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    1413 Lafayette St Scranton, PA 18504

    New
    For Sale
    $519,000

    Multi Family - Scranton, PA

    Property size:
    5,400 SF
    Lot size:
    0.22 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 6 at 5:06 am

    Property Features for 1413 Lafayette St

    General Information

    Property type
    Residential Multi Family
    Standard status
    Active
    Zoning
    Residential
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    13
    Bathrooms
    4
    APN
    14514020033
    Parking features
    Driveway, Off Street, On Street
    Appliances
    Dryer, Refrigerator
    Size
    5,400 SF
    Lot size
    0.22 Acres

    Utilities

    Heating system
    Natural Gas, Steam
    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1935
    Number of units
    4
    Flooring type
    Carpet, Hardwood, Vinyl
    Architectural style
    Other

    Park Place Real Estate (570) 307-7275

    Listing agent Jeremy J Watson (570) 352-5162 License #RM425357

    Listing date Dec 3, 2025

    MLS# PW-252747 Listing URL

    Copyright © 2025 Pike/Wayne Association 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.

    Overview

    Spacious Scranton 4-Plex Investment

    This large 4-plex in Scranton, PA, presents a rare investment opportunity. The property is in excellent condition and features four spacious units, all currently occupied by tenants. Recent updates include new flooring and modernized kitchens and bathrooms in several units. The property generates an annual gross rent of $57,600. The layout includes two 2-bedroom units, one 4-bedroom unit, and one 5-bedroom unit. Each unit has two egresses and a private back porch overlooking the backyard. Both off-street and on-street parking are available. Tenants are responsible for electric, while the owner covers gas, water, sewer, taxes, and insurance. The property, situated on a 0.22-acre lot, offers 5400 square feet of living space. This turnkey rental property is located in the heart of Scranton.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Scranton
    County
    Lackawanna
    State
    Pennsylvania
    Longitude
    -75.682491
    Latitude
    41.416222

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    FAQs

    What type of property is this?
    Quadplex - Turnkey 4-unit property in Scranton with strong rental income.
    Where is this quadplex located?
    The property is located at 1413 Lafayette St Scranton, PA.
    What is the asking price?
    The asking price for this property is $519,000.
    What are key features of this property?
    This property features: - Turnkey 4-plex investment property generating a strong annual gross rent of $57,600.; - Fully occupied with excellent tenants.; - Spacious units including a 5-bedroom and a 4-bedroom unit, plus two 2-bedroom units.
    (570) 352-5162
    Request Owner's contact information
    1413 Lafayette St Scranton, PA 18504
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    Scranton, PA 18504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1413 Lafayette St Scranton, PA 18504
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