621-623 Madison AvenueScranton, PA 18510

Commercial · 4,075 Sq. ft. | 0.15 Acres
$659,000 Active

621-623 Madison Avenue Overview

Time on Site:
74 days
Visits:
0

Beautiful 7-unit building in the heart of the Hill Section. Close to all major hospitals, universities and medical school. Great investment opportunity with tenants paying separate water and electric.

Listing provided courtesy of ERA One Source RealtyGreater Scranton MLS- MLS# GSBSC261606MLS ProviderContact Information: [email protected] - (570) 587-9999
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621-623 Madison Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 4,075
  • Price/Sq.ft. $162
  • Lot 0.15 Acres

Details

General

School Information

  • School District: Scranton

Building Information

  • Year Built: 1940

Location/Region

  • County Or Parish: Lackawanna

Tax Information

  • Tax Annual Amount: 3741.68
  • Tax Assessed Value: 12400
  • Tax Year: 2025

General Information

  • Parcel Number: 14677020024
  • Property Sub Type: Multi Family
  • Property Type: Commercial Sale
  • Zoning: R2

Interior

Building Interior

  • Building Area Total: 4075

General Information

  • Living Area: 4075
  • Stories: 3

Exterior

Lot Information

  • Lot Size Acres: 0.15
  • Lot Size Dimensions: 40x160

Waterfront/View

  • Waterfront: false

General Information

  • Number Of Units Total: 7

621-623 Madison Avenue Neighborhood

Community

18510 (Scranton) Demographics

30
Median Age
6,227
Population Density (per sq. mile)
41%
College Educated
$39,497
Estimated Median Income
2,009
Estimated Total Home Owners
3,039
Estimated Total Renters
40% / 60%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

621-623 Madison Avenue Market Data

Based on the last 30 days in this zip code

$326,154
Average List Price
$134
Average Price per Square Foot
11
Properties Sold
70
Average Days on Market
22
Properties for Sale
Calculations provided by Reliance Network

621-623 Madison Avenue History

Date Event Value Agent
4/17/2026Source: Greater Scranton MLS Added to Database
April 17, 2026