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$1,529,977 Sale Pending

  • For Sale
  • Pending
  • Apartment
  • 18 Beds
  • 17 Full Baths
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Fully Occupied & Cash Flowing 17-unit multifamily in Scranton, PA, just minutes from Geisinger Medical School and Commonwealth Hospital. Ideal for students and professionals, with nearby major employers including the University of Scranton, Sanofi, PennDOT, Amazon, and MetLife. Turn-key investment in a strong rental market and upside opportunity. Don't miss out!

Full Property Details for 640 Jefferson Ave

General

  • Price: $1,529,977
  • Taxes: $13,325
  • Status: Pending
  • Type: Apartment
  • Source: Lehigh_Valley
  • MLS ID: 768351
  • Updated: 12/16/2025
  • Added to Site: 61 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 17
  • Full Bathrooms: 17

Bedrooms

  • Total Bedrooms: 18

Location

  • Area: 598 - Scranton City
  • County: Lackawanna
  • Subdivision: Not in Development
  • Driving Directions: Head northwest on Mulberry St toward Quincy Ave. Turn right onto Jefferson Ave. Destination will be on the right.

School Information

  • Elem School District: Scranton
  • Midd School District: Scranton
  • High School District: Scranton

Community

  • Home Owners Assn.: Lehigh Valley MLS

Heating & Cooling

  • Cooling Type: None, Wall Unit(s)
  • Heating Type: Gas, Hot Water, Radiator(s)

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Vinyl Siding
  • Year Built: 1980

Lot Features

  • Lot Size (Acres): 0.279
  • Lot Size (Sq. Ft.): 12,162
  • Zoning: multi-family

Financial Considerations

  • Operating Expenses: $31,135
  • Tax Amount: $13,325.9

Disclosures and Reports

  • Property ID: 14677020006

Listed by Steel City Realty

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Listing agent

— 640 Jefferson Ave —

  • Steel City Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 640 Jefferson Ave

School District:Scranton School District
NameGradesDistance
John Adams #4
927 Capouse Avenue, Scranton, PA 18509
K-40.6 mi
Northeast Intermediate School
721 Adams Avenue, Scranton, PA 18510
5-80.2 mi
Scranton High School
63 Munchak Way, Scranton, PA 18510
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 640 Jefferson Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/18/2025
Listed
$1,529,977
46.69%
MLS
11/07/2023
Sold
$1,042,990
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 640 Jefferson Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,326
8%
$36,000
—
2024
$12,294
—
$36,000
—
2023
$12,294
-37%
$36,000
—
2022
$19,476
1%
$36,000
—
2021
$19,283
63%
$36,000
—
2020
$11,835
6%
$36,000
—
2019
$11,169
—
$36,000
—
2018
$11,169
2%
$36,000
—
2017
$11,000
3%
$36,000
—
2016
$10,637
—
$36,000
—
2015
$10,637
39%
$36,000
—
2014
$7,629
—
$36,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Steel City Realty

640 Jefferson Avenue, Scranton City, PA 18510 (MLS# 768351) is a Apartment property with 18 bedrooms and 17 full bathrooms. 640 Jefferson Avenue is currently listed for $1,529,977 and was received on November 18, 2025. Want to learn more about 640 Jefferson Avenue? Do you have questions about finding other Apartment real estate for sale in Scranton City? You can browse all Scranton City real estate or contact a Coldwell Banker agent to request more information.

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