Turnkey investment opportunity in Scranton, PA! This 2-unit multifamily property features two, 3-bedroom, 1-bathroom units and is currently generating rental income with one unit occupied. The vacant unit offers immediate flexibility to maximize cash flow from day one.This property has been updated with new flooring, water hearer, and new roof, giving the next owner peace of mind and minimized near-term capital expenditure. Units have separate electric meters, keeping utility costs the responsibility of tenants and protecting your bottom line.Conveniently located in Scranton, with easy access to major employers, universities, downtown amenities, and I-81. Whether you're a seasoned investor or first-time buyer, this property is an ideal addition to any rental portfolio.
For sale
Price cut: $5K (9/2)
$165,000
428 Railroad Ave, Scranton, PA 18505
6beds
1,600sqft
Multi Family
Built in 1954
-- sqft lot
$-- Zestimate®
$103/sqft
$-- HOA
What's special
New roofUpdated with new flooring
- 164 days
- 1,195
- 149
Zillow last checked:
Listing updated:
Listed by:
William Pregmon,
Berkshire Hathaway Home Services Preferred Properties 570-585-1500
Source: GSBR as distributed by MLS GRID,MLS#: SC261842
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Window Unit(s)
Appliances
- Included: Free-Standing Gas Oven, Refrigerator, Gas Water Heater
- Laundry: Washer Hookup
Features
- Flooring: Other, Vinyl
- Windows: Double Pane Windows, Insulated Windows
- Basement: Dirt Floor
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
- Finished area above ground: 1,600
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch, Rear Porch
Lot
- Size: 5,662 Square Feet
- Dimensions: 28 x 201
Details
- Parcel number: 15648010026
- Zoning: R1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex Up & Down
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1954
Utilities & green energy
- Electric: 200+ Amp Service, Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
Community & HOA
Location
- Region: Scranton
Financial & listing details
- Price per square foot: $103/sqft
- Tax assessed value: $8,000
- Annual tax amount: $3,545
- Date on market: 4/29/2026
- Cumulative days on market: 76 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,861/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Price change | $165,000-2.9%$103/sqft |
Source:  GSBR as distributed by MLS GRID #SC261842 Report a problem | ||
| 8/10/2026 | Listed for sale | $170,000$106/sqft |
Source: GSBR as distributed by MLS GRID #SC261842 Report a problem | ||
| 5/26/2026 | Pending sale | $170,000$106/sqft |
Source: GSBR as distributed by MLS GRID #SC261842 Report a problem | ||
| 5/21/2026 | Price change | $170,000-5.6%$106/sqft |
Source: GSBR as distributed by MLS GRID #SC261842 Report a problem | ||
| 5/10/2026 | Pending sale | $180,000$113/sqft |
Source: GSBR as distributed by MLS GRID #SC261842 Report a problem | ||
| 4/29/2026 | Listed for sale | $180,000+227.3%$113/sqft |
Source: GSBR as distributed by MLS GRID #SC261842 Report a problem | ||
| 11/1/2004 | Sold | $55,000+326.4%$34/sqft |
Source: GSBR as distributed by MLS GRID #043075 Report a problem | ||
| 5/1/1998 | Sold | $12,900$8/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,520 +9.6% | $8,000 |
| 2024 | $2,299 | $8,000 |
| 2023 | $2,299 +187.3% | $8,000 |
| 2022 | $800 | $8,000 |
| 2021 | $800 -62.1% | $8,000 |
| 2020 | $2,111 +1.8% | $8,000 |
| 2018 | $2,074 +253.6% | $8,000 |
| 2017 | $586 | $8,000 |
| 2016 | -- | $8,000 |
| 2015 | -- | $8,000 |
| 2014 | $1,518 | $8,000 |
| 2013 | -- | $8,000 |
| 2012 | -- | $8,000 |
| 2011 | -- | $8,000 |
| 2010 | -- | $8,000 |
| 2009 | -- | $8,000 |
| 2008 | -- | $8,000 |
| 2007 | -- | $8,000 |
| 2006 | -- | $8,000 |
| 2005 | -- | $8,000 |
| 2004 | -- | $8,000 |
| 2003 | -- | $8,000 |
| 2002 | -- | $8,000 |
| 2000 | -- | $8,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Hyde Park
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