501-503 Cedar Ave

5,600 Sq. Ft.
$75 / Sq. Ft.
5,600
Sq. Ft.
$75
per Sq. Ft.

Description

This multi-unit consist of 3 residential units and possible 2 storefronts. 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!This multi-unit consist of 3 residential units and possible 2 storefronts. 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!
  1. Listed by Mary Theresa Backus • Brokerage DRE #RB062459C • ERA One Source Realty
    P: (570)-947-0100 terback5@aol.com

Property Details for 501-503 Cedar Avenue

Zoning Description
MF
Zoning
Multi-Family
Waterfront
No
LISTING UPDATED: 01/05/2026 11:57 AM

Property Details for 501-503 Cedar Avenue

StatusActive
MLS #SC255516
Days on Market121
Taxes$5,715 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1930
Lot Size0.17 AC / 7,405 SF
CountyLackawanna County

Location

Listing Courtesy of ERA One Source Realty
Add your commute

Building Information for 501-503 Cedar Avenue

Stories3Residences4Year Built1930Building Size-Lot Size0.17 AC / 7,405 SF

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$2,523 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,047

Property Taxes

$476

HOA Dues

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Property Information for 501-503 Cedar Avenue

Summary
Location and General Information
  • Road Surface Type: Paved
  • Region: South Scranton
  • Municipality: South Scranton
  • Directions: TURN RIGHT OFF PITTSTON TO CEDAR AVE. PROPERTY ON CORNER OF CEDAR AND HICKORY ST.
  • City: Scranton
  • State/Province: PA
  • Postal Code: 18505
  • County: Lackawanna
  • Latitude: 41.40089
  • Longitude: -75.665752
Taxes and HOA Information
  • Tax Book Number: 0701/0391
  • Tax Assessed Value: 30000
  • Tax Year: 2024
  • Parcel Number: 15616020041
  • Association: No
  • Tax Annual Amount: $5,714.56
Parking
  • Garage Spaces: .00
School Information
  • School District: Scranton
Property
Lot Information
  • Structure Type: Multi Family
  • Lot Size Acres: .17
  • Lot Size Dimensions: 49X150X56X46X7X104
  • Lot Features: City Lot, See Remarks, Other, Interior Lot
  • Living Area: 5600.0
  • Lot Size Area: 0.17
  • Number of Buildings: 1
  • Below Grade Finished Area: 0.0
Property and Assessments
  • Property Type: Residential Income
  • Year Built: 1930
  • Property Sub Type: Multi Family
  • Property Type Label: Residential Income
  • New Construction: No
  • Construction Materials: Brick, Vinyl Siding
  • Property Attached: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Property Information:Levels: Three Or More
  • Stories: 3
  • Cooling: None
  • Heating: Natural Gas, Other
  • Fireplace Features: None
  • Bathrooms Total (Integer): 3
  • Bathrooms Total (Decimal): 3.00
  • Bathrooms Total (Notational): 3.00
  • Fireplace: No
  • Bedrooms Total: 7
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Appliances: Other
Exterior Features
  • Roof: Flat
  • Foundation Area: .00
  • Senior Community: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4

Property History for 501-503 Cedar Avenue

DateEvent & SourcePriceAppreciation
Jan 5, 2026

Listed (Active)

Greator Scranton Board of REALTORS #SC255516

Dec 24, 2025

Expired

Greator Scranton Board of REALTORS #SC255516

$420,000
Oct 24, 2025

Listed (Active)

Greator Scranton Board of REALTORS #SC255516

$420,000
Apr 1, 2010

Expired

Greator Scranton Board of REALTORS #09-1453

$249,000
Mar 31, 2010

Expired

Greator Scranton Board of REALTORS #091453

$249,000
Dec 1, 2009

Listed (Active)

Greator Scranton Board of REALTORS #09-1453

$249,000
Mar 31, 2009

Listed (Active)

Greator Scranton Board of REALTORS #091453

$249,000
Mar 31, 2009

Withdrawn

Greator Scranton Board of REALTORS #08-2625

$329,900
Mar 31, 2009

Withdrawn

Greator Scranton Board of REALTORS #082625

$329,900
Jan 1, 2009

Listed (Active)

Greator Scranton Board of REALTORS #08-2625

$329,900
May 13, 2008

Listed (Active)

Greator Scranton Board of REALTORS #082625

$329,900
DateEvent & SourcePrice
01/05/2026

Listed (Active)

Greator Scranton Board of REALTORS #SC255516

12/24/2025

Expired

Greator Scranton Board of REALTORS #SC255516

$420,000
10/24/2025

Listed (Active)

Greator Scranton Board of REALTORS #SC255516

$420,000
04/01/2010

Expired

Greator Scranton Board of REALTORS #09-1453

$249,000
03/31/2010

Expired

Greator Scranton Board of REALTORS #091453

$249,000
12/01/2009

Listed (Active)

Greator Scranton Board of REALTORS #09-1453

$249,000
03/31/2009

Listed (Active)

Greator Scranton Board of REALTORS #091453

$249,000
03/31/2009

Withdrawn

Greator Scranton Board of REALTORS #08-2625

$329,900
03/31/2009

Withdrawn

Greator Scranton Board of REALTORS #082625

$329,900
01/01/2009

Listed (Active)

Greator Scranton Board of REALTORS #08-2625

$329,900
05/13/2008

Listed (Active)

Greator Scranton Board of REALTORS #082625

$329,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 501-503 Cedar Avenue

Taxable ValueLand$8,300Additions$21,700Total$30,000
Tax Record2023$9,500 ($792 / month)
Home Facts
Lot Size7,614 SqFtStyleGovernmental / Public UseCountyLACKAWANNAAPN15616020041

Schools near 501-503 Cedar Avenue

This home is within Scranton School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 7 to 12
Public - PK to 5
Rating
School
Distance
John G Whittier #2
PublicK to 4

South Scranton Intermediate School
Public5 to 8

Scranton High School
Public7 to 12

George Bancroft #34
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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501-503 Cedar Avenue is a multi-family home for sale in Scranton, PA 18505. This property was listed for sale on October 24, 2025 by ERA One Source Realty, it's currently listed at $420,000. This listing's school district is Scranton School District. Nearby schools include John G Whittier #2, South Scranton Intermediate School and Scranton High School. 501-503 Cedar Avenue is a 7-bed, 3-bath, 5,600 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ERA One Source Realty

Based on information submitted to the MLS GRID as of 01/05/2026 11:57 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.