This renovated 3-unit property in Scranton offers a fantastic investment opportunity grossing over $48K annually. The front single-family home features 5 bedrooms, 1.5 baths, and three levels of living space. Behind the main house, a duplex offers 2 bedroom, 1 bath units on each floor. There is also a detached two-car garage and off street parking.Each property has been updated with modern vinyl flooring, kitchens, and bathrooms. Whether you're looking to expand your portfolio or live in one unit while renting the others, this turnkey property is a must-see. Don't miss out on this prime investment opportunity and schedule a showing today!
For sale
Price cut: $10K (6/7)
$367,500
640 Alder St, Scranton, PA 18505
9beds
3,000sqft
Est.:
Multi Family, Triplex
Built in 1950
-- sqft lot
$346,000 Zestimate®
$123/sqft
$-- HOA
What's special
Detached two-car garageOff street parking
- 99 days
- on Zillow |
- 470 |
- 27 |
Zillow last checked: 9 hours ago
Listing updated: August 08, 2025 at 08:01pm
Listed by:
Irelyn Jannuzzi,
LUZERNE COUNTY ASSOCIATION OF REALTORS 570-283-2111
Source: GSBR,MLS#: SC252045

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Electric, Natural Gas
Cooling
- None
Appliances
- Included: Built-In Gas Oven, Refrigerator
- Laundry: In Unit
Features
- Flooring: Vinyl
- Basement: Unfinished
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
- Finished area above ground: 3,000
- Finished area below ground: 0
Property
Parking
- Total spaces: 5
- Parking features: Alley Access, Off Street, On Street, Garage, Driveway
- Garage spaces: 2
- Uncovered spaces: 3
Features
- Stories: 2
- Patio & porch: Front Porch
Lot
- Size: 6,534 Square Feet
- Dimensions: 40 x 162
- Features: Level
Details
- Parcel number: 15620030040
- Zoning: R1
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multiple Buildings
- Property subtype: Multi Family, Triplex
Materials
- Vinyl Siding
- Foundation: Stone
- Roof: Rubber,Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Community & HOA
Community
- Features: None
HOA
- Has HOA: No
Location
- Region: Scranton
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $14,000
- Annual tax amount: $5,138
- Date on market: 5/2/2025
- Inclusions: Refrigerator x3, Stove/Oven X3
- Exclusions: Tenant Personal Items
- Tenant pays: Electricity, Gas, Hot Water
- Income includes: Rent Only, Storage
- Electric utility on property: Yes
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