$450,000
SOLD MAY 9, 2025

414 Hickory and 501 Cedar Ave Scranton, PA 18505

South Side Neighborhood
10 Beds
7 Baths
5,600 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

25% Below List Price

5 Days on Market

Highlights

  • No HOA
  • Living Room
  • Dining Room
  • Interior Lot

About This Home

As of May 2025

This multi-unit property consists of two buildings featuring seven residential apartments and one commercial storefront, offering a strong investment opportunity with separate electric for each unit. The property is fully occupied with long-term tenants, all on month-to-month leases, providing flexibility for future plans.With high rental demand and plenty of potential, this property is a great opportunity for investors looking to add value. While the buildings do require some TLC, they offer an excellent foundation for growth. Conveniently located in a desirable area, this property presents a steady income stream with room for improvements to maximize returns.Don't miss out on this versatile investment--schedule a showing today!

Last Agent to Sell the Property

Leah Gianacopoulos

ERA One Source Realty License #RS325414 Listed on: 03/13/2025

ERA One Source Realty

Last Buyer's Agent

Terri Backus

ERA One Source Realty License #RS274091

ERA One Source Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,500

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 49x150x56x46x7x104
  • Interior Lot
  • 15616020041 this includes 414 Hickory and 501 Cedar Ave

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 5,600 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Full Bathrooms

Additional Features

  • City Lot
  • No Cooling

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 15616020041
  • Tax Block 30

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,500

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: From CEDAR AVE TO 414 HICKORY ST.
  • Unit Levels: Three Or More
  • Lot Size Acres: 0.17
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • NumberUnfurnished: Unfurnished
  • ResoLotFeatures: City Lot, See Remarks, Other, Interior Lot
  • ResoPoolFeatures: None
  • Road Surface Type: Paved
  • Above Grade Finished Sq Ft: 5600
  • Garage Yn: No
  • New Construction: No
  • Property Attached Yn: No
  • AuctionYN: No
  • SchoolTaxAmount: 4435.46
  • EnhancedAcccessible: No
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeDiningRoomYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Other
  • Full Bathrooms: 7
  • Total Bedrooms: 10
  • Number Of Buildings: 2
  • Spa Features: None
  • Private Spa: No
  • Basement YN: No
  • Fireplace Features: None

Exterior Features

  • Roof: Flat
  • Fencing: None
  • Waterfront: No
  • Construction Type: Brick, Vinyl Siding
  • RoadFrontageLength: 49.00

Utilities

  • Cooling: None
  • Heating: Other
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: MF
  • Land Lease: No
  • Lot Dimensions: 49X150X56X46X7X104
  • Additional Parcels Description: 15616020041 this includes 414 Hickory and 501 Cedar Ave
  • Additional Parcels: Yes
  • Parcel #: 15616020041
  • Zoning Description: Multi-Family

Rental Info

  • Rent Control: No

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9500.02
  • Tax Block: 30
  • Tax Book Number: 0701/0391

Multi Family

  • Number Of Units Total: 8
  • Number Of Units Furnished: None

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Sold $450,000 -25.0% $80 / Sq Ft
03/18/2025 03/18/25 Pending -- -- --
03/13/2025 03/13/25 For Sale $599,900 -- $107 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC251062

Greater Scranton Board of REALTORS®