414 Hickory and 501 Cedar Avenue Scranton, PA 18505

Multi-Family (2-4 Units) MLS #: SC251062 Status #: Active Courtesy Of ERA One Source Realty

$599,900

10 beds | 7 baths | 5,600 sq ft
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Est. Property Tax: $9,500
Estimated monthly payments: $3,414/mo.* (recalculate)

Property InformationDescription

This multi-unit property consists of two buildings featuring seven residential apartments and one commercial storefront, offering a strong investment opportunity with separate electric for each unit. The property is fully occupied with long-term tenants, all on month-to-month leases, providing flexibility for future plans.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!

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Exterior Type: Brick, Vinyl Siding
  • Lot Size: 0.17 Acres

MAP & DIRECTIONS

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414 Hickory and 501 Cedar Avenue, Scranton, PA 18505
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School Information

414 Hickory and 501 Cedar Avenue, Scranton, PA 18505

Elementary School
Grades 5-8 | Public School
SOUTH SCRANTON INTERMEDIATE SCHOOL
Scranton, PA 18505
355 Maple St
570.­348.3631
Distance: 0.3 mi
School Rating
C
Student:Teacher Ratio
16:1
Total Students
630
Elementary School
Grades KG-4 | Public School
JOHN G. WHITTIER ELEMENTARY SCHOOL
Scranton, PA 18505
700 Orchard St
570.­348.3690
Distance: 0.4 mi
School Rating
C
Student:Teacher Ratio
14:1
Total Students
565
Middle School
Grades 5-8 | Public School
SOUTH SCRANTON INTERMEDIATE SCHOOL
Scranton, PA 18505
355 Maple St
570.­348.3631
Distance: 0.3 mi
School Rating
C
Student:Teacher Ratio
16:1
Total Students
630
High School
Grades 9-12 | Public School
SCRANTON HIGH SCHOOL
Scranton, PA 18510
63 Munchak Way
570.­348.3481
Distance: 1.2 mi
School Rating
C-
Student:Teacher Ratio
15:1
Total Students
1524
Other Nearby Schools Distance Type Grades School Rating
Montessori Kindergarten 0.5 mi Private PK-KG
Mcnichols Educational Plaza 0.7 mi Public KG-4 D+
Beth Shalom Academy 0.8 mi Private PK-8
Scranton Hebrew Day School 0.9 mi Private KG-8
Bnos Yisroel Girls High School 0.9 mi Private 10-12
Northeast Scranton Intermediate School 1.1 mi Public 5-8 D+
Frances Willard Elementary School 1.2 mi Public KG-4 C+
William Prescott Elementary School 1.3 mi Public KG-4 C
West Scranton High School 1.3 mi Public 9-12 C-
All Saints Academy 1.3 mi Private PK-8
John Adams Elementary School 1.4 mi Public KG-4 C-
John F. Kennedy Elementary School 1.4 mi Public KG-4 C
Scranton Preparatory School 1.4 mi Private 9-12
Charles Sumner Elementary School 1.4 mi Public PK-4 B-
West Scranton Intermediate School 1.4 mi Public 5-8 C-
Howard Gardner Multiple Intelligence Charter School 1.5 mi Public KG-8 B-
George Bancroft #34 1.6 mi Public PK-5
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Scranton, PA 18505

Median Age: 38
Married: 38%
Number of Households: 8,384
Households with Children: 30.4%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Greater Scranton Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. 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.