Duplex With Attic
For Sale
$279,000
747 749 Roberts Court, Scranton, PA 18504
Two three-bedroom units feature separate utilities and private driveways.
Property Size2,640 SF
Days on Market8
Property Features for 747 749 Roberts Court
General Information
Standard status
Active
Size
2,640 SF
Property subtype
Multi Family
Building Details
Building Size
2,640 SF
Year Built
1945
Listing Agency:
Iron Valley Real Estate Greater Scranton
(570) 880-8286
Listed By:
Mark Scrimalli · License #RS353478
Source:
Luxehomesnepa
Added: Jul 28
Changed: Jul 31
Last Checked: Aug 3 at 10:54AM
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 Iron Valley Real Estate Greater Scranton
Investment Insights
Based on property information with market context.
This duplex, built in 1945, includes two residential units, each with 3 bedrooms, 1 full bath, spacious living areas, and a private driveway. Both units are described as bright, functional, and move-in ready, with separate utilities supporting distinct unit operations.
Each unit also includes an almost-finished attic that may be completed to create additional living space, subject to the necessary work and approvals. The property is located at 747 and 749 Roberts Court in Scranton, Pennsylvania, and offers a two-unit configuration with clearly separated utility service and driveways.
Each unit also includes an almost-finished attic that may be completed to create additional living space, subject to the necessary work and approvals. The property is located at 747 and 749 Roberts Court in Scranton, Pennsylvania, and offers a two-unit configuration with clearly separated utility service and driveways.
Key Highlights
- Two‑unit duplex with 3 bedrooms and 1 full bath per unit
- Private driveway for each unit
- Separate utilities for both units
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 | $33.3k | $12.60 |
| − Vacancy | −$2.2k | −$0.82 |
| EGI | $31.1k | $11.78 |
| − OpEx | −$9.3k | −$3.53 |
| NOI | $21.8k | $8.25 |
2,640 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$311.0K
$272.1K – $362.9K
NOI $21,771 @ 7.0% cap · market cap 7.80%
Second Best
Apartment 5plus
$290.8K
$254.4K – $339.2K
NOI $20,353 @ 7.0% cap · market cap 7.29%
Theoretical Best
Office A
$670.1K
$586.3K – $781.8K
NOI $46,906 @ 7.0% cap · market cap 16.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
830
Businesses Nearby
Explore this area
Business Placement
Demographics for 18504, PA
21,267
Population
10,017
Households
2.1
Avg Household Size
40
Median Age
20%
College-Educated
87%
High-School Grad
10.2 sq mi
ZIP Area
2,085
Density / Sq Mi
$52,542
Median Household Income
$38,439
Median Earnings
$970
Median Rent
$144,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom units feature separate utilities and private driveways.
Where is this duplex located?
The property is located at 747 749 Roberts Court Scranton, PA.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: Two‑unit duplex with 3 bedrooms and 1 full bath per unit; Private driveway for each unit; Separate utilities for both units
