
Pending

Residential Income, Scranton, PA

Property Size2,192 SF
Lot Size0.17 Acres
Days on Market2

Property Features for 437-439 14th Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R1
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 4, Basement, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2, Bathroom 2
Parking features On Street, Driveway, Off Street
Patio and Porch features Porch
Interior features Pantry
Basement Unfinished, Dirt Floor
Lot features Not In Development
Elementary school district Scranton
Middle school district Scranton
High school district Scranton
Directions From I-81Take exit 185 onto President Biden ExpresswayTake 1st exit on the right. Turn right onto Cedar Ave, then left onto Mattes Ave. Turn left onto Fifth Ave, then right onto Luzerne St. Turn left onto 14th Ave. Home will be on your left.
Standard status Pending
APN 15605020024
Size 2,192 SF
Lot size 0.17 Acres

Additional Details

Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Tax Year 2026
Tax Description 50X150 Bldg & Land W-15 B-0280 L-0110 P-01100
Tax Annual Amount 3807
Legal Description 50X150 Bldg & Land W-15 B-0280 L-0110 P-01100

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Electric (Heating)
Water source Public

Amenities

spacious yard

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Architectural style Other
Buildings 1
Listing Agency: Iron Valley Real Estate Greater Scranton
Listed By: Jenni M. Parrinello
Added: Nov 11 Changed: Nov 12 Last Checked: Nov 12 at 6:06PM
MLS# SC265712

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.

Rey
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Investment Insights

Based on property information with market context.

This R1-zoned duplex contains two residences totaling 2,192 square feet. One unit has three bedrooms and one full bathroom; the other has two bedrooms, one full bathroom, and a finished attic. The property also includes a detached two-car garage, a porch, and a spacious yard. Cosmetic updates are needed, and each unit has separate utilities.

Set on a 0.172-acre lot in Scranton, the property is within walking distance of West Scranton High School, shopping, restaurants, and everyday services. Public water and sewer serve the property.

Key Highlights

  • Two residences with 3 bedrooms/1 bathroom and 2 bedrooms/1 bathroom
  • 2,192 square feet on a 0.172‑acre lot
  • Finished attic in the two‑bedroom unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,077
Cap Rate
8.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,540 $361.5K
Cap Rate 7%
$258,243 $258.2K
Cap Rate 9%
$200,856 $200.9K
Market Conditions
NOI Build-Up for 2,192 SF
Gross rent
$27.6K $12.60/SF
− Vacancy
−$1.8K −$0.82/SF
EGI
$25.8K $11.78/SF
− OpEx
−$7.7K −$3.53/SF
NOI
$18.1K $8.25/SF
Area
Lackawanna County, PA
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$361,540
Cap Rate 7%
$258,243
Cap Rate 9%
$200,856

Alternative Uses

Best Use
Multifamily LT 5
$258.2K
$226.0K – $301.3K (±1% cap)
NOI $18,077 @ 7.0% cap · market cap 8.41%
Second Best
Apartment 5plus
$241.4K
$211.2K – $281.7K (±1% cap)
NOI $16,899 @ 7.0% cap · market cap 7.86%
Theoretical Best
Office A
$556.4K
$486.8K – $649.1K (±1% cap)
NOI $38,946 @ 7.0% cap · market cap 18.11%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

740
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Scranton, PA

$121 Jul
$132 Aug
$125 Sep
$127 Oct

Properties on Market for Duplexes in Scranton

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate utilities serve each residence, with driveway and off-street parking on site.
Where is this duplex located?
The property is located at 437-439 14th Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two residences with 3 bedrooms/1 bathroom and 2 bedrooms/1 bathroom; 2,192 square feet on a 0.172‑acre lot; Finished attic in the two‑bedroom unit
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