645-647 Madison Avenue, Scranton, PA 18510

$595,000
Property Type: Residential Income Bedrooms: 8 Baths: 8 Lot Size (sq. ft.): 3,267 Status: Active
Current Price: $595,000 List Date: 10/27/2026 Last Modified: 10/28/2026

Overview

Description

Not your average investment property. This one looks like it belongs in a magazine! Discover a beautiful 4-unit multifamily home where style, comfort, and income potential come together. Each spacious unit offers 2 bedrooms with large closets, 1.5 bathrooms, private in-unit laundry, and its own balcony to enjoy fresh air and beautiful views. Inside, you'll find bright, inviting living spaces, attractive flooring, modern kitchens, and open layouts that feel like home. With 8 bedrooms, 4 full baths, 4 half baths, and forced air heating and cooling, this property offers the features tenants love and the convenience investors appreciate. Ideally located near local hospitals, the University of Scranton, shopping, dining, and everyday amenities. Whether you're looking to grow your portfolio or live in one unit while the others help pay your mortgage, this is the kind of property that makes you stop scrolling. Four beautiful apartments. One incredible opportunity.

Listing Details MLS# SC-265417

General Property Information

Number Of Units Total
4
Bedrooms Total
8
Bathrooms Total
8
Bathrooms Full
4
Bathrooms Half
4
Above Grade Finished Area
4096
Living Area
4096
Enhanced Accessible
No
Year Built
1950
Year Built Source
Estimated
New Construction YN
No
Parking Total
6
Lot Size Acres
0.075
Lot Size Dimensions
50X65
Waterfront YN
No
Basement YN
Yes
Stories
2
Auction YN
No
List Price/SqFt
145.26

Property Features

Architectural Style: Traditional Basement: Unfinished; Walk-Out Access Construction Materials: Stucco Current Use: Investment Door Features: Sliding Doors Electric: 200+ Amp Service Exterior Features: Balcony; Rain Gutters Fencing: None Flooring: Luxury Vinyl Foundation Details: Combination; Stone Heating: Electric; Forced Air Interior Features: Eat-in Kitchen; Granite Counters; High Ceilings; Kitchen Island; Open Floorplan; Storage Laundry Features: In Unit Levels: Two Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Corner Lot Operating Expense Includes: Water/Sewer Owner Pays: Sewer; Water Parking Features: On Street Patio And Porch Features: Front Porch; Rear Porch Possession: Close Of Escrow Property Condition: Updated/Remodeled Road Frontage Type: City Street Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Rubber Security Features: Carbon Monoxide Detector(s); Smoke Detector(s) Sewer: Public Sewer Showing Requirements: 24 Hour Notice; Appointment Only; Showing Service Structure Type: Quadruplex Tenant Pays: Electricity Utilities: Electricity Connected; Sewer Connected; Water Connected View: Neighborhood Water Source: Public Window Features: Insulated Windows

Contract Information

Listing Contract Date
2026-10-26
Property Sub Type
Multi Family
Listing Agreement
Exclusive Right To Sell
Owner Name
Madison Medical Apartments LLC Gazda Penetar Pc

Location Tax and Legal

Street Number
645-647
Street Name
Madison
Street Suffix
Avenue
State
PA
Postal Code
18510
County
Lackawanna

Remarks and Miscellaneous

Public Remarks
Not your average investment property. This one looks like it belongs in a magazine! Discover a beautiful 4-unit multifamily home where style, comfort, and income potential come together. Each spacious unit offers 2 bedrooms with large closets, 1.5 bathrooms, private in-unit laundry, and its own balcony to enjoy fresh air and beautiful views. Inside, you'll find bright, inviting living spaces, attractive flooring, modern kitchens, and open layouts that feel like home. With 8 bedrooms, 4 full baths, 4 half baths, and forced air heating and cooling, this property offers the features tenants love and the convenience investors appreciate. Ideally located near local hospitals, the University of Scranton, shopping, dining, and everyday amenities. Whether you're looking to grow your portfolio or live in one unit while the others help pay your mortgage, this is the kind of property that makes you stop scrolling. Four beautiful apartments. One incredible opportunity.

Status Change Information

Major Change Timestamp
2026-10-27T00:07:18Z
Major Change Type
New Listing
Status Change Timestamp
2026-10-26

More Information

Unit 1

Unit #
645
Actual Rent
1500
Security Deposit $
1500
SqFt Total
1025
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes
Lease Expiration Date
2027-08-31

Unit 2

Unit #
647
Actual Rent
1650
Security Deposit $
1650
SqFt Total
1025
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes
Lease Expiration Date
2027-06-30

Unit 3

Unit #
645R
Actual Rent
1650
Security Deposit $
1650
SqFt Total
1025
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes
Lease Expiration Date
2026-11-30

Unit 4

Unit #
647R
Actual Rent
1600
SqFt Total
1025
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes
Lease Expiration Date
2027-06-30

Meter Information

Number Of Separate Electric Meters
3
Number Of Separate Water Meters
Yes

Road Frontage Type

Road Frontage Length
50
Listing Office: Iron Valley Real Estate Greater Scranton
Last Updated: October - 28 - 2026
Information deemed reliable but not guaranteed.