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

1142 Academy St, Scranton, PA, 18504

9beds
5baths
3,719sqft
$470,000
$126price/sqft
$3,635/moest. monthly cost
$145,400/yrincome needed

About This Home

INVESTORS! Own 2 Buildings 4 Units and a Garage on the same lot in Central Scranton. Large 3 Unit Building on Academy Street and a Single Family 3 Bedroom Home on Rachel Place with a Detached Garage all on the same lot. Newly Renovated Units with Separate Gas Heat and Electric Meters. Left Side has Two Vacant 1 Bedroom Units Ready to Rent. Right Side has One 4 Bedroom Unit with 2 Baths Rented. All with 3 New Gas Furnaces with Forced Air Heat. New Water Heaters, Floors, Kitchens, Bathrooms, Siding. Even has Updated Electrical, Plumbing and Windows Throughout. Live in the 3 Bedroom Home with a Garage or Rent all 4 units and the Garage. Outstanding Income Potential.

Getting Around

74
WalkingVery Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

4/10
4/10
West Scranton High SchoolGrades 9-120.2 mi
3/10
Isaac Tripp El SchoolGrades K-41.4 mi

Construction

Condition

  • Property condition: Good

Materials

  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 5

Heating

  • Heating features: Natural Gas

Interior Area

  • Total structure area: 3,719
  • Total interior livable area: 3,719 sqft

Property

Details

  • Parcel number: 14517060052
  • Zoning: Multi-Family
  • Zoning description: Multi-Family

Lot

  • Lot size: 5,628 sqft
  • Lot size dimensions: 42 x 134

Parking

  • Total spaces: 2
  • Parking features: Garage,Open
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes
  • Uncovered spaces: 1

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

  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Winter Weather

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 $2,376$28,512
Home Insurance *$303$3,636
Property Taxes $548$6,576
Electricity $408$4,896
Total$3,635$43,620
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$124,628/yr
40% on housing$109,050/yr
45% on housing$96,933/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

$126This 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
2026-05-08Listed for sale$470,000
2026-05-01Listing removed$470,000
2026-03-10Listed for sale$470,000
2025-06-14Listing removed$1,050
2025-04-08Listed for rent$1,050
2024-07-16Listing removed--
2024-06-28Listed for rent$1,650

For Sale by Agent

AgentThomas Meyer
BrokerageBerkshire Hathaway Home Services Preferred Properties

Similar Homes