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    Spacious Duplex with Long-Term Tenants Title is generated by Realmo AI

    736-738 Hickory Street, Scranton, PA 18505

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    Claim this Listing
    Pending
    $299,000

    MULTI_FAMILY - Other - Scranton, PA

    Property size:
    3,078 SF
    Lot size:
    0.15 Acres
    Added:
    Apr 30, 2026
    Days on Market:
    59
    Last Refresh:
    Jun 27 at 4:06 pm

    Property Features for 736-738 Hickory Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R9
    Bedrooms
    6
    Bathrooms
    4
    Rooms
    Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 3, Basement, Bedroom 5, Bedroom 1
    Parking features
    On Street
    Patio and Porch features
    Patio
    Interior features
    Open Floorplan, Attic Storage
    Exterior features
    Balcony
    Basement
    Partially Finished, Walk-Out Access
    Appliances
    Dishwasher, Refrigerator, Electric Range, Dryer
    Standard status
    Pending
    APN
    15620050067
    Size
    3,078 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    40X162 Bldg & Land W-19 B-0190 L-023A P-02800

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Ceiling Fan(s), Separate Meters
    Water source
    Public

    Building Details

    Year built
    1938
    Floors in Building
    3
    Number of units
    2
    Architectural style
    Other
    Additional Structures
    Storage

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    Contact an agent
    Marieann P. Duffy-Mates

    Listing agent Marieann P. Duffy-Mates

    Listing office C21 Jack Ruddy Real Estate 111 W Drinker St, Dunmore, PA

    Listing date Apr 30, 2026

    MLS# SC261951 Listing URL

    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.

    HighLights

    • Two‑sided setup with 3 bedrooms per apartment, plus a full bath and a half bath on each side
    • 2nd‑floor balconies at the back of each apartment, plus a spacious front porch and a patio
    • Open floorplan with attic storage; each kitchen has eat‑in dining and each unit includes a dedicated dining room
    • Separate meters for utilities; heating is natural gas and cooling includes ceiling fans
    • 2‑bay garage on site with one bay per tenant (each bay fits one vehicle) and tenants pay utilities
    • Public water and public sewer; on‑street parking

    Overview

    This multifamily property, located in Scranton, PA, features a duplex with well-kept neighboring properties. Each side of the duplex offers more space than some single-family homes, with each apartment featuring 3 bedrooms, a full bath, and a half bath. The kitchens are designed for eat-in dining, and each residence includes a dedicated dining room that opens into the living room. A spacious front porch enhances the property's appeal, and each apartment has a second-floor balcony at the back. The backyard is spacious and maintained by one of the tenants, who also manages snow and ice removal on the walkways in exchange for a rent discount. The property includes a two-bay garage, with each bay separate and assigned to a tenant for vehicle storage and personal belongings. Tenants are responsible for covering their utility expenses. The property is situated on a lot of 0.15 acres and the building size is 3078 square feet. The zoning is R9. The tenants have resided in their respective units for 10 years or more.

    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 $38.8k $12.60
    − Vacancy −$2.5k −$0.82
    EGI $36.3k $11.78
    − OpEx −$10.9k −$3.53
    NOI $25.4k $8.25
    3,078 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $362.6K
    $317.3K – $423.1K (±1% cap)
    NOI $25,383 @ 7.0% cap · market cap 8.49%
    Second Best
    Apartment 5plus
    $339.0K
    $296.6K – $395.5K (±1% cap)
    NOI $23,729 @ 7.0% cap · market cap 7.94%
    Theoretical Best
    Office A
    $781.3K
    $683.6K – $911.5K (±1% cap)
    NOI $54,688 @ 7.0% cap · market cap 18.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.659708
    Latitude
    41.396855

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex featuring spacious units and long-term tenants.
    Where is this duplex located?
    The property is located at 736-738 Hickory Street Scranton, PA.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: Two‑sided setup with 3 bedrooms per apartment, plus a full bath and a half bath on each side; 2nd‑floor balconies at the back of each apartment, plus a spacious front porch and a patio; Open floorplan with attic storage; each kitchen has eat‑in dining and each unit includes a dedicated dining room
    More about this property
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