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Sold on 09/19/2022

1101 Cedar Ave, Scranton, PA 18505

$498,000

Last sold 09/19/2022 for $325K

  • —

    bed

  • —

    bath

  • 3,200

    Sqft ($102/Sqft)

Multi-family not for sale
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About 1101 Cedar Ave

Property type Multi-family
Neighborhood
Year built 1900
HOA fee $0/month
Lot size 6,534 Sqft
Movoto estimate
Rental estimate
Property description
Grand Brick Money Maker! Turn-key 4 units w/separate utilities and central air. 4-2 bedroom units that is fully occupied. Off street parking for 4-6 cars. Laundry room making additional income. This fully restored property has it all. All appliances convey to new owner. Curb appeal and happy tenants make this a perfect property to add to you portfolio., Modern Kitchen: Y, Tax Information: Available, Kitchen: Modern, Baths: Modern, SqFt Fin - 3rd: 0.00, SqFt Fin - Main: 1600.00, SqFt Fin - 2nd: 1600.00, Additional Info: The water is due to the laundry room. This is a coin operated laundry room. I'm still waiting on revenue that it generates. Property has 5 water meters .THIS PROPERTY IS ZONED COMMERCIAL. IN THE DOCUMENTS IS A LETTER FROM THE ZOING DIVISION OF SCRANTON SAYING THIS IS AN APPROVED USE
Listed by
Listing Agent - Sara Weiss
Listing Agent Contact: (570) 342-4115
Listing Office - NASSER REAL ESTATE, INC.
Source: Greater Scranton Board of REALTORS® mls logo
MLS#222298 • last updated 1 year ago
Movoto checked Greater Scranton Board of REALTORS® for data 9 minutes ago
Overview
Cooling/AC Central Air
Heating Electric, Natural Gas
Levels/Style One And One Half, 2
MLS # 222298
SqFt 3200
Status Closed
Subtype Multi Family
Lot Size (Acres) 0.15
Property Tax 5092.66
Year Built 1900
Interior
Laundry Common Area, None
Appliances Dishwasher, Range, Refrigerator
Exterior
Roof Other, See Remarks
Construction Brick
Parking Off Street, Unpaved, See Remarks, Other
# of Parking Spaces 5
Patio/Porch Deck, Porch
Lot Features Corner Lot
Amenities / Utilities
Water Source Public
Security Features Smoke Detector(s)
HOA Amenities Coin Laundry
Location
Community Features Other
High School District Scranton
APN 15619040021
Directions Pittston Ave Turn On E Elm. Corner Lot
Zoning Commercial
Multifamily Details
Total # of Buildings 1
Total # of Units 4
Gross Income 36900
Lot/ Land Details
Road Surface Paved
$498K
Range: $423K-$572K
Last 30 days 
Rental est.: $1,646/month
Gross rent multiplier: 16.5
  • Sep 2022
    Public Records
  • Sep 14, 2022 Sold
    $325,000 (+37.4%)
  • May 2021
    Public Records
  • May 27, 2021 Sold
    $236,500 (+7.5%)
  • Dec 2014
    Public Records
  • Dec 9, 2014 Sold
    $220,000 (+266.7%)
  • Jun 2007
    Public Records
  • Jun 25, 2007 Sold
    $60,000 (+50.0%)
  • Aug 2005
    Public Records
  • Aug 5, 2005 Sold
    $40,000
  • Year Property taxes Tax assessment
  • 2025
    $5,659 +8.7%
    $16,000
  • 2024
    $5,206
    $16,000
  • 2023
    $5,206 -38.0%
    $16,000
  • 2022
    $8,403 +1.0%
    $16,000
  • 2021
    $8,317 +66.1%
    $16,000
  • 2020
    $5,007
    $16,000
  • 1101 Cedar Ave
    $325K
  • South Side
    $192K +7% y/y
  • 18505
    $209K +16% y/y
  • Scranton
    $199K +5% y/y
No chart available
Statistics calculated by Movoto

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5/10
South Scranton Intrmd School
public Grades 5-8
Scranton School District
3/10
Mcnichols Plaza
public Grades K-4
Scranton School District
4/10
Scranton High School
public Grades 7-12
Scranton School District
Source: GreatSchools.org © 2026. All rights reserved.

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