Property summary
This Scranton, PA, multifamily investment opportunity comprises two adjacent properties at 1214-1216 & 1218 Vine Street, totaling 6,610 square feet on a 6,210 square foot lot. The property features three units with 17 bedrooms and six parking spaces, currently boasting 100% occupancy through May 31, 2025. The buildings, constructed in 2008 and renovated in 2019, are zoned R-9 and offer significant income potential with current annual net operating income (NOI) of $90,214, representing a… 12.14% capitalization rate. The asking price is $742,900, translating to $112.39 per square foot. Individual units range from 5 to 6 bedrooms, each with updated features including hardwood floors, decks, and in-unit laundry. The property's prime location, just 2.5 blocks from the University of Scranton, ensures strong demand from students attending the University of Scranton, Marywood University, Geisinger Medical, and Lackawanna College. The current lease agreements provide a guaranteed income stream, with potential for future rent increases given market rates of $550-$750 per bed. This presents a compelling value-add opportunity for investors seeking stable returns in a thriving student housing market. The property includes two three-story buildings. All utilities are the responsibility of the tenants, except for a potential cap of $600 per month for electricity. Property taxes, insurance, and property management fees are included in the provided financial data.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
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