$350,000
SOLD AUG 8, 2025
9 Beds
4.5 Baths
4,138 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$85 Per Sq Ft

3% Below List Price

34 Days on Market

About This Home

As of August 2025

Fully Rented, Turnkey, 4-Unit Investment Property in South Scranton. This well-maintained, income-producing property offers strong cash flow. All four units were tastefully renovated in 2021. Major upgrades include new hot water heaters, and recently serviced boilers for added peace of mind. Tenants are responsible for their own electric and gas, keeping owner expenses low. The front building features a partially metal roof and private balconies overlooking a spacious backyard and scenic community garden. Multiple driveways provide ample off-street parking. A solid investment opportunity with dependable rental income and strong tenant appeal!

Last Agent to Sell the Property

Alyssa Mackiw

EXP Realty LLC License #RS366528 Listed on: 05/27/2025

EXP Realty LLC

Last Buyer's Agent

Christine Ives Polizzi

EXP Realty LLC License #RS360064

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,981

Year Built

  • Built in 1930

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 40x150

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Asphalt Roof
  • Metal Roof

Interior Spaces

  • 4,138 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 9 Bedrooms

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $48,600
  • Tenant pays for electricity, gas
  • The owner pays for insurance, taxes, water
  • Assessor Parcel Number 15615030005
  • Tax Block 70
  • $11,000 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,981

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Directions: Head northeast on I-81 N, take exit 185 to merge onto President Biden Expy, take the exit toward Steamtown, slight left onto Cedar Ave.
  • Lot Size Acres: 0.14
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Year Built: 1930
  • Reso Property Sub Type: Multi Family
  • Above Grade Finished Sq Ft: 4138
  • New Construction: No
  • AuctionYN: No
  • SchoolTaxAmount: 1626.33
  • EnhancedAcccessible: No
  • GSB_UnitTypeDiningRoomYN: Yes
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • GSB_UnitTypeDiningRoomYN: No
  • GSB_UnitTypeLivingRoomYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Has Basement: Unfinished
  • Number Of Buildings: 2
  • Basement YN: Yes

Exterior Features

  • Roof: Asphalt, Metal
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Driveway

Utilities

  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Junior High Dist: Scranton

Lot Info

  • Zoning: N
  • Lot Dimensions: 40X150
  • Parcel #: 15615030005

Rental Info

  • Tenant Pays: Electricity, Gas
  • Owner Pays: Insurance, Taxes, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3981.16
  • Tax Block: 70
  • Tax Book Number: 0906/0200
  • Tax Other Annual Assessment Amount: 11000

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 48600
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
08/08/2025 08/08/25 Sold $350,000 -2.8% $85 / Sq Ft
06/30/2025 06/30/25 Pending -- -- --
05/27/2025 05/27/25 For Sale $359,999 -- $87 / Sq Ft
Source: Greater Scranton Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Scranton Board of REALTORS®

MLS Number: GSBSC252529

Greater Scranton Board of REALTORS®