848 Capouse Ave Scranton, PA 18509
Pine Brook NeighborhoodEstimated payment $1,767/month
Highlights
- Contemporary Architecture
- No HOA
- Electric Baseboard Heater
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,257
Year Built
- Built in 1973
Lot Details
- 6,098 Sq Ft Lot
- Property is zoned RESIDENTIAL/COMMERCIAL
Home Design
- Contemporary Architecture
- Aluminum Siding
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,600 Sq Ft Home
- Property has 2 Levels
- Basement Fills Entire Space Under The House
- Microwave
Bedrooms and Bathrooms
- 8 Main Level Bedrooms
- 4 Full Bathrooms
Parking
- On-Street Parking
- Off-Street Parking
Schools
- Prescott Elementary School
- West Scranton Middle School
- Scranton High School
Utilities
- Electric Baseboard Heater
- Electric Water Heater
Community Details
- No Home Owners Association
- Scranton Subdivision
Listing and Financial Details
- Assessor Parcel Number 14516040006
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 | $4,257 | $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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | For Sale | $265,000 | 0.0% | $102 / Sq Ft |
| 07/23/2025 07/23/25 | Pending | -- | -- | -- |
| 06/25/2025 06/25/25 | Price Changed | $265,000 | -7.0% | $102 / Sq Ft |
| 04/27/2025 04/27/25 | 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 |
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 |
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: Bright MLS
MLS Number: PALW2000606
APN: 14516040006
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