$3,622 Closing Credit¹
#SC251522, Listing Office: Iron Valley Real Estate Greater Scranton
$239,995 List price
538 540 River St Scranton, PA 18505
$2,850
Closing credit¹
5 beds
2 full, 1 partial
1,900 sqft
0.09 acres
$126 / sqft
Multi-Family
Property details
About 538 540 River St
This is the investment you've been waiting for! This well-maintained duplex grosses over $32,000 annually, with all utilities separately metered--keeping operating costs low and returns high. After accounting for taxes, insurance, and maintenance, this property delivers in excess of a 10 percent cap rate.Both units feature newer heating systems, hot water heaters, and updated electrical, minimizing future capital expenses. Long-term tenants are already in place, providing immediate and stable cash flow from day one.Whether you're a seasoned investor or just getting started, this property is a solid addition to any portfolio. Don't miss your chance to own a low-maintenance, high-yield asset!
Highlights
Home typeDuplex
StatusSale Pending
(Pending)
(Pending)
Size1,900 sqft
Lot size0.09 Acres
Year built1920
MLS #SC251643
Summary
- MLS Number: SC251643
- MLS Name: ScrantonPA
- Office Name: The Hub Real Estate Group Scranton
- Office Phone: (570) 507-0627
Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumers personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses. 
Listings courtesy of Greater Scranton MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/23/2025, 10:16:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$239,995
538 540 River St
$2,850
closing credit¹
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0.5% sale price²
Price information
Property sales
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Tax history
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Nearby schools
4
John G. Whittier Elementary School
Public District KG-4
0.6 mi
•700 Orchard St
3
McNichols Educational Plaza
Public District KG-4
0.8 mi
•1111 S Irving Ave
4
William Prescott Elementary School
Public District KG-4
1.1 mi
•Prescott Avenue & Myrtle St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $56,042. The most common annual income of people living in Scranton, PA is between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
33%
<35k
49%
35k-100k
18%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
5%
Single, with Kids
40%
Married, No Kids
14%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
9%
<11 yrs old
6%
12-17 yrs old
16%
18-34 yrs old
46%
35-64 yrs old
23%
65+ yrs old
What do the neighbors do for fun?
Horse Races
Soccer
PGA/LPGA
Where do the neighbors shop?
Stein Mart
Burlington
Nordstrom Rack
Where do the neighbors go to eat?
LongHorn Steakhouse
Wingstop
Bonefish Grill
What do the neighbors drive?
Buick
Nissan
Lincoln
What do the neighbors listen to?
Contemporary Inspirational
Christian Adult Contemporary
Classical
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 538 540 River St in Scranton, PA and zip code 18505 in the East Mountain neighborhood. This 1,900 square foot home, which was built in 1920, sits on a 0.09 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 14, 2025 and is currently priced at $239,995.
From Rocket Homes Real Estate and based on county public records data.