Scranton, PA Multifamily Properties for Sale

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Updated: May 12

8-Unit Multifamily Corner Property

1607 Sanderson Avenue, Scranton, PA 18509

$650,000

7,348 sqft 0.28 AC lot

8‑unit multifamily property on the corner of Sanderson St. and Green Ridge St. (Scranton, on the Dunmore border)
Unit mix: 2 two‑bedroom apartments and 6 one‑bedroom apartments
Year built: 1930
Heating includes natural gas and electric (heating)
Off‑street parking available

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1607 Sanderson Avenue, Scranton, PA 18509

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Est. Cap Rate

8.7%
Above avg (5.9%)
Est. NOI

$57K
Annual
Mortgage

$202K
Sep 2016
Last Sold

Aug 2018
$225K

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Updated: Jun 18

Office and Duplex Property

Scranton, PA 18504

$465,000

5,390 sqft 6.43 AC lot

6.4‑acre property with scenic valley views and multiple possible uses
On‑site commercial building currently occupied by a radio station; could continue as office space
Commercial building may be convertible to apartments, subject to applicable approvals
Includes a duplex with 1 unit currently leased at $650 per month
Duplex requires some improvements, with potential to increase rental income

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Duplex with Separate Utilities

614 Boulevard Avenue, Scranton, PA 18519

$239,000

1,866 sqft 0.38 AC lot

Two-unit duplex with separate heat and electric, offering a combined water/sewer/gas bill plus two electric bills.

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Mixed-Use Retail with Two Apartments

622 E Market Street, Scranton, PA 18509

$279,900

3,530 sqft 0.28 AC lot

Ground-floor commercial space with two one-bedroom apartments upstairs and a private rear parking lot.

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South Scranton Multi-Family Building

1418 Pittston Avenue, Scranton, PA 18505

$679,000

6,200 sqft 0.13 AC lot

For sale multi-family property with seven residential units and three garage spaces in Scranton.

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Green Ridge Multifamily Investment Opportunity

1411-1413 N Washington Avenue, Scranton, PA 18509

$975,000

9,200 sqft 0.19 AC lot

Meticulously maintained 8-unit apartment building in desirable Green Ridge.

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Mixed-Use Apartment Building

525 527 Cedar Avenue, Scranton, PA 18505

$799,900

5,685 sqft 0.14 AC lot

Building features two first-floor storefronts, with three residential units on the second floor and a large penthouse unit above.

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Triplex with Separate Utilities

1830 1832 Washburn Street, Scranton, PA 18504

$340,000

4,660 sqft 0.09 AC lot

Three-unit triplex on a corner lot with separate utilities and one 3-bedroom plus two 2-bedroom apartments.

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Spacious Scranton Multifamily Investment Opportunity

724 Court Street, Scranton, PA 18508

$299,900

5,264 sqft 0.90 AC lot

Large 4-unit property in desirable location, ideal for investors.

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Scranton Duplex Near University

430-432 Taylor Avenue, Scranton, PA 18510

$599,900

3,724 sqft 0.14 AC lot

Fully rented 14-bedroom duplex near the University of Scranton.

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Two-Unit Duplex with Garage

1312 Dartmouth Street, Scranton, PA 18504

$280,000

3,432 sqft 0.07 AC lot

Two side-by-side units on a corner lot with separate utilities and an electrified 2-car garage.

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Side-by-Side Duplex with Garage

833 835 Monroe Avenue, Scranton, PA 18510

$299,000

3,443 sqft 0.18 AC lot

Move-in ready duplex with refreshed interiors, separate utilities, and a detached 5-car garage generating additional income.

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Two-Family Residential Income Home

805- 07 N Irving Avenue, Scranton, PA 18510

$395,000

4,882 sqft 0.10 AC lot

Spacious two-unit home with separate utilities, updated interiors, and flexible owner-occupant or long-term investor use.

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Updated Two-Unit Residential Income

1810-1812 Lafayette Street, Scranton, PA 18504

$319,900

2,231 sqft 0.09 AC lot

Two 3-bedroom, 1-bath units offer open layouts, mudrooms, attic storage, and off-street parking with a driveway.

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Turn-Key Triplex with Upgraded Systems

622-624 S Main Avenue, Scranton, PA 18504

$320,000

2,325 sqft 0.20 AC lot

Fully occupied triplex with a 4-bedroom and two 2-bedroom units, featuring major mechanical and utility upgrades.

