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.
Pending
Price cut: $10K (5/21)
$170,000
428 Railroad Ave, Scranton, PA 18505
6beds
1,600sqft
Multi Family
Built in 1954
-- sqft lot
$-- Zestimate®
$106/sqft
$-- HOA
What's special
New roofUpdated with new flooring
- 72 days |
- 34 |
- 1 |
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: $106/sqft
- Tax assessed value: $8,000
- Annual tax amount: $3,545
- Date on market: 4/29/2026
- Cumulative days on market: 43 days
- Listing terms: Cash,Conventional
- Tenant pays: Electricity
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,859/mo
Price history
| Date | Event | Price |
|---|---|---|
| 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 | -- | $8,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Hyde Park
Nearby schools
GreatSchools rating
- 4/10Frances Willard #32Grades: PK-4Distance: 0.6 mi
- 6/10West Scranton Intermediate SchoolGrades: 5-8Distance: 0.9 mi
- 4/10West Scranton High SchoolGrades: 9-12Distance: 0.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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- Pennsylvania
- Lackawanna County
- Scranton
- 18505
- Hyde Park
- 428 Railroad Ave
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