About This Home

This 5-bedroom, 2-bathroom residential multi family at 8 W Olive Street in Scranton, PA is listed for $119,900 ($42 per sqft). Built in 1910, the home offers 2,856 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1910
  • 0.08 acre lot
  • 2 stories

Property Details

2 stories
1 full, 1 half
1910
Listing Description

Opportunity awaits at 8 W Olive Street, a 2,856-square-foot commercial building situated along a main artery leading into Downtown Scranton. Formerly utilized as part of a community and office facility, this two-story property offers a versatile interior layout featuring multiple individual rooms, common areas, bathrooms, and a second-floor kitchen.

The existing configuration provides flexibility for an owner-user, investor, or developer looking to renovate and reposition the property.Located just across the river from the Lackawanna River Heritage Trail pavilion and Scranton High School, the property is also just blocks from Geisinger Commonwealth School of Medicine, major healthcare facilities, and the University of Scranton.

Its convenient location provides accessibility to Downtown Scranton, Interstate 81, and surrounding employment centers.The property requires renovation and presents potential for office, professional services, nonprofit, educational, community use, mixed-use, or residential conversion, subject to applicable zoning and municipal approvals.The owner is willing to sell the buildings separately.

Buyers may purchase 8 W Olive Street individually or together with the adjoining 12 W Olive Street, offering approximately 5,472 square feet across two separately deeded parcels according to county and MLS records. SC-262917 is the combination listing.

Monthly Cost Estimate

$641/mo

20% down · 6.5% · 30 years

Principal$87
Interest$520
Insurance$35

Estimates only. Actual payments may vary.

Location

8 W Olive Street

Scranton, PA 18508

Questions & Answers

This 5-bedroom, 2-bathroom residential multi family at 8 W Olive Street is listed at $119,900 ($42/sqft). The estimated monthly payment is $641 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1910, 0.08 acre lot, 2 stories.

This property is listed by Kyle Savage.

KS

Kyle Savage

Agent at Christian Saunders Real Estate

Listed by Christian Saunders Real Estate · Broker phone: (570) 947-3292 · View on Broker Site · Broker website

MLS# SC265432· Source: Greater Scranton Board of Realtors MLS· 2 days on PropertySimple

Copyright © 2026 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8 W Olive Street, Scranton, PA 18508

Open this listing in: