$4,275 Closing Credit¹
#SC4839, Listing Office: ERA One Source Realty
$377,500 List price
640 Alder St Scranton, PA 18505
$4,483
Closing credit¹
9 beds
3 full, 1 partial
3,000 sqft
0.1 acres
$126 / sqft
Multi-Family
Property details
About 640 Alder St
This renovated 3-unit property in Scranton offers a fantastic investment opportunity netting over $35K 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!
Highlights
Home typeTriplex
HeatingElectric
StatusActive
Size3,000 sqft
BasementYes
Lot size0.15 Acres
Year built1950
ParkingAlley Access, Off Street, On Street, Garage, Driveway
MLS #SC252045
Garage2 spaces
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 3
- Appliances: Gas Oven, Refrigerator
- Basement: Yes
- Flooring Type: Vinyl
- Total Bedroom Count: 9
- Garage Space: 2 spaces
- Parking: Alley Access, Off Street, On Street, Garage, Driveway
- Architectural Style: Multiple Buildings
- Heating: Electric
- Cooling: None
- List Price: $377,500
- Price/SqFt: $125
- Annual Tax Amount: $4,159
- Tax Year: 2024
- Lot: Level
- Directions: Take I-81 N to River St in Scranton. Take exit 184 from I-81 N. Continue on River St. Drive to Alder St.
- Year Built: 1950
- Stories: 2
- Living Area: 3,000 SqFt
- Lot Size: 0.15 Acres
- MLS Number: SC252045
- MLS Name: ScrantonPA
- Office Name: LUZERNE COUNTY ASSOCIATION OF REALTORS
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: 5/4/2025, 2:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$377,500
640 Alder St
$4,483
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 10, 2022 | Home Sold | $142,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $14,000 | $4,159 |
| 2023 | $14,000 | $4,159 |
| 2022 | $14,000 | $6,964 |
| 2021 | $14,000 | $6,889 |
| 2020 | $14,000 | $3,992 |
| 2019 | $14,000 | $3,756 |
| 2018 | $14,000 | $3,756 |
| 2017 | $14,000 | $3,690 |
History based on county public records data.
Nearby schools
4
John G. Whittier Elementary School
Public District KG-4
0.3 mi
•700 Orchard St
3
McNichols Educational Plaza
Public District KG-4
0.4 mi
•1111 S Irving Ave
5
John F. Kennedy Elementary School
Public District KG-4
1.3 mi
•Prospect Ave & Saginaw 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 $47,500. Typical income of Scranton, PA residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
35%
<35k
62%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
47%
Single, No Kids
17%
Single, with Kids
18%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
8%
12-17 yrs old
28%
18-34 yrs old
36%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Soccer
Pro Boxing
Horse Races
Where do the neighbors shop?
Forever 21
Burlington
Stein Mart
Where do the neighbors go to eat?
Dominos Pizza
Popeyes
LongHorn Steakhouse
What do the neighbors drive?
Mazda
Dodge
Buick
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Contemporary Inspirational
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 640 Alder St in Scranton, PA and zip code 18505 in the South Scranton / South Side neighborhood. This 3,000 square foot home, which was built in 1950, sits on a 0.15 acre lot. Features: 9 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $377,500.
From Rocket Homes Real Estate and based on county public records data.