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Back 748 River St
Off Market

748 River St

Scranton PA 18505

10
6
5000 sq. ft.
0.2 ac.
Multi-Family
Last sold for $625,000
Kate Daye RuaneKate Daye Ruane, last sold this property on 12 October 2026 after -1 days on market.

Overview

Turnkey six-unit investment opportunity at 746-748 River Street in Scranton! This multifamily property features four two-bedroom apartments and two one-bedroom apartments, with five of six units currently occupied and the remaining unit listed for rent at $1,100 per month. Extensive improvements completed in recent years include a new roof, new deck, foundation restoration, reinforcement of select joists, and re-insulation of all units. Five of the six apartments have been fully renovated, offering reduced maintenance needs and strong rental appeal.The full rent roll, including the currently listed vacant unit, represents $6,940 in monthly rental income, with additional tenant reimbursements of $50 per month per unit toward water. Leasing the remaining apartment offers an immediate opportunity to increase collected income. Conveniently located near downtown Scranton, employment centers, and local amenities, this property offers an appealing combination of substantial recent improvements, established tenancy, and income potential. Contact us for the complete rent roll and expense information.

Features

10 bedrooms
6 bathrooms
5000 sq. ft. floor area
0.2 ac. lot size
Multi-Family

Estimated Value

We need at least 3 similar 10 bedroom multi families sold in Scranton over the last 12 months.

Property history for 748 River St

2026
Sold
$625,000
12 Oct 2026 by Kate Daye Ruane, of Revolve Real Estate LLC
2023
Rented
Undisclosed
16 Aug 2023 by ERA One Source Realty
2022
Rented
Undisclosed
29 Oct 2022 by ERA One Source Realty

Happy sellers in Scranton

72%
72% of sellers in Scranton reported that their sale price either exceeded or met their price expectations.

Scranton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Scranton over the last 12 months.

Local market activity for 10 bedroom multi families in Scranton

In the last 12 months, 2 numeral.10-bedroom multi families similar to 748 River St, have been sold.

This represents a 50% decrease in numeral.10-bedroom multi families sales when compared to the previous 12 months.

Nearby agents

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Mark Nicholson

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Ava Angeloni

Ava Angeloni is an award winning recommended agent for Scranton.  They have 1 local sale and collected 1 local review across the last 12 months.

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Krystal McLean

Krystal McLean is a recommended agent for Scranton.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in Scranton
  •  1 Sale in Scranton
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Brooke Perrego

Sellers who recommend Brooke Perrego have praised them for being local expert

  •   5   (64 reviews)
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