Half-Rented Duplex Investment
643 Deacon Street Scranton, PA 18509
New
643 Deacon Street, Scranton, PA, 18509
$230,000
Pending
For Sale
$230,000
Pending
MULTI_FAMILY - Scranton, PA
Property Size2,316 SF
Lot Size0.15 Acres
Days on Market7
Property Features for 643 Deacon Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 4, Basement, Bathroom 2, Bedroom 1, Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 2
- Parking
- 3
- Parking features
- Paved or Surfaced, Off Street, On Street, Driveway
- Interior features
- Ceiling Fan(s), Pantry
- Basement
- Unfinished, Full
- Appliances
- Dishwasher, Washer, Water Heater, Range, Refrigerator, Microwave, Dryer
- Standard status
- Pending
- APN
- 13509050050
- Size
- 2,316 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 63X108x64x108 W-23 B-067 L-031 P-073
- Tax Annual Amount
- 4311
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Steam
- Water source
- Public
Building Details
- Year built
- 1935
- Floors in Building
- 2
- Number of units
- 2
Listing agency
REALTY NETWORK GROUP
(570) 585-6880
Listed by
Annabelle Rogers
(570) 862-3331
Added: Jul 17 Updated: Jul 21 at 9:15PM Checked: Jul 23 at 1:06AM
MLS# SC263579
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 duplex investment property at 643 Deacon Street is offered for sale and is currently half-rented, presenting an opportunity to live in one side while renting the other. The home includes hardwood floors and plenty of storage space, along with off-street parking for added convenience.
Located in North Scranton, the property is described as being nestled right between Greenridge and The Plot, with proximity to shops and restaurants.
The property is zoned R1 and sits on a 0.15-acre lot. Total building size is listed at 2,316 square feet.
Located in North Scranton, the property is described as being nestled right between Greenridge and The Plot, with proximity to shops and restaurants.
The property is zoned R1 and sits on a 0.15-acre lot. Total building size is listed at 2,316 square feet.
Key Highlights
- Half‑rented duplex in North Scranton—live in one side and rent the other, or rent both for rental income.
- Built in 1935; includes hardwood floors and plenty of storage space.
- 5 bedrooms and 2 bathrooms, plus a basement.
Local 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 | $29.2k | $12.60 |
| − Vacancy | −$1.9k | −$0.82 |
| EGI | $27.3k | $11.78 |
| − OpEx | −$8.2k | −$3.53 |
| NOI | $19.1k | $8.25 |
2,316 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$272.8K
$238.7K – $318.3K
NOI $19,099 @ 7.0% cap · market cap 8.30%
Second Best
Apartment 5plus
$255.1K
$223.2K – $297.6K
NOI $17,855 @ 7.0% cap · market cap 7.76%
Theoretical Best
Office A
$587.8K
$514.4K – $685.8K
NOI $41,149 @ 7.0% cap · market cap 17.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex home currently partially rented with hardwood floors, storage, and off-street parking in an R1-zoned setting.
Where is this duplex located?
The property is located at 643 Deacon Street Scranton, PA.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: Half‑rented duplex in North Scranton—live in one side and rent the other, or rent both for rental income.; Built in 1935; includes hardwood floors and plenty of storage space.; 5 bedrooms and 2 bathrooms, plus a basement.