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Income-Producing Triplex in Scranton

846 Monroe Avenue, Scranton, PA 18510

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Pending

$350,000

MULTI_FAMILY - Other - Scranton, PA

Property size:

3,100 SF

Lot size:

0.09 Acres

HighLights

Income‑producing 3‑unit property in a desirable location.
Vacant first‑floor unit available for immediate occupancy or rental.
Separate electric meters for each unit.
Remodeled laundry room with walkout basement access.
Large corner lot with ample parking.
Close proximity to major hospitals.

We can help!

Listing Contact

Sujin Chong Huber

Pending

$350,000

MULTI_FAMILY - Other - Scranton, PA

Property size:

3,100 SF

Lot size:

0.09 Acres

Added:: Apr 21, 2026
Days on Market:: 58
Last Refresh:: Jun 17 at 10:06 am

Property Features for 846 Monroe Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R1
Bedrooms: 5
Bathrooms: 3
Rooms: Bathroom 2, Basement, Bedroom 1, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bedroom 2
Parking features: Off Street, On Street, Alley
Patio and Porch features: Deck, Porch, Patio
Interior features: Ceiling Fan(s)
Exterior features: Balcony
Basement: Concrete, Unfinished, Full, Walk-Out Access
Appliances: Dishwasher, Refrigerator, Microwave, Electric Oven
Standard status: Pending
APN: 14670030010
Size: 3,100 SF
Lot size: 0.09 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: 80X50 S H Swingle Sub L B W-09 B-010 L-013B P-001
Tax Annual Amount: 5184

Utilities

Heating system: Natural Gas, Steam
Cooling system: Window Unit(s)
Water source: Public

Building Details

Year built: 1930
Floors in Building: 3
Number of units: 3
Flooring type: Hardwood, Carpet, Tile - Ceramic
Building materials: Vinyl Siding
Roof type: Shingle, Flat
Architectural style: Other

We can help!

Listing Contact

Sujin Chong Huber

Listing agent Sujin Chong Huber License #RS296501

Listing office Berkshire Hathaway Home Services Preferred Properties 721 S. State St., Clarks Summit, PA

Listing date Apr 21, 2026

MLS# SC261710 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.

HighLights

Income‑producing 3‑unit property in a desirable location.
Vacant first‑floor unit available for immediate occupancy or rental.
Separate electric meters for each unit.
Remodeled laundry room with walkout basement access.
Large corner lot with ample parking.
Close proximity to major hospitals.

Overview

This well-maintained 3-unit property is located in the desirable Hills section of Scranton, close to major hospitals. The property offers an opportunity to live in one unit while generating rental income from the others. Features include separate electric, a vacant first-floor unit, a tenant-occupied second floor with a lease through 8/31/26, and an owner-occupied third floor. The property also includes a remodeled laundry room with walkout basement access. Situated on a large corner lot, the property provides plenty of parking and curb appeal. The property size is 3100 square feet and the lot size is 0.09 acres. The zoning is R1.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$39.1k	$12.60
− Vacancy	−$2.5k	−$0.82
EGI	$36.5k	$11.78
− OpEx	−$11.0k	−$3.53
NOI	$25.6k	$8.25

3,100 SF · lease $12.60/SF/yr · vacancy 6.50% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$365.2K

$319.6K – $426.1K (±1% cap)

NOI $25,565 @ 7.0% cap · market cap 7.30%

Second Best

Apartment 5plus

$341.4K

$298.7K – $398.3K (±1% cap)

NOI $23,899 @ 7.0% cap · market cap 6.83%

Theoretical Best

Office A

$786.8K

$688.5K – $918.0K (±1% cap)

NOI $55,079 @ 7.0% cap · market cap 15.74%

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

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Location Insight

Map
Local Demand

City: Scranton
County: Lackawanna
State: Pennsylvania
Longitude: -75.649769
Latitude: 41.413022

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For sale
Triplexes
PA
Scranton
18510
846 Monroe Avenue

What type of property is this?

Triplex - Well-maintained 3-unit property in the Hills section of Scranton.

Where is this triplex located?

The property is located at 846 Monroe Avenue Scranton, PA.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Income‑producing 3‑unit property in a desirable location.; Vacant first‑floor unit available for immediate occupancy or rental.; Separate electric meters for each unit.

846 Monroe Avenue, Scranton, PA 18510

MULTI_FAMILY - Other - Scranton, PA

Property Features for 846 Monroe Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Scranton Office/Retail Building For Sale

Scranton Commercial Building with Garage

Medical Office at High-Traffic Corner

Scranton Multifamily Investment Opportunity

Turn-Key Restaurant with Luxury Apartment

Scranton Duplex Near University

Interconnected Office Buildings

Two-Unit Office Property with Parking

Turnkey Pizza Restaurant and Rental Unit

Prime Scranton Development Opportunity

Mixed-Use Property in Downtown Scranton

Green Ridge Multifamily Investment Opportunity

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