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Half-Rented Duplex Investment Property

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
Listed by Annabelle Rogers
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.

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 (±1% cap)
NOI $19,099 @ 7.0% cap · market cap 8.30%
Second Best
Apartment 5plus
$255.1K
$223.2K – $297.6K (±1% cap)
NOI $17,855 @ 7.0% cap · market cap 7.76%
Theoretical Best
Office A
$587.8K
$514.4K – $685.8K (±1% cap)
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

Suggested Use

Real Estate Agency Parking Lot & Garage Law Firm HVAC Service Electrical Service Cafe & Coffee Shop Garden Center Furniture & Home Goods Butcher Tech Support Center

Zoning and permitted uses should be independently verified with local authorities.

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.
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