Two-Story
740 Orchard Street, Scranton, PA 18505
For Sale
$210,000
Residential Income, Scranton, PA
Property Size1,756 SF
Lot Size0.05 Acres
Price / SF$119.59
Days on Market46
Property Features for 740 Orchard Street
General Information
Property type
Property subtype
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Patio and Porch features
Basement
Subdivision
Special listing conditions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
porch
balcony
Building Details
Year built
Floors in Building
Number of units
Building materials
Architectural style
Buildings
Listing Agency:
Ai Brokers LLC
Listed By:
Kimberlee Anne McClellan
(800) 933-1991
Added: Sep 28
Changed: Nov 4
Last Checked: Nov 12 at 6:06PM
MLS# PM-145127
Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This two-story duplex contains 1,756 square feet across two units, with a combined total of four bedrooms and two full bathrooms. Exterior features include a porch and deck. The home was built in 1920 and has wood siding, natural gas baseboard heat, and ceiling fans. Public water and sewer serve the property. The sale is as-is, with the buyer responsible for inspections and city closing requirements.
Nearby destinations include Duffy Park, John G. Whittier Elementary School, The Fresh Grocer of Meadow Avenue, and Geisinger Community Medical Center. Restaurants, schools, grocery shopping, public transportation, and major highways are also identified in the property information as nearby.
Nearby destinations include Duffy Park, John G. Whittier Elementary School, The Fresh Grocer of Meadow Avenue, and Geisinger Community Medical Center. Restaurants, schools, grocery shopping, public transportation, and major highways are also identified in the property information as nearby.
Key Highlights
- Two‑story duplex with 1,756 square feet across two units
- Four bedrooms and two full bathrooms
- 0.05‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,481
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,620
$289.6K
Cap Rate 7%
$206,871
$206.9K
Cap Rate 9%
$160,900
$160.9K
Market Conditions
NOI Build-Up for 1,756 SF
Gross rent
$22.1K $12.60/SF
− Vacancy
−$1.4K −$0.82/SF
EGI
$20.7K $11.78/SF
− OpEx
−$6.2K −$3.53/SF
NOI
$14.5K $8.25/SF
Area
Lackawanna County, PA
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,620
Cap Rate 7%
$206,871
Cap Rate 9%
$160,900
Alternative Uses
Best Use
Multifamily LT 5
$206.9K
$181.0K – $241.4K
NOI $14,481 @ 7.0% cap · market cap 6.90%
Second Best
Apartment 5plus
$193.4K
$169.2K – $225.6K
NOI $13,538 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$445.7K
$390.0K – $520.0K
NOI $31,199 @ 7.0% cap · market cap 14.86%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
891
Businesses Nearby
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Business Placement
Demographics for 18505, PA
20,982
Population
9,996
Households
2.1
Avg Household Size
39
Median Age
26%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
2,384
Density / Sq Mi
$52,599
Median Household Income
$34,155
Median Earnings
$954
Median Rent
$139,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Scranton, PA
Properties on Market for Duplexes in Scranton
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate units provide four bedrooms and two full bathrooms in a compact residential income property.
Where is this duplex located?
The property is located at 740 Orchard Street Scranton, PA.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Two‑story duplex with 1,756 square feet across two units; Four bedrooms and two full bathrooms; 0.05‑acre lot
