640 Jefferson Avenue Scranton City, PA $ 1,529,977
640 Jefferson Avenue
$ 1,529,977
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640 Jefferson Avenue

Scranton City, PA, 18510
$ 1,529,977
Bedrooms18 Baths17.0

Monthly Estimate*

$ 9,545

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Multi-Family Home for sale in Scranton City, PA for $1,529,977 with 18 bedrooms and 17 full baths. This home was built in 1980 on a lot size of 0.279.

Fully Occupied & Cash Flowing 17-unit multifamily in Scranton, PA, just minutes from Geisinger Medical School and Commonwealth Hospital. Ideal for students and professionals, with nearby major employers including the University of Scranton, Sanofi, PennDOT, Amazon, and MetLife. Turn-key investment in a strong rental market and upside opportunity. Don't miss out!

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Multi-Family Active

Price

$ 1,529,977

Bedrooms

18

Full Bath

17

Property Type

Multi-Family

Taxes

$ 13,325

Style

Lot Size

0.279

Year Built

1980

Town/City

Scranton City

County/Region

Lackawanna

MLS | Web ID

768351

Features
General
Sewer Public Sewer
Heating Gas Hot Water Radiator(s)
Cooling None Wall Unit(s)
Zoning multi-family
Construction Materials Vinyl Siding
Year Built 1980
Property Subtype Apartment
Gross Income 211320
County Lackawanna
Net Operating Income 176286
Operating Expense 31135
Insurance Expense 0
Property Type Residential Income
MaintenanceExpense 0
Subdivision Name Not in Development
Full Baths 17
Status Active
Directions Head northwest on Mulberry St toward Quincy Ave. Turn right onto Jefferson Ave. Destination will be on the right.
City Scranton City
Senior Community Y/N false
High School District Scranton
Number Of Units Total 17
MLS Area 598 - Scranton City
Lot Size Units Square Feet
Lot Size Square Feet 12162
Year Built Details Unknown
Tax Annual Amount 13325.9
Electric Expense 0
Fuel Expense 0
Property Condition Unknown
Water Sewer Expense 0
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Scranton
Elementary School District Scranton
Tax Assessed Value 36000
Property Sub Type Additional Apartment
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Interior
Air Conditioning Y/N false
Heating Y/N true
Total Bedrooms 18
Total Baths 17
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Exterior
Water Source Public
Total Parking 0
Lot Size Area 12162
Lot Size Acres 0.279
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* Excluded Features
List By
Jennifer L. DeJesus

Listing Agent

Steel City Realty

Broker

Affordability Calculator

$10,655
Per Month
90%
10%
0%
Monthly Principal & Interest
$9,545
Monthly Property Taxes
$1,110
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4063388 Elementary School
4451851 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/18/2025$1,529,977 Listed Price

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640 Jefferson Avenue, Scranton City, PA, 18510 is a Multi-Family Home for sale at $1,529,977 with a lot size of 0.279. 640 Jefferson Avenue has 18 bedrooms, 17.0 baths, and was built in 1980. The property's zip code is 18510 which is in Scranton City, PA