1413 1415 Lafayette Street, Scranton, PA 18504
$499,000
Property Type:
Residential Income
Bedrooms:
13
Baths:
4
Square Footage:
5,400
Status:
Active
Current Price:
$499,000
List Date:
12/03/2025
Last Modified:
1/21/2026
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 property in the heart of Scranton!
More Information MLS# PW-252747
Contract Information
Listing Service: Full Service
Current Price: $499,000
List Price: $499,000
Status: Active
Listing Contract Date: 2025-08-20
Property Sub Type: Multi Family
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
General Property Information
Number Of Buildings: 1
Number Of Units Total: 4
Bathrooms Half: 0
Above Grade Finished Area: 5400
Below Grade Finished Area: 2184
Lot Size Acres: 0.22
Lot Size Dimensions: 60’ x 161’ x 60’ x 161’
Association YN: No
Year Built Source: Public Records
New Construction YN: No
Garage YN: No
Garage Spaces: 0
Waterfront YN: No
Water Body Name: None
Stories: 3
List Price/SqFt: 92.41
Bedrooms Total: 13
Bathrooms Total: 4
Bathrooms Full: 4
Living Area: 5400
Year Built: 1935
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!
Appliances
Dryer: 1
Oven: 1
Refrigerator: 1
Washer: 1
Other: 1
Basement
Full: 1
Unfinished: 1
Cooling
Ceiling Fan(s): 1
Flooring
Carpet: 1
Hardwood: 1
Luxury Vinyl: 1
Heating
Natural Gas: 1
Steam: 1
Laundry Features
In Basement: 1
Levels
Three Or More: 1
Parking Features
Driveway: 1
Off Street: 1
On Street: 1
Patio And Porch Features
Front Porch: 1
Property Condition
Updated/Remodeled: 1
Road Responsibility
Public Maintained Road: 1
Sewer
Public Sewer: 1
Structure Type
Multi Family: 1
Quadruplex: 1
Water Source
Public: 1
Unit 1
Unit #: 1
Actual Rent: 975
Security Deposit $: 975
SqFt Total: 950
Baths Total: 1
Beds Total: 2
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
Baths Total: 1
Beds Total: 2
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
Baths Total: 1
Beds Total: 4
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
Baths Total: 1
Beds Total: 5
Dining Room YN: Yes
Kitchen YN: Yes
Living Room YN: Yes
Occupied YN: Yes
Unit Remarks: M-M
Owner Pays
Gas: 1
Insurance: 1
Sewer: 1
Taxes: 1
Water: 1
Tenant Pays
Electricity: 1
Income Includes
Rent Only: 1
Location Tax and Legal
Street Number: 1413
Street Name: 1415 Lafayette
Street Suffix: Street
County: Lackawanna
State: PA
Postal Code: 18504
Subdivision Name: None
Status Change Information
Major Change Timestamp: 2026-01-21T20:28:04Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-01-21T20:28:04Z
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
Documents
Listing Office:
SIX PM LLC
Last Updated: January - 21 - 2026
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