Property Photo: 501-503 Cedar Avenue PA 18505

Listing Courtesy of: SCRANTON as distributed by MLS GRID / ERA One Source Realty / Terri "Teri" Backus

501-503 Cedar Avenue Scranton, PA 18505

Active (147 Days)

$620,000 ^(USD)

BED

BATH

5,600

SQFT

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Description

This multi-unit consist of 5 residential units . Approved 5 unit dwelling.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!

MLS #:
SC255516

Taxes
$5,715(2024)

Lot Size
7,405 SQFT

Type
Multifamily

Year Built
1930

School District
Scranton

County
Lackawanna County

Listed By

Terri "Teri" Backus, ERA One Source Realty

Source
SCRANTON
Last checked Apr 1 2026 at 3:01 AM GMT+0000

Bathroom Details

Full Bathrooms: 3

Kitchen

Other

Lot Information

Interior Lot
See Remarks
Other
City Lot

Property Features

Fireplace: None

Heating and Cooling

Natural Gas
Other
None

Pool Information

None

Exterior Features

Roof: Flat

Utility Information

Sewer: Public Sewer

Stories

Three or More

Living Area

5,600 sqft

Listing Price History

Date

Event

Price

% Change

$ (+/-)

Mar 18, 2026

Price Changed

$620,000

48%

$200,000

Oct 24, 2024

Listed

$420,000

Location

Map View | Street View

Listing to Address

Address to Listing

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Disclaimer: Copyright 2026 Greater Scranton Board of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 3/31/26 20:01

Based on information submitted to the MLS GRID as of 4/1/2026 03:01. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.