Sold for $550,000

$550,000

512 Electric St #510-516, Scranton, PA 18509

12beds

7,450sqft

Multi Family

Built in 1931

-- sqft lot

$567,000 Zestimate^®

$74/sqft

$1,232 Estimated rent

Home value

$567,000

$482,000 - $669,000

$1,232/mo

Zestimate^® history

Owner options

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$1,232/mo

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$1,232/mo

Rent Zestimate^®

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$3,600/mo

Est. payment

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$3,600/mo

Est. payment

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What's special

Calling all investors. This property boasts 3 separate buildings plus a detached 2 car garage There is a 4 unit building, a side by side 2 unit double home, and a single family home, plus a two car garage. The driveway leads to plenty of parking for all tenants. A great investment for this 7 units plus a potential garage rental. Excellent rental history. Close to schools, shopping, and bus routes.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 12
Bathrooms: 7
Full bathrooms: 7

Features

Basement: Unfinished

Interior area

Total structure area: 7,450
Total interior livable area: 7,450 sqft
Finished area above ground: 7,450
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Garage
Garage spaces: 2

Features

Stories: 2

Lot

Size: 0.34 Acres
Dimensions: 100 x 150

Details

Parcel number: 13513010031
Zoning: R2
Zoning description: Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Condition

New construction: No
Year built: 1931

Community & HOA

Location

Region: Scranton

Financial & listing details

Price per square foot: $74/sqft
Tax assessed value: $20,000
Annual tax amount: $6,911
Date on market: 9/20/2025
Cumulative days on market: 119 days
Exclusions: Tenant personal property and any tenant owned appliances.

Price history

Date	Event	Price
2/6/2026	Sold	$550,000-8.2%$74/sqft
Source: GSBR as distributed by MLS GRID #SC254894 Report a problem
1/16/2026	Pending sale	$599,000$80/sqft
Source: GSBR as distributed by MLS GRID #SC254894 Report a problem
10/15/2025	Price change	$599,000-11.3%$80/sqft
Source: GSBR as distributed by MLS GRID #SC254894 Report a problem
9/20/2025	Listed for sale	$675,000$91/sqft
Source: GSBR as distributed by MLS GRID #SC254894 Report a problem