Duplex with Updated
For Sale
$211,000
817 Rear Court Street, Scranton, PA 18508
Residential Income, Scranton, PA
Property Size2,117 SF
Lot Size0.06 Acres
Price / SF$99.67
Days on Market50
Property Features for 817 Rear Court Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R1
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Basement, Bedroom 1, Bedroom 2, Bathroom 2
Basement
Partially Finished
Elementary school district
Scranton
Middle school district
Scranton
High school district
Scranton
Directions
From I-81, take the Scranton/North Scranton exit and follow toward North Scranton. Continue toward Court Street. Follow Court Street to the 800 block and arrive at 817 Court Street. Property is the rear residence; follow property signage for rear access.
Standard status
Active
APN
13420030006
Size
2,117 SF
Lot size
0.06 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3038
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Architectural style
Other
Listing Agency:
EXP Realty LLC
(888) 397-7352
Listed By:
Christine Ives Polizzi · License #RS360064
(570) 561-7189
Added: Sep 17
Changed: Oct 29
Last Checked: Nov 5 at 5:06PM
MLS# SC264666
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.
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Investment Insights
Based on property information with market context.
This 2,117-square-foot duplex was built in 1920 and includes two occupied units, each with its own living area. The property also includes basement space and is identified as having potential for a third unit. Current improvements include a replacement roof, a Rinnai heating system installed in 2024, and new water and gas lines completed in 2025.
Utilities are separately metered for gas and electric, while the owner pays all utilities for unit 1 and water and sewer for unit 2. The property sits on a 0.06-acre lot and is zoned R1, with public water and public sewer service. Both existing units are occupied under month-to-month leases.
Utilities are separately metered for gas and electric, while the owner pays all utilities for unit 1 and water and sewer for unit 2. The property sits on a 0.06-acre lot and is zoned R1, with public water and public sewer service. Both existing units are occupied under month-to-month leases.
Key Highlights
- 2,117‑square‑foot duplex on a 0.06‑acre lot
- Two occupied units with month‑to‑month leases
- Potential for a third unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,458
Cap Rate
8.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$349,160
$349.2K
Cap Rate 7%
$249,400
$249.4K
Cap Rate 9%
$193,978
$194.0K
Market Conditions
NOI Build-Up for 2,117 SF
Gross rent
$26.7K $12.60/SF
− Vacancy
−$1.7K −$0.82/SF
EGI
$24.9K $11.78/SF
− OpEx
−$7.5K −$3.53/SF
NOI
$17.5K $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%
$349,160
Cap Rate 7%
$249,400
Cap Rate 9%
$193,978
Alternative Uses
Best Use
Multifamily LT 5
$249.4K
$218.2K – $291.0K
NOI $17,458 @ 7.0% cap · market cap 8.27%
Second Best
Apartment 5plus
$233.2K
$204.0K – $272.0K
NOI $16,321 @ 7.0% cap · market cap 7.74%
Theoretical Best
Office A
$537.3K
$470.2K – $626.9K
NOI $37,613 @ 7.0% cap · market cap 17.83%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
700
Businesses Nearby
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Demographics for 18508, PA
11,664
Population
5,466
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
1,715
Density / Sq Mi
$44,706
Median Household Income
$31,055
Median Earnings
$1,034
Median Rent
$120,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two occupied units are leased on a month-to-month basis, with additional space identified for possible expansion.
Where is this duplex located?
The property is located at 817 Rear Court Street Scranton, PA.
What is the asking price?
The asking price for this property is $211,000.
What are key features of this property?
This property features: 2,117‑square‑foot duplex on a 0.06‑acre lot; Two occupied units with month‑to‑month leases; Potential for a third unit
