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Apartment Building Redevelopment Opportunity
New
For Sale
$299,995

444 Jefferson Ave, Scranton, PA 18510

Existing building with an approved plan for conversion to nine residential apartments.

Property Size6,900 SF
Price / SF$43.48
Days on Market4

Property Features for 444 Jefferson Ave

General Information

Standard status Active
Size 6,900 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $6,591
Listing Agency: The Hub Real Estate Group Scranton
Listed By: Pat Rogan · License #RM425864
Source: Exprealty
Added: Aug 28 Changed: Aug 31 Last Checked: Aug 31 at 9:58AM

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 The Hub Real Estate Group Scranton

Investment Insights

Based on property information with market context.

The property is a 6,900-square-foot building at 444 Jefferson Ave in Scranton, Pennsylvania, with an approved redevelopment plan for nine apartments. The proposed residential use has been approved by the City of Scranton, supporting conversion of the existing structure into a multifamily property.

The project centers on adapting the building for residential occupancy while retaining its existing character. The approved apartment plan provides a defined framework for renovation and redevelopment.

Key Highlights

  • Approved plan for conversion into 9 apartments
  • City of Scranton approval for proposed residential use
  • 6,900‑square‑foot existing building

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Veterinary Clinic Pet Grooming Service Discount Store Home Appliance Store Carpet & Flooring Store

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

Location Intelligence

Trade Area within ½ mile

3,587
Businesses Nearby

Demographics for 18510, PA

14,110
Population
5,824
Households
2.4
Avg Household Size
31
Median Age
28%
College-Educated
88%
High-School Grad
1.8 sq mi
ZIP Area
7,839
Density / Sq Mi
$52,500
Median Household Income
$25,282
Median Earnings
$1,040
Median Rent
$178,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Existing building with an approved plan for conversion to nine residential apartments.
Where is this apartment building located?
The property is located at 444 Jefferson Ave Scranton, PA.
What is the asking price?
The asking price for this property is $299,995.
What are key features of this property?
This property features: Approved plan for conversion into 9 apartments; City of Scranton approval for proposed residential use; 6,900‑square‑foot existing building
More about this property
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