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6-Unit Apartment Building

914 916 Madison Avenue, Scranton, PA 18510

For Sale
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Fully leased property with on-site coin-operated laundry and multifamily zoning.

Property SizeContact for details
Days on Market104

Property Features for 914 916 Madison Avenue

General Information

Standard status Active
Class B
Property subtype Multifamily
Zoning Multi-Family
Occupancy 100%
Investment Type Value Add
Net Operating Income $60,574

Additional Details

Multifamily Units 6

Amenities

on-site coin-operated laundry

Building Details

Year Built 1926
Buildings 1
Units 6
Tenancy Multi
Listing Agency: Steel City Realty
Listed By: Jennifer DeJesus · License PA RM423820
Source: Crexi
Added: Jul 30 Changed: Nov 9 Last Checked: Nov 10 at 6:03AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Steel City Realty

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Investment Insights

Based on property information with market context.

Built in 1926, this six-unit apartment property is fully occupied and positioned as a multifamily asset. The building includes on-site coin-operated laundry, providing an additional operating feature for residents and ownership.

Residents pay utilities in five units. In the remaining unit, ownership covers water, sewer, and trash. The property is located at 914–916 Madison Avenue in Scranton, Pennsylvania, and carries Multi-Family zoning.

Key Highlights

  • Six‑unit apartment building at 914–916 Madison Avenue, Scranton, PA 18510
  • Fully occupied apartment property
  • Multi‑Family zoning

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,853
Businesses Nearby

Demographics for 18510, PA

14,110
Population
5,824
Households
2.4
Avg Household Size
31
Median Age
28%
College-Educated
88%
High-School Grad
1.8 sq mi
ZIP Area
7,839
Density / Sq Mi
$52,500
Median Household Income
$25,282
Median Earnings
$1,040
Median Rent
$178,000
Median Home Value
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Market

Average Price Trend$/SF for Apartment buildings in Scranton, PA

$96.05 Jul
$102 Aug
$102 Sep
$99.23 Oct

Properties on Market for Apartment buildings in Scranton

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased property with on-site coin-operated laundry and multifamily zoning.
Where is this apartment building located?
The property is located at 914 916 Madison Avenue Scranton, PA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Six‑unit apartment building at 914–916 Madison Avenue, Scranton, PA 18510; Fully occupied apartment property; Multi‑Family zoning
(610) 217-6330 · Office Call to check price and availability
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