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!
Sold for $350,000
$350,000
717-719 Cedar Ave, Scranton, PA 18505
9beds
4,138sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$85/sqft
$2,892 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,892/mo
Zestimate® history
Owner options
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$2,892/mo
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$2,892/mo
Rent Zestimate®
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$2,297/mo
Est. payment
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$2,297/mo
Est. payment
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List your homeWhat's special
Scenic community gardenSpacious backyardOff-street parkingPrivate balconiesMultiple drivewaysRecently serviced boilersNew hot water heaters
Zillow last checked:
Listing updated:
Listed by:
Alyssa Mackiw,
EXP Realty LLC
Bought with:
Christine Ives Polizzi, RS360064
EXP Realty LLC
Allison Marie Doyle, RS371400
EXP Realty LLC
Source: GSBR as distributed by MLS GRID,MLS#: SC252529
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Natural Gas
Features
- Basement: Unfinished
Interior area
- Total structure area: 4,138
- Total interior livable area: 4,138 sqft
- Finished area above ground: 4,138
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Driveway
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 6,098 sqft
- Dimensions: 40 x 150
Details
- Parcel number: 15615030005
- Zoning: N
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Asphalt,Metal
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Scranton
HOA & financial
Other financial information
- Total actual rent: 48600
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Sold | $350,000-2.8%$85/sqft |
Source:  GSBR as distributed by MLS GRID #SC252529 Report a problem | ||
| 6/30/2025 | Pending sale | $359,999$87/sqft |
Source: GSBR as distributed by MLS GRID #SC252529 Report a problem | ||
| 5/27/2025 | Listed for sale | $359,999+437.3%$87/sqft |
Source: GSBR as distributed by MLS GRID #SC252529 Report a problem | ||
| 5/10/2019 | Sold | $67,000$16/sqft |
Source: GSBR as distributed by MLS GRID #184689 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,981 +8.5% | $11,000 |
| 2024 | $3,668 | $11,000 |
| 2023 | $3,668 +71.4% | $11,000 |
| 2022 | $2,140 | $11,000 |
| 2021 | $2,140 -36.7% | $11,000 |
| 2020 | $3,380 +1.5% | $11,000 |
| 2018 | $3,329 +159.2% | $11,000 |
| 2017 | $1,284 | $11,000 |
| 2016 | -- | $11,000 |
| 2015 | -- | $11,000 |
| 2014 | $2,386 | $11,000 |
| 2013 | -- | $11,000 |
| 2012 | -- | $11,000 |
| 2011 | -- | $11,000 |
| 2010 | -- | $11,000 |
| 2009 | -- | $11,000 |
| 2008 | -- | $11,000 |
| 2007 | -- | $11,000 |
| 2006 | -- | $11,000 |
| 2005 | -- | $11,000 |
| 2004 | -- | $11,000 |
| 2003 | -- | $11,000 |
| 2002 | -- | $11,000 |
| 2000 | -- | $11,000 |
Find assessor info on the county website
Neighborhood: The Flats
Nearby schools
GreatSchools rating
- 4/10South Scranton Intermediate SchoolGrades: 5-8Distance: 0.1 mi
- 5/10Scranton High SchoolGrades: 7-12Distance: 1.3 mi
- 6/10John G Whittier #2Grades: K-4Distance: 0.6 mi
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- Pennsylvania
- Lackawanna County
- Scranton
- 18505
- The Flats
- 717-719 Cedar Ave
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Nearby neighborhoods
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