Renovated 17-Unit Apartment
640 Jefferson Ave Scranton, PA 18510
For Sale
Contact for pricing
Pending
Renovated 2024–25 17-unit building with studio and 1–2 bedroom apartments on a 30,000 SF lot.
Property Size8,000 SF
Lot Size0.69 Acres
Days on Market370
Property Features for 640 Jefferson Ave
General Information
- Standard status
- Pending
- Size
- 8,000 SF
- Lot size
- 0.69 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1948
Listing Agency:
Steel City Realty
(484) 895-9005
Listed By:
Jennifer de Jesus · License #PA RM423820
Source:
Crexi
Added: Jul 19, 2025
Changed: Jul 23
Last Checked: Jul 23 at 2:35AM
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 Steel City Realty
Investment Insights
Based on property information with market context.
640 Jefferson Avenue is a 17-unit apartment property offering a unit mix of studios plus 1-bedroom and 2-bedroom apartments. The building was renovated in 2024/25 and is reported to be at 100% occupancy. Each unit type supports a diversified rental profile within the same asset.
The property is located at 640 Jefferson Avenue in Scranton, Pennsylvania, in Lackawanna County. It sits on a spacious 30,000 SF lot.
For investors, the offering includes a pro forma CAP rate of 11.52% and stated NOI of $176,286.
The property is located at 640 Jefferson Avenue in Scranton, Pennsylvania, in Lackawanna County. It sits on a spacious 30,000 SF lot.
For investors, the offering includes a pro forma CAP rate of 11.52% and stated NOI of $176,286.
Key Highlights
- 17‑unit multifamily building on a 30,000 SF lot
- Renovated 2024/25; Year built 1948
- Unit mix includes studios plus 1- and 2‑bedroom apartments
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Renovated 2024–25 17-unit building with studio and 1–2 bedroom apartments on a 30,000 SF lot.
Where is this apartment building located?
The property is located at 640 Jefferson Ave Scranton, PA.
What are key features of this property?
This property features: 17‑unit multifamily building on a 30,000 SF lot; Renovated 2024/25; Year built 1948; Unit mix includes studios plus 1- and 2‑bedroom apartments
