Move-In Ready
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
(570) 300-4766
201 E. Drinker Street, Dunmore, PA
Listed by
Lizbeth Vaquero · License #RS355766
(570) 309-1334
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.
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
NOI $12,370 @ 7.0% cap · market cap 4.99%
Second Best
Apartment 5plus
$165.2K
$144.6K – $192.7K
NOI $11,564 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$380.7K
$333.1K – $444.2K
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
Similar For Sale Nearby
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