Duplex with Three-Car
New
For Sale
$379,000
521 Pear Street, Scranton, PA 18505
Residential Income, Scranton, PA
Property Size2,390 SF
Lot Size0.15 Acres
Price / SF$158.58
Days on Market2
Property Features for 521 Pear Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
5
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Basement, Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 5
Parking features
On Street, Driveway, Off Street
Patio and Porch features
Porch, Patio
Exterior features
Private Yard
Basement
Block, Concrete
Appliances
Dishwasher, Refrigerator, Electric Water Heater, Electric Range, Electric Oven
Lot features
Flag Lot, Not In Development
Elementary school district
Scranton
Middle school district
Scranton
High school district
Scranton
Directions
Cedar Ave L on River St R on Pittston Ave to L on Pear St. Home on Left
Standard status
Active
APN
1671101005
Size
2,390 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3446
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Steam
Cooling system
Ductless
Building Details
Year built
1920
Floors in Building
3
Number of units
2
Flooring type
Carpet, Laminate, Tile - Ceramic, Hardwood
Building materials
Aluminum Siding
Roof type
Composition
Architectural style
Other
Buildings
1
Listing Agency:
C21 Jack Ruddy Real Estate · Century 21 Real Estate
(570) 344-6724
Listed By:
Connie L Seagraves
(570) 983-7434
Added: Oct 23
Changed: Oct 24
Last Checked: Oct 24 at 6:06PM
MLS# SC265372
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.
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Investment Insights
Based on property information with market context.
This 2,390-square-foot duplex sits on a 0.15-acre lot and contains five bedrooms and two bathrooms. The home’s roof is less than 10 years old, and all windows have been replaced. Ductless mini-split units serve both floors, and the upstairs unit has new appliances. The property also has a Rinnai on-demand water heater, a basement, and a mix of laminate, ceramic tile, carpet, and hardwood flooring.
A detached concrete garage accommodates three cars and has a new roof and garage doors. It is equipped with gas and plumbing, and access is provided by a paved alley. The property is zoned R1 and was built in 1920. The home was occupied by family; it has no rental history.
A detached concrete garage accommodates three cars and has a new roof and garage doors. It is equipped with gas and plumbing, and access is provided by a paved alley. The property is zoned R1 and was built in 1920. The home was occupied by family; it has no rental history.
Key Highlights
- 2,390 square feet on a 0.15‑acre lot
- Five bedrooms and two bathrooms
- Three‑car concrete garage with gas and plumbing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,710
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$394,200
$394.2K
Cap Rate 7%
$281,571
$281.6K
Cap Rate 9%
$219,000
$219.0K
Market Conditions
NOI Build-Up for 2,390 SF
Gross rent
$30.1K $12.60/SF
− Vacancy
−$2.0K −$0.82/SF
EGI
$28.2K $11.78/SF
− OpEx
−$8.4K −$3.53/SF
NOI
$19.7K $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%
$394,200
Cap Rate 7%
$281,571
Cap Rate 9%
$219,000
Alternative Uses
Best Use
Multifamily LT 5
$281.6K
$246.4K – $328.5K
NOI $19,710 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$263.2K
$230.3K – $307.1K
NOI $18,425 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$606.6K
$530.8K – $707.7K
NOI $42,464 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
547
Businesses Nearby
Explore this area
Business Placement
Demographics for 18505, PA
20,982
Population
9,996
Households
2.1
Avg Household Size
39
Median Age
26%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
2,384
Density / Sq Mi
$52,599
Median Household Income
$34,155
Median Earnings
$954
Median Rent
$139,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The two-unit property includes updated windows, ductless cooling on both floors, and a detached garage with gas and plumbing.
Where is this duplex located?
The property is located at 521 Pear Street Scranton, PA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: 2,390 square feet on a 0.15‑acre lot; Five bedrooms and two bathrooms; Three‑car concrete garage with gas and plumbing
