$519,000

1413 1415 Lafayette St Scranton, PA 18504

Hyde Park Neighborhood

Estimated payment $3,226/month

Total Views 814
13 Beds
4 Baths
5,400 Sq Ft
$96 Price per Sq Ft

Highlights

  • Wood Flooring
  • Front Porch
  • Dining Room
  • No HOA
  • Living Room
  • Ceiling Fan

About This Home

Introducing a rare opportunity to own a monster 4-plex in Scranton, PA! This very large property is in fantastic shape and offers four spacious units, all fully occupied by excellent tenants. Recent updates include new flooring throughout, along with modernized kitchens and bathrooms in several units. The property generates a strong annual gross rent of $57,600, making it a true turnkey investment.The layout consists of two 2-bedroom units, one 4-bedroom unit, and one impressive 5-bedroom unit. Each unit features two egresses, a private back porch overlooking the generous backyard, and access to both off-street and on-street parking. Tenants are responsible for electric, while the owner covers gas, water, sewer, taxes, and insurance--streamlining management and ensuring consistent income.Whether you're looking to expand your portfolio or step into multi-family investing, this property delivers size, condition, and cash flow. Don't miss your chance to secure a turnkey rental property in the heart of Scranton!

Listing Agent

Jeremy Watson

SIX PM LLC License #RM425357 Listed on: 08/20/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,774

Year Built

  • Built in 1935 | Remodeled

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 60' x 161' x 60' x 161'
  • Land Lease expires 9/30/26

Home Design

  • Quadruplex

Interior Spaces

  • 5,400 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Oven

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Front Porch

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Security Deposit $1,500
  • The owner pays for gas, taxes, water, sewer, insurance
  • Assessor Parcel Number 14514020033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,774

Year Built

Built in 1935 | Remodeled

Lot Details

0

Listing Details

  • Directions: From downtown Scranton, head west on Lackawanna Avenue and continue onto Main Avenue heading southwest. Follow Main Avenue until you reach Lafayette Street, then turn right. Property down the road on left.
  • Lot Size Acres: 0.22
  • Prop. Type: Residential Income
  • Building Stories: 3
  • Subdivision Name: None
  • Year Built: 1935
  • Reso Property Sub Type: Multi Family
  • ResoLaundryFeatures: In Basement
  • Water Body Name: None
  • Above Grade Finished Sq Ft: 5400
  • Reso Flooring: Carpet, Hardwood, Luxury Vinyl
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • Reso Structure Type: Multi Family, Quadruplex
  • Master Plan Zoning: Residential
  • SchoolTaxAmount: 2069.89
  • CountyTaxAmount: 1259.72
  • UnitTwoDiningRoomYN: Yes
  • UnitOneDiningRoomYN: No
  • UnitTwoLivingRoomYN: Yes
  • UnitThreeDiningRoomYN: Yes
  • UnitFourDiningRoomYN: Yes
  • UnitOneLivingRoomYN: Yes
  • UnitThreeLivingRoomYN: Yes
  • UnitFourLivingRoomYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Appliances: Dryer, Washer, Refrigerator, Oven, Other
  • Full Bathrooms: 4
  • Total Bedrooms: 13
  • Number Of Buildings: 1
  • Basement: Full, Unfinished
  • Below Grade Sq Ft: 2184

Exterior Features

  • Waterfront: No
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Parking Features: Driveway, On Street, Off Street

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Natural Gas, Steam
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Scranton School District

Lot Info

  • Lot Dimensions: 60' x 161' x 60' x 161'
  • Parcel #: 14514020033

Rental Info

  • Owner Pays: Gas, Taxes, Water, Sewer, Insurance

Multi Family

  • Number Of Units Total: 4
  • Income Includes: ["Rent Only"]
  • Tenant Pays: Electricity

Tax Info

  • Tax Annual Amount: 4773.83
  • Tax Book Number: 202200405

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $4,774 $14,000 $3,600 $10,400
2024 $4,381 $14,000 $3,600 $10,400
2023 $4,381 $14,000 $3,600 $10,400
2022 $4,285 $14,000 $3,600 $10,400
2021 $4,285 $14,000 $3,600 $10,400
2020 $4,210 $14,000 $3,600 $10,400
2019 $3,965 $14,000 $3,600 $10,400
2018 $3,965 $14,000 $3,600 $10,400
2017 $3,900 $14,000 $3,600 $10,400
2016 $0 $14,000 $3,600 $10,400
2015 $2,975 $14,000 $3,600 $10,400
2014 -- $14,000 $3,600 $10,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2025 08/20/25 For Sale $519,000 +186.7% $96 / Sq Ft
12/23/2021 12/23/21 Sold $181,000 -7.1% $39 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $194,900 -- $42 / Sq Ft
Source: Pike/Wayne Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $185,000 None Listed On Document
Deed $89,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $227,500 New Conventional
Closed $144,800 New Conventional
Source: Public Records

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Source: Pike/Wayne Association of REALTORS®

MLS Number: PWBPW252747

Pike/Wayne Association of REALTORS®

APN: 14514020033