Five-Unit Apartment
For Sale
$449,000
522 524 River Street, Scranton, PA 18505
Residential Income, Scranton, PA
Property Size7,200 SF
Lot Size0.16 Acres
Price / SF$62.36
Days on Market502
Property Features for 522 524 River Street
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning
Residential
Bedrooms
8
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 5, Bedroom 1, Bathroom 3, Basement, Bathroom 4, Bedroom 8, Bathroom 1, Bedroom 4, Bedroom 7, Bedroom 2, Bathroom 2, Bedroom 3, Bedroom 6, Bathroom 5
Parking features
Off Street, On Street, Alley
Exterior features
Balcony, Private Yard
Basement
Unfinished, Full
Appliances
Electric Oven, Refrigerator, Microwave
Elementary school district
Scranton School District
Middle school district
Scranton School District
High school district
Scranton School District
Directions
From Scranton, Take Pittston Ave. Turn onto River Street. See on Right.
Standard status
Active
APN
15616040055
Size
7,200 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
7129
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating)
Cooling system
Ceiling Fan(s)
Water source
Public
Amenities
backyard
off-street parking
coded entry
Building Details
Year built
1919
Floors in Building
3
Number of units
5
Flooring type
Vinyl
Listing Agency:
SIX PM LLC
Listed By:
Jeremy J Watson · License #RM425357
(570) 352-5162
Added: May 24, 2025
Changed: Sep 13
Last Checked: Oct 7 at 5:06PM
MLS# PW-251537
Copyright © 2026 Pike/Wayne Association 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 five-unit apartment building at 522–524 River Street contains 7,200 square feet on a 0.16-acre parcel and was built in 1919. Four units feature renovated kitchens with granite counters and newer appliances, along with refreshed flooring, paint, and bathrooms. The property is fully occupied and includes a walk-up attic and full-height basement that may support future storage or additional improvements, subject to required approvals.
Each unit is separately metered for electric service, including heat and hot water, while water is sub-metered for potential tenant billing. Coded entrances serve both the front and rear of the building. Exterior features include a large backyard, rear off-street parking, on-street parking, alley access, and a private yard. Public water and public sewer serve the property, which is located in Scranton, Pennsylvania.
Each unit is separately metered for electric service, including heat and hot water, while water is sub-metered for potential tenant billing. Coded entrances serve both the front and rear of the building. Exterior features include a large backyard, rear off-street parking, on-street parking, alley access, and a private yard. Public water and public sewer serve the property, which is located in Scranton, Pennsylvania.
Key Highlights
- Five‑unit apartment building with 7,200 square feet of property size
- Located on a 0.16‑acre parcel at 522 524 River Street, Scranton, PA 18505
- Built in 1919; four units have upgraded kitchens, flooring, paint, and bathrooms
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
5
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,340
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Residentially zoned property with upgraded interiors, separate utility metering, a backyard, and rear off-street parking.
Where is this apartment building located?
The property is located at 522 524 River Street Scranton, PA.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Five‑unit apartment building with 7,200 square feet of property size; Located on a 0.16‑acre parcel at 522 524 River Street, Scranton, PA 18505; Built in 1919; four units have upgraded kitchens, flooring, paint, and bathrooms
