Scranton, PA 18510 1005-1007 Monroe Avenue

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Presented By: Iron Valley Real Estate Greater Scranton
  • MLS# SC262396
  • 05/23/2026
  • Request Tour
  • Request Info

Caroline Salvino

Associate Broker
Price $325,000
MLS#SC262396
List Date 05/23/2026
Property Type Multi-Family
Phone 570.977.1777
Request Tour
Request Info
Visit My Website
  • Beds • 10
  • Baths • 3
  • SQFT • 3,800

Home Details

Welcome to this amazing triplex located in the heart of the highly desirable Hill Section of Scranton, just minutes from the University of Scranton, local hospitals, downtown dining, and major conveniences. This fully rented income-producing property offers an incredible opportunity for investors or owner occupants looking to maximize cash flow in one of Scranton’s strongest rental locations.The left side features a spacious 4 bedroom apartment with a large eat-in kitchen, beautiful hardwood flooring, updated interior paint, and oversized living spaces filled with natural light. The right side consists of two additional units, including a 2 bedroom apartment and a spacious 4 bedroom apartment, both updated with newer kitchens, renovated bathrooms, modern flooring, and fresh paint.This property has many major updates already completed, including a brand new roof, updated plumbing and electrical systems, and a new water heater, giving peace of mind to the next owner. A shared laundry room provides additional income potential, making this an even stronger investment opportunity. Large units, updated interiors, and an unbeatable location make this triplex perfect for expanding your portfolio or starting your investment journey.Fully tenant occupied and generating income from day one.
Presented By: Iron Valley Real Estate Greater Scranton

Interior Features for 1005-1007 Monroe Avenue

Bedrooms

Total Bedrooms10

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

Above Grade Finished Area3200
BasementConcrete, Finished
Basement (Y/N)Yes
Below Grade Finished Area600
Fireplace FeaturesNone
FlooringOther
Furnished UnitsNone
Interior AmenitiesCeiling Fan(s), Eat-in Kitchen, Other, Open Floorplan, Natural Woodwork, Attic Finished
Laundry FeaturesLaundry Room, Lower Level

General for 1005-1007 Monroe Avenue

AppliancesElectric Range, Washer/Dryer, Water Heater, Gas Range
Architectural StyleDuplex Side by Side, Traditional
CityScranton
Community FeaturesOther
Construction MaterialsStucco
ContingencyActive W/Contingency
CoolingCeiling Fan(s), Wall/Window Unit(s), Window Unit(s)
CountyLackawanna
Current FinancingOther
Current UseInvestment, Residential, Multi-Family
DirectionsComing from Downtown Scranton, continue onto Wyoming Ave. Turn right onto Ash Street, then make a left onto Monroe Ave. The property will be the second property on your left.
Electric200+ Amp Service
Full Baths3
Garage Spaces
Garage Y/NNo
HOANo
HeatingBaseboard, Other, Natural Gas
High School DistrictScranton
Land Lease Y/NNo
LevelsTri-Level
Living Area3800
New ConstructionNo
Number Of Units Total3
Property Attached Y/NNo
Property SubtypeTriplex
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount4223.32
Tax Assessed Value13000
Tax Year2026
Year Built1930
Year Built SourceOther
ZoningR1
Zoning DescriptionMulti-Family

Exterior for 1005-1007 Monroe Avenue

Exterior AmenitiesGarden, Private Yard, Other
FencingBack Yard
Foundation DetailsNone
Frontage TypeOther
Lot Dimensions40X80
Lot Size Acres0.07
LotDimensionsSourceOther
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters1
SpaNo

Additional Details

Price History

Caroline Salvino

Associate Broker
Price $325,000
MLS#SC262396
List Date 05/23/2026
Property Type Multi-Family
Phone 570.977.1777
Request Tour
Request Info
Visit My Website

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