$3,384 Closing Credit¹
#PM-131656, Listing Office: CENTURY 21 Ramos Realty, Inc.
$285,000 List price
848 Capouse Ave Scranton, PA 18509
$3,384
Closing credit¹
2,600 sqft
0.1 acres
$110 / sqft
Multi-Family
Property details
About 848 Capouse Ave
QUADRUPLEX! CALLING ALL INVESTORS - Fully Rented 4-Unit with Under Market Rents and Major Upside! Turnkey Income + Future Growth! Welcome to a rare 4-unit investment opportunity in Scranton's highly desirable Pine Brook neighborhood! Fully rented and generating cash flow, this building offers immediate returns plus significant upside with current rents below market rates. Simply renew leases at updated market levels to substantially increase your cash flow and boost overall property value. Current gross rental income: $38,100/year Projected market rent: $46,800/year Potential cap rate boost from 11.5% to 14.6%! Low expenses and tenant-paid utilities Minutes from Downtown Scranton, shopping, parks, and highways Enjoy immediate cash flow and the opportunity for strong future growth. Do not miss this opportunity to add this investment property to your portfolio.
Highlights
Home typeQuadruplex
HeatingBaseboard, Electric
StatusSale Pending
(Pending)
(Pending)
Size2,600 sqft
BasementYes
Lot size0.14 Acres
Year built1973
MLS #PM-131659
Summary
- Appliances: Refrigerator, Microwave
- Basement: Yes
- Private Pool: No
- Architectural Style: See Remarks
- Heating: Baseboard, Electric
- Cooling: None
- List Price: $285,000
- Price/SqFt: $109
- Annual Tax Amount: $3,895
- Tax Year: 2024
- Year Built: 1973
- Living Area: 2,600 SqFt
- Lot Size: 0.14 Acres
- MLS Number: PM-131659
- MLS Name: PoconoMountains
- Office Name: CENTURY 21 Ramos Realty, Inc.
- Office Phone: (508) 255-9797
The data relating to real estate for sale on this web site includes listings held by MLS IDX Participants of the Internet Data Exchange Program of the Multiple Listing Service of the Pocono Mountain Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarily the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Association and its MLS IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed of implied.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/30/2025, 2:15:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$285,000
848 Capouse Ave
$3,384
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 28, 2020 | Home Sold | $105,000 |
| Oct 14, 2014 | Home Sold | $102,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $13,000 | $3,895 |
| 2023 | $13,000 | $3,895 |
| 2022 | $13,000 | $6,499 |
| 2021 | $13,000 | $6,430 |
| 2020 | $13,000 | $3,740 |
| 2019 | $13,000 | $3,519 |
| 2018 | $13,000 | $3,519 |
| 2017 | $13,000 | $3,458 |
History based on county public records data.
Nearby schools
4
John Adams Elementary School
Public District KG-4
0.1 mi
•927 Capouse Ave
4
William Prescott Elementary School
Public District KG-4
1.0 mi
•Prescott Avenue & Myrtle St
5
Charles Sumner Elementary School
Public District PK-4
1.1 mi
•North Sumner Ave & Swetland 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 $31,043. Most Scranton, PA residents have annual incomes less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
59%
<35k
31%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
59%
Single, No Kids
14%
Single, with Kids
15%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
7%
12-17 yrs old
18%
18-34 yrs old
40%
35-64 yrs old
24%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
UFC- Pro Boxing
Where do the neighbors shop?
Family Dollar
Chico's
Burlington
Where do the neighbors go to eat?
Church's Chicken
Burger King
Bob Evans
What do the neighbors drive?
Cadillac
Buick
Oldsmobile
What do the neighbors listen to?
Jazz
Urban Contemporary
News
All data provided by Home Junction and Claritas
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This home is located at 848 Capouse Ave in Scranton, PA and zip code 18509 in the Pine Brook neighborhood. This 2,600 square foot home, which was built in 1973, sits on a 0.14 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 28, 2025 and is currently priced at $285,000.
From Rocket Homes Real Estate and based on county public records data.