Renovated
For Sale
$339,999
636-638 N N Sumner Avenue, Scranton, PA 18504
Updated two-unit property with separate utilities, a fenced yard, and rear off-street parking.
Property Size2,515 SF
Days on Market13
Property Features for 636-638 N N Sumner Avenue
General Information
Standard status
Active
Size
2,515 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$3,018
Amenities
fenced-in yard
Building Details
Building Size
2,515 SF
Year Built
1930
Buildings
1
Tenancy
Multi
Listing Agency:
Christian Saunders Real Estate C.S. Branch
(570) 885-5889
Listed By:
Rita Tischler · License #RS346646
Source:
Luxehomesnepa
Added: Jul 24
Changed: Aug 2
Last Checked: Aug 5 at 4:18AM
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 Christian Saunders Real Estate C.S. Branch
Investment Insights
Based on property information with market context.
Built in 1930, this renovated duplex offers matching layouts across both units. Each side includes three bedrooms, two updated baths, refreshed interiors, durable finishes, and updated mechanical systems. The configuration provides consistent features throughout while keeping the property straightforward to operate.
Both units have separate utilities, with tenants responsible for utility costs. Exterior features include a fenced yard, rear off-street parking, and well-maintained outdoor areas. The property is located at 636-638 N N Sumner Avenue in Scranton, Pennsylvania.
Both units have separate utilities, with tenants responsible for utility costs. Exterior features include a fenced yard, rear off-street parking, and well-maintained outdoor areas. The property is located at 636-638 N N Sumner Avenue in Scranton, Pennsylvania.
Key Highlights
- Two‑unit duplex with matching layouts
- Each unit includes 3 bedrooms and 2 updated baths
- Renovated interiors with updated mechanical systems
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 | $31.7k | $12.60 |
| − Vacancy | −$2.1k | −$0.82 |
| EGI | $29.6k | $11.78 |
| − OpEx | −$8.9k | −$3.53 |
| NOI | $20.7k | $8.25 |
2,515 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$296.3K
$259.3K – $345.7K
NOI $20,740 @ 7.0% cap · market cap 6.10%
Second Best
Apartment 5plus
$277.0K
$242.4K – $323.2K
NOI $19,389 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$638.4K
$558.6K – $744.8K
NOI $44,685 @ 7.0% cap · market cap 13.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
700
Businesses Nearby
Explore this area
Business Placement
Demographics for 18504, PA
21,267
Population
10,017
Households
2.1
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
10.2 sq mi
ZIP Area
2,085
Density / Sq Mi
$52,542
Median Household Income
$38,439
Median Earnings
$970
Median Rent
$144,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated two-unit property with separate utilities, a fenced yard, and rear off-street parking.
Where is this duplex located?
The property is located at 636-638 N N Sumner Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $339,999.
What are key features of this property?
This property features: Two‑unit duplex with matching layouts; Each unit includes 3 bedrooms and 2 updated baths; Renovated interiors with updated mechanical systems
