See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

240 N Main Ave, Scranton, PA, 18504

4beds
3baths
2,298sqft
$249,900
$109price/sqft
$1,967/moest. monthly cost
$78,680/yrincome needed

About This Home

Prime Main Avenue commercial opportunity in Scranton! This 3-unit mixed-use property is ideal for an investor seeking a street-level storefront with two residential apartments above and behind. All utilities are separately metered along with central AC in the storefront. The second floor 3-bedroom apartment is currently rented for $800/month. The main level features a commercial storefront with a bathroom, which connects to a rear 1-bedroom apartment that is currently vacant - offering easy access for showings. The basement and lower level units are easy to show. Showings for the 3-bedroom apartment will need to be scheduled in advance. Enjoy excellent road frontage and visibility on one of Scranton's busiest slow-traffic corridors, providing strong exposure for any retail or service-based business.

Getting Around

79
WalkingVery Walkable
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

5/10
Charles Sumner #18Grades PK-40.3 mi
4/10
4/10
West Scranton High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1945

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Triplex

Interior

Basement

  • Has basement: Yes
  • Basement: Dirt Floor,Storage Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Finished area below ground: 0
  • Finished area above ground: 2,298

Interior Area

  • Total structure area: 2,298
  • Total interior livable area: 2,298 sqft

Property

Details

  • Parcel number: 14518030056
  • Zoning: CT

Features

  • Stories: 2

Lot

  • Lot size: 2,178 sqft
  • Lot size dimensions: 23 x 89 x 2 x 31

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Lightning

FEMA Declared Disasters Across Pennsylvania Counties

Flood
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,263$15,156
Home Insurance *$161$1,932
Property Taxes $291$3,492
Electricity $252$3,025
Total$1,967$23,604
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$67,440/yr
40% on housing$59,010/yr
45% on housing$52,453/yr

Pennsylvania FAIR Plan Programs

Insurance Placement Facility of Pennsylvania/FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,982Commercial: 984
Total Premiums$5.34M
Total Exposure$1.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.7%
11.7%
0%30.0%
Electricity Growth Rate10-year average: 8.4%
8.4%
0%15.0%
Property Taxes Growth Rate2-year average: 0.4%
0.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$109This listing

vs Other Active Listings

Avg $/sqft

ZIP 18504$95
Lackawanna County$127

vs Homes Sold Last Month

Median $/sqft

ZIP 18504$116
Lackawanna County$124

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-15Price change$259,900
2026-03-09Price change$264,900
2026-02-02Listed for sale$274,900
2021-11-10Sold$130,000
2021-09-01Price change$149,900
2021-07-24Listed for sale$159,900
2019-10-03Listing removed$525
2019-09-11Price change$525
2019-09-03Price change$550
2019-07-22Listed for rent$365
2011-02-07Sold$17,500
2010-07-02Sold$15,000
2006-08-31Sold$37,000
2006-06-06Sold$12,045

For Sale by Agent

AgentKyle Savage
BrokerageChristian Saunders Real Estate

Similar Homes