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538-540 River Street, 
Scranton, PA 18505

$275,000

5

Beds

3

Baths

1,900

Sq Ft

Multi-Family

Active

Listed by

Kate Daye

Revolve Real Estate

570-800-6861

Last updated:

August 19, 2026, 05:06 PM

MLS#

SC264017

Source:

PA GSBR

About This Home

538-540 River Street

Excellent investment opportunity in Scranton! This well-maintained duplex generates approximately 34,000 in annual gross rental income, with all utilities separately metered to help keep ownership expenses low. With strong in-place rents and an attractive 10-percent+ cap rate, this property offers immediate cash flow from day one.Both units feature newer heating systems, hot water heaters, and updated electrical, helping reduce near-term capital expenses. Long-term tenants are already in place, making this a turnkey opportunity for both experienced investors and those looking to expand their portfolio.A solid income-producing asset with strong returns and low-maintenance appeal. Don't miss this opportunity!

Home Facts

Multi-Family

3 Baths

5 Bedrooms

Built in 1920

Price Summary

275,000

$144 per Sq. Ft.

MLS #:

SC264017

Last Updated:

August 19, 2026, 05:06 PM

Added:

7 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

1,900 Sq. Ft.

Structure

Structure

Building Area:

1,900 Sq. Ft.

Year Built:

1920

Lot

Lot Size (Sq. Ft):

Finances & Disclosures

Finances

Price:

$275,000

Price per Sq. Ft:

$144 per Sq. Ft.

Source:PA GSBR
The information being provided by Greater Scranton Board Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Scranton Board Of REALTORS® Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.