621-623 Madison Avenue Scranton, PA $ 750,000
621-623 Madison Avenue
$ 750,000
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621-623 Madison Avenue

Scranton, PA, 18510
$ 750,000
Bedrooms-- Baths0.0 Sq 4,075

Monthly Estimate*

$ 5,180

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Single Family Home for sale in Scranton, PA

for $750,000. This 4,075 square foot home was built in 1940.

Fully renovated 7-unit in Scranton's Hill Section. Four 2BR and three 1BR apartments, every unit just updated, all separately metered with tenants paying heat, electric, water and sewer. Low owner expenses and immediate cash flow with room to grow rents to market. Turnkey multifamily for the investor who wants income on day one without the renovation work. Can be sold as a part of a portfolio.

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Single Family Active

Price

$ 750,000

Property Type

Single Family

Taxes

$ 4,790

Style

Multi Family

Year Built

1940

Town/City

Scranton

County/Region

Lackawanna

MLS | Web ID

265187

Features
Interior
Basement Unfinished Partial
Basement (Y/N) N
Total Baths 0
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General
Zoning Apartment Residential
Construction Materials Vinyl Siding
Year Built 1940
Township Scranton City
Property Subtype Multi Family
Parcel Number 14677020024
Gross Income 79500.0
County Lackawanna
Net Operating Income 68742.0
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name None
Status Active
Directions From Center of Scranton: Head toward N Washington Ave. Turn left onto Madison Ave. Destination will be on the left.
City Scranton
High School District Scranton
Number Of Units Total 7
MLS Area Misc Out of County
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4790.78
Electric Expense 1000.0
Home Warranty Y/N N
Fuel Expense 0.0
Property Condition Very Good
Lease Renewal Y/N N
MLS Area Minor Misc Out of County
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
Water Body Access Y/N None
Accessibility Features Y/N None
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Exterior
Spa N
Building Area Total 4075.0
Lot Dimensions 160x40
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 621623
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* Excluded Features
List By
Jennifer de Jesus

Listing Agent

Steel City Realty

Broker

jen@empirecapitalhldgs.com

Email

Affordability Calculator

$5,579
Per Month
93%
7%
0%
Monthly Principal & Interest
$5,180
Monthly Property Taxes
$399
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
2516178 Elementary School
2516098 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2026$750,000 Listed Price

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621-623 Madison Avenue, Scranton, PA, 18510 is a Single Family Home for sale at $750,000 with 4,075 sqft. 621-623 Madison Avenue has 0.0 baths and was built in 1940. The property's zip code is 18510 which is in Scranton, PA