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Move-In Ready Duplex

834 E Scott Street Olyphant, PA 18447

New
834 E Scott Street, Olyphant, PA, 18447
$248,000
For Sale
$248,000

MULTI_FAMILY - Other - Olyphant, PA

Property Size1,500 SF
Lot Size0.07 Acres
Price / SF$165.33
Days on Market3

Property Features for 834 E Scott Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Zoning
r1
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
Parking
2
Parking features
Garage
Patio and Porch features
Porch
Interior features
Recessed Lighting
Exterior features
Balcony, Private Yard, Garden
Appliances
Range, Refrigerator
Standard status
Active
APN
11419010012
Size
1,500 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
29X120x31x120 Snooks Add L 51 B 27 W-04 B-019 L-017
Tax Annual Amount
1252

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Window Unit(s)
Water source
Public

Building Details

Year built
1925
Floors in Building
3
Number of units
2
Flooring type
Vinyl
Building materials
Vinyl Siding
Roof type
Composition
Architectural style
Other
Listing Agency Iron Valley Real Estate Greater Scranton
201 E. Drinker Street, Dunmore, PA
Listed by Lizbeth Vaquero · License #RS355766
Added: Jul 18 Checked: Jul 20 at 12:06 am
MLS# SC263498 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.


Investment Insights

Based on property information with market context.

This move-in ready duplex offers two separate units with updated interiors and spacious layouts. Each unit features modern luxury vinyl flooring, fresh paint, recessed lighting, and comfortable living and bedroom areas with ample closet space. Kitchens are updated with abundant cabinetry, updated countertops, stone-look backsplashes, and newer appliances.

The property includes a detached one-car garage, a rear parking pad, and alley access for added convenience. Zoning is listed as R1, and the property is located near shopping, schools, parks, and major highways.

Overall, the duplex is presented as turnkey, with low-maintenance, recently updated finishes throughout both units.

Key Highlights

  • 1925‑built duplex with separate living spaces and 4 bedrooms plus 2 bathrooms across the two units
  • Both units updated with recessed lighting, fresh paint, and vinyl flooring
  • Each kitchen includes range, refrigerator, updated countertops, and stone‑look backsplash

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 $18.9k $12.60
− Vacancy −$1.2k −$0.82
EGI $17.7k $11.78
− OpEx −$5.3k −$3.53
NOI $12.4k $8.25
1,500 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$176.7K
$154.6K – $206.2K (±1% cap)
NOI $12,370 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$165.2K
$144.6K – $192.7K (±1% cap)
NOI $11,564 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$380.7K
$333.1K – $444.2K (±1% cap)
NOI $26,651 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store Daycare Center Barber Shop Garden Center Cafe & Coffee Shop (Bike/Boat/Book/etc) Store Carpet & Flooring Store Real Estate Agency Butcher

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

FAQs

What type of property is this?
Duplex - Updated duplex with modern finishes, separate living spaces, and a detached one-car garage plus rear parking pad.
Where is this duplex located?
The property is located at 834 E Scott Street Olyphant, PA.
What is the asking price?
The asking price for this property is $248,000.
What are key features of this property?
This property features: 1925‑built duplex with separate living spaces and 4 bedrooms plus 2 bathrooms across the two units; Both units updated with recessed lighting, fresh paint, and vinyl flooring; Each kitchen includes range, refrigerator, updated countertops, and stone‑look backsplash
Contact an agent
More about this property
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