524 Gibbons St Scranton, PA 18505
South Side NeighborhoodEstimated payment $942/month
About This Home
The City of Scranton torn properties down on 11/18/25. If putting in offer it will be for land only, no improvements. Investor opportunity in Scranton: one parcel with two buildings and three total units, plus an adjoining 40x160 lot (Parcel ID: 16714040008) that may satisfy parking requirements. The front building spans two floors and includes a large attic and walk-out basement, offering flexible layout potential. The rear building is configured as a single-family home with four bedrooms and one bathroom, and features a newer heating system and water heater. Both buildings are currently condemned and listed for demolition by the City of Scranton. The current owner has initiated litigation to halt the demolition process. Properties are being sold strictly as is. Buyers are responsible for conducting their own due diligence regarding zoning, permits, and rehabilitation requirements with the City of Scranton. This is a rare chance to unlock value in a multi-unit setup with expansion potential.
Listing Agent
The Hub Real Estate Group Scranton License #RS378765 Listed on: 10/27/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 6,534 Sq Ft Lot
- Lot Dimensions are 40x160
- Property fronts an alley
- No Common Walls
- 526 Gibbons St 40x160 vacant lot (16714040008)
Home Design
- Traditional Architecture
- Fixer Upper
- Asphalt Roof
Interior Spaces
- 3,620 Sq Ft Home
- 2-Story Property
- Dining Room
- Walk-Out Basement
- No Kitchen Appliances
Bedrooms and Bathrooms
- 9 Bedrooms
- 1 Full Bathroom
Parking
- On-Street Parking
- Off-Street Parking
Utilities
- No Cooling
- 101 to 200 Amp Service
Community Details
- 2 Buildings
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 16714040005
- Tax Block 430
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,922 | $16,000 | $1,400 | $14,600 |
| 2024 | $4,483 | $16,000 | $1,400 | $14,600 |
| 2023 | $4,483 | $16,000 | $1,400 | $14,600 |
| 2022 | $4,384 | $16,000 | $1,400 | $14,600 |
| 2021 | $4,384 | $16,000 | $1,400 | $14,600 |
| 2020 | $4,298 | $16,000 | $1,400 | $14,600 |
| 2019 | $4,038 | $16,000 | $1,400 | $14,600 |
| 2018 | $4,038 | $16,000 | $1,400 | $14,600 |
| 2017 | $3,963 | $16,000 | $1,400 | $14,600 |
| 2016 | $1,064 | $16,000 | $1,400 | $14,600 |
| 2015 | $2,933 | $16,000 | $1,400 | $14,600 |
| 2014 | -- | $16,000 | $1,400 | $14,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/27/2025 10/27/25 | For Sale | $149,995 | -- | $41 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $18,199 | None Available | |
| Sheriffs Deed | $4,425 | None Available | |
| Deed | $121,900 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $109,710 | Adjustable Rate Mortgage/ARM |
Source: Greater Scranton Board of REALTORS®
MLS Number: GSBSC255584
APN: 16714040005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Information provided by the Greater Scranton Board of REALTORS® MLS. Information is for consumer’s personal noncommercial use, and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing. Consult the specific municipality for permitted Zoning uses.
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