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702 E Elm Street, Scranton

Scranton, PA, 18505 · MLS #26-3366
$425,000
Sold August 2026
702 E Elm Street, Scranton in Scranton
1 / 8
Approximate location · open the map
2
Units
2,344
Building SF
2025
Year Built
$181
Per Sq Ft
Last List Price
$425,000
Sold For
$425,000
Against Asking
Sold at asking price

Wondering what that means for your own property? Get a real valuation in Scranton — a local agent runs the comparables by hand, not an automated estimate.

About This Property

702 East Elm St, South Side Scranton. Brand-new duplex, 100% occupied, individual deed. 2 units at $1,825/mo each ($43,800/yr gross); tenants pay all utilities. LERTA tax abatement approved: significant property tax savings vs. comparable non-abated new construction. Day-one rental income, no vacancy risk. FHA/VA eligible. Priced below replacement cost. Ideal for owner-occupants or investors.

This property has sold and is no longer on the market. It sold for $425,000 in August 2026. For recent comparable sales on this street and what they mean for your own property, contact us directly. Listed by Steel City Realty.

Property Details

The Property

Property Type
Residential Income
Sub-Type
Duplex
Condition
Excellent

Interior

Basement
None
Interior Features
Drywall

Systems

Heating
Forced Air
Water
Public
Sewer
Public Sewer

Exterior & Lot

Exterior
Vinyl Siding
Roof
Asbestos Shingle
Garage
2 Car Detached
Lot Dimensions
96X50

Location

County
Lackawanna County
School District
Scranton
Zoning
Apartment Residential

Costs & Listing

2026 Taxes
$2,429
Gross Income
$43,800
Net Operating Income
$40,601
Cap Rate
9.55%
MLS #
26-3366
Listed By
Steel City Realty

What Is Your Scranton Home Worth Today?

Sales like this one set the comparables your own property is measured against. We will pull the closed sales in Scranton and give you a real number — not an automated estimate.

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Our Team
16 TEAM MEMBERS.

Serving all of Northeastern Pennsylvania  ·  Meet the team →

J. NelsonJ. NelsonK. BenningerK. BenningerM. NelsonM. NelsonA. AlbaA. AlbaS. AcerraS. AcerraE. KogoyE. KogoyR. RugglesR. RugglesB. WilliamsB. WilliamsD. JoyceD. JoyceT. RanieliT. RanieliB. SpencerB. SpencerT. RennaT. RennaM. ReapM. ReapT. SlackT. SlackK. BulfordK. BulfordE. KowalczykE. KowalczykJ. NelsonJ. NelsonK. BenningerK. BenningerM. NelsonM. NelsonA. AlbaA. AlbaS. AcerraS. AcerraE. KogoyE. KogoyR. RugglesR. RugglesB. WilliamsB. WilliamsD. JoyceD. JoyceT. RanieliT. RanieliB. SpencerB. SpencerT. RennaT. RennaM. ReapM. ReapT. SlackT. SlackK. BulfordK. BulfordE. KowalczykE. Kowalczyk

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