2-Unit
For Sale
$299,000
832 Green Ridge Street, Scranton, PA 18509
Residential Income, Scranton, PA
Property Size2,248 SF
Lot Size0.09 Acres
Price / SF$133.01
Days on Market8
Property Features for 832 Green Ridge Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-10
Zoning description
Commercial
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 2, Bedroom 2, Basement, Bedroom 3, Bathroom 1, Bedroom 1
Parking features
On Street, Garage
Basement
Unfinished, Dirt Floor, Full
Lot features
Corner Lot
Elementary school district
Scranton
Middle school district
Scranton
High school district
Scranton
Directions
Corner of Capouse and Green Ridge
Standard status
Active
APN
13517040056
Size
2,248 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
80X50 W-13 B-0460 L-0100 P-02900
Tax Annual Amount
3526
Legal Description
80X50 W-13 B-0460 L-0100 P-02900
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1930
Floors in Building
2
Number of units
2
Listing Agency:
Keller Williams Real Estate-Clarks Summit · Keller Williams Realty
(570) 585-5800
Listed By:
Patricia Dunning
(570) 267-5073
Added: Oct 14
Changed: Oct 19
Last Checked: Oct 21 at 2:06AM
MLS# SC265270
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 2,248-square-foot duplex was built in 1930 and sits on a 0.09-acre lot. One of its two units has a tenant, while the other is vacant. Utilities are separately metered. Improvements include windows, bathrooms, flooring, drywall in some areas, and interior paint.
Parking options include a garage and on-street spaces. The property has public water service and public sewer.
Parking options include a garage and on-street spaces. The property has public water service and public sewer.
Key Highlights
- Two units, with one occupied and one vacant
- 2,248 square feet on a 0.09‑acre lot
- Separate utilities for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,539
Cap Rate
6.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$370,780
$370.8K
Cap Rate 7%
$264,843
$264.8K
Cap Rate 9%
$205,989
$206.0K
Market Conditions
NOI Build-Up for 2,248 SF
Gross rent
$28.3K $12.60/SF
− Vacancy
−$1.8K −$0.82/SF
EGI
$26.5K $11.78/SF
− OpEx
−$7.9K −$3.53/SF
NOI
$18.5K $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%
$370,780
Cap Rate 7%
$264,843
Cap Rate 9%
$205,989
Alternative Uses
Best Use
Multifamily LT 5
$264.8K
$231.7K – $309.0K
NOI $18,539 @ 7.0% cap · market cap 6.20%
Second Best
Apartment 5plus
$247.6K
$216.6K – $288.9K
NOI $17,331 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$570.6K
$499.3K – $665.7K
NOI $39,941 @ 7.0% cap · market cap 13.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
904
Businesses Nearby
Explore this area
Business Placement
Demographics for 18509, PA
13,720
Population
6,017
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
3.0 sq mi
ZIP Area
4,573
Density / Sq Mi
$52,206
Median Household Income
$31,657
Median Earnings
$991
Median Rent
$176,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - One residence is occupied, while the second unit is vacant; each has separate utilities.
Where is this duplex located?
The property is located at 832 Green Ridge 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 units, with one occupied and one vacant; 2,248 square feet on a 0.09‑acre lot; Separate utilities for each unit
