1413 1415 Lafayette Street, Scranton, PA 18504

$499,000
Property Type: Residential Income Bedrooms: 13 Baths: 4 Square Footage: 5,400 Status: Pending
Current Price: $499,000 List Date: 12/03/2025 Last Modified: 4/08/2026

Overview

Description

Introducing a rare opportunity to own a monster 4-plex in Scranton, PA! This very large property is in fantastic shape and offers four spacious units, all fully occupied by excellent tenants. Recent updates include new flooring throughout, along with modernized kitchens and bathrooms in several units. The property generates a strong annual gross rent of $57,600, making it a true turnkey investment. The layout consists of two 2-bedroom units, one 4-bedroom unit, and one impressive 5-bedroom unit. Each unit features two egresses, a private back porch overlooking the generous backyard, and access to both off-street and on-street parking. Tenants are responsible for electric, while the owner covers gas, water, sewer, taxes, and insurance—streamlining management and ensuring consistent income. Whether you're looking to expand your portfolio or step into multi-family investing, this property delivers size, condition, and cash flow. Don't miss your chance to secure a turnkey rental pr ...

Listing Details MLS# PW-252747

General Property Information

Number Of Buildings
Yes
Number Of Units Total
4
Bedrooms Total
13
Bathrooms Total
4
Bathrooms Full
4
Above Grade Finished Area
5400
Below Grade Finished Area
2184
Living Area
5400
Year Built
1935
Year Built Source
Public Records
New Construction YN
No
Garage YN
No
Lot Size Acres
0.22
Lot Size Dimensions
60’ x 161’ x 60’ x 161’
Association YN
No
Waterfront YN
No
Water Body Name
None
Stories
3
List Price/SqFt
92.41
Bathrooms Half
0
Garage Spaces
0

Property Features

Appliances: Dryer; Oven; Refrigerator; Washer; Other Basement: Full; Unfinished Cooling: Ceiling Fan(s) Flooring: Carpet; Hardwood; Luxury Vinyl Heating: Natural Gas; Steam Income Includes: Rent Only Laundry Features: In Basement Levels: Three Or More Owner Pays: Gas; Insurance; Sewer; Taxes; Water Parking Features: Driveway; Off Street; On Street Patio And Porch Features: Front Porch Property Condition: Updated/Remodeled Road Responsibility: Public Maintained Road Sewer: Public Sewer Structure Type: Multi Family; Quadruplex Tenant Pays: Electricity Water Source: Public

Contract Information

Listing Contract Date
2025-08-20
Property Sub Type
Multi Family
Listing Service
Full Service

Location Tax and Legal

Street Number
1413
Street Name
1415 Lafayette
Street Suffix
Street
County
Lackawanna
State
PA
Postal Code
18504
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
Introducing a rare opportunity to own a monster 4-plex in Scranton, PA! This very large property is in fantastic shape and offers four spacious units, all fully occupied by excellent tenants. Recent updates include new flooring throughout, along with modernized kitchens and bathrooms in several units. The property generates a strong annual gross rent of $57,600, making it a true turnkey investment. The layout consists of two 2-bedroom units, one 4-bedroom unit, and one impressive 5-bedroom unit. Each unit features two egresses, a private back porch overlooking the generous backyard, and access to both off-street and on-street parking. Tenants are responsible for electric, while the owner covers gas, water, sewer, taxes, and insurance—streamlining management and ensuring consistent income. Whether you're looking to expand your portfolio or step into multi-family investing, this property delivers size, condition, and cash flow. Don't miss your chance to secure a turnkey rental property in the heart of Scranton!

Status Change Information

Major Change Timestamp
2026-04-08T18:57:56Z
Major Change Type
Status Change
Price Change Timestamp
2026-01-21T20:28:04Z
Purchase Contract Date
2026-04-08

More Information

Unit 1

Unit #
Yes
Actual Rent
975
Security Deposit $
975
SqFt Total
950
Dining Room YN
No
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes
Unit Remarks
M-M

Unit 2

Unit #
2
Actual Rent
950
Security Deposit $
950
SqFt Total
950
Dining Room YN
Yes
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes
Unit Remarks
M-M

Unit 3

Unit #
3
Actual Rent
1375
Security Deposit $
1375
SqFt Total
1650
Dining Room YN
Yes
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes
Lease Expiration Date
2026-09-30

Unit 4

Unit #
4
Actual Rent
1500
Security Deposit $
1500
SqFt Total
1850
Dining Room YN
Yes
Kitchen YN
Yes
Living Room YN
Yes
Occupied YN
Yes
Unit Remarks
M-M

Location, Tax, and Legal

Municipality
City Of Scranton
High School District
Scranton School District
County Tax Amount
1259.72
Municipal Tax Amount
547.11
School Tax Amount
2069.89
Tax Annual Amount
4773.83
Tax Assessed Value
14000
Parcel Number
14514020033
Zoning
Residential
Tax Book Number
202200405

Appliances

Dryer
Yes
Oven
Yes
Refrigerator
Yes
Washer
Yes
Other
Yes

Basement

Full
Yes
Unfinished
Yes

Cooling

Ceiling Fan(s)
Yes

Flooring

Carpet
Yes
Hardwood
Yes
Luxury Vinyl
Yes

Heating

Natural Gas
Yes
Steam
Yes

Laundry Features

In Basement
Yes

Levels

Three Or More
Yes

Parking Features

Driveway
Yes
Off Street
Yes
On Street
Yes

Patio And Porch Features

Front Porch
Yes

Property Condition

Updated/Remodeled
Yes

Road Responsibility

Public Maintained Road
Yes

Sewer

Public Sewer
Yes

Structure Type

Multi Family
Yes
Quadruplex
Yes

Water Source

Public
Yes

Owner Pays

Gas
Yes
Insurance
Yes
Sewer
Yes
Taxes
Yes
Water
Yes

Tenant Pays

Electricity
Yes

Income Includes

Rent Only
Yes

Documents

Listing Office: SIX PM LLC
Last Updated: April - 08 - 2026
Information displayed on this website on listings other than those of the website owner is displayed with permission of the Pike Wayne Association of REALTORS and Broker/Participants of the Pike Wayne 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. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently.
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