Updated 3-Unit Multifamily
618 Maple Street Scranton, PA 18505
New
For Sale
$344,000
MULTI_FAMILY - Other - Scranton, PA
Property Size3,704 SF
Lot Size0.15 Acres
Price / SF$92.87
Days on Market2
Property Features for 618 Maple Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
9
Bathrooms
3
Rooms
Bedroom 7, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 3, Bedroom 5, Basement, Bedroom 9, Bedroom 2, Bedroom 8, Bedroom 3, Bedroom 6
Parking
6
Parking features
Off Street, On Street
Patio and Porch features
Porch
Interior features
Eat-in Kitchen, Pantry
Exterior features
Private Yard, Storage, Rain Gutters
Basement
Walk-Out Access, Apartment, Finished
Appliances
Oven, Refrigerator
Standard status
Active
APN
16708010008
Size
3,704 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
40X160 Pawnee Coal Co L 10 B 31 W-19 B-011 L-030 P-036
Tax Annual Amount
5886
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1945
Floors in Building
2
Number of units
3
Flooring type
Combination, Vinyl
Building materials
Aluminum Siding, Block
Roof type
Rubber, Flat, Shingle
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Iron Valley Real Estate Greater Scranton
(570) 300-4766
Listed By:
Mark Scrimalli · License #RS353478
(570) 880-8286
Added: Jul 28
Last Checked: Jul 29 at 9:06AM
MLS# SC263708
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.
Investment Insights
Based on property information with market context.
This recently updated 3-unit multifamily property includes one 4-bedroom unit, one 3-bedroom unit, and one 2-bedroom unit, providing a clear mix of layouts. Each unit has its own separate utilities, supporting independent operation. The home is described as well-maintained with many recent updates intended to reduce future maintenance needs.
The property is located at 618 Maple Street in Scranton, Pennsylvania, within R1 zoning. It sits on a 0.15-acre lot and includes a large backyard with substantial outdoor green space.
The offering totals 3,704 square feet and is presented as an income-producing residential income property for sale, with the unit mix designed to fit a range of tenant needs.
The property is located at 618 Maple Street in Scranton, Pennsylvania, within R1 zoning. It sits on a 0.15-acre lot and includes a large backyard with substantial outdoor green space.
The offering totals 3,704 square feet and is presented as an income-producing residential income property for sale, with the unit mix designed to fit a range of tenant needs.
Key Highlights
- Three‑unit multifamily with a 4‑bedroom unit, a 3‑bedroom unit, and a 2‑bedroom unit
- Separate utilities for each unit
- Eat‑in kitchen and pantry, plus appliances including an oven and refrigerator
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.7k | $12.60 |
| − Vacancy | −$3.0k | −$0.82 |
| EGI | $43.6k | $11.78 |
| − OpEx | −$13.1k | −$3.53 |
| NOI | $30.5k | $8.25 |
3,704 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$436.4K
$381.8K – $509.1K
NOI $30,546 @ 7.0% cap · market cap 8.88%
Second Best
Apartment 5plus
$407.9K
$356.9K – $475.9K
NOI $28,555 @ 7.0% cap · market cap 8.30%
Theoretical Best
Office A
$940.1K
$822.6K – $1.10M
NOI $65,810 @ 7.0% cap · market cap 19.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Recently updated 3-unit property with separate utilities for each unit and a large backyard.
Where is this triplex located?
The property is located at 618 Maple Street Scranton, PA.
What is the asking price?
The asking price for this property is $344,000.
What are key features of this property?
This property features: Three‑unit multifamily with a 4‑bedroom unit, a 3‑bedroom unit, and a 2‑bedroom unit; Separate utilities for each unit; Eat‑in kitchen and pantry, plus appliances including an oven and refrigerator
