You are browsing as a guest. Register to access key data for free.
Property profile

1618 Main Ave Scranton, PA 18508

OFF-MARKET
Investment properties
Property ID
US73-5899709
View Sample
0.11 ac lot
Individually Owned 1-yr Hold ~ Est. High Equity

Property summary

AI-generated overview

This exceptional three-unit mixed-use building at 1618 N Main Avenue in Scranton, PA, presents a rare investment opportunity. The property boasts 3,200 square feet on a 0.11-acre lot and is priced at $249,000. The building features a brand new roof, ensuring long-term cost savings. High-visibility signage enhances its commercial appeal. Inside, you'll find beautiful fixtures, crown molding, and fresh paint throughout, reflecting meticulous upkeep. A substantial three-bedroom apartment occupies the second floor, complete with front and rear balconies and newly constructed back steps. Each of the three units benefits from separate meters and ductless heat/AC systems. A paved driveway leads to a rear parking lot with capacity for approximately five vehicles. The existing commercial units on the first floor each include kitchenettes and bathrooms, presenting a potential for expansion. With necessary approvals, the property could accommodate two additional apartments on the first floor, significantly increasing rental income. The building's quality construction, attractive features, and strong income potential make it a standout investment in the Scranton market. This is a unique chance to acquire a well-maintained, high-return property in a desirable location.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Lot 0.11 ac (4,730 SF)
APN 13416010035
UPID US73-5899709

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm Child Welfare Organization
  • Financial Advisor
  • Tax Preparation

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$205k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2025
Last sale
$249,000
5 recorded transactions
2025
$249,000
2022
$164,000
2022
Price N/A
2016
$115,000
2006
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1618 Main Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message