PENDING
$20K PRICE DROP
848 Capouse Ave Scranton, PA 18509
Pine Brook NeighborhoodEstimated payment $1,819/month
Total Views
38,651
--
Bed
--
Bath
2,600
Sq Ft
$102
Price per Sq Ft
Highlights
- No HOA
- Living Room
- Baseboard Heating
About This Home
PRICE IMPROVEMENT! CALLING ALL INVESTORS - Fully Rented 4-Unit with Under Market Rents and Major Upside! Turnkey Income + Future Growth! Welcome to a rare 4-unit investment opportunity in Scranton's highly desirable Pine Brook neighborhood! Fully rented and generating cash flow, this building offers immediate returns plus significant upside with current rents below market rates. Simply renew leases at updated market levels to substantially increase your cash flow and boost overall property value. Current gross rental income: $38,100/year Projected market rent: $46,800/year Potential cap rate boost from 11.5% to 14.6%! Low expenses and tenant-paid utilities Minutes from Downtown Scranton, shopping, parks, and highways Enjoy immediate cash flow and the opportunity for strong future growth. Do not miss this opportunity to add this investment property to your portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,257
Year Built
- Built in 1973
Lot Details
- 6,098 Sq Ft Lot
Parking
- 1 Open Parking Space
Home Design
- Aluminum Siding
- Vinyl Siding
Interior Spaces
- 2,600 Sq Ft Home
- 2-Story Property
- Living Room
- Basement Fills Entire Space Under The House
- Microwave
Utilities
- No Cooling
- Baseboard Heating
- Electric Water Heater
Community Details
- No Home Owners Association
- 4 Units
- Phelps & Winton Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 14516040006
- Tax Block 190
- $611 per year additional tax assessments
Map
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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 | $4,257 | $13,000 | $2,450 | $10,550 |
| 2024 | $3,896 | $13,000 | $2,450 | $10,550 |
| 2023 | $3,896 | $13,000 | $2,450 | $10,550 |
| 2022 | $3,810 | $13,000 | $2,450 | $10,550 |
| 2021 | $3,810 | $13,000 | $2,450 | $10,550 |
| 2020 | $3,740 | $13,000 | $2,450 | $10,550 |
| 2019 | $3,520 | $13,000 | $2,450 | $10,550 |
| 2018 | $3,520 | $13,000 | $2,450 | $10,550 |
| 2017 | $3,459 | $13,000 | $2,450 | $10,550 |
| 2016 | $1,103 | $13,000 | $2,450 | $10,550 |
| 2015 | $2,609 | $13,000 | $2,450 | $10,550 |
| 2014 | -- | $13,000 | $2,450 | $10,550 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Pending | -- | -- | -- |
| 06/25/2025 06/25/25 | Price Changed | $265,000 | -7.0% | $102 / Sq Ft |
| 04/28/2025 04/28/25 | For Sale | $285,000 | +171.4% | $110 / Sq Ft |
| 12/09/2020 12/09/20 | Sold | $105,000 | -4.5% | $40 / Sq Ft |
| 10/31/2020 10/31/20 | Pending | -- | -- | -- |
| 06/02/2020 06/02/20 | For Sale | $110,000 | -- | $42 / Sq Ft |
Source: Pocono Mountains Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $105,000 | None Available | |
| Deed | $102,000 | None Available | |
| Deed | $96,000 | None Available | |
| Deed | $50,050 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | $101,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $30,000 | Construction | |
| Open | $133,500 | Construction | |
| Previous Owner | $76,500 | Commercial | |
| Previous Owner | $76,800 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $90,900 | Commercial |
Source: Public Records
Similar Homes in Scranton, PA
Source: Pocono Mountains Association of REALTORS®
MLS Number: PM-131659
APN: 14516040006
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.
The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors®. Listings marked with the Internet Data Exchange logo are not necessarilty the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Associations and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.
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