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Five-Building Apartment Portfolio
For Sale
$5,300,000

1201-1207 Mulberry Street, Scranton, PA 18510

COMMERCIAL - Scranton, PA

Property SizeContact for details
Lot Size0.07 Acres
Days on Market51

Property Features for 1201-1207 Mulberry Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Parking Lot
Lot features City Lot, Corner Lot
Directions I-84 to Scranton. Take exit 184 from I-81 S26 min (28.6 mi). Continue on PA-307 N/Moosic St. Take Harrison Ave to Mulberry St
Standard status Active
APN 15737020015
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 89112

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Oil
Water source Public

Building Details

Year built 2001
Floors in Building 3
Number of units 18
Roof type Asphalt, Rubber
Listing Agency: Iron Valley RE Innovate - Lords Valley
Listed By: Richard Caridi
Added: Jun 23 Changed: Aug 4 Last Checked: Aug 12 at 12:06AM
MLS# PW-262035

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This five-building apartment portfolio contains 18 total units, including 14 residential student housing units and 4 commercial units. Unit mix ranges from 2 to 5 bedrooms, with many units having multiple baths. The portfolio includes 1201-1203 Mulberry Street (a four-unit commercial building with six student housing units), 418-420 N. Webster Avenue, 1205-1207 Mulberry Street, 406 N. Webster Avenue, and 410-412 N. Webster Avenue, plus 414-416 N. Webster Avenue, along with a dedicated parking lot.

The buildings are located in Scranton’s Hill Section, just steps from the University of Scranton. Constructed in 2001, the properties are served by public water and public sewer. Heating systems include natural gas and oil, and the roofs are listed as asphalt and rubber.

The combination of student housing units and commercial units provides a diversified portfolio configuration within a rental-focused location near the University of Scranton.

Key Highlights

  • 18 total units: 14 student housing units and 4 commercial units
  • Five‑building portfolio with multiple street addresses including Mulberry St and N. Webster Ave
  • 2001 year built

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Pet Grooming Service Storage Facility Locksmith (Bike/Boat/Book/etc) Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

792
Businesses Nearby

Demographics for 18510, PA

14,110
Population
5,824
Households
2.4
Avg Household Size
31
Median Age
28%
College-Educated
88%
High-School Grad
1.8 sq mi
ZIP Area
7,839
Density / Sq Mi
$52,500
Median Household Income
$25,282
Median Earnings
$1,040
Median Rent
$178,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Portfolio totals 18 units, including student housing and commercial space, with a dedicated parking lot and public utilities.
Where is this apartment building located?
The property is located at 1201-1207 Mulberry Street Scranton, PA.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: 18 total units: 14 student housing units and 4 commercial units; Five‑building portfolio with multiple street addresses including Mulberry St and N. Webster Ave; 2001 year built
More about this property
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