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Move-In Ready Duplex with Off-Street Parking

617-619 Harrison Avenue, Scranton, PA 18510

$345,000

2,800 sqft 0.07 AC lot

Duplex offers three bedrooms per side, separate utilities, off-street parking, and one unit currently rented.

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Updated Two-Family Residence

1810-1812 Lafayette Street, Scranton, PA 18504

$319,900

2,231 sqft 0.09 AC lot

Two 3-bedroom, 1-bath units feature open layouts, mudrooms, attic storage, off-street driveway parking, and a newer roof.

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Updated Duplex Investment Opportunity

1505-1507 Luzerne Street, Scranton, PA 18504

$340,000

1,300 sqft 0.17 AC lot

Updated two-home duplex offers four-bedroom layouts and modern kitchens, appealing to rental investors seeking reliable income potential.

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Quadplex with Private Parking

1248-1252 Providence Road, Scranton, PA 18508

$329,000

3,669 sqft 0.20 AC lot

For sale C2-zoned property set up for conversion to a 4-unit multi-family with central A/C and forced hot air.

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Residential Income Property with Garages

619-621 Mineral Avenue, Scranton, PA 18509

$399,900

1,354 sqft 0.17 AC lot

Two fully rented apartment units plus a rented commercial garage with office and lift comprise this mixed-use income property.

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Updated Scranton Triplex Investment Property

2309 Ash Street, Scranton, PA 18510

$299,000

3,426 sqft 0.34 AC lot

Well-maintained 3-unit property with updated kitchens and off-street parking.

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Mixed-Use Garage and Apartments

619 621 Mineral Avenue, Scranton, PA 18509

$399,900

1,077 sqft 0.17 AC lot

Property combines a rented commercial garage with overhead auto lift and two fully rented apartments.

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Side-by-Side Duplex Fixer-Upper

1001 1003 Acker Avenue, Scranton, PA 18504

$160,000

2,000 sqft 0.10 AC lot

Two 3-bedroom, 1-bath units with separate utilities, sold as a condemned property requiring rehabilitation for occupancy.

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Victorian Duplex with Separate Entrances

629 N Main Avenue, Scranton, PA 18504

$275,000

1,924 sqft 0.14 AC lot

Victorian duplex with two independently metered units, separate entrances, and private laundry in each unit.

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Scranton, PA Multifamily Properties Market Trends and Statistics

Explore 92 multifamily properties for sale in Scranton, PA, showcased through 92 active listings on our real estate platform. These investment opportunities span a total of 398,497 square feet of properties for sale, with an estimated market value of $38,241,693.

Sale prices for multifamily properties in Scranton, PA start at $69,999, averaging $424,907, and reaching up to $3,650,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 120K

Population Growth (5Y) +4.9%

Median Household Income $56,211

College Educated 23.7%

High-Yield Neighborhoods for Investment

Identify Scranton submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
18504	$298.1K
18509	$378.7K
18508	$430.3K
18505	$520.6K
18510	$631.3K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lackawanna County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lackawanna County

Retail

Residential Income

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Scranton, PA Multifamily Properties for Sale

1607 Sanderson Avenue, Scranton, PA 18509

Scranton, PA 18504

614 Boulevard Avenue, Scranton, PA 18519

622 E Market Street, Scranton, PA 18509

1418 Pittston Avenue, Scranton, PA 18505

1411-1413 N Washington Avenue, Scranton, PA 18509

525 527 Cedar Avenue, Scranton, PA 18505

1830 1832 Washburn Street, Scranton, PA 18504

724 Court Street, Scranton, PA 18508

430-432 Taylor Avenue, Scranton, PA 18510

1312 Dartmouth Street, Scranton, PA 18504

833 835 Monroe Avenue, Scranton, PA 18510

805- 07 N Irving Avenue, Scranton, PA 18510

1810-1812 Lafayette Street, Scranton, PA 18504

622-624 S Main Avenue, Scranton, PA 18504

617-619 Harrison Avenue, Scranton, PA 18510

1810-1812 Lafayette Street, Scranton, PA 18504

1505-1507 Luzerne Street, Scranton, PA 18504

1248-1252 Providence Road, Scranton, PA 18508

619-621 Mineral Avenue, Scranton, PA 18509

2309 Ash Street, Scranton, PA 18510

619 621 Mineral Avenue, Scranton, PA 18509

1001 1003 Acker Avenue, Scranton, PA 18504

629 N Main Avenue, Scranton, PA 18504

Scranton, PA Multifamily Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Retail

Residential Income

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