Search
7-Unit Apartment Building
For Sale
Contact for pricing
Pending

621 Madison Ave, Scranton, PA 18510

Fully leased property with separate water and electric service near universities, a medical school, and hospitals.

Property SizeContact for details
Days on Market143

Property Features for 621 Madison Ave

General Information

Standard status Pending
Property subtype Multifamily
Listing Agency: ERA One Source Realty
Listed By: Sunita Arora · License #RM061605A
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 4:43PM

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 ERA One Source Realty

Investment Insights

Based on property information with market context.

This apartment property at 621 Madison Ave in Scranton contains seven units and is fully rented. Water and electric service are separate for the apartments, supporting straightforward utility allocation across the building.

The property is situated near major universities, a medical school, and hospitals. The unit mix includes three apartments on the left, three on the right, and one basement unit. Together, the configuration provides seven residential units within one multifamily asset.

Key Highlights

  • Seven‑unit apartment building at 621 Madison Ave, Scranton, PA 18510
  • Fully rented residential property
  • Separate water and electric service

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Veterinary Clinic Pet Grooming Service Discount Store Storage Facility Locksmith

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

2,725
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
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 - Fully leased property with separate water and electric service near universities, a medical school, and hospitals.
Where is this apartment building located?
The property is located at 621 Madison Ave Scranton, PA.
What are key features of this property?
This property features: Seven‑unit apartment building at 621 Madison Ave, Scranton, PA 18510; Fully rented residential property; Separate water and electric service
(570) 510-5840 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message