Side-by-Side
New
For Sale
$199,000
921-923 Wood Street, Scranton, PA 18508
Residential Income, Scranton, PA
Property Size1,612 SF
Lot Size0.09 Acres
Price / SF$123.45
Days on Market3
Property Features for 921-923 Wood Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1, Basement, Bedroom 2
Parking features
Off Street
Basement
Unfinished, Block
Appliances
Dryer, Free-Standing Refrigerator, Free-Standing Range
Elementary school district
Scranton
Middle school district
Scranton
High school district
Scranton
Directions
Coming from North Main Ave you will turn onto Wood st and the house will be on your right.
Standard status
Active
APN
13420010033
Size
1,612 SF
Lot size
0.09 Acres
Additional Details
Individually Metered Utilities
unspecified utilities
Taxes and HOA fees
Tax Year
2026
Tax Description
31X90x31x30x62x120 W-02 B-035 L-007 P-008
Tax Annual Amount
3575
Legal Description
31X90x31x30x62x120 W-02 B-035 L-007 P-008
Building Details
Year built
1930
Floors in Building
2
Number of units
2
Listing Agency:
EXP Realty LLC
(888) 397-7352
Listed By:
Brigitte Baum
(570) 290-9008
Added: Oct 27
Last Checked: Oct 29 at 4:06AM
MLS# SC265423
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 1,612-square-foot duplex in Scranton contains two side-by-side residences, each with two bedrooms and one full bathroom. The property dates to 1930 and occupies a 0.09-acre lot. Each unit has separate utilities, and parking is available off street.
Recent property updates include a newer roof, updated water heaters and a brand-new boiler in the right-side unit. The interiors would benefit from cosmetic work. The property is zoned R2, and listed appliances include a dryer, refrigerator and range.
Recent property updates include a newer roof, updated water heaters and a brand-new boiler in the right-side unit. The interiors would benefit from cosmetic work. The property is zoned R2, and listed appliances include a dryer, refrigerator and range.
Key Highlights
- Two side‑by‑side units, each with 2 bedrooms and 1 full bathroom
- 1,612 square feet on a 0.09‑acre lot
- Separate utilities for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,294
Cap Rate
6.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,880
$265.9K
Cap Rate 7%
$189,914
$189.9K
Cap Rate 9%
$147,711
$147.7K
Market Conditions
NOI Build-Up for 1,612 SF
Gross rent
$20.3K $12.60/SF
− Vacancy
−$1.3K −$0.82/SF
EGI
$19.0K $11.78/SF
− OpEx
−$5.7K −$3.53/SF
NOI
$13.3K $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%
$265,880
Cap Rate 7%
$189,914
Cap Rate 9%
$147,711
Alternative Uses
Best Use
Multifamily LT 5
$189.9K
$166.2K – $221.6K
NOI $13,294 @ 7.0% cap · market cap 6.68%
Second Best
Apartment 5plus
$177.5K
$155.3K – $207.1K
NOI $12,427 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$409.2K
$358.0K – $477.4K
NOI $28,641 @ 7.0% cap · market cap 14.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
729
Businesses Nearby
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Business Placement
Demographics for 18508, PA
11,664
Population
5,466
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
1,715
Density / Sq Mi
$44,706
Median Household Income
$31,055
Median Earnings
$1,034
Median Rent
$120,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two residences have matching two-bedroom, one-bath layouts, separate utilities and off-street parking.
Where is this duplex located?
The property is located at 921-923 Wood Street Scranton, PA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Two side‑by‑side units, each with 2 bedrooms and 1 full bathroom; 1,612 square feet on a 0.09‑acre lot; Separate utilities for each unit
