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

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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$2,448/mo

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$2,448/mo

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What's special

Scenic community gardenSpacious backyardOff-street parkingPrivate balconiesMultiple drivewaysRecently serviced boilersNew hot water heaters

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!

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 Square Feet
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 & HOA

Location

Region: Scranton

Financial & listing details

Price per square foot: $85/sqft
Tax assessed value: $11,000
Annual tax amount: $3,981
Date on market: 5/27/2025
Cumulative days on market: 34 days
Total actual rent: 48600
Tenant pays: Electricity, Gas

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