The median home value in Scranton, PA is $155,000.
This is
higher than
the county median home value of $145,000.
The national median home value is $308,980.
The average price of homes sold in Scranton, PA is $155,000.
Approximately 46% of Scranton homes are owned,
compared to 43% rented, while
11% are vacant.
Scranton real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Scranton real estate agent to arrange a tour today!
Learn more about Scranton.
Delighted to present an exclusive opportunity to acquire The Royal Residences, a multifamily building offering 19 units and 53 beds, strategically located adjacent to the University of Scranton in the heart of the renowned ''Eds and Meds'' neighborhood known as The Hill.The Royal Residences present an enticing investment opportunity in a thriving educational and medical hub. With recent capital improvements, a strategic location, and a diverse tenant base, this property is well-positioned for sustained growth and financial success.Nestled between the University of Scranton, The Commonwealth School of Medicine, Marywood University, Lackawanna College, and Penn State - Worthington campus, The Royal Residences occupy a coveted spot within close proximity to major educational institutions.The property is conveniently situated near Scranton Regional Hospital, Moses Taylor Hospital, and Geisinger Hospital, making it an ideal residence for medical professionals and students in the healthcare field.The current ownership has executed a comprehensive $650,000+- capital expenditure plan at Taylor Ave. This plan includes renovations to 18 units, a new roof installation, upgraded laundry facilities, and various other improvements, enhancing the overall quality and appeal of the property.The 3BR units boast spacious layouts of 1,003+ square feet, offering a comfortable and modern living experience. Additional value-add opportunities are present in the 2BR units, with a targeted lease-up strategy for 2024-2025.The City of Scranton hosts approximately 15,000 students from local colleges and universities. This, combined with the influx of professionals and medical staff from nearby hospitals, creates a diverse and dynamic tenant pool. Families seeking quality housing also contribute to the broad appeal of The Royal Residences.
Corner Lot at a traffic light. Just outside the Dunmore line at the top oh the Hill Section. Consists of 3 lots being sold together. Public utilities are all available. Ample room for Parking. The lots are cleared. Some pavement remains from the prior business that was raised. Great for a restaurant, multi-use building, apartments.... Commercial/multi-use properties on the other 3 corners. Offers can be contingent on a variance for zoning. No Daycare or similar business permitted as per deed.
Prime corner location for this fairly level lot, located just minutes from the Downtown area, hospitals, medical school, University of Scranton & Nay Aug Park.C-N Neighborhood Commercial zoning. It is strongly recommended to check with the zoning officer to confirm specific permitted uses., Tax Information: Available, Ceiling Height: 31+ Y, No Overhead Door: Y